Offshore Europe News - page 6


NSTA Awards 31 More Licenses in Latest North Sea Oil and Gas Round

May 03, 2024

The North Sea Transition Authority (NSTA) has offered further 31 exploration licenses in the latest phase of the U.K.'s 33rd oil and gas licensing round.A total of 82 offers to 50 companies have now been made in the round which attracted 115 bids from 76 companies across 257 blocks and part-blocks…

Höegh LNG Strikes Deal to Deploy FSRU Hoegh Galleon in Egypt

May 03, 2024

Norway-based Höegh LNG has made an agreement with Australian Industrial Energy (AIE) and Egyptian Natural Gas Holding Company (EGAS) for the deployment of the floating storage and regasification unit (FSRU) Hoegh Galleon. The aim of the deployment is to support energy security in Egypt…

BW Offshore Concludes Sale of FPSO Polvo

May 03, 2024

Oslo-listed FPSO leasing company BW Offshore has completed the sale of its laid-up FPSO Polvo to BW Energy.The agreed price was $50 million, for which BW Energy $30 million upon the vessel transfer date, with the remaining $20 million provided as a seller’s credit by BW Offshore…

Van Oord’s Heavy-Lift Installation Vessel Gets Major Upgrade

May 03, 2024

Van Oord’s Svanen vessel has received a major upgrade which increased its total height to 125 meters, making it one of the largest heavy-lift vessels in the world suitable for handling the next generation of monopile foundations for offshore wind…

Apollo Secures $12.5M Contract for INEOS’ Hejre Project

May 03, 2024

Engineering and energy consultancy Apollo has been awarded the project management consultancy (PMC) contract for INEOS E&P's Hejre project in the North Sea.The 4-year Hejre project entails the development of a greenfield platform, subsea infrastructure…

Hitachi, Chantiers de l'Atlantique Sign $4.8B Deal for French Offshore Substations

May 03, 2024

France's energy grid operator RTE has signed a $4.8 billion contract with Hitachi Energy and Chantiers de l'Atlantique for the construction of several offshore power platforms and converter stations for two offshore wind farms to be built in France…

Cyprus Seeks Improvements to Chevron-led Plans for Offshore Gas Field

May 02, 2024

Cyprus said on Thursday it wanted to see improvements to Chevron-led plans to extract gas from an offshore field, giving the consortium led by the U.S. major six months to meet its requirements.There have been protracted talks on the future…

France Launches Call for 2.5 GW of Offshore Wind Tenders

May 02, 2024

France launched a tender for four offshore wind projects totalling 2.5 gigawatts (GW) on Thursday and announced plans for another 10 GW later this year, as it seeks to catch up with other more advanced wind power producers.The first round of…

Subsea7 and Equinor Strengthen Collaboration, Agreeing Work on Two Fields

May 02, 2024

Subsea7 has signed a new long-term strategic collaboration agreement between Equinor and Subsea Integration Alliance, which comprises Subsea7 and OneSubsea, securing exclusive collaboration on the Wisting field offshore Norway, and Bay du Nord…

Balmoral Comtec Gets Hornsea 3 Cable Protection Job

May 02, 2024

UK-based offshore energy supply chain company Balmoral Comtec has secured a multi-million-dollar contract from for Ørsted for the supply of cable protection systems (CPS) for its Hornsea 3 offshore wind project.The scope of work includes design…

Valaris' Drilling Rig Contracts Backlog Grows to $4 Billion

May 02, 2024

Offshore drilling company Valaris has secured new contracts and extensions for its drilling rigs, increasing its contract backlog to approximately $4 billion.Since its latest fleet status report, issued on February 15, 2024, Valaris has secured…

Macquarie Asset Management to Sell Stake in UK Offshore Wind Farm

May 01, 2024

Macquarie Asset Management, part of Macquarie Group, has agreed to sell a 10% stake in Britain's East Anglia ONE offshore wind farm to renewable energy asset manager NTR.East Anglia ONE is a 714 megawatt wind farm, located in the North Sea, 43 km (27 miles) off the Suffolk coast…

OKEA Submits $570 Million Bestla Oil and Gas Plan

Apr 30, 2024

Norwegian oil and gas firm OKEA has submitted a 6.3 billion Norwegian crowns ($571 million) plan to develop its Bestla oil and gas discovery in the North Sea, the country's energy ministry said on Tuesday.The discovery, formerly called Brasse…

Windward Offshore to Equip CSOV Newbuild Duo with Seaonics’ Cranes

Apr 30, 2024

German shipowner Windward Offshore has ordered 3D Electric Controlled Motion Compensated (ECMC) cranes from Seaonics for two Commissioning Service Operation Vessels (CSOVs) being built by Norwegian shipbuilder VARD.The order marks Seaonics' first equipment delivery to Windward Offshore…

Archer Nets $40M Platform Drilling Services Extension in UK

Apr 30, 2024

Oilfield services firm Archer has secured a two-year contract extension for platform drilling services in the UK with an estimated contract value of $40 million.The extension will start on May 1, 2024 in direct continuation of the current contract…

Current News

RWE Deploys Artificial Reefs at Offshore Wind Farm in the Baltic Sea

RWE Deploys Artificial Reefs a

New Product: Survitec Gauntlet

New Product: Survitec Gauntlet

ARO Drilling Welcomes New Jack-Up Rig Named ‘Kingdom 2’

ARO Drilling Welcomes New Jack

Hereema Installs Jacket for Hollandse Kust (west Beta) Offshore Substation

Hereema Installs Jacket for Ho

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