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French offshore wind tender of 13.62 billion dollars

On the 25th of January, France announced the beginning of the tender of 600 offshore wind turbines with a total capacity of 3GW in French waters.

read more... 27/01/2011

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Ukrainian government to invest $25 billion.

Mykola Azarov, the Ukrainian Premier declared at a government meeting on Wednesday that Ukrainian government is planning to support strategic investments projects in the development of offshore oil and gas fields, aircraft building, high technology development, etc.

read more... 27/01/2011

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BP and Rosneft sign offshore exploration agreement

European oil giant BP has concluded a deal with Rosneft, Russia's largest oil producer, to develop the Arctic's vast oil and gas fields. The agreement provides the development of three of Rosneft's offshore license exploration blocks-- EPNZ 1,2,3 in northern Russia.

read more... 18/01/2011

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Shell to give up about 20 % of its stake in CSPC to gain 30 % stake of CNOOC Refinery

The reporters from China Daily newspaper announced on Tuesday that the oil giant, Royal Dutch Shell is negotiating to acquire a 30 % stake in a refining project. The project belongs to China National Offshore Oil Corporation (CNOOC) and requires about $ 7.5 billion of investments.

read more... 14/01/2011

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China becomes one of world’s leading offshore energy producers.

China has become a part of the world's elite “club of offshore oil producers” following China National Offshore Oil Corporation's (CNOOC) announcement that its oil and natural gas output exceeded 60 million metric tons in 2010.

read more... 06/01/2011

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