Europe has currently 16 offshore wind farms under construction with a combined energy capacity of 4.9GW due to be achieved by 2016.
read more... 16/07/2014
A subsidiary of Chinese state oil giant China National Offshore Oil Corporation (CNOOC) has inked a $1.6 billion engineering deal to build equipment for a liquefied natural gas (LNG) project in Siberia, the company declared on Wednesday.
read more... 14/07/2014
Greece intends to reduce tax rates for oil and gas firms since it desires to attract them to aid develop its unexploited offshore hydrocarbon resources, as stated by its energy minister on Tuesday.
read more... 02/07/2014
Norway's Statoil and Statkraft will construct the Dudgeon offshore wind farm off the coast of Norfolk in Britain, according to Statoil on Tuesday. It is estimated that the cost will be around 1.5 billion pounds ($2.57 billion).
read more... 02/07/2014
Spain will compensate the concession-holder of offshore gas facility Castor with 1.4 billion euros ($1.9 billion), after the unit was closed subsequent to seismic activity.
read more... 30/06/2014