Offshore Europe News - page 3

 

Equinor Gets Permit for Barens Sea Drilling Ops

May 16, 2025

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in Barents Sea.The permit is for wellbore 7220/5-4 in production license 532, operated by Equinor with 46.4% working interest.Equinor’s partners in the license are Vår Energi and Petoro…

Mitsui’s STATS Rolls Out Titanium Connector for Oil and Gas Sector

May 15, 2025

STATS Group, a wholly owned subsidiary of Mitsui & Co, has developed mechanical pipe connectors, aimed at addressing increased demand in the Norwegian oil and gas sector.Titanium is better suited to high-stress corrosive environments found in…

Topside for Hollandse Kust (west Beta) Substation Set to Sail to Final Location

May 15, 2025

Two weeks after the successful load out, the steel topside for the Hollandse Kust (west Beta) substation platform is ready to leave the port of Hoboken near Antwerp in the Netherlands for its final North Sea destination.The topside is schedule to leave the Dutch port on May 17…

PBS Nets O&M Contract Extension with TotalEnergies for North Sea Assets

May 15, 2025

Scotland-based PBS has secured extension of its General Maintenance and Operations Contract (GMOC) with TotalEnergies after the operator exercised an option to retain PBS's services through to the end of April 2027.The GMOC was initially awarded to PBS - a consortium comprising Ponticelli UK…

Eni Starts Negotiations with Ares for Plenitude Stake Sale Based on $13B Value

May 15, 2025

Italy’s Eni has signed an agreement to enter into a period of exclusivity with investment fund Ares Alternative Credit Management for the sale of stake in Plenitude, its retail and renewables unit.The exclusivity agreement is aimed at negotiating…

DEME Acquires 50% Stake in BAUER Offshore Technologies

May 15, 2025

DEME Offshore Holding, a wholly owned subsidiary of DEME Group, has acquired a 50% stake in BAUER Offshore Technologies, a BAUER Group company.BAUER Offshore Technologies specializes in drilling services for the installation of foundations for offshore wind farms…

SBM Offshore Reports 27% Revenue Rise, Driven by FPSO Unit

May 15, 2025

Dutch oil and gas services firm SBM Offshore reported a 27% rise in its first-quarter revenue on Thursday, boosted by strong performance across all its segments, particularly in its turnkey unit.The Amsterdam-listed firm, which provides floating production services to the offshore energy industry…

CorPower Ocean to Develop 5MW Wave Energy Farm off Scotland

May 14, 2025

Swedish wave energy developer CorPower Ocean has signed a berth agreement to build a 5 MW wave energy project at the European Marine Energy Centre (EMEC) in Orkney, Scotland.Scheduled for deployment in 2029, the 5 MW array is expected to become the UK’s largest wave energy project…

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

May 14, 2025

LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation on its proposals to develop a high voltage cable production facility at the Port of Tyne for subsea electricity transmission, designed to transport clean energy generated by offshore wind onto UK shores…

Equinor Drills Two North Sea Wells Fit for CO2 Injection and Storage

May 14, 2025

Equinor Low Carbon Solutions (Equinor) has drilled two appraisal wells in the North Sea which indicate that the reservoir is suitable for injection and storage of carbon dioxide (CO2).The wells, 32/7-1 and 32/4-4, were drilled in the North Sea about 20 kilometers east of the Troll A platform…

Certek Acquires Wind Turbine Services Firm GEV Wind Power

May 13, 2025

Certek has made a significant investment in GEV Wind Power (GEV), the global specialist services provider to the wind energy industry, as it targets further growth opportunities and international expansion.Based in East Yorkshire, England, GEV provides inspection…

Aker BP Secures Drilling Permit for Multiple Wildcat Wells in North Sea

May 13, 2025

The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for three wildcat wells in the North Sea.The permit is for wellbore 25/1-14 A, 25/1-14 B and 25/1-14 C in production license 873 B.Aker BP is the operator of the license with 47…

Seatrium, Höegh Evi Agree LNG Tanker Conversion Job into FSRU Bound for Egypt

May 13, 2025

Singapore-based Seatrium has secured a Floating Storage Regasification Unit (FSRU) conversion contract from Höegh Evi, formerly known as Höegh LNG, for the liquefied natural gas (LNG) carrier Hoegh Gandria.The contract covers the conversion and longevity of LNG carrier…

Agogo FPSO to Reach Azule Energy’s Field off Angola in Mid-May (Photos)

May 13, 2025

One of the world’s most advanced offshore production assets, the Agogo floating production storage and offloading (FPSO) vessel, operated by Yinson Production for Azule Energy, made a scheduled technical stop at Walvis Bay in Namibia, while en route to a field offshore Angola…

Fugro’s Group Director for Europe and Africa Resigns

May 13, 2025

Fugro’s Group Director for Europe and Africa Erik-Jan Bijvank has announced his decision to step down form the position to pursue opportunities outside the company.Effective immediately, the recruitment process for Erik-Jan’s replacement has already been initiated…

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