Offshore Europe News - page 59


Serica Energy Concludes Stake Acquisition in North Sea Field

Feb 26, 2024

UK-based oil firm Serica Energy has completed the acquisition of 30% non-operated interest in two licenses in the Greater Buchan Area from Jersey Oil & Gas.The acquisition of interests in the P2498 and P2170 licenses, which together form the Greater Buchan Area…

Boskalis Commissions BOKA Ocean Cable-Laying Vessel

Feb 23, 2024

After a major conversion, Dutch marine services firm Boskalis has commissioned the BOKA Ocean vessel.The vessel was acquired in 2023 as a pipe-laying vessel and was subsequently converted into a broadly deployable cable-laying vessel.After BOKA Ocean completed its sea trials in the North Sea…

Shell's LNG Trading Makes $2.4B in Final 2023 Quarter

Feb 23, 2024

Nearly a third of Shell's profit in the fourth quarter of 2023 came from the $2.4 billion it made in trading liquefied natural gas (LNG) as it captured strong demand ahead of winter, three sources close to the company told Reuters.Shell did…

AGR Extends Well Control Services Contract with Equinor

Feb 23, 2024

AGR, an ABL Group company, has signed a contract extension with Equinor for the provision of blowout and well control studies on the Norwegian continental shelf (NCS).Within the framework of the new two-year agreement, AGR will offer services such as blowout contingency planning…

Eolink's 5MW Floating Wind Turbine Starts Taking Shape in Brest

Feb 22, 2024

The first components of the floating wind turbine, developed by renewable energy company Eolink as part of the France-Atlantique Project, arrived at the port of Brest.The project will deliver the largest operational floating wind turbine on the French Atlantic coast to meet the energy needs for 6…

Enhanced Drilling Wins Equinor Contract for Norwegian Ops

Feb 22, 2024

Enhanced Drilling has secured a five-year frame agreement with Equinor to provide its subsea technologies to be used for operations on the Norwegian Continental Shelf.The frame agreement is the first in its kind for Enhanced Drilling, and covers all technologies in its product portfolio…

DOF Secures $13M Offshore Wind Export Cable Repair Job

Feb 22, 2024

Norwegian offshore vessel operator DOF Group has been awarded a contract by an international energy operator to repair an export cable for an offshore wind farm in Southern North Sea.The project includes the retrieval of the damaged cable and termination…

EnergyPathways Gets Subsea Support for Low-Emission Gas Field in Irish Sea

Feb 22, 2024

Mermaid Subsea Services has signed a Memorandum of Understanding (MoU) with EnergyPathways and MCS Group, through its UK subsidiary MCS Subsea Solutions, to advance the development of the Marram field.Under the terms of the MoU signed on February 9…

Oil Producer APA Misses Quarterly Profit Estimates on North Sea Downtime

Feb 21, 2024

U.S. shale oil producer APA Corp missed Wall Street estimates for fourth-quarter profit on Wednesday, hit by weaker North Sea production.Its North Sea production was hit by a temporary shutdown during the reported quarter at its Beryl Bravo offshore platform…

Equinor Granted Permission to Drill Wildcat Well in Barents Sea

Feb 21, 2024

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Barents Sea, to be conducted with Transocean Enabler semi-submersible drilling rig.The permit is for the 7220/2-2 exploration well in production license 1080…

KCA Deutag Secures Contract Extension with Vår Energi on North Sea Platform

Feb 21, 2024

Oil and gas drilling services company KCA Deutag has secured a two-year contract extension for the provision of offshore drilling and maintenance services on the Ringhorne platform in the Norwegian North Sea from operator Vår Energi.The award…

Sulmara Set to Refit Ocean Marlin Vessel Under New Multi-Year Charter Deal

Feb 21, 2024

Glasgow-headquartered subsea specialist Sulmara has signed a three-year deal with Atlantic Offshore to charter the DP II multi-purpose support vessel Ocean Marlin, that will undergo substantial refitting to accommodate the needs of renewable energy sector…

BlueNord Confirms Tyra Gas Field March Restart

Feb 20, 2024

Denmark's Tyra natural gas field remains on track to restart production by the end of March, BlueNord, a partner in the TotalEnergies-operated development, said on Tuesday.Denmark's largest gas field, which was temporarily shut for redevelopment in 2019…

EU Partners Join Forces to Bring Offshore Solar to GW-Scale

Feb 20, 2024

An EU joint industry project, bringing together 16 partners, has been launched with the aim of scaling up the standard format of offshore solar to 150 MW and enable the development of GW-scale renewable energy farms.The project, dubbed BAMBOO…

Cadeler Signs Transport and Installation Contract for Baltica 2 Offshore Wind Farm

Feb 20, 2024

Danish offshore wind installation services firm Cadeler has signed a contract with Ørsted and Polska Grupa Energetyczna (PGE) for the transport and installation of 14 MW wind turbines for Baltic 2 offshore wind project.The contract underlines Cadeler’s strong entry into the Polish market…

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