Offshore Europe News - page 386

 

Danish Gov't Calls for Talks on Future of its Offshore Oil and Gas

Oct 08, 2020

Denmark's government urged political parties to discuss the future of oil and gas extraction in the North Sea after Total withdrew from the latest licensing round, the Ministry of Climate, Energy, and Utilities said on Thursday.'Total, which is the North Sea's largest operator…

Strike Could Shut a Quarter of Oil and Gas Output in Norway Next Week

Oct 08, 2020

A strike by oil workers in Norway could cut output from western Europe's biggest oil producer by almost a quarter, operators have warned, though the striking union said a resolution remained possible.Widening strike action raised the prospect…

Norway: Neptune Energy Increases Stake in Large Offshore Discovery

Oct 08, 2020

Oil and gas company Neptune Energy is increasing its stake in an offshore license in Norway which contains the Dugong oil discovery, dubbed Norway's largest oil find so far this year. The company hopes to submit the field development plan in 2022…

FWM to Manage Bridge Petroleum's Galapagos Well in North Sea

Oct 08, 2020

UK-based oil firm Bridge Petroleum has appointed well-engineering company Fraser Well Management (FWM) to operate the suspended appraisal well in the Galapagos field in the Northern North Sea.The Galapagos field is the former un-depleted North West Hutton Field which…

MHI Vestas Moves into Triton Knoll Wind Farm Pre-assembly Hub

Oct 07, 2020

Offshore wind turbine maker MHI Vestas Offshore Wind has said it has moved into Able Seaton Port (ASP) as preparatory works begin for turbine installation of the Triton Knoll Offshore Wind Farm in the UK.'MHI Vestas has moved in to Able Seaton…

In a First, ROVOP Inspects Offshore Installation via Video Link

Oct 07, 2020

UK-based ROV services provider ROVOP has said it has delivered its first remote platform-based inspection, repair, and maintenance workscope, 'effectively reducing the number of personnel required offshore,' on Premier Oil's Balmoral floating production vessel in the UK North Sea…

Norway: Offshore Projects See Delays, Rise in Costs on Weak NOK, Virus

Oct 07, 2020

Equinor, Norway's largest oil company, said Tuesday that the Covid-19 pandemic and weakened Norwegian krone have negatively impacted some of its offshore development projects in Norway, however, the company said that its 'combined project portfolio is still very resilient…

Norway: Oil Workers to Expand Strike if Wage Deal Not Reached

Oct 07, 2020

Norway's Lederne labor union will expand its ongoing oil strike from Oct. 10 unless a wage bargain can be reached in the meantime, it said on Tuesday, confirming a statement from the country's state-appointed wage mediator.Six offshore oil and…

Premier Oil, Chrysaor Merger a "Win-Win" Analyst Says

Oct 07, 2020

As London-listed Premier Oil and UK North Sea focused Chrysaor announced their proposed all-stock merger this week, creating one of the largest UK North Sea oil and gas producers, Global Data analysts think the deal is a 'win-win.'As reported Tuesday…

Total Buys into French Floating Wind Project

Oct 07, 2020

French energy giant Total has entered the floating wind farm business in France with the acquisition of a 20% stake in the Eolmed floating wind farm pilot project, located in the Mediterranean, off the coast of Gruissan and near Port-La-Nouvelle…

Jack-Up Barge Solutions Target Offshore Efficiency

Oct 06, 2020

Dutch offshore self-elevating platform and services provider Jack-Up Barge BV believes innovative and cost-efficient solutions are needed now more than ever across the offshore oil and gas and renewables businesses.The current market faces challenges…

EU Welcomes Turkish Drillship Departure From Waters Off Cyprus

Oct 06, 2020

A Turkish drillship has left the area where it was operating southwest of Cyprus and reached Turkey's coast for maintenance in a move the European Union said would help ease tensions in the Eastern Mediterranean.Refinitiv tracking data showed…

Premier Oil, BP North Sea Deal Falls Through

Oct 06, 2020

Premier Oil abandoned its plans to buy North Sea fields from BP for $210 million after Premier was taken over by rival Chrysaor, marking a small dent in BP's $25 billion disposals target.'Premier will not be proceeding with the proposed refinancing…

J+S Subsea Names First Managing Director, Adds Industry Veteran to Board

Oct 06, 2020

Aberdeen-based subsea control system provider J+S Subsea, launched in September, has appointed Phil Reid as its first managing director. J+S Subsea also appointed Doug Sedge, a former Weatherford executive and an ex-Sparrows CEO to its board as a non-executive director…

Norway: Six Offshore Oil Fields Shut as More Workers Join Strike

Oct 06, 2020

Six Norwegian offshore oil and gas fields were shut on Monday as more workers joined a strike over pay, companies and union officials said.The strike will cut Norway's total output capacity by just over 330,000 barrels of oil equivalent per day…

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