Latest news
Eni hits another oil discovery in Angola
Eni, the Italian oil and gas company unveiled its ninth oil discovery in Block 15/06, in deep water offshore Angola, boosting the resource base at West Hub project.
read more... 19/03/2013
It’s official: London Array the largest wind farm in the world
London Array has officially become the world’s biggest operational offshore wind farm. Last week, 141 of the 175 turbines turned to produce power for the first time, providing 507MW of capacity. The project is a joint venture between Danish firm DONG Energy (50%), UK energy giant E.ON (30%) and Abu Dhabi renewable company Masdar (20%).
read more... 11/03/2013
Dong Energy to quadruple its offshore wind capacity by 2020
Dong Energy is aiming to have installed 6.5GW of operating offshore wind capacity in north-west Europe by the end of the decade, with an intermediate target of 3.5GW by end-2016. Dong has publicly adopted an unprecedented target of reducing its offshore wind cost of energy to €100/MW by 2020. This would correspond to at least 47% less than Germany's current feed-in tariff for offshore wind generation, which is set at EUR 190/kWh. The new 2020 benchmark target for offshore wind is to quadruple installed offshore wind capacity from its currently 1.7GW to 6.5GW in 2020.
read more... 28/02/2013
EU to get its first oil and gas law
The EU proposed on Thursday its first law to regulate safety in offshore oil and gas drilling which aims to ensure that world's highest safety, health and environmental standards are implemented across the EU, in order to prevent any repeat of BP's catastrophic Gulf of Mexico spill.
read more... 25/02/2013
UK to give the green light to 28 new oil and gas projects
UK is expecting to give the green light for the exploration of 28 new oil and natural gas projects offshore in 2013, amid the increased untapped resources in the North Sea, declared British Energy Secretary Ed Davey.
read more... 01/02/2013