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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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Europe predicts $15.3 billion investment in offshore wind at half-year mark

The European offshore wind power industry attracted a record $15.3 billion (EUR 14 billion) in new investments during the first six months of 2016, but the manager of WindEurope stated cost decrease remains imperative.

read more... 28/07/2016

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Eni likely to conclude Mozambique gas deal after years of delays

A long-expected Mozambique’s offshore gas project with Italy’s Eni is likely to get the green light within months, according to sources close to the matter.

read more... 26/07/2016

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Vattenfall gives the go-ahead to Aberdeen offshore wind farm in Scotland despite Brexit vote

Swedish energy firm Vattenfall gave the go-ahead to the Aberdeen Offshore Wind Farm in Scotland, with Swedish utility offering support to the UK’s offshore wind sector despite Brexit vote.

read more... 22/07/2016

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E.ON and Statoil will construct $1.3 billion Baltic wind farm

E.ON and Statoil are scheduling a 60 turbine offshore wind farm for the German Baltic Sea. The $1.3 billion (€1.2 billion) wind farm, named Arkona, will be located close to the German island of Rügen.

read more... 22/07/2016

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