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Statoil purchases 12.5% of Dogger Bank offshore wind project

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

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Dong's wind farm has 32 MHI Vestas turbines of 8MW

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

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Daily (27.03.2017): Mild weather and new LNG on horizon put pressure on UK gas prices

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

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European countries to build the North Sea Wind Power Hub to support 100GW of offshore wind projects

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

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OGA awards 25 licenses for exploration and production nearby UK Continental Shelf

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

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