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Norway’s Oil Production To Fall To 30-Year Low

Despite cost controls, increased efficiency, and higher activity offshore Norway, oil production at Western Europe’s largest oil producer fell in 2018 compared to 2017 and is further expected to drop this year to its lowest level since 1988.

read more... 14/01/2019

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Aker energy strikes oil offshore Ghana

Norwegian oil company Aker Energy announced Thursday that it has struck oil offshore Ghana with a resource volume potential of up to 1 billion barrels of oil equivalent, according to a company statement.

read more... 11/01/2019

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BP approves $1.3bn expansion of Atlantis oil field in Gulf of Mexico

BP has approved the $1.3bn phase 3 development of the Atlantis oil field located in deepwater Gulf of Mexico, offshore US.

read more... 09/01/2019

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Germany maps offshore future

Germany’s Federal Maritime and Hydrographic Agency BSH is tendering for geotechnical studies of potential new sites for wind energy development in the North and Baltic Seas.

read more... 08/01/2019

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Ørsted to rethink Taiwanese offshore wind plans after missing 2018 deadline

Danish offshore wind major Ørsted A/S will pause and review its plans for investments in Taiwan as it has been unable to secure a key permit for 900 MW of offshore wind projects in time to get the 2018 feed-in tariff (FiT).

read more... 04/01/2019

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