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Vestas plans to expand UK offshore wind manufacturing footprint
Vestas Wind Systems A/S (CPH:VWS) today announced plans to expand its offshore wind manufacturing footprint in the UK, depending on the volume secured in the country's upcoming Contracts for Difference (CfD) fourth allocation round.
read more... 28/04/2021
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Ørsted, Enefit to form Baltic offshore wind JV
Danish energy company Ørsted A/S (CPH:ORSTED) will team up with a unit of Estonian state-owned sector player Eesti Energia AS, aiming to jointly develop offshore wind projects in the Baltic countries.
read more... 27/04/2021
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Israeli energy giant plans $1.1B gas deal with UAE company
One of Israel's biggest energy companies plans to sell its share of a large offshore gas field to a firm based in the United Arab Emirates for an estimated $1.1 billion, the biggest such deal since the two countries normalised ties last year. Delek Drilling, owned by the Israeli billionaire Yitzhak Tshuva, said Monday that it signed a memorandum of understanding with Mubadala Petroleum, part of a conglomerate owned by the government of Abu Dhabi. The proposed deal was detailed in a notification filed with Israeli authorities.
read more... 27/04/2021
Norway readies first offshore wind tenders to spur oil industry transition
Norway will press ahead with North Sea wind power this year, awarding its first development licences as it spurs the transition of its oil and gas industry and despite its already plentiful renewables supply.
read more... 30/03/2021
RWE to invest $4.1 billion in flagship UK offshore wind park
RWE, Europe's third-largest renewables group, has taken an investment decision on its 3 billion pound ($4.1 billion) Sofia offshore wind farm project, it said on Wednesday.
read more... 25/03/2021