%22Energean Power%22 News

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

Jan 27, 2026

MODEC has signed a joint development agreement with Norway-based Eld Energy to advance an integrated solid oxide fuel cell and CO2 capture system for floating production, storage and offloading (FPSO) vessels, as the offshore industry looks to cut emissions from power generation…

Nuclear-Powered DP Vessels Technically Feasible, Vard Study Shows

Jan 26, 2026

A study led by Vard, a subsidiary of Italy’s Fincantieri, has found that nuclear-powered offshore vessels are technically feasible, confirming that small fourth-generation nuclear reactors can be integrated into dynamically positioned vessels while meeting safety…

Europe Turns to Offshore Wind to Curb Dependence on US Gas

Jan 27, 2026

European countries have agreed to jointly develop a vast offshore wind network, marking a pivotal step in the region's push to both trim its dependence on U.S. natural gas imports and tackle rising renewable energy costs.At the North Sea Summit on Monday…

Victoria’s First Offshore Wind Auction Slated for August

Jan 27, 2026

The Australian Government is progressing the state of Victoria’s offshore wind industry with Minister for Energy and Resources Lily D’Ambrosio announcing the Request for Tender (RFP) for Victoria’s first offshore wind industry auction which…

Coastal Virginia Offshore Project Costs Increases to $11.5b

Jan 30, 2026

Dominion Energy said on Friday the total project costs for the Coastal Virginia Offshore Wind have increased to roughly $11.5 billion from $11.2 billion.The changes in estimated costs reflect the impact of temporary suspension of work issued by the U…

New York Sues Trump Administration Over Halt on Two Offshore Wind Projects

Jan 11, 2026

New York's Attorney General sued the Trump Administration on Friday for suspending the construction of two major offshore wind project that the state says it needs to power a million homes and reduce its reliance on fossil fuels.Letitia J. James…

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

Jan 27, 2026

Japan’s largest power generator JERA has received the first liquefied natural gas (LNG) cargo from the Barossa Gas Project in Australia, marking the start of shipments from the project after production commissioning began last year.The Barossa project…

Europeans Commit to Wind Energy Expansion Despite Trump Criticism

Jan 23, 2026

European governments including Germany, Britain and Denmark will reinforce their plans to massively expand wind power projects on Monday, despite U.S. President Donald Trump stepping up criticism of their green energy agenda, a draft declaration due to be signed by government leaders showed…

US Judge Rules Orsted Can Resume Work on Offshore Project

Jan 12, 2026

A federal judge on Monday cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which U.S. President Donald Trump's administration halted along with four other projects last month.The ruling by U…

European North Sea Investment Pact to Mobilize $1.17T for Offshore Wind

Jan 26, 2026

Governments from nine North Sea countries, together with industry and power grid operators, have formed an investment pact aimed at mobilizing up to $1.17 trillion (€1 trillion) in offshore wind investment and accelerating Europe’s buildout of offshore wind capacity…

US Extends Talks on Possible $22B Sale of Lukoil Assets

Jan 15, 2026

The U.S. Treasury Department on Wednesday extended a license by more than a month - until February 28 - for companies to talk with Russian energy company Lukoil about buying its foreign assets.President Donald Trump imposed sanctions on Lukoil and Rosneft…

Ørsted to Challenge US Stop-Work Order for Another Offshore Wind Project

Jan 07, 2026

Ørsted will file a complaint and seek a preliminary injunction in the U.S. District Court for the District of Columbia, challenging U.S. government’s lease suspension order issued for the Sunrise Wind offshore wind project, after it instigated…

Australia Grants Permits for Three Offshore Wind Schemes

Jan 23, 2026

Australia has offered three offshore wind licenses to projects off the southern coast of Western Australia that could add 4 gigawatts of clean energy into the state's isolated power system, the government said on Friday.The offer comes after…

Prosafe Nets $2.7M Extension for Safe Caledonia Flotel with Ithaca Energy

Jan 09, 2026

Oil and gas firm Ithaca Energy has exercised all three remaining weeks of options for Prosafe’s Safe Caledonia accommodation rig, which will continue providing support at its Captain field in the U.K. sector of the North Sea.The extension will…

Norway Awards 57 New Oil And Gas Licenses to 19 Companies

Jan 13, 2026

Norway has offered ownership interests in 57 new oil and gas production licenses to 19 companies in its latest annual awards in pre-defined areas (APA) licensing round.Of the 57 licenses, 31 are located in the North Sea, 21 in the Norwegian Sea and five in the Barents Sea…

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