Offshore Europe News - page 293

 

Harbour Energy's CEO Europe to Step Down

Feb 02, 2022

UK-based oil and gas company Harbour Energy said Wednesday that Phil Kirk had notified the Board of his intention to step down as Executive Director, President, and CEO Europe, with effect from February 28, 2022.Kirk was previously Chief Executive Officer and founder of the Chrysaor Group…

Odfjell Drilling's Deepsea Stavanger Rig Starts Equinor Contract

Feb 01, 2022

Offshore drilling contractor Odfjell Drilling has informed that its Deepsea Stavanger semi-submersible drilling rig has started its contract with the Norwegian oil firm Equinor.The contract was first announced in May 2021, when it was shared…

After Warning, Saipem Shares Slide to Lowest Since 1992

Feb 01, 2022

Shares in Italian energy services group Saipem slid to their lowest level in three decades after a shock profit warning left leading shareholders scrambling to find a way to bolster the company's finances.At 1045 GMT the shares were down 4%…

Equinor Files Impact Assessment for Wisting Project in Barents Sea

Feb 01, 2022

Norwegian oil and gas company Equinor has filed an impact assessment for the development and operation of the Wisting oil field in the Barents Sea. The plan for development and operation (PDO) is planned to be completed at the end of 2022.The…

BASF Presses for Wintershall Dea IPO in Dispute with Co-owner

Jan 31, 2022

BASF remains committed to a sale of its stake in oil and gas business Wintershall Dea AG on the stock market, it said on Monday, despite co-owner LetterOne opposing an initial public offering (IPO) in the short term.The disagreement between…

Aker BP, Equinor Get Drilling Permits for North Sea Wildcats

Jan 31, 2022

The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for the wildcat well well 35/4-3 in the North Sea, offshore Norway.Located in the production license 685, the well will be drilled using Odfjell Drilling’s Deepsea Nordkapp semi-submersible drilling rig…

wpd offshore Looking to Build Offshore Wind Farms in Romania

Jan 31, 2022

German offshore wind development company wpd offshore has said it has become the first company in Romania to officially apply for the development of offshore wind energy projects in the Black Sea. The Black Sea 1 (500 MW) and Black Sea 2 (approx…

Total Sells 20% in West of Shetland Fields to Kistos

Jan 31, 2022

French oil and gas major TotalEnergies has agreed to sell to Kistos Energy a 20% interest in the Greater Laggan Area fields and in the Shetland Gas Plant in the UK, as well as interests in several nearby exploration licenses.Kistos will pay a firm consideration of $125 million…

Saipem Issues Profit Warning as Costs and Pandemic Hit Margins

Jan 31, 2022

Italian energy services group Saipem is talking to investors about a possible funding package, the group said on Monday after warning it will take a heavy loss for 2021, triggering a halt in its shares to prevent a stinging sell-off.Saipem has…

Equinor's Hammerfest LNG Plant Extends Outage

Jan 31, 2022

Norway's Hammerfest LNG plant faces a further delay before restarting production following a fire in 2020, Equinor and Norwegian gas system manager Gassco said on Monday.The plant, operated by Equinor, is now expected to resume output on May 17…

Finland Grants First Research Permits for Offshore Wind Projects in its EEZ

Jan 28, 2022

Finland's government has earlier this month granted research permits for three offshore wind power projects in Finland’s exclusive economic zone. Wpd Finland Oy was granted a permit for the research area west of Jakobstad. OX2 Finland Oy received…

Schlumberger Secures Work at Northern Lights Carbon Capture Project

Jan 28, 2022

Oilfield services giant Schlumberger will deploy its DELFI cognitive E&P environment on the Norwegian carbon capture and storage project Northern Lights.The Northern Lights project is operated by the namesake joint venture, owned by Equinor…

EU Approves Funding for Northern Lights CCS Project Expansion

Jan 27, 2022

Norwegian carbon capture and storage project Northern Lights is set to receive four million euros from the EU under the Connecting Europe Facility (CEF) funding scheme.The Northern Lights joint venture, owned by Equinor, TotalEnergies, and Shell…

Equinor's Martin Linge Offshore Field Officially Open

Jan 27, 2022

Norwegian Minister of Petroleum and Energy, Marte Mjøs Persen, will Thursday officially open the Martin Linge field, located in the North Sea, offshore Norway.As previously reported, the field came on stream in June 2021, after years of delays…

Nord Stream 2 Registers German Subsidiary, Certification Still Suspended

Jan 27, 2022

The operator of the Russian Nord Stream 2 gas pipeline has registered a subsidiary for the German part of the pipeline to meet German regulatory requirements, it said on Wednesday, though certification for the project still remains suspended by Berlin…

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