Offshore Europe News - page 500

 

Total Moves into Offshore Wind

Feb 18, 2019

French energy major Total is partnering with Denmark's Orsted and renewable energy producer Elicio to submit a joint bid for the 600 megawatt capacity Dunkirk offshore wind project in France, the company said on Monday.The bid is the oil and…

Kleven Delivers Maersk Anchor Handler

Feb 15, 2019

Maersk Maker, the sixth and last of a series of six anchor handlers for Maersk Supply Service A/S, was delivered from Norwegian shipyard Kleven on Thursday.Built for operation in deepsea depths, the M-series vessel Maersk Maker had a naming ceremony at Kleven yard…

Video: Total's Culzean Project Nearly Complete

Feb 14, 2019

Super major Total said its Culzean Field development in the central North Sea is nearly complete, heading toward expected first production from the largest UK gas field to be sanctioned for quarter of a century in summer 2019.Culzean is a high-pressure…

Aker CEO Sees M&A Opportunities

Feb 14, 2019

Norwegian oil industry-focused investment firm Aker still sees mergers and acquisitions opportunities for its oil service firms, including Aker Solutions, its chief executive said on Thursday.Oeyvind Eriksen also told Reuters its independent oil firm Aker BP…

Norway's Snow Crab Ruling Boosts Oil Claim

Feb 14, 2019

A court delivered a painful nip to European Union fishermen on Thursday by tightening Norway's grip on snow crab catches in the Arctic, a ruling that may also let Oslo claw more control of oil and gas from other nations.Fishermen from the European…

Aker Energy Eyes IPO

Feb 14, 2019

Norwegian oil company Aker said on Thursday that its exploration start-up in Ghana will submit development plans to Ghanaian authorities in March and the parent will then decide whether to sell stakes via an initial public offering or other means…

Europe Offshore Wind Capacity Up 18% in 2018

Feb 12, 2019

Europe installed a total of 2.6 gigawatts (GW) of new offshore wind capacity in 2018, an 18% increase which takes the region to a total capacity of 18.5 GW.According to new figures published this week by the region’s wind energy trade body, WindEurope…

Kvaerner to Pay First Dividend Since 2015

Feb 12, 2019

Oil platform builder Kvaerner on Tuesday unexpectedly proposed its first dividend since 2015 and said it may make another such payment later this year, sending its shares soaring.The company said it expected to compete for contracts worth 30-50 billion Norwegian crowns ($3…

Equinor Drills Dry Well in the Barents Sea

Feb 12, 2019

Norwegian energy company Equinor has come up dry in the drilling of its first wildcat well in production licence 857 in the southeastern part of the Barents Sea.Equinor, as operator of production licence area Gjøkåsen, drilled 7132/2-1 targeting…

Safe Scandinavia Extended at Ula

Feb 12, 2019

Aker BP ASA has exercised the first of eight one-month options to extend the charter of the tender support vessel (TSV) Safe Scandinavia, owner and operator Prosafe announced last week. The total value of the option is $4.5 million.In mid-August 2018…

Kvaerner to Study Floating Wind Structures

Feb 11, 2019

Norway based Kvaerner said it has signed a contract with Norwegian energy company Equinor to study how floating concrete substructures for offshore wind turbines can be designed and constructed for the planned Hywind Tampen project in the North Sea…

EU Takes Aim at Offshore Pipelines

Feb 11, 2019

Nord Stream 2 — the Gazprom company building a pipeline from Russia to Germany — said Monday it was too early to tell what effects, if any, proposed new EU rules for offshore pipelines might have on their project or those of others aiming to bring gas to Europe…

European Offshore Wind Capacity up 18%

Feb 07, 2019

Europe installed 2.6 GW of new offshore wind energy capacity in 2018, according to statistics released by the European Wind Energy Association, WindEurope. That translates to a 18% increase in Europe’s offshore wind capacity.According to WindEurope…

DNO Trawling for North Sea Assets

Feb 07, 2019

Oil firm DNO is looking to buy more assets after its recent takeover of London-listed Faroe Petroleum to further expand its North Sea presence.Oslo-listed DNO, which produces most of its oil in the Kurdistan region of Iraq, clinched a hostile takeover bid for London-based Faroe Petroleum…

Hungary Calls on US to Spur Domino-1

Feb 07, 2019

The United States could help Hungary diversify away from Russian energy by encouraging ExxonMobil to proceed with long-stalled plans to develop the Domino-1 gas field in the Black Sea, Hungary's foreign minister said.Foreign Minister Peter Szijjarto…

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