BP has announced a £1billion expansion of its Atlantis development in the Gulf of Mexico amid the discovery of huge additional oil reserves.
Equinor has made discovery containing up to 24billion cubic feet of gas in the Barents Sea.
Edinburgh-based Atlantis Resources says “strong progress” has been made on its purchase of a power plant in South Wales from Simec.
Scottish tidal power firm Atlantis Resources has become part of the Gupta family business empire after striking a deal for a power plant in south Wales.
Edinburgh based tidal power company Atlantis is preparing to launch a bond offer at the end of the month.
Atlantis Resources today confirmed its proposed bond launch.
The project director for Atlantis, which operates the flagship MeyGen tidal project, today said he hopes the development's sucess will inspire similar endeavors across Europe.
Atlantis Resources to day confirmed it was targeting the French tidal power sector.
Atlantis today confirmed it had deployed the latest turbine for its flagship MeyGen project in record time.
Atlantis Resources has signed a Memorandum of Understanding (MoU) with Ideol.
Atlantis today confirmed it was awarded a €20.3million grant for its landmark MeyGen development.
Atlantis Resources today confirmed it had secured the funding for the next stage of its MeyGen project.
Return To Scene (R2S) is expected to complete its photographic capture of BP's Atlantis facility in the Gulf of Mexico during the second quarter of this year. The contract, worth US $450,000, falls under a global agreement between R2S - a subsidiary of SeaEnergy - and BP which has been in place since 2013.