France's Total posted better than expected earnings in the fourth quarter as oil prices stabilized, and said it would change its name as part of a push to diversify and grow renewable power and electricity production.The French oil and gas major…
Royal Dutch Shell will narrow its exploration scope in Norway to focus on natural gas production and possibly offshore wind in future, it told the Norwegian oil and energy ministry.Shell said in October it planned to reduce its oil and gas operations…
HitecVision, a Norwegian private equity investor specializing in the oil and gas sector, has teamed up with the Norwegian power company Agder Energi to develop new companies for the coming energy transition.'There are strong forces in Europe…
Aker Solutions and Siemens Energy have, as a consortium, been selected by Vattenfall as preferred bidders to deliver HVDC converter platforms for the Norfolk offshore wind project located in the North Sea off the coast of Norfolk.'If Vattenfall proceeds with this development…
Royal Dutch Shell and renewables firm Eneco, owned by Japan's Mitsubishi Corp, will provide Amazon.com Inc's European facilities with electricity from an offshore wind farm, they said on Monday.Retail giant Amazon, which faces pressure from environmental activists over its carbon footprint…
French oil major Total, in partnership with Macquarie’s Green Investment Group (GIG), has secured rights to a seabed lease for offshore wind development in the UK.The lease is located in the Eastern Regions zone in the Crown Estate’s Offshore Wind Leasing Round 4…
British oil major BP and its partner EnBW, an energy company from Germany, have been selected as preferred bidders for two 60-year advantaged leases in UK’s first offshore wind leasing round in a decade.The partners have been selected as preferred…
GE Research, GE Renewable Energy, and LM Wind Power, a GE Renewable Energy business were recently selected by the Department of Energy to research the design and manufacture of 3-D printed wind turbine blades.GE said Friday that its business…
South Korea unveiled a 48.5 trillion won ($43.2 billion) plan to build the world's largest wind power plant by 2030 as part of efforts to foster an environmentally-friendly recovery from the COVID-19 pandemic.The project is a major component of President Moon Jae-in's Green New Deal…
Offshore accommodation provider C-bed has said it has won two contracts for its Service Operation Vessel (SOV) Wind Innovation to support Ørsted's offshore wind projects in the UK.'With a double contract to support offshore wind developments in the UK…
For the offshore wind industry, 2020 was all about ambitions. Policymakers raised the bar for growth, focusing on job creation amid the offshore wind cost-out and the coronavirus pandemic. Renewables targets were raised and decarbonization plans…
UK-based project logistics management firm Trans Global Projects Group (TGP), has been awarded a contract for the transport of around 320,000 freight tons of offshore wind turbine components. The components will be used for two wind farm projects in Vietnam…
The Dutch government said on Tuesday that talks on Germany taking an equity stake in grid company TenneT have stalled over the question of which would control the company's German subsidiary.Talks with Germany are continuing but no longer on an exclusive basis…
CorPower Ocean, a Sweden-based developer of wave energy converters, which has recently secured a 10-year license marine license in Portugal, said Tuesday it had attracted an investment of 7.3 million euros for its Portuguese wave energy technology project…
MHI Vestas Japan, a joint venture between Japan's Mitsubishi Heavy Industries, and Danish wind turbine maker Vestas Wind Systems started operations on Monday.The newly established joint venture is aimed at strengthening the two partners' collaboration in the field of renewable energies…
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