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Germany: Merkur offshore wind project secures EUR 1.6bn from investors and banks

A consortium led by DEME Concessions Wind, which includes five sponsors has provided nearly EUR 500 million in equity to develop the 396-MW Merkur offshore wind project in the German North Sea.

read more... 16/08/2016

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Iberdrola's Baltic wind farm prepared for electric substation

Spanish electric utility Iberdrola's substation in charge of regulating power generation at its offshore wind farm in the Baltic Sea is now complete, the firm made known on Monday.

read more... 10/08/2016

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UK set to be the second on offshore oil and gas projects by 2025

The UK is likely to be the second on offshore oil and gas projects by 2025, according to a report by GlobalData, which declared that a total of 29 new developments are projected to begin operating by the same period.

read more... 09/08/2016

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Belfast Harbour welcomes its first arrival of the world’s most powerful wind turbine blades

The most powerful wind turbine blades in the world entered Belfast Harbor as part of a project to develop Dong Energy’s 258MW Burbo Bank Extension offshore wind farm on the Irish Sea.

read more... 04/08/2016

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Statoil acquires Petrobras assets in Carcará oil finding for $2.5 billion

Norwegian oil major Statoil ASA declared on Friday it had decided to acquire Petrobras' 66% operated interest in the BM-S-8 offshore license in Brazil's Santos basin for $2.5 billion.

read more... 29/07/2016

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