Latest news
Leviathan collaboration approves $120 million feed
Leviathan associates have authorized a $120 million front-end engineering and design agreement for the expansion of the giant gas field offshore Israel. The three partners – Delek Group (45.3%), Noble Energy (39.7%) and Ratio (15%) – approved to Noble Energy, the operator, to begin the Feed phase.
read more... 24/06/2016
Siemens reveals offshore wind cost-reduction strategy
Siemens declared this week that its offshore wind projects are likely to produce electricity for a levelized cost of energy (LCOE) of 8 €cents/kWh by 2025, an improvement on its 2020 target of 10 €cents.
read more... 23/06/2016
BP authorizes investment in Egypt gas field 15 months after finding
British oil major BP has authorized investment in the first phase of expanding the huge Atoll gas field offshore Egypt, only 15 months after it first announced its discovery.
read more... 20/06/2016
Scotland offers £1.5 million for offshore wind
The Scottish Government has offered £1.5 million of backing to offshore wind farm companies.
read more... 20/06/2016
Dutch consortium pledges to reduce costs of offshore wind energy to €0.07/kWh by 2030
A consortium of 16 Dutch companies and research institutes are envisaging reducing costs of offshore wind to €0.07 per kWh by 2030.
read more... 17/06/2016