Offshore Europe News - page 5


DOF Group’s Skandi Seven FSV Up for Long-Term Assignment

Jun 25, 2024

Norwegian offshore vessel operator DOF Group has signed a letter of intent (LOI) with an undisclosed energy company for its Skandi Seven field support vessel (FSV).The LOI entails a two-year firm and one-year optional contract. The contract is defined as very large…

Ocean Installer Scoops Major Subsea Contract for Equinor’s Troll Gas Field

Jun 25, 2024

Ocean Installer has secured the engineering, procurement, construction and installation (EPCI) contract for subsea umbilicals, risers and flowlines (SURF) scope from Equinor and its partners for the second stage of the Troll Phase 3 gas development offshore Norway…

EU to Place Sanctions on 19 Energy-Related Ships Including LNG Vessels

Jun 24, 2024

The European Union will add 27 vessels, including oil and liquefied natural gas tankers, to its list of entities under sanctions as part of its latest measures against Russia, two sources familiar with the matter said on Monday.EU countries…

Green Light for Equinor to Drill Wildcat Well at Heisenberg Discovery

Jun 24, 2024

The Norwegian Offshore Directorate (NOD) has issued a permit to operator Equinor to drill another exploration well in the Heisenberg Discovery, offshore Norway.The permit has been issued for the 35/10-13 S exploration well in the production license 827 SB…

Cadeler Gets Cape Offshore Wind Farm Turbines Installation Job

Jun 24, 2024

Danish firm Cadeler has signed a contract with Inch Cape Offshore for the installation of 27 offshore wind turbines, each rated at 15 MW, at the Inch Cape Offshore Wind Farm in the North Sea.The work will be done with one of the newbuild M-class wind turbine installation vessels…

TotalEnergies, EnBW Win in $3.2 Billion Offshore Wind Site Auction

Jun 21, 2024

Oil major TotalEnergies and utility EnBW won a 2.5 gigawatt (GW) German offshore wind site auction that fetched $3.2 billion, the country's energy regulator said on Friday, marking a plunge in price from last year.The auction of two plots in the North Sea…

Installation of Hollandse Kust (west Beta) Export Cables in Full Swing

Jun 21, 2024

Boskalis’ cable-laying barge Giant 7 has started the installation of the second and final nearshore export cable for the 700 MW offshore wind farm Hollandse Kust (west Beta), being built offshore the Netherlands.The works on the second cable follow the successful installation of the first…

Norwegian Company Secures GW-Scale Offshore Wind Site in Estonia

Jun 21, 2024

Norway-based Deep Wind Offshore has been awarded rights to develop a GW-scale offshore wind site Saare 2.1 in Estonia.The Baltic countries have agreed to open areas for offshore wind production for a total capacity of 20 GW within 2030, with Estonia setting the pace…

Carlyle Creates New Med Oil and Gas Company with $945M Energean Deal

Jun 21, 2024

Carlyle will form a new Mediterranean-focused oil and gas company led by former BP CEO Tony Hayward after the private equity fund agreed to acquire Energean's assets in Egypt, Italy and Croatia for up to $945 million, the companies said on Thursday…

Vallourec Agrees Contract Extension and New Order with ADNOC

Jun 20, 2024

France-based tubular solutions supplier Vallourec has signed a two-year contract extension with Abu Dhabi National Oil Company (ADNOC), securing also a new major order for the supply of 27,000 tonnes of tubes.The two-year extension is related to the 2019 contract originally worth $900 million…

Energean Sells Egypt, Italy and Croatia Portfolio for $945M

Jun 20, 2024

Oil and gas company Energean has entered into a binding agreement for the sale of its portfolio in Egypt, Italy and Croatia to an entity controlled by Carlyle International Energy Partners for an enterprise value of up to $945 million, of which $820 million is firm…

Ørsted Installs First Turbine at Germany’s Largest Offshore Wind Farm

Jun 20, 2024

Ørsted has installed the first 11 MW offshore wind turbine at Borkum Riffgrund 3 project, set to be the largest offshore wind farm in Germany upon completion.Borkum Riffgrund 3’s first wind turbine was installed by the installation vessel Seaway Ventus from Seaway7…

Masdar Sings Multi-Billion Dollar Deal to Acquire Greece’s Terna Energy

Jun 20, 2024

Abu Dhabi Future Energy Company (Masdar) has reached a definitive agreement with GEK TERNA and other shareholders to acquire Greece’s Terna Energy in a $3.44 billion (€3.2 billion) deal, representing one of Europe’s biggest renewable energy transactions in 2024…

Norway Gives Six Companies Carbon Storage Licenses in North Sea

Jun 20, 2024

Norwegian Ministry of Energy has offered four new exploration licenses for CO2 storage on the Norwegian continental shelf to Equinor, Vår Energi, OMV (Norge), Lime Petroleum, Aker BP and PGNIG Upstream Norway.All four offered licenses are in the North Sea…

Aker BP Finds Gas at Ferdinand Nord Prospect in Barents Sea

Jun 20, 2024

Norwegian oil and gas company Aker BP has made a gas discovery in an exploration well at Ferdinand Nord prospect in the Barents Sea, drilled with Saipem’s Scarabeo 8 semi-submersible rig.The exploration well 7324/6-2 is the first well in production license 1170…

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