With the addition of 44.9 gigawatts (GW) in new installations in 2012, world wind power capacity grew to approximately 285.7 GW, an increase of 18.6 percent in the total wind power installation base. Average annual growth over the past 5 years has been 17.8 percent, achieved during the aftermath of
Ophir Energy plc announces the successful results of its Ngisi drilling programme, Block 4 Tanzania and the upgrade of the recoverable resource across the Chewa-Pweza-Ngisi hub in Block 4 to 4.5 TCF. Ophir holds 40% of Blocks 1, 3 and 4. BG Group operates with 60%. Ngisi discovery, successful Chewa
Christine M. Voss, Postdoctoral Research Associate at the University of North Carolina at Chapel Hill Institute of Marine Sciences is leading the next discussion on off-shore wind energy in North Carolina, at the next Coastal Science Cafe on July 8th from 6:00 p.m. to 8:00 p.m. at Capt. Bill’s Water
A report into the state of Europe’s offshore wind sector by international law firm Freshfields Bruckhaus Deringer has revealed how uncertainty around subsidies and the need to unlock new capital are holding back investment in the development of European offshore wind farms. The report ’European Offs
OMV has been awarded six additional offshore exploration licenses in Norway, acting as operator for two of them. The licenses were awarded by the Norwegian Ministry of Petroleum and Energy out of the 22nd Exploration license round. The signing with the Ministry took place on Friday, June 28. These a
CNOOC Limited (the “Company”) announced today that Wenchang 8-3E oil field has recently commenced production. Wenchang 8-3E oil field is located in the western Pearl River Mouth Basin with an average water depth of about 110-120 meters. The project has 4 producing wells and is expected to reach its
Tocardo Tidal Turbines, producer of tidal and free-flow water turbines, and leading international law firm Clifford Chance have entered a strategic business partnership. The deal will enable Tocardo to access specialist legal and administrative support for tidal energy projects worldwide. Clifford C
Offshore chemical engineering specialist Aubin has launched a new integrity management and subsea division in response to demand from the oil and gas industry. The division will provide ground-breaking solutions to urgent challenges facing operators of aging offshore infrastructure both in the UKCS
Nordic marine energy technology leader Minesto has developed a simulator to aid the development of its Deep Green marine power plant. Deep Green is the only marine power plant that is able to cost efficiently produce electricity from low velocity tidal and ocean currents. The simulator has been deve
Leading global companies Costain, Atkins, and Van Oord have reached agreements to partner with Tidal Lagoon Power Limited to design, build and deliver the world’s first tidal lagoon in Swansea Bay, Wales as the company prepares for formal consultation due to begin on Thursday 4 July. Costain is one
Government ministers, including energy minister Michael Fallon, and MPs will this week be warned that failure to support subsea technology and skills programmes could impact on UK oil production levels and export revenues. At a reception in Westminster on Wednesday 3rd of July, Subsea UK will unveil
The U.S. Virgin Islands Public Services Commission approved recognition of offshore wind developer Ocean Offshore Energy, LLC as a public utility on Thursday, June 27, Virgin Islands Daily News reports. This decision has opened the way for the development of an offshore wind farm off the coast of St
NOAA is seeking public input on a proposed process and associated criteria to evaluate potential new national marine sanctuaries in the nation’s marine and Great Lakes environments. NOAA will finalize the proposed process and criteria upon receiving public comment. NOAA will then consider whether to
More than 1,300 gigawatts (GW) of wind and solar power generation capacity are expected to come online in the next 10 years, creating an unprecedented amount of instability on the grid—particularly in key markets within North America, Western Europe, and Asia Pacific. As grid operators adapt to incr