Latest news
RWE vends 85% stake in three wind parks to Northland Power
German utility RWE declared on Thursday it had decided to vend a stake of 85% in three offshore wind parks to Canadian electricity producer Northland Power, stressing increasing investor demand for European wind assets.
read more... 05/09/2014
Shell makes the second gas discovery offshore Malaysia
European oil giant Royal Dutch Shell unveiled another deep-water gas discovery off the coast of Malaysia. The well Marjoram-1 is located in Block SK318, 180 kilometers off the Malaysia coast and is at a water depth of 800 meters.
read more... 28/08/2014
Dong plans to acquire Vestas offshore turbines for Irish Sea project
Danish utility DONG has hit a provisional deal to purchase 32 of Vestas most important offshore wind turbines to develop a project off the British coast.
read more... 22/08/2014
Ireland: Wind farms could help slash energy bills
Ireland is an excellent location for developing both onshore and offshore wind farms, due to its favorable climate, and the wind speed means that there are many wind farm sites which offer a high capacity factor for generation. The country has one of the greatest wind energy resources in Europe and it is important to exploit them efficiently, so as to create jobs and bring benefits to communities.
read more... 14/08/2014
Obama paves the way for East Coast oil and gas exploration
The Obama administration gave the green light o Friday to the Eastern Seaboard to be reopened to offshore oil and gas exploration, a milestone decision in decades.
read more... 23/07/2014