Latest news
London Array produced its first power
One of the world’s largest offshore wind farm, the London Array project, has delivered its first power to the grid last week. The wind farm which is situated in Thames Estuary, around 20 km off the coasts of Kent and Essex is being developed by a joint venture between Dong Energy, E.ON and Masdar.
read more... 30/10/2012
Norway to nearly double carbon tax on offshore oil industry
Norway envisages doubling carbon tax on its North Sea offshore petroleum industry, boosting its funding for the prevention of deforestation in developing countries and launching a new climate and energy fund of £1bn, according to its draft 2013 budget.
read more... 12/10/2012
World’s largest wind farm will be built in British waters
Spanish utility Iberdrola together with the Swedish company Vattenfall has started the construction of the world’s largest wind power project East Anglia, as Iberdrola intends to become the world leader in offshore wind farm technology.
read more... 10/10/2012
Greece is sitting on offshore gas bonanza
Amid an endless recession and austerity, Greece is likely to hold offshore natural gas resources that could dramatically change country’s fate, according to a study presented to Prime Minister Antonis Samaras.
read more... 05/10/2012
Russia to attract foreign investors to develop Arctic offshore shelf
The Russian government announced the new incentives to attract major investors in order to develop projects on the country’s Arctic offshore shelf, as well as in East Siberia.
read more... 24/09/2012