Norwegian oil firm Equinor and its partner SSE secured contracts by the UK authorities to develop three large scale offshore wind projects in the Dogger Bank region of the North Sea. This will be the world’s biggest offshore wind farm development with a total installed capacity of 3.6 GW.
Equinor began production from the Utgard field, a cross border gas and condensate field in the North Sea with two wells; one on the UK side and one on the Norwegian side. The Utgard field will provide high value and low carbon intensity barrels.
The Norwegian competition authority has issued a Statement of objections to Floatel and Prosafe regarding the proposed merger, on September 16. However, Floatel and Prosafe released a statement, saying that they do not agree with the NCA decision.
North Sea Port collaborates with Dutch Rijkswaterstaat and the Flemish and Dutch pilotage, to trial lockage planning on Wednesday, September 18, until December 31, 2019. The aim of this collaboration is to improve the lock planning and achieve better sustainability in shipping.
Norwegian oil and gas company Equinor and its partners revealed plans for an earlier production start-up from the Johan Sverdrup, one of the largest oil fields in the Norwegian Continental Shelf. The filed is now to start production in October this year, one month ahead of schedule.
The NGO Shipbreaking Platform issued its research report ‘Recycling Outlook: Decommissioning of North Sea Floating Oil & Gas Units’ highlighting an increase in the number of the offshore units sold for scrap.
After analyzing 55 cases of Mergers and Acquisitions in the North Sea, energy consultant Wood Mackenzie found that only 18 have made a positive return. Two factors have had the biggest impact on value destruction: asset under-performance (post-deal) and oil and gas price movements.
The Norwegian Petroleum Directorate has granted its consent for start-up of the Johan Sverdrup field in the North Sea. The field is expected to produce oil for the next 40 years. Operator Equinor plans to start sometime this autumn for the first phase of the field development. Construction phase two is expected to begin in the fourth quarter of 2022.
Maersk Decom announced that together with Maersk Supply Service, will be project managing the removal, recycling and waste management of subsea infrastructure for Perenco’s Thames field in the UK North Sea. The project regards the cut and recovery of wellheads and wellhead protection structures, as well as end-to-end recycling and waste management.
Transhipment in the North Sea Canal Area of the seaports of Amsterdam, IJmuiden, Beverwijk and Zaanstad increased during the first half of 2019 to 54.1 million tonnes, showing a growth of 7%. This was the result of a rise in transhipment in the first six months of this year in the port of Amsterdam by 12.3% to 45.4 million tonnes, which is another record.
Lessons learned: Injury after fall from height22/09/2019
Lessons learned: Mooring line slips off, causes collision22/09/2019
EU launches actions to clean up marine litter worldwide21/09/2019
Lessons learned: Crew boat listing due to water ingress21/09/2019
Moody’s: Quick return of Saudi oil output to demonstrate resilience20/09/2019
UK awards contracts for world’s largest offshore wind farm20/09/2019
BIMCO's President aims to gather shipping majors to discuss the future20/09/2019
Joint development project to design LNG-fueled VLCC20/09/2019
BIMCO: FONAR should be the last option20/09/2019
Rise in oil price could increase margins of service sector20/09/2019