Offshore Europe News

 

More than 900 Norway Offshore Drilling Workers May Strike from June 29

Jun 12, 2023

Some 913 workers on Norwegian offshore oil and gas drilling rigs and other installations will go on a strike unless a wage deal is found by a June 29 deadline, the Industri Energi labour union said in a statement on Monday. Strike action by drilling workers does not normally affect the output of oil and gas in the short run but could have a greater impact in the longer term as expansion projects and the start-up of new fields could be delayed…

TurkStream Pipeline Back in Operation After Planned Maintenance

Jun 12, 2023

Russian gas producer Gazprom said that a week of maintenance work on the TurkStream pipeline had ended as scheduled on Monday, Reuters has informed. Gas flows in the pipeline, which takes Russian gas to Europe via Turkey, had been switched off on June 5…

Lhyfe and Capital Energy Team Up to Develop Offshore Green Hydrogen Projects in Spain and Portugal

Jun 12, 2023

Green hydrogen specialist Lhyfe and Spanish company Capital Energy have signed a collaboration agreement for the joint development of offshore renewable hydrogen projects in Spain and Portugal.The two companies will work to create hydrogen production…

First Well Spudded in Danish Underground Consortium's North Sea Infill Campaign

Jun 12, 2023

Drilling operations have started on the HBA-27B well offshore Denmark, with the first of two wells successfully spudded by the jack-up rig Shelf Drilling Winner (ex-Noble Sam Turner).BlueNord (ex-Noreco) and its partners December 2022 reached…

Apache Suspends UK North Sea Drilling, Cuts Jobs Citing High Taxes

Jun 12, 2023

U.S. oil producer Apache Corp on Friday said it was suspending drilling in the North Sea and reducing its British workforce because high taxes have made the operation less competitive.The unit of APA Corp did not say how many workers would be cut as a result of the move…

Russia Says Ukraine Tried to Attack Russian Ship Near Major Gas Pipelines in Black Sea

Jun 11, 2023

Russia said on Sunday that Ukraine had made unsuccessful attempt to attack a Russian naval ship with six high-speed drone boats as the Russian vessel patrolled major natural gas pipelines in the Black Sea.The 'Priazovye' ship was carrying out…

Shell Pivots Back to Oil to Win Over Investors - Sources

Jun 09, 2023

Shell will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while oil and gas profits are booming, company sources said…

Partners Developing Solution for CTV Electrification Refits

Jun 09, 2023

Shift Clean Energy (Shift), Ecomar Propulsion and Aluminium Marine Consultants have signed a memorandum of understanding (MoU) to collaborate and develop a retrofit package to electrify and transform existing crew transfer vessels (CTVs) and workboats into environmentally friendly marine vessels…

UK to Waive Oil, Gas Windfall Tax if Prices Fall Far Enough

Jun 09, 2023

Britain's windfall tax on oil and gas producers will not be applied if prices drop below certain levels for six months in a row, the finance ministry said on Friday, in a move the government hopes will boost energy security.The energy profit…

Barryroe Offshore Energy Faces Uncertain Future as Working Capital Dwindles

Jun 08, 2023

Barryroe Offshore Energy, an oil and gas company focused on developing the Barryroe offshore oil and gas field in Ireland, dubbed one of Europe's largest undeveloped offshore oil fields, might not be there to see the field brought online.The company…

Vår Energi, Halliburton in Drilling Services Partnership

Jun 08, 2023

Norwegian offshore oil and gas producer Vår Energi said Friday it had entered a long-term strategic partnership with the U.S. oilfield services company Halliburton for drilling services to improve drilling and well performance and enhance value creation…

Kremlin Blames 'Anglo-Saxons' After Report U.S. Knew of Ukrainian Nord Stream Attack Plan

Jun 08, 2023

The Kremlin, commenting on a report that the United States had known last year of a Ukrainian plan to attack the Nord Stream natural gas pipelines, said on Thursday it had already raised the possible involvement of 'Anglo-Saxons.' Unexplained…

Orsted Expects to Make FID on Hornsea 3 Offshore Wind Project in UK This Year

Jun 08, 2023

Danish renewable energy company Orsted said on Thursday it expects to take a final investment decision (FID) on its planned Hornsea 3 offshore wind project in Britain this year. Orsted warned in early March that the 2.8 gigawatt (GW) project…

Champagne Smashes as Grampian Tyne SOV is Named for Dogger Bank Wind Farm

Jun 08, 2023

UK-based offshore vessel owner North Star this week held a naming ceremony for the Grampian Tyne service operation vessel (SOV) which will be deployed at work at the Dogger Bank offshore wind farm in the UK.The vessel was named at a ceremony…

Orsted to Invest $68B in Renewable Energy by 2030

Jun 08, 2023

Renewable energy group Orsted will invest 475 billion Danish crowns ($68.3 billion) by 2030 to achieve its goal of 50 gigawatts (GW) of installed power capacity at the end of the decade, it said late on Wednesday. The Danish company said the…

Current News

MSC 107: MODU Code Revised to Improve Asbestos Safety

MSC 107: MODU Code Revised to Improve Asbestos Safety

TurkStream Pipeline Back in Operation After Planned Maintenance

TurkStream Pipeline Back in Operation After Planned Maintenance

More than 900 Norway Offshore Drilling Workers May Strike from June 29

More than 900 Norway Offshore Drilling Workers May Strike from June 29

Floating Drilling Rig Utilization Surges to Over 85%, Sparking Potential for Newbuilds

Floating Drilling Rig Utilization Surges to Over 85%, Sparking Potential for Newbuilds

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