Business & Finance
Wintershall Dea preparing to drill North Sea well
Wintershall Dea Norge has received a drilling permit from Norway’s authorities for a wildcat well located in the North Sea.
DeepOcean extends charter of hybrid-powered Østensjø Rederi vessel
DeepOcean has signed a contract extension with Østensjø Rederi for the hybrid-powered construction vessel Edda Freya. Designed by Salt Ship Design and built by Kleven Verft in Ulsteinvik, Norway, Edda Freya is suited for cable laying operations, offshore construction, as well as advanced maintenance
Port of Kiel turns to Siemens for additional shore power plants
Port operating company Seehafen Kiel has contracted technology company Siemens AG for the construction of two additional shore power plants at Port of Kiel’s Ostuferhafen.
New deal doubles UK inspection specialist’s North Sea workload
Inspection Verification Bureau (IVB) has secured a verification deal with Wintershall Noordzee, doubling its work in the Southern North Sea.
UK imposes windfall tax on oil & gas producers
UK will introduce a windfall tax on oil and gas operators as the government is working to alleviate the cost-of-living crisis in the country.
Safety regulator launches probe into gas leak on North Sea platform
Norwegian safety regulator has opened an investigation into a gas leak incident on one of Equinor’s platforms in the North Sea off Norway.
Norway’s Equinor closes Russian chapter following handover to Rosneft
Equinor has checked all the required items on the list to exit its joint ventures in Russia as a result of the country’s attack on Ukraine.
Geophysical survey about to begin at Moray West offshore wind project
Titan Surveys’ Titan Discovery is set to soon kick off nearshore geophysical site investigations at the Moray West offshore wind project in Scotland. The survey will be carried out along the project’s export cable corridor at the site located on the Smith Bank in the Outer Moray Firth, off the Caith
Germany pondering ‘negative bidding’ in offshore wind, WindEurope warns about consequences
Germany is looking to introduce the so-called “negative bidding” for some of its new offshore wind auctions, according to WindEurope, which warned about the effects this approach could have on consumers and the supply chain. Inspired by Denmark, whose Thor offshore wind auction used negative bidding
Energy transition acceleration did not derail oil & gas exploration in 2021, Westwood says
Westwood Global Energy reveals that oil & gas exploration remained resilient in 2021 undeterred by the accelerating energy transition.
Orbital Marine Power launches €4.7 million crowdfunding campaign
Scottish tidal energy company Orbital Marine Power has launched a £4 million (€4.7 million) crowdfunding campaign on Abundance Investment platform to take its business to the next stage.
European offshore wind operator hires TSC Subsea
NDT inspections specialist TSC Subsea has won a contract with an offshore wind operator in Europe to deliver a subsea diverless weld inspection campaign. TSC Subsea stated that the contract has been signed with a “leading” European offshore wind operator for work off the coast of Germany. The underw
Heerema CEO heading out after almost 10 years with company
CEO of Heerema Fabrication Group and Heerema Marine Contractors has announced his departure from the role at the end of this month.
UK regulator’s report signals bright outlook for supply chain with $6.3 bln of work in the pipeline
The UK regulator has revealed a report, which highlights a positive outlook for the supply chain with around $6.3 bln of work in the works.