Tuesday, November 20, 2018

Wintershall News

Nordstream 2 Important for Europe -German Energy Minister

Thomas Bareiss (Photo: www.thomas-bareiss.de/pressematerial)

The Nordstream 2 pipeline is important to secure energy supplies and Russia is a safe and reliable provider of gas for Germany, Thomas Bareiss, German state secretary for energy, said at a conference in London on Monday.The Nordstream 2 pipeline will allow Russia to bypass Ukraine in transporting gas to Europe. Gas is due to start flowing at the end of 2019.The pipeline has drawn criticism from the United States. U.S.

US warns sanctions still an option against Nord Stream 2

Pipelay of the Nord Stream 2 Pipeline has started in Finland (Photo: Allseas)

The United States could yet impose new sanctions to try to block construction of the Russian Nord Stream 2 gas pipeline across the Baltic Sea to the European Union, the U.S. ambassador to the EU said on Tuesday.Asked if Donald Trump could take further measures to thwart a project which the president has said would leave EU countries even more beholden to Moscow for their energy, Gordon Sondland said: "We have…

Sweden Approves Nordstream 2 Pipeline Application

Photo courtesy of Nordstream 2

Sweden has approved an application from Nord Stream 2 to lay two gas pipelines through its economic zone in the Baltic Sea, the government said on Thursday.

Wintershall Awards Frame Deal to DOF Subsea

Skandi Neptune. Photo: DOF Subsea AS

Norwegean-based  international subsea operating company DOF Subsea said in a press release that  it has been awarded frame agreement for marine subsea services from Wintershall."The Atlantic region has been awarded a Frame Agreement for marine subsea services from Wintershall. During the course of the Contract, Wintershall may call-of services as required within Survey, IMR and Light Construction using DOF Subsea's integrated PM&E teams and fleet of subsea vessels…

Norway Awards Oil Permits to 11 Firms in Arctic Licensing Round

The West Hercules drilling rig in the Barents Sea. (Photo: Ole Jørgen Bratland / Equinor)

Norway has awarded 12 oil and gas exploration licences to Equinor and 10 other companies focused mostly on the Arctic, where Oslo believes it has the greatest potential for significant new discoveries.Nine of the licences are located in the Barents Sea and three in the Norwegian Sea off central Norway, the Ministry of Oil and Energy said on Monday."This licensing round confirms that the oil companies see opportunities for further profitable petroleum activity in the north…

Wintershall Struggles to Boost Output from Norway's Maria Field

Photo: Wintershall

German oil firm Wintershall's flagship project in Norway - the Maria oil and gas field - is not meeting output expectations due to water injection issues, the company said on Monday.The field, which started nine months ahead of schedule at end-2017, was welcomed by the Norwegian government as an innovative project to squeeze more barrels from Norway's continental shelf.But 10 months after the startup Maria's output…

Nord Stream 2 Dredging Starting Off German Coast

An ROV operates from the vessel Trio to explore the seabed close to Lubmin, Germany. (File photo: © Nord Stream 2 / Axel Schmidt)

A consortium of western companies and Russia's Gazprom that is due to build the controversial subsea Nord Stream 2 gas pipeline to Germany said on Tuesday it was starting preparatory work in the Greifswald bay off Germany's Baltic coast."Five dredgers are now working on the trench for the two pipeline strings," the consortium, based in Switzerland's Zug, said in a press release. Nord Stream 2 will consist of two…

​Most of Nord Stream 2 Project to be Paid for by 2019 - OMV CEO

Rainer Seele  (Photo: OMV)

The Nord Stream 2 gas pipeline project connecting Russia to Germany will be 70 percent paid for by next year, the chief executive of Austrian oil and gas company OMV said on Friday.The project partners will likely make another cash transfer by the end of 2018, OMV CEO Rainer Seele told Reuters in an interview."We will move into 2019 with more or less 70 percent of the project financed already," Seele said, adding that OMV has so far invested 531 million euros in the project.Nord Stream 2 AG, which will double

Hundreds of Norway Oil Workers Go On Strike

Photo courtesy of Equinor

Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated field and helping send Brent crude prices higher.One union said hundreds more workers would join the strike on Sunday if an agreement over union demands for a wage increase and pension rights was not reached.Royal Dutch Shell said that due to the strike it was temporarily closing production at its Knarr field…

Nord Stream to Shut Gas Pipeline for Two-Week Maintenance

Nord Stream said on Tuesday it would shut both lines of its pipeline transporting Russian gas to Europe through the Baltic Sea for two weeks of planned maintenance starting July 17.The 1,224 kilometre (760 mile) pipeline, running to Germany via the sea, has a capacity of 55 billion cubic metres. Nord Stream is a joint venture of Russia's Gazprom and Germany's Wintershall and PEG Infrastruktur.Reporting by Sabina Zawadzki

Hundreds of Oil Workers Strike in Norway

Photo: Harald Pettersen / © Equinor

Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated field and helping send Brent crude prices higher.One union said hundreds more workers would join the strike on Sunday if an agreement over union demands for a wage increase and pension rights was not reached.Royal Dutch Shell said that due to the strike it was temporarily closing production at its Knarr field…

Norway Oil Workers, Employers Reach Deal to End Strike

© Inge / Adobe Stock

Norwegian drilling rigs workers will end their industrial action after the union representing 1,600 striking employees reached a deal with the group acting for their employers, the parties said on Thursday.The strike began on July 10 after the Safe union and the Norwegian Shipowners' Association could not come to an agreement over wages and pension conditions. The industrial action led to the shutdown of one Shell-operated field."The strike is over ...

Norway's Aasta Hansteen Field to Start Producing Gas

Photo: Roar Lindefjeld and Bo B. Randulff/Equinor

Norway's Aasta Hansteen gas field will start production from Nov.

Nord Stream 2 Pipeline on Track Despite Sanctions Risk, Operator Says

Photo: Nord Stream 2

The Nord Stream 2 pipeline to transport Russian gas to Germany is progressing on schedule, its operator said on Friday, with European investors still committed to the project despite criticism from the United States and the threat of sanctions.In July, Washington repeated a warning to Western firms invested in the pipeline that they were at risk of sanctions, saying Moscow was using the project to divide Europe.Berlin and Moscow have been at odds since Russia annexed Crimea four years ago…

Wintershall Norge Extends Contract with Energy Swan

Energy Swan. Photo: Golden Energy Offshore Services

Norwegian OSV operator Golden Energy Offshore Services (GEOS) has been awarded a contract extension by Wintershall Norge for 2005-built platform supply vessel Energy Swan.A press release from GEOS confirmed that a contract extension has been secured with Wintershall Norge AS.The contract is in direct continuation of the charter contract from 2013. The large PSV Energy Swan was in 2013 chartered for a firm period…

MMT Inks 10 New Contracts over 2 Months

(Photo: MMT)

Swedish based marine surveyor MMT has during the past two months received 10 new subsea survey and inspection projects within the offshore wind, renewable energy and oil and gas industries.MMT said the contracts, some of which are in joint collaboration with MMT’s Norwegian partner Reach Subsea, come from a wide portfolio of old and new clients, including Siccar Point Energy, Equinor, Perenco, SSE, Örsted, Vattenfall…

Wintershall CEO Meets Norwegian Prime Minister on Growth Plans

Photo: © Wintershall/Bernd Schoelzchen

Mario Mehren, CEO of Wintershall, Germany's largest crude oil and natural gas producer, has presented Wintershall’s growth plans in Norway during a visit by Norway's Prime Minister, Erna Solberg, to Berlin.Mehren announced a further increase in production during a discussion with the Prime Minister and representatives of German energy politics and the energy industry, which was held at the Norwegian Embassy."It…

Nord Stream 2 Gas Pipeline is 70% Financed so Far

© Nord Stream 2 / Thomas Eugster

Seventy percent of funds needed to finance the Nord Stream 2 underwater gas pipeline from Russia to Germany have been raised, TASS news agency quoted the head of Russian gas giant Gazprom, Alexei Miller, as saying on Sunday.Nord Stream 2, which will double the capacity from the existing Nord Stream 1 pipeline from a current 55 billion cubic metres of gas a year, is owned by Gazprom, which is taking on half of the planned costs of 9.5 billion euros ($11 billion).The rest is divided between five European energy

Swire Seabed Awarded Wintershall Framework Agreement

(Photo: Swire Seabed)

Swire Seabed announced it has secured a framework agreement with Wintershall Norge AS for the provision of marine subsea services (MSS) in the North Sea.The agreement will commence this year and has a duration of three years plus four yearly options, the subsea services firm said.The work scope includes the supply of vessel and services which encompasses survey, IMR and light construction.The agreement is call-off based…

OMV Optimistic Denmark Will Approve Nord Stream 2 Next Year

Photo: Nord Stream 2

Austrian energy group OMV , one of the companies that is financing the Nord Stream 2 pipeline, is optimistic Denmark will approve the project next year and the new gas transport route will start operations late 2019, its chief executive said.The pipeline, which will double the gas Russia can pump under the Baltic Sea to Germany, bypassing traditional routes via Ukraine, has been strongly opposed by Poland and the United States.