Offshore Europe News - page 295

 

Nexans Wins $738M Italian Subsea Power Cable Contract

Nov 30, 2021

French offshore cable construction and installation firm Nexans has been awarded a frame contract for more than €650 million (around $738,16 million) with Terna, supplying an interconnector cabling solution for its Tyrrhenian Link in Italy. Tyrrhenian…

Norway: Johan Sverdrup Crude Loadings to Drop in January

Nov 30, 2021

Exports of Norway's major crude stream Johan Sverdrup will drop sharply in January to 471,000 barrels per day (bpd) compared with 536,000 bpd in December, a loading program showed on Tuesday.The program is the smallest since July this year.…

Boskalis Joins Consortium Bidding for Danish Energy Island

Nov 30, 2021

Dutch dredging and marine contractor Boskalis has partnered up with  Copenhagen Infrastructure Partners (CIP) and three other companies to bid for the development of the energy island in the Danish North Sea. Back in February, Denmark approved…

Google to Buy Power from Ørsted's German Offshore Wind Project

Nov 30, 2021

Offshore wind developer Ørsted said Tuesday it had struck a 12-year corporate power purchase agreement (CPPA) with Google. Under the CPPA, Google will offtake 50 MW of Ørsted’s planned 900 MW Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea…

BP to Set Up Large-scale Green Hydrogen Project in UK

Nov 30, 2021

BP said on Monday it plans to set up a large-scale green hydrogen production plant in northeast England, generated with wind, water and solar energy to aid Britain's move away from fossil fuels.The project, dubbed HyGreen Teesside, aims to produce…

Equinor Exits Ireland with $434M Sale of Corrib Gas Field Stake to Vermilion Energy

Nov 29, 2021

Norwegian oil and gas company Equinor has agreed to sell its stake in the Corrib offshore gas project in Ireland to Vermilion Energy.The transaction is organized through a share sale of Equinor Energy Ireland Limited, a company 100% owned by Equinor ASA…

Germany Working with U.S. on Nord Stream 2 Pipeline Deal

Nov 29, 2021

Germany said on Sunday it was continuing to work closely with the United States on implementing a deal on the Nord Stream 2 pipeline, which runs under the Baltic Sea and carries gas from Russia to Germany.Germany's foreign ministry said it continued to coordinate closely with the U…

Snam Buys Stake in Algerian Gas Pipelines from Eni

Nov 29, 2021

Italy's Snam has agreed to buy a stake in pipelines carrying Algerian gas into Italy in a move that could pave the way for hydrogen imports from Africa into Europe.Europe's biggest gas infrastructure group said on Saturday it would pay energy company Eni 385 million euros ($436 million) for a 49…

UK North Sea: CNOOC Brings Online Buzzard Phase II

Nov 29, 2021

Chinese oil and gas company CNOOC has started production from the Buzzard Phase II development in the UK North Sea.Buzzard Phase II sits around 100 kilometers northeast of Aberdeen, Scotland, with an average water depth of approximately 96 meters…

Noreco CEO Resigns

Nov 29, 2021

David B. Cook, the Chief Executive Officer of the oil and gas company Noreco, has resigned from his position and from the company board of directors.Noreco, which is working with TotalEnergies to redevelop the Tyra offshore gas field in Denmark…

Lottery System to Decide Who Wins Rights to Giant Danish Offshore Wind Farm

Nov 26, 2021

Denmark will hold a lottery on Dec. 1 to pick the winner of a contest to build the 1 gigawatt Thor offshore wind farm, which will be the country's largest, after several bids were made at a minimum subsidy price close to zero, it said on Thursday…

NEO Energy to Buy JX Nippon's UK Oil and Gas Business

Nov 26, 2021

NEO Energy has struck a deal to buy JX Nippon Exploration and Production (U.K.) Limited from its Japan-based parent company JX Nippon Oil & Gas Exploration Corporation, part of Eneos Group.JX UK holds non-operated interests in several producing…

Norwegian Oil Minister Attends Opening of Neptune's Gjøa P1 and Duva Fields

Nov 26, 2021

Oil and gas company Neptune Energy hosted Norway’s recently appointed Minister of Petroleum and Energy, Marte Mjøs Persen, and senior industry figures at the official opening of the Neptune-operated Gjøa P1 and Duva fields in the Norwegian North Sea…

Bladt Industries' Transition Pieces for Vattenfall's Danish Offshore Wind Farms

Nov 26, 2021

Danish offshore energy industry services firm Bladt Industries has won a deal with wind farm developer Vattenfall to deliver Transition Pieces (TP) for the two Danish offshore wind farms, Vesterhav Syd and Vesterhav Nord.The contract is for…

Equinor, Partners to Invest $1.1 B in Further Development of Oseberg Field

Nov 26, 2021

Norwegian oil and gas company Equinor has with its partners, submitted an amended plan for development and operation (PDO)  to the minister of petroleum and energy Marte Mjøs Persen for the further development of the Oseberg field, with an increased focus on gas production…

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