Latest news
Eni launches production at Angola’s East Hub
Italian oil and gas company Eni and its partners commenced production five months ahead of schedule at its East Hub Development Project, offshore Angola.
read more... 09/02/2017
Shell to exit from Danish offshore joint venture
Royal Dutch Shell is reportedly eying the exit from the Danish Underground Consortium (DUC), an offshore oil and gas joint venture, according to three banking sources.
read more... 07/02/2017
Dong targets to phase out coal-fired electricity generation by 2023
Dong is already the world’s largest offshore wind farm company, constructing over a quarter of the capacity installed worldwide. It intends to offload its operations concentrated on oil exploration and production later this year, after pulling off one of the biggest stock market listings in 2016.
read more... 06/02/2017
Europe on course to double offshore wind capacity by 2020
Europe is on course to double its offshore wind energy capacity by 2020 after record investment last year, even though more projects should be awarded to preserve costs decreasing in the longer term, as stated by industry group WindEurope.
read more... 27/01/2017
UK: Offshore wind costs drop by 32% in four years
The UK’s offshore wind industry has registered cost cuts of 32% – four years ahead of schedule. The joint government and industry objective to see costs of less than £100/MWh by 2020 has already been hit by wind farms that were given their final investment decisions in 2015 and 2016.
read more... 25/01/2017