Latest news
UK on the way to reduce offshore wind power costs
Among several options of generating renewable energy, offshore wind power seems to be liked the most, even if it has been proven to be a quite expensive industry. Due to that fact, many investors refused to invest heavily into this energy sector.
read more... 13/03/2012
Wind power takes fright as government reviews subsidies
The bright future of British wind power is currently under review as government is seeing to review the subsidies. According to Offshore Wind Developers Forum, it has recently guaranteed that British companies should provide more than half of the content of the UK’s future wind factories. If optimistic predictions for the sector are borne out, offshore wind industry could spark 3 billion pounds investments in the UK supply flow by 2022, sustaining over 45,000 long-term jobs.
read more... 29/02/2012
Statoil confirms a massive pre-salt oil discovery offshore Brazil
The Norwegian oil company Statoil confirmed today that it has made a significant discovery offshore together with operator Repsol Sinopec and partner Petrobas.
read more... 27/02/2012
ENI makes new deepwater gas discovery offshore Mozambique
The Italian giant, ENI has announced a new major gas discovery in the Mamba North 1 prospect, in Area 4 Offshore Mozambique, being the second significant discovery off Mozambique since October 2011.
read more... 16/02/2012
UK launches the biggest offshore wind farm off the coast of Cumbria
According to reports, UK has hailed the inauguration of a new 367 MW offshore wind farm in Cumbria, claiming to be the world’s largest offshore wind farm, being able to supply with power about 320, 000 homes.
read more... 13/02/2012