Latest news
Norway: wind farm to be built off Britain by Statoil and Statkraft
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 to pay 1.4 bln euros to compensate possessors of Castor Gas
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
UK government gives the go-ahead to the largest offshore wind farm in the world
The British government gave the green light for the construction of the 1,200 megawatt (MW) East Anglia One offshore wind farm project, which is expected to be greater than the London Array, currently the largest offshore wind farm in the world.
read more... 18/06/2014
UK and China sign a milestone LNG deal
China National Offshore Oil Corporation (CNOOC) signed on Tuesday a 20-year deal with London-based oil giant BP for liquefied natural gas (LNG) supply.
read more... 18/06/2014
UK offshore wind industry to hit 10 GW by the end of this decade
UK offshore wind industry is on track to double its capacity to 10 GW by 2020, according a report released by the Crown Estate at Global Offshore Wind 2014 conference. This capacity will able to cover about 10% of the country’s energy demand.
read more... 17/06/2014