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Sigma Energy’s full-scale device installed in the Adriatic Sea (Courtesy of Ocean Energy Europe)

Authorities & Government

Sigma Energy deploys full-scale wave energy prototype offshore Montenegro

Slovenia-based company Sigma Energija (Sigma Energy) has deployed a full-scale wave energy device offshore the city of Bar in Montenegro.

about 4 years ago

As UK’s new PM puts energy security as priority, OEUK sees opportunity to speed up energy transition with domestic oil & gas

Authorities & Government

With UK’s new PM prioritising energy security, OEUK sees opportunity to speed up low-carbon transition

As the UK gets its new PM, OEUK believes this is an opportunity to accelerate energy transition with domestic oil & gas investments.

about 4 years ago

Illustration/One of LiftWEC device concepts (Courtesy of LIftWEC Project)

Authorities & Government

Final LiftWEC wave energy concept moves forward to tank trials

The partners in the EU-funded €3.4 million LiftWEC project have selected the final concept for a wave energy device, based on hydrodynamic lift forces, that will be put through its paces at the wave tank in Ecole Centrale de Nantes.

about 4 years ago

Welsh First Minister Mark Drakeford presented with the ‘State of the Sector’ report (Courtesy of Marine Energy Wales)

Authorities & Government

Tidal stream and FLOW at the forefront of near-term economic opportunity for Wales, report finds

Marine Energy Wales has released its annual ‘State of the Sector Report’ which dives into the opportunities and economic benefits of the developing marine energy sector in Wales.

about 4 years ago

Dolphin Drilling takes steps to reap benefits from ‘tight rig market’ and improved day rates

Authorities & Government

Dolphin Drilling raises $45 million for rig mobilisation & reactivation

Dolphin Drilling has undertaken an equity issue to take advantage of increased day rates in the offshore drilling market.

about 4 years ago

Authorities & Government

In focus: Emerging renewable energy projects to cushion effects of global energy crisis

With the global energy crisis unfolding and energy prices soaring, governments and companies are ramping up investments in renewables, energy efficiency and clean technologies.

about 4 years ago

Authorities & Government

Two Norwegian Sea wells on Equinor’s drilling agenda for November

Equinor has secured a drilling permit from the country’s authorities for two wells located in the Norwegian Sea.

about 4 years ago

Authorities & Government

Study uncovers four potential electrification paths for oil & gas assets

A study, undertaken to assess potential routes for electrification of oil and gas platforms, has found four options to make this happen.

about 4 years ago

A photo of an Energinet employee at the now-operational Krieger Flak project

Authorities & Government

Energinet starts feasibility studies for four new Danish offshore wind farms

The board of the Danish transmission system operator (TSO) Energinet has officially given the green light to carry out feasibility studies for four new offshore wind farms totalling up to 7.2 GW in capacity. This follows Energinet receiving orders from the Danish Energy Agency (DEA) and the Ministry

about 4 years ago

Authorities & Government

Noble-Maersk merger gets clearance from UK regulator

UK’s competition regulator has now completed its review of the business combination between Noble Corp. and Maersk Drilling.

about 4 years ago

Authorities & Government

Latvian government supports Skulte LNG terminal

The Latvian government has agreed to provide the object of national interest status to the Skulte LNG terminal, the LNG import terminal project in the Skulte Port

about 4 years ago

UK regulator gives Centrica the go-ahead for gas storage project

Authorities & Government

UK regulator grants Centrica the go-ahead for gas storage project

Centrica has received the green light from the UK’s North Sea Transition Authority for a gas storage project in the Southern North Sea.

about 4 years ago

SIMEC Atlantis’ tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)

Authorities & Government

MeyGen clears first CfD hurdle for extra 28MW of tidal power

SIMEC Atlantis Energy, the developer behind the MeyGen tidal power scheme, has achieved the first contractual milestone for the delivery of additional 28MW of tidal power capacity for the project as part of the UK’s fourth contracts for difference round.

about 4 years ago

Support for fossil fuels passed whopping $697 bln in 2021, delaying energy transition progress, says OECD and IEA

Authorities & Government

Support for fossil fuels passed $697 bln in 2021, delaying energy transition progress, says OECD and IEA

The IEA and the OECD outline in their new analysis that the backing for fossil fuels almost doubled in 2021, reaching $697.2 billion.

about 4 years ago