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Authorities & Government

Türkiye‘s national oil & gas company enters Bulgarian offshore license as partner to Shell

Türkiye‘s national oil & gas giant Türkiye Petrolleri A.O. (TPAO) has become a partner in an offshore exploration license in Bulgaria, located near Sakarya, Türkiye’s largest natural gas field. TPAO reported today, February 18, that it had, as a partner, joined the exploration license in the Khan Te

about 8 months ago

Authorities & Government

Five companies lined up for Scotland’s €1B subsea electricity network upgrade

Scottish and Southern Electricity Networks (SSEN) Distribution has selected five contract partners to help deliver future investment of up to £950 million (about €1.09 billion) in the Scottish subsea electricity network and support the multi-year framework to renew and upgrade subsea electricity lin

about 8 months ago

Man with a hardhat with words "Chevron" on it with an offshore rig in the background

Authorities & Government

Chevron, Helleniq Energy win leases to explore four blocks offshore Greece

U.S.-headquartered Chevron, through its four Dutch subsidiaries, and Greece’s Helleniq Energy have signed lease agreements with the Greek government for the exploration of four blocks offshore Greece. The awarded consortium, in which Chevron holds a 70% operating interest and Helleniq Energy a 30% i

about 8 months ago

Authorities & Government

France plans 250 MW tidal energy rollout by 2030 in new energy strategy

The French Government is planning to have 250 MW of tidal energy capacity awarded by 2030, as part of the third edition of the country’s energy strategy on the way towards carbon neutrality by 2050. The Publication Pluriannuelle de l’Energie (Multiannual Energy Programme (PPE)) includes commercial t

about 8 months ago

Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor

Authorities & Government

Go-ahead for Equinor to use 2016-built rig at North Sea field

Norway’s state-owned energy giant Equinor has received clearance to deploy a ten-year-old jack-up rig at its offshore field on the Norwegian Continental Shelf (NCS).

about 8 months ago

Authorities & Government

New UK tidal energy capacity – What we know so far

Inyanga Marine Energy Group’s HydroWing Tidal Energy Projects has secured a contract for an additional 10 MW of capacity in the UK government’s Contracts for Difference (CfD) Allocation Round 7 (AR7) for what will, once fully developed, become the world’s largest tidal energy project. Of note, the U

about 8 months ago

Authorities & Government

EIB and Greek TSO agree on €1.9B financing for Dodecanese interconnection

The European Investment Bank (EIB) and Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO) have signed a deal for €1.9 billion financing for the development of an interconnector that will eliminate the electrical isolation of the islands of Kos, Rhodes and Karp

about 8 months ago

Ringhorne; Credit: Øyvind Sætre/Vår Energi

Authorities & Government

North Sea hydrocarbon drilling ops hit a dead end

Norway’s oil and gas player Vår Energi and its partner, Kistos Energy, have drilled an exploration well in the Norwegian sector of the North Sea, which yielded no commercial hydrocarbons.

about 8 months ago

Authorities & Government

Four tidal energy projects secure contracts in UK’s record CfD auction

The UK government has awarded a record 14.7 GW of renewable energy capacity in the Contracts for Difference (CfD) Allocation Round 7 (AR7), its largest CfD round ever in capacity, with tidal stream securing 20.9 MW across four projects. On January 14, the UK government announced the award of 8.4 GW

about 8 months ago

Rendering of the Ruwais LNG concept design; Source: ADNOC

Authorities & Government

ADNOC and RWE diving into new LNG opportunities as multiple deals boost Germany – UAE energy cooperation

United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC) has joined forces with RWE Supply & Trading (RWE) to look into new opportunities for liquefied natural gas (LNG) supply to Germany and European markets, building on the Middle Eastern player’s existing LNG s

about 8 months ago

Illustration; Source: Türkiye Petrolleri A.O. (TPAO)

Authorities & Government

Chevron and TPAO set their cap on oil & gas exploration in Black Sea

U.S.-headquartered energy giant Chevron has sealed a deal with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to embark on oil and natural gas exploration and production in the Black Sea.

about 8 months ago

Authorities & Government

Fugro’s jack-up platform starts surveys for Western Isles subsea link

Dutch Fugro has commenced integrated site investigations for a power transmission link that will connect the Scottish Western Isles to the UK national electricity transmission network for the first time. Fugro is carrying out nearshore surveys for SSEN Transmission’s 1.8 GW Western Isles high-voltag

about 8 months ago

Authorities & Government

Work begins on 203-kilometer Scottish HVDC transmission link

Both onshore and offshore enabling works have commenced for the development of the 2 GW Spittal to Peterhead subsea cable link project in Scotland, which will support national clean power and energy security ambitions. The 203-kilometer high-voltage direct current (HVDC) link will connect the Bannis

about 8 months ago

Authorities & Government

Two final bids in the run for Denmark’s €3.84 billion carbon capture and storage fund

The Danish Energy Agency has received two final bids for the DKK 28.7 billion (around €3.84 billion) fund for carbon capture and storage (CCS) aimed at helping the country reach its climate goals. Sixteen projects applied to be prequalified for this third CCS pool, of which ten were prequalified in

about 8 months ago