10000 results found for 'North Sea'

10000 results found for 'North Sea'
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  • KNOT Holds Naming Ceremony for Its New Shuttle Tankers

    18 July 2013
    Business & Finance

    Knutsen NYK Offshore Tankers AS (KNOT) yesterday held a naming ceremony for two new state-of-the-art winterized shuttle tankers that are being built at Hyundai Heavy Industries. The ceremony was attended by KNOT president Trygve Seglem, NYK senior managing corporate officer Hitoshi Nagasawa, and NYK corporate officer Svein Steimler, among others. The two 123,000 DWT Suezmax shuttle […]

  • Heesen Reaches Milestone on YN 17255

    10 April 2014
    Business & Finance

    The hull and superstructure of the 55m steel fast displacement motor yacht have been joined together at Heesen Yachts Oss facility. YN 17255 was sold in February 2013 thanks to a beneficial collaboration with a commercial family office “Bilderlings Wealth” which represents the client and manages the project. YN 17255, whose revolutionary fast displacement hull form […]

  • Statoil Starts Johan Sverdrup Appraisal Drilling

    21 November 2012

    Statoil Petroleum AS (Statoil) has kicked off the drilling of appraisal well 16/2-15 in PL265, located in the North Sea sector of the Norwegian Continental Shelf (NCS). The well is located in the southern part of PL265. The main objective of well 16/2-15 is to determine the depth to the reservoir as well as reservoir […]

  • GDF Suez Wins Four Exploration Licences Off Norway

    17 January 2013

    The Norwegian Ministry of Petroleum and Energy awarded shares in four exploration licences to GDF SUEZ, within the “Awards in Predefined Areas (APA) round”  2012. In total, 40 companies were awarded 51 new licences. Within the four licences attributed to GDF SUEZ, two are located in the North Sea and two in the Norwegian Sea. […]

  • INEOS, Royal Wagenborg sign landmark CO2 carrier agreement to step up CCS game in the EU

    12 November 2024
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Vessels

    Dutch shipowner and operator Royal Wagenborg and INEOS Energy, a London-based E&P business, have signed an agreement on the delivery of a new CO2 carrier.

  • UK: Valiant Petroleum Announces Operational Update and Forward Work Programme

    1 December 2010
    Business & Finance, Project & Tenders

    Valiant Petroleum plc (“Valiant” or the “Company”)  provides the following update with regard to its operations during the second half of 2010 and forward work programme for 2011 and beyond. Highlights · 2010 Production at upper end of guidance, 2011 anticipated at 6,500-7,500 barrels of oil per day (“bopd”) · Dons momentum continued – Phase […]

  • HVC Takes a Stake in Largest Sustainable Energy Project in the Netherlands

    17 January 2011

    HVC, the Alkmaar-based energy provider to municipalities and water districts, is acquiring a 15% interest in the 600 MW BARD-Nederland wind farm in the North Sea located 55 kilometres to the northeast of Schiermonnikoog. The deal was announced today by HVC General Manager Wim van Lieshout and Typhoon Offshore board member Dirk Berkhout, who has […]

  • KNOP Bags Dan Sabia

    16 June 2015
    Business & Finance

    The NYSE-listed shipowning partnership KNOT Offshore Partners (KNOP) has completed the previously announced acquisition of all the ownership interests in KNOT Shuttle Tankers 21 AS, the company that owns and operates the 2012-built, 59,000 dwt double-hull DP2 shuttle tanker Dan Sabia. The purchase price was USD 103 million, net of USD 64.5 million of outstanding indebtedness related to the […]

  • TenneT Reports Solid Financial Results

    1 August 2014
    Business & Finance, Operations & Maintenance

    High-voltage transmission grid operator TenneT continued to provide very high system reliability (99.9999%), benefiting 36 million end-users in the Netherlands and Germany. Financial results in the first half of 2014 were solid. Increases in revenue and EBIT kept pace with the company’s ongoing investments in grid reinforcements and expansions. Importantly, the Dutch Minister of Economic […]

  • Five years of emission cuts bring UK’s 2030 oil & gas decarbonization targets within reach, but more needed for cleaner energy

    13 September 2024
    Authorities & Government, Business Developments & Projects, Outlook & Strategy, Regulation & Policy, Transition

    Based on the latest report on emissions in the oil and gas industry by the UK’s regulator, the North Sea Transition Authority (NSTA), progress has been made on the decarbonization journey, however, additional effort is still required to ensure the industry will meet key emissions targets and adopt long-term reduction methods for the net-zero future. […]

  • Statoil Discovers Oil in Geitungen Prospect (Norway)

    27 August 2012
    Business & Finance, Operations & Maintenance

    Statoil has made an oil discovery in the Geitungen prospect on Utsira High in the North Sea together with partners Petoro, Det norske oljeselskap and Lundin. Exploration well 16/2-12 drilled by the drilling rig Ocean Vanguard has proven a 35 metre oil column in a high quality reservoir dating from the Jurassic period. Statoil estimates […]

  • UK oil & gas operator eyeing SeaTwirl floating wind tech to decarbonise offshore production

    12 August 2024
    Business Developments & Projects, Transition

    Swedish floating wind turbine developer SeaTwirl has signed a memorandum of understanding (MoU) with UK-based oil and gas operator Serica Energy, under which the two companies will explore decarbonizing Serica Energy’s offshore assets. With the MoU, the two companies plan to work together on identifying and assessing potential opportunities to decarbonize offshore oil and gas […]

  • Fraser Well Management Begins Curlew Well Drilling Preparations

    1 August 2019

    Fraser Well Management (FWM), a well engineering and project management specialist, has started preparations to drill Corallian Energy’s Curlew-A appraisal well in the UK Central North Sea. Offshore operations are starting with a site survey which will be undertaken by Gardline using the Ocean Endeavour vessel. The Curlew-A discovery is located in the UK Central […]

  • Wood Group Announces Pay Cuts

    17 December 2014
    Business & Finance, Operations & Maintenance

    In response to cost and efficiency challenges affecting the UK North Sea oil & gas sector, Wood Group PSN (WGPSN) has today announced plans to reduce the rates paid to its UK-based limited company offshore and onshore contract workers. In addition, salaries will be frozen for the majority of UK-based Wood Group onshore employees. An […]

  • Heerema to Build Wellhead Platform Jacket for Culzean Project

    15 October 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    After a competitive tendering process, Maersk Oil North Sea UK Limited (Maersk Oil UK), operator of the Culzean development in the North Sea, has awarded a contract for the engineering, procurement and construction (EPC) of the project’s well head platform (WHP) jacket to Heerema Hartlepool Limited (Heerema). Heerema will build the WHP jacket and piles, […]

  • KN takes over commercial management of four German LNG terminals

    8 January 2024
    Business Developments & Projects

    Lithuanian energy terminal operator Klaipedos Nafta (KN) has secured the public tender for the commercial management of four German liquefied natural gas (LNG) terminals on the North Sea coast. Specifically, the company has signed a contract with German state-owned Deutsche Energy Terminal (DET), which, on behalf of the German Federal Ministry for Economics Affairs and […]

  • DMEC welcomes Danish delegation at Marine Energy Hub

    20 June 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration

    His Royal Highness Crown Prince Frederik of Denmark, the Danish Minister of Climate, Energy and Utilities Dan Jørgense and the Danish Ambassador to the Netherlands Jarl Kåre Frijs-Madsen have paid a visit to Dutch Marine Energy Centre’s (DMEC) Marine Energy Hub in The Hague.

  • Aarsleff Signs Contract for Installation of Monopiles on Offshore Wind Farm DanTysk (Germany)

    14 April 2011
    Business & Finance, Equipment, Operations & Maintenance

    Aarsleff and German Bilfinger Berger GmbH entered into a contract for the execution of the offshore wind farm DanTysk. The offshore wind farm will be built in the North Sea, approx. 70 kilometres west of the island Sylt and close to the maritime border between Denmark and Germany. The total capacity of the offshore wind […]

  • Norway: Aker Solutions to Deliver Subsea Trees for Statoil’s Troll

    16 February 2012
    Business & Finance, Equipment, Project & Tenders

    Aker Solutions has been awarded a contract by Statoil to deliver six subsea trees and a tool package for Troll on the Norwegian continental shelf. Estimated contract value is NOK 350 million. Scope of work includes six subsea trees, with a possible option for nine further subsea trees, including control systems. The Troll field is […]

  • Stork, Subsea 7 Sign Inspection Services Agreement (The Netherlands)

    29 November 2012
    Business & Finance, Operations & Maintenance

    Stork Technical Services, the leading global provider of knowledge-based asset integrity services for the oil and gas, chemical and power sectors, today announces it has secured a global frame agreement with Subsea 7 to deliver a range of inspection and expediting services. The agreement, over the next three years, will see Stork’s Quality Services division […]

  • Circle Oil: New CEO steps in

    29 May 2015
    Business & Finance

    Circle Oil Plc, the international oil and gas exploration, development and production company, has announced the appointment of Mitchell Robert Flegg as Chief Executive Officer (CEO) and a director of the company with effect from June 1, 2015. Circle Oil previous Director and CEO, Professor Chris Green, resigned in March 2015. According to the company, Flegg […]

  • Antrim Inks HOA for Fyne Field FPSO (UK)

    13 November 2012
    Business & Finance

    Antrim today announced a Heads of Terms agreement has been signed with Hummingbird Production Limited, a subsidiary of Teekay Corporation, for an option to lease the “Hummingbird Spirit” Floating Production, Storage and Offloading vessel (“FPSO”) for the development of the Fyne Field in UKCS Central North Sea Block 21/28a (Antrim working interest 100%). Based on […]

  • Coretrax Moves to New Headquarters (UK)

    11 December 2012
    Business & Finance, Equipment

    Aberdeen-based oilfield services firm, Coretrax, has moved to a new purpose built HQ with an investment of £2.4million into the office and workshop space. Formed in 2008, the company had outgrown its previous offices in Altens, Aberdeen. The firm moved last month to accommodate its range of wellbore cleanup and abandonment tools and its growing […]

  • Drilling Cost in Norway Higher Than in UK

    17 August 2012

    An expert group established by the Norwegian Ministry of Petroleum has in its report revealed that drilling costs in Norway are much higher than in other North Sea nations. “The report from the rig commission lays the basis for taking the measures need to increase the future availability of mobile units on Norway’s continental shelf,” […]

  • Gina Krog FSO gets clean bill of health

    25 May 2017

    Along with Statoil receiving consent to start production from the Gina Krog field in the North Sea, the Petroleum Safety Authority (PSA) issued a “clean bill of health” for the Gina Krog FSO. The Norwegian safety body carried out an audit of the design and fabrication of the Gina Krog floating storage and offloading vessel and found […]