The Polish government has published a revised draft offshore wind bill which would allow for 5.9 GW instead of 4.6 GW of capacity to be offered via Contracts for Difference (CfDs) by the end of June 2021. According to the Polish Wind Energy Association (PSEW), this 5.9 GW in the first phase of devel
UK’s well engineering and project management specialist Fraser Well Management (FWM) has launched a new well operatorship division.
Statkraft has signed a long-term power purchase agreement (PPA) to purchase 50% of the output from the 1,075 MW Seagreen offshore wind project in Scotland. Statkraft said that the deal is the largest in its UK PPA portfolio, which now stands at 10TWhs. “As part of our project financing we required a
Indonesian upstream regulator SKK Migas has confirmed Shell is in talks to withdraw from Indonesia’s proposed Abadi LNG export project. The Inpex-operated giant Abadi LNG project has seen many changes over the years and initially the development of the Masela offshore block involved a floating LNG p
Offshore wind is the third most opted for energy source for corporate power purchase agreements (CPPAs), according to a survey of the European CPPA market carried out by law firm Fieldfisher. Some 54 per cent of survey respondents said they would consider signing a power purchase agreement (PPA) for
Mediterranean Shipping Company (MSC) voiced its disapproval of the recent findings from a report issued by the European green group Transport & Environment (T&E) which claims the container carrier was the top 7th carbon emitter in the EU. According to the group’s report, MSC overtook Ryanair and two
Ørsted has awarded ten local organizations around Liverpool Bay, the UK, with grants from the milestone tenth round of the Burbo Bank Extension Community Fund. This latest round takes the total number of projects supported to 126, with total funds awarded now standing at over £1.1 million since the
Equinor has discovered gas and condensate in an exploration well 30/2-5 S Atlantis, which is located near the Kvitebjørn field in the North Sea.
MingYang has established a business and engineering centre in Hamburg, Germany, with an aim to introduce its latest offshore wind turbine products into the European market. The Chinese wind turbine manufacturer said that it was motivated by the growth of the offshore wind market in Europe, and that
US LNG exports are expected to nosedive in July and August due to a weak global market hit by the Covid-19 pandemic, according to the EIA. The agency said in its newest short-term energy outlook that US LNG exports averaged 3.6 Bcf/d in June and expects that they will average 2.2 Bcf/d in July and [
The North Sea has been a cash cow for the UK and Norway contributing to their economies for over half a century.
Container shipping major Mediterranean Shipping Company (MSC) has joined the Smart Maritime Network, an industry membership group focused on increasing the compatibility, standardization, and harmonization of the technology used in the shipping industry. “While a variety of digital innovations and I
U.S. offshore support vessel provider Seacor Marine has completed the acquisition of the remaining 50 per cent of the equity interests in SEACOSCO Offshore from COSCO Shipping.
Malaysian offshore support vessel provider Icon Offshore has confirmed it is in the process of negotiating the acquisition of Perisai Petroleum Teknologi’s jack-up drilling rig.
