Offshore Europe News - page 4

 

Chevron Gets More Time to Drill Appraisal Well at Offshore Gas Field in Cyprus

Nov 18, 2022

U.S. oil major Chevron has been given more time to drill the A3 appraisal well in the Aphrodite gas field, 160 km south of Limassol, offshore Cyprus.NewMed Energy, partner in Chevron-operated Block 12 in the Mediterranean Sea, said Thursday…

Traces of Explosives Found at Nord Stream Pipelines, Sweden says

Nov 18, 2022

Investigators have found traces of explosives at the site of the damaged Nord Stream pipelines, confirming that gross sabotage had taken place, a Swedish prosecutor said on Friday. Swedish and Danish authorities are investigating four holes in the Nord Stream 1 and 2 pipelines…

Transocean to Buy Newbuild Ultra-Deepwater Drillship from DSME Ordered by Seadrill in 2013

Nov 18, 2022

Offshore drilling contractor Transocean said Thursday that it had together with Perestroika and funds managed by Lime Rock Management L.P created a joint venture, Liquila Ventures.Liquila Ventures agreed with Daewoo Shipbuilding & Marine Engineering Co…

World's Largest Offshore Wind Farm: Vattenfall Hits Halfway Mark with HKZ Turbine Installation

Nov 17, 2022

Offshore wind developer Vattenfall said Thursday it had hit the halfway mark with the installation of wind turbines at the Hollandse Kust Zuid (HKZ) wind farm offshore the Netherlands.“We're halfway towards having constructed the world’s first offshore wind farm built without subsidies…

Seadrill Starts Trading on Oslo Stock Exchange

Nov 17, 2022

Offshore drilling company Seadrill on Thursday started trading on the main list of the Oslo Stock Exchange, having uplisted from Euronext Expand. Also, back in October, Seadrill Limited also received approval to relist its common shares on the New York Stock Exchange (“NYSE”)…

Equinor Gets OK for Bauge Pipelines, Subsea Facilities

Nov 17, 2022

The Norwegian oil and gas company Equinor has received regulatory approval to use new pipelines and subsea production facilities on the Bauge field in block 6407/8 in the Norwegian Sea.The approval was granted by the Norwegian offshore safety body…

Cecon Orders Methanol, Battery-powered Cable Layer

Nov 17, 2022

Norway-based offshore energy industry services firm Cecon Contracting AS said Thursday that it had, with its partners, recently entered into an agreement for the construction of a methanol- and battery-powered cable installation vessel. The vessel…

UK Hikes Oil Firm Levy, Hits Power Companies with Windfall Tax

Nov 17, 2022

British finance minister Jeremy Hunt said on Thursday the government would increase a windfall tax on oil and gas firms and extend it to power generation firms as he seeks to raise money to plug a major hole in the public finances.Soaring oil and…

Danish Offshore Wind Installation Firm Bolsters Senior Management Team

Nov 17, 2022

Danish offshore wind installation company Cadeler has bolstered its senior management team with three appointments, who will help the company grow and prepare it for busy times ahead. The new members include Pernille Korsager who joined the company in May 2022 as the company’s General Counsel (GC)…

Reygar’s DDPR System Installed on Windcat Workboats' Crew Transfer Vessels

Nov 17, 2022

Windcat Workboats, a crew transfer vessel provider for the offshore wind industry, has installed Reygar’s Digital Daily Reporting System, Digital DPR, across its entire fleet of over 50 workboats.'The Digital DPR (DDPR) app runs from a touchscreen…

Norway's Oil & Gas Firms Raise Investment Forecasts

Nov 17, 2022

Norway's oil and gas firms have raised their investment forecasts for 2022 and 2023 as more development plans are being made, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector now expects to invest 175…

Germany Completes Construction of LNG Terminal

Nov 16, 2022

Germany on Tuesday completed construction of its first floating terminal for liquefied natural gas (LNG) at the North Sea port of Wilhelmshaven as it scrambles to secure more LNG and move away from Russian pipeline gas. 'The new LNG landing place is a big step towards a secure energy supply…

OKEA Cuts 2023 Output Guidance Due to Issues with Wintershall-operated Nova Field

Nov 16, 2022

The Norwegian oil and gas company OKEA cut its output guidance for 2023 on the back of the news that the Wintershall Dea Norge-operated Nova field offshore Norway may have limited production next year.The Nova subsea field, sits about 120 kilometers northwest of the city of Bergen…

Kent to Provide Structural Integrity Analysis for INEOS North Sea Platforms

Nov 16, 2022

Kent, an energy services company, said on Wednesday that INEOS UK SNS Ltd. had awarded it a three-year framework contract for structural integrity analysis modeling services.Kent will support the safe and sustainable structural integrity management…

BP Says It Is Paying More Tax as it Profit Increases

Nov 16, 2022

BP is paying more tax as it is making more profit, its UK head Louise Kingham told the Reuters Energy Transition Europe 2022 event on Wednesday.'It's right that (the government) should think about how they protect the most vulnerable and taxation is not for companies to determine…

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