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North sea
Offshore Wind Power
Siemens Gamesa Awarded German Offshore Wind Project
Siemens Gamesa is continuing the offshore revolution in Germany with a 913 MW firm order from customer Ørsted. 50 km off the coast of Lower Saxony in the Germa…
Offshore Wind Power
Octopus Makes Flashy and Windy Entrance to Dutch Market
The company’s generation arm has acquired Borssele V offshore wind farm in the Dutch North Sea
CCS
Oil Players Join Forces to Develop ‘One of the Largest CCS Facilities in the North Sea’
In pursuit of its strategy to go beyond net-zero, oil and gas company Neptune Energy has teamed up with several firms to pool resources for the development of a…
United Kingdom
Windfall Tax to Cost UK-Focused Oil Firms More Than $3 Billion
The new windfall tax on profits of oil and gas companies in the UK is expected to cost the medium-sized North Sea-focused companies a total of $3.3 billion thro…
Energy Investment
Windfall Tax Threatens Oil and Gas Investment in North Sea, Says Shell
The energy giant has said the levy “creates uncertainty”
Coal-Fired Power Plants
“Options Open” for Keeping UK Coal Plants at Normal Capacity This Winter
Energy Minister has said his first priority in the coming winters is to “maintain levels of investment” in the North Sea oil and gas
Natural Gas
British Regulator Poised to Approve Shell North Sea Gas Project
A British regulator is expected to approve in the coming days a revised plan by Shell to develop a North Sea gas field, which had been initially rejected on env…
Norway
Norway Oil Firm Okea to Initiate Dividend, Buy North Sea Assets
Norwegian independent petroleum firm Okea announced its first dividend payment on Monday and separately said it agreed to buy a portfolio of mostly oil-producin…
Offshore Wind Power
North Sea Countries Commit to 150GW Offshore Wind Development Plan
Four European countries have signed a declaration committing to develop 150GW of offshore wind in the North Sea by 2050.
Offshore Wind Power
Four EU Countries to Increase Offshore Wind Power Capacity Tenfold
Germany, Belgium, the Netherlands and Denmark will on Wednesday announce a joint pledge to build at least 150 gigawatts of offshore wind in the North Sea by 205…
Oil Field
Norway’s Equinor Sells Shares in Two North Sea Fields for over $1 Billion
Norwegian state-owned giant Equinor and its compatriot Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in two North Sea…
Net Zero Emission
Three Organisations Teaming up to Unlock UK’s Full Carbon Capture and Storage Potential
In a bid to assist the UK in achieving ambitious carbon capture and storage (CCS) targets, the North Sea Transition Authority (NSTA), The Crown Estate (TCE), an…
United Kingdom
UK Asks North Sea Oil and Gas Sector to Set out Plan to Reinvest Profits
Business minister Kwasi Kwarteng has written to the North Sea oil and gas industry asking it to set out a clear plan to reinvest its profits into British energy…
Oil&Gas Drilling
Shell Gets Closer to Drilling North Sea Gas Target This Year
Oil major Shell and its London-based partner Deltic Energy are planning to drill an exploration well on the Pensacola gas prospect in the UK sector of the North…
Offshore Wind Power
Vattenfall and BASF Team up for Dutch Offshore Wind Bid
Swedish energy player Vattenfall has partnered with German chemicals giant BASF to bid in the zero-subsidy tender for the Hollandse Kust West zone in the Dutch …
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