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News

DONG to Hold Hornsea One Community Events
News

DONG to Hold Hornsea One Community Events

DONG Energy will hold two community events in Grimsby and Stallingborough to give local people a chance to find out more about the Hornsea Project One offshore wind farm. When built, the 1.2GW Hornsea Project One will be the world’s largest offshore wind farm by a considerable margin, capable of pro

about 10 years ago
Rockhopper says Sea Lion costs slashed. Takes note of UK, Argentina deal
News

Rockhopper says Sea Lion costs slashed. Takes note of UK, Argentina deal

Rockhopper, an independent oil and gas company working in partnership with Premier Oil to bring online the Sea Lion field, located offshore the Falkland Islands, has said the costs have been cut down significantly at the project. As the partners are working through the front end engineering design (

about 10 years ago
UK Greenlights £18Bn Nuclear Power Project; Offshore Wind Referred as Better Option
News

UK Greenlights £18Bn Nuclear Power Project; Offshore Wind Referred as Better Option

The UK government today gave the green light for the construction of Hinkley Point C, an GBP 18 billion nuclear power plant developed by EDF, which will take 10 years to be built and will have a lifespan of 35 years. “The Contract for Difference would provide a set price of £92.50 per megawatt hour

about 10 years ago
UK Greenlights £18Bn Nuclear Power Project; Offshore Wind Referred as Better Option
News

UK Greenlights £18Bn Nuclear Power Project; Offshore Wind Referred as Better Option

The UK government today gave the green light for the construction of Hinkley Point C, an GBP 18 billion nuclear power plant developed by EDF, which will take 10 years to be built and will have a lifespan of 35 years. “The Contract for Difference would provide a set price of £92.50 per megawatt hour

about 10 years ago
Statoil inks small-scale LNG cooperation deal with Lithuanian duo
News

Statoil inks small-scale LNG cooperation deal with Lithuanian duo

Lithuanian natural gas trading companies Litgas and Lietuvos Dujų Tiekimas, both part of Lietuvos Energija, on Thursday signed an agreement with Norway’s Statoil to boost the development of the small-scale LNG market in the Baltic region. The deal enables “reliable and flexible wholesale LNG supplie

about 10 years ago
Ophir reports $70 million pre-tax loss in H1
News

Ophir reports $70 million pre-tax loss in H1

London-based Ophir Energy, the developer of the Fortuna FLNG project in Equatorial Guinea, on Thursday, reported a pre-tax loss of US$70 million in the first half of 2016.

about 10 years ago
BP has no plans to raise annual investments this decade -CEO
News

BP has no plans to raise annual investments this decade -CEO

By Caroline Stauffer, Luc Cohen and Juliana Castilla BUENOS AIRES (Reuters) – BP <BP.L> does not plan to increase annual investments this decade but still expects to bring nine new projects online in 2017 as it focuses on improving efficiency, Chief Executive Bob Dudley said in an interview on Wedne

about 10 years ago
Oakland Becomes Part of Asia-US Shipping Route
News

Oakland Becomes Part of Asia-US Shipping Route

A Transpacific shipping route linking Asia and the US will add weekly US Port of Oakland stops, beginning on November 6, 2016. With this move, Oakland will become the sixth stop in the Calco-C service, which is expected to bring an additional 50 vessel arrivals to the port on an annual basis. This c

about 10 years ago
BP has no plans to raise annual investments this decade-CEO
News

BP has no plans to raise annual investments this decade-CEO

By Caroline Stauffer, Luc Cohen and Juliana Castilla BUENOS AIRES (Reuters) – BP does not plan to increase annual investments this decade but still expects to bring nine new projects online in 2017 as it focuses on improving efficiency, Chief Executive Bob Dudley said in an interview on Wednesday. D

about 10 years ago
Gallery: Port of Koper Gets New RTG Cranes
News

Gallery: Port of Koper Gets New RTG Cranes

Slovenian Port of Koper welcomed three new Electrification – Rubber Tyred Gantry (RTG) cranes on September 10, 2016. Made by the Finnish crane manufacturer Konecranes, the RTG cranes were assembled in Split, Croatia, and transported by a 90-meter barge to Koper. Each 142-tonne crane uses electricity

about 10 years ago
Mark Wahlberg’s ‘Deepwater Horizon’ hits Toronto
News

Mark Wahlberg’s ‘Deepwater Horizon’ hits Toronto

“Deepwater Horizon” focuses on the hours before and after the rig explosion on April 20, 2010

about 10 years ago
Ophir Energy: Fortuna FLNG “technically ready” for FID
News

Ophir Energy: Fortuna FLNG “technically ready” for FID

London-based Ophir Energy on Thursday said its Fortuna FLNG project in Equatorial Guinea is moving forward and the project is “technically ready” for a final investment decision. “The upstream portion of the value chain is technically ready to FID and the downstream, offtake portion is ready for a f

about 10 years ago
IEA: global investment in energy declines
News

IEA: global investment in energy declines

Global investment into energy systems dropped by 8 percent in 2015 reaching US$1.8 trillion, down from $2 trillion in 2014, the International Energy Agency said in its first World Energy Investment report.

about 10 years ago
Palfinger’s New Blade Access System to Debut at Thornton Bank OWFs
News

Palfinger’s New Blade Access System to Debut at Thornton Bank OWFs

Palfinger Marine has secured the first order for its newly introduced Palfinger Blade Access (PBA) system with Senvion, which will use it at the Thornton Bank I, II and III offshore wind farms in Belgium. Dirk Reinhold, Head of Maintenance at Senvion, said: “Safe effective maintenance work on the ro

about 10 years ago
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