The Norway based company Statoil, recently announced about the intention to acquire 12.5% in the Dogger Bank offshore wind farm from Statkraft. The acquisition will increase Statoil participation in the 4.8GW offshore wind up to 37.5%.
read more... 27/03/2017
Dong Energy is in the ultimate phases of installing its 258MW Burbo Bank 2 wind farm in the Irish Sea.
read more... 27/03/2017
Crude oil prices posted a modest rise on Friday in a late trading, but lost ground for the week on persisting concerns about crude oversupply.
read more... 27/03/2017
Denmark, Germany and the Netherlands are planning on building a giant island in the North Sea which will be able to support up to 100GW of offshore wind projects.
read more... 24/03/2017
As part of the 29th licensing round, the Oil and Gas Authority (OGA) is to award 25 licenses for 111 blocks or part blocks to17 companies, in order to assure further exploration and production across frontier areas of the UK Continental Shelf (UKCS).
read more... 24/03/2017