A new deal signed between an oil and gas operator and a green energy and infrastructure developer will see the creation of one of the UK’s first wind-powered oil and gas production facilities.
i3 Energy and Europa Oil & Gas have completed a farm-in agreement ahead of the drilling of an appraisal well planned for September.
Equinor has received consent from Norway’s safety regulator for exploration drilling in the North Sea, using one of Transocean’s rigs.
On 28 July, the Greek Parliament passed a bill comprising regulations on the permitting of offshore wind projects and their development and operation, marking the country’s first legislative move on offshore wind energy.
Irish tidal and river energy technology developer Tidal Flyer has tested its system at LiR National Ocean Test facility (NOTF), Ireland’s flagship facility for testing and development of offshore technologies, under the support of the Selkie project.
Norway’s offshore safety regulator has granted Aker BP consent for life extension for a field located in the North Sea off Norway.
The package is said to promote zero and low carbon energy and support domestic production of offshore oil and gas.
Jadestone has inked a deal inked with BP to acquire a stake in oil-producing fields, which are part of a Woodside-operated project.
The US Department of Energy (DOE) has awarded $12 million for marine energy and hydropower projects as part of its Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program.
Shell has taken the final investment decision to develop the Jackdaw gas field in the UK North Sea, following regulatory approval earlier this year.
California Governor Gavin Newsom has called for the increase of the state’s offshore wind target to at least 20 GW by 2045 as part of an action plan that aims to accelerate the energy transition. In a letter to the Chair of the California Air Resources Board (CARB), Governor Newsom called for the st
Wave Energy Scotland (WES) has launched a tender for a study into the techno-economic benefits of shared services and infrastructure for wind and wave energy generation technologies and projects.
Rystad has revealed that Guyana’s offshore oil & gas industry is poised to enter the big league with revenues set to break $1 bln in 2022.
With the next United Nations Climate Change Conference approaching in a few months, governments and energy companies around the globe are working on strategies on how to shift from fossil fuels to renewable energy.
