The UK’s total offshore energy investment in oil, gas, renewables and low-carbon energies could reach £200 billion this decade.
Marine Energy Wales has welcomed the announcement that four tidal stream projects, based in Welsh waters, have been given the green light to provide electricity to the National Grid, as part of the latest allocation round of the UK government’s renewable auction.
In its fifth round of the Contracts for Difference (CfD) scheme, the UK has supported 11 tidal energy projects with a record capacity of over 50MW and €11.6 million total ringfenced budget.
The UK government has awarded 3.7 GW of renewable energy projects with Contracts for Difference (CfDs) in its fifth allocation round. Among the 95 new projects that secured CfDs are onshore wind, solar and tidal energy developments – and not a single megawatt of offshore wind. According to the gover
Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea, using Odfjell Drilling’s rig.
Harriet Shing, Minister for Regional Development, Victoria, Australia, has announced a new feasibility study that could see Portland become home to one of Australia’s first green shipping fuel production hubs, with $500,000 invested through the Labor Government’s Portland Diversification Fund. The s
The announcement that the UK is to join the EU’s flagship Horizon Europe program has been deemed as excellent news for Europe’s ocean energy sector as it could help enable the deployment of more ocean energy projects in the water, keeping Europe’s competitive edge in this emerging industry.
AQUIND Ltd, the company behind the planned namesake 2 GW electricity interconnector between the UK and France, has established a collaboration with the Portsmouth City Council for the delivery of the project. AQUIND and Portsmouth City Council entered into a works co-operation agreement on 5 Septemb
U.K.’s North Sea Transition Authority (NSTA) is expected to soon assume the role of offshore hydrogen transport and storage regulator following the conclusion of a consultation on the proposal. According to NSTA, the move is intended to support the industry by enabling pioneering projects to obtain
Offshore Energies UK (OEUK) has welcomed the progress the UK oil and gas industry made in curbing emissions.
The NSTA has outlined in its new report that the oil and gas industry is making progress on curbing emissions.
Repsol Sinopec Resources UK Limited has been fined £535,000 after the uncontrolled collapse of a crane injured two workers.
Leveraging digital tools to tap into advanced well-performance analytics in the cloud helps producers to get ahead of the demand curve.
Marine Energy Wales’ project manager Jay Sheppard outlines his thoughts on how the current Contracts for Difference funding mechanism for low carbon electricity could be improved.
