Offshore Europe News - page 405

 

Video: Recent Developments Driving Offshore Wind Markets

Nov 10, 2020

World Energy Reports' Phillip Lewis discusses recent developments driving global offshore wind markets, including booming activity in the U.S., plans for new, larger installation vessels and advances in floating turbine technology.

Aker BP Extends Term for Stril Mariner ERRV

Nov 10, 2020

Norway's Simon Møkster Shipping has won a new contract for its Stril Mariner offshore vessel.The contract, starting this month, is with the Norwegian oil company Aker BP. The vessel is expected to stay with Aker BP for three months.Stril Mariner…

Norway Looking to Divest Stakes in Four Aker Firms

Nov 10, 2020

The Norwegian government is seeking approval from parliament to divest the state's stakes in Aker Solutions, Akastor, Aker Offshore Wind and Aker Carbon Capture, the industry ministry said on Tuesday.'We are in no hurry to sell the government's…

BP, Ørsted Enter Green Hydrogen Pact in Germany

Nov 10, 2020

British oil major BP and Danish wind developer Ørsted have signed an agreement to work together to develop a ‎project for industrial-scale production of green hydrogen in Germany.Green hydrogen is made by the electrolysis of water using ‎renewable power…

Vår Energi Charters Olympic, Tidewater PSVs

Nov 09, 2020

Norwegian oil and gas firm Vår Energi has chartered two offshore support vessels, which the company says will help it reduce environmental footprint.One is the Olympic Energy platform supply vessel, owned by Olympic Shipping, the other is Tidewater's 2012-built Troms Sirius platform supply vessel…

All Conditions Met for Aker Solutions, Kvaerner Merger

Nov 09, 2020

Two Norwegian offshore energy services firms Aker Solutions and Kvaerner said Monday that all conditions had been met for their proposed merger to proceed.The two companies announced the proposed merger in June. Under the terms, Aker Solutions will absorb all the assets…

Atlantis' Tidal Turbine Project Moves to Manufacturing Phase

Nov 09, 2020

Tidal energy developer Atlantis, with its partner Asturfeito SAU, has said that the two companies' variable pitch system for tidal turbine generators project (VPSTTG), aimed at reducing has been given the green light to proceed to the manufacturing stage…

Qatar Gas Extends Jack-Up Rig Charter with Noble Corp.

Nov 06, 2020

Offshore drilling contractor Noble Corporation has secured a contract extension for the Noble Mick O'Brien jack-up rig in Qatar.The Noble Mick O'Brien jack-up had had a contract with Qatar Gas running until mid-November 2020.Qatar Gas has now extended the contract…

EU Eyes Huge Hike in Offshore Wind Capacity to Meet Climate Goals

Nov 06, 2020

The European Union is considering a plan to increase its offshore wind energy capacity five-fold this decade and 25-fold by 2050, as it seeks to become climate neutral by mid-century, according to a draft policy.The 27-nation EU, which is already home to 42% of the world's offshore wind capacity…

Vattenfall to Step Up Offshore Wind Partnerships, New CEO Says

Nov 06, 2020

Vattenfall's new CEO, Anna Borg, will increasingly partner with other companies rather than go it alone to grow its portfolio of European offshore wind projects, she told Reuters.Formerly the CFO at the company, Borg took over from Magnus Hall on Nov…

UK: Offshore Oil & Gas Body Launches Diversity and Inclusion Survey

Nov 06, 2020

OGUK, the representative organization for the UK offshore oil and gas industry, has started 'a first-of-its-kind' survey that will deliver a baseline for diversity and inclusion (D&I) demographic and sentiment within the sector. OGUK said the…

Denmark: Total Delays Tyra Field Start-Up Due To Pandemic, Partner Noreco Says

Nov 06, 2020

The start-up of the Total-operated Tyra Redevelopment Project in the Danish Sector of the North Sea is now expected in the second quarter of 2023, and not in 2022, Noreco, a partner in the project, said Friday.'Due to COVID-19, local governmental…

Azerbaijan Pressing Ahead with Gas Pipeline Extension, Despite War

Nov 06, 2020

Azerbaijan will press ahead with plans to feed natural gas into an extended pipeline network to southern Europe, a senior official said, even as conflict rages for a sixth week in the enclave of Nagorno-Karabakh.Elshad Nassirov, vice-president of Azeri national energy company SOCAR…

Iberdrola's $88B Green Spending Spree Eclipses European Big Oil's Plans

Nov 05, 2020

Spanish wind energy group Iberdrola's plans to spend around $88 billion on renewable power by 2025 eclipse Europe's top oil companies' combined planned investments in low-carbon over the same period.Royal Dutch Shell, BP, Total, Norway's Equinor…

Liebherr: Key Milestone Reached with Alfa Lift Crane Construction

Nov 05, 2020

Crane specialist Liebherr has informed that a key milestone has been achieved with the construction of the Liebherr Heavy Lift Crane 150000-3000 for OHT's Alfa Lift offshore wind turbine foundation installation vessel.Liebherr said Thursday…

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