Latest news
UK drives upcoming oil and gas projects in Europe
The UK is expected to drive the upcoming projects across oil and gas value chain in Europe, accounting for about 25% of the total projects which are likely to start operations by 2025. Amongst these, new build projects lead with 62% while the remaining are expansion projects mainly in the upstream sector (fields), according to GlobalData, a leading data and analytics company.
read more... 15/03/2021
UK government to invest $132 million in new offshore wind facilities
Britain will invest 95 million pounds ($132 million) in the construction of two new facilities to service a big expansion in offshore wind farms, creating around 6,000 jobs in the north of England, the government said on Wednesday.
read more... 11/03/2021
Qatar's LNG Megaprojects Are Making Markets Increasingly Competitive
Qatar Petroleum’s recently set a new record for the largest LNG export project ever. By 2026, the country will once again become the world's largest supplier of liquefied natural gas by overtaking Australia. The signing of the contract was delayed for a year due to economic uncertainty as a direct consequence of the Covid-19 pandemic. With the mega-expansion, the market could be oversupplied for years and the feasibility of other projects that are awaiting their investment decision could be in jeopardy.
read more... 23/02/2021
FID reached for Zeebrugge LNG regas capacity expansion
The company said on Monday that the decision has been made following the success of a freshly closed open season process.
read more... 16/02/2021
German-Dutch interconnector expansion project delayed
The expansion project at a 850MW interconnector between the Netherlands and Germany has been delayed again to next year, transmission system operator TSO Tennet said.
read more... 13/11/2020