Norway’s $1.3 trillion wealth fund just made its first investment in clean energy infrastructure, more than a year after it was given the go-ahead to move into the asset class.
Ineos Energy has announced a deal to sell its oil and gas assets in Norway for $615million.
UK ministers are considering a ban on new oil exploration licenses in the North Sea as a move away from fossil fuels, a step that could hit jobs and the Scottish economy, the Telegraph reported.
Denmark has a chance to succeed with its plans of cutting 70% of carbon emissions by 2030 if Prime Minister Mette Frederiksen introduces a new emission fee, the government’s economic advisory council said.
Thinking back to her early days as an engineer from Peterhead, Dawn Summers feels a “heavy obligation” to help bolster diversity and inclusion in oil and gas, particularly with young women.
Total is exploring the possibility of using renewable energy sources to power two of its North Sea gas fields.
Turbine manufacturer Vestas claims to have elevated the “industry benchmark for performance and continued cost reduction” with the launch of its new product.
The government has secured broad political backing for Denmark’s largest ever construction project, a 210 billion krone ($34 billion) man-made ‘energy island’ and hundreds of offshore wind mills that will deliver clean electricity and help the country achieve climate neutrality by 2050.
Ørsted has announced plans to alter its organisational structure as part of efforts to strengthen its ability to tap into new markets and better serve customers.
Ørsted has taken a final investment decision (FID) on its first renewable hydrogen project, with plans to launch the facility later this year.
Danish engineering and contracting firm Semco Maritime has announced plans to sharply enhance its renewables offerings in the coming years.
Ørsted has announced its intention to bid in the forthcoming ScotWind leasing round, which opened to applicants last week.
A North Sea worker has revealed how he made a “miracle” recovery in Aberdeen after his heart stopped for nearly two hours.
Faroese Government signals support for oil and gas exploration, says there are no plans to copy Denmark
The Faroe Islands Government has said it has no plans to follow Denmark’s decision to wind down oil and gas exploration.
Denmark will stop offering new oil and gas licenses in the North Sea and will phase out production all together in 2050 as part of the country’s goal to become fossil free.
Ørsted has won a legal battle, brought forward by seven people bearing the same name, to continue using the Ørsted handle.
Vestas Wind Systems A/S, the world’s biggest wind turbine manufacturer, will buy out its offshore joint venture partner in an all-share deal that looks to take advantage of an expanding industry at the heart of the energy transition.
A Danish renewables developer has opened a new facility in Scotland aimed at speeding up the deployment and integration of floating offshore wind.
The North Sea represents some of the best-in-class and most innovative work of the oil and gas industry. Here, significant progress in reducing gas flaring is already making a vital contribution towards delivering “net zero”, and Norway stands out as genuinely world-class.
Danish offshore wind developer Ørsted has launched its new service operations vessel.
Danish developer Ørsted has announced Mads Nipper as its next chief executive and group president, effective from the beginning of next year.
Greenpeace said today that four environmental activists are occupying the Dan Bravo oil rig to demand an immediate ban on all further exploration in Denmark.
The chief executive of NHV has accused rival helicopter operator Babcock of engaging in a “race to the bottom” after a pair of North Sea contracts with Total changed hands.
Brexit has “got in the way” of the UK collaborating on a major North Sea wind “island” complex, according to one of the project’s main partners.
The road to large-scale hydrogen production is likely to be long and riddled with tough challenges, particularly if it is to become a fixture offshore.