World’s biggest wealth fund strikes a milestone green deal
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.
Denmark
Ineos Energy to sell oil and gas business in Norway for $615m
Ineos Energy has announced a deal to sell its oil and gas assets in Norway for $615million.
UK ministers consider ban on new North Sea exploration – report
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 could reach climate target with carbon tax, adviser says
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.
From the ‘Blue Toon’ to COO of Europe’s largest independent oil and gas firm
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 exploring using wind turbines to power Culzean field
Total is exploring the possibility of using renewable energy sources to power two of its North Sea gas fields.
Vestas ups industry benchmark with launch of 15 MW offshore wind turbine
Turbine manufacturer Vestas claims to have elevated the “industry benchmark for performance and continued cost reduction” with the launch of its new product.
Denmark secures backing for $34bn clean energy island in North Sea
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 announces new corporate structure and mass shakeup at the top table
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 takes FID on its first renewable hydrogen project
Ørsted has taken a final investment decision (FID) on its first renewable hydrogen project, with plans to launch the facility later this year.
Semco Maritime to invest ‘tens of millions’ in renewables operations
Danish engineering and contracting firm Semco Maritime has announced plans to sharply enhance its renewables offerings in the coming years.
Ørsted announces intention to bid in ScotWind leasing round
Ørsted has announced its intention to bid in the forthcoming ScotWind leasing round, which opened to applicants last week.
North Sea worker makes ‘miracle recovery’ in Aberdeen after heart stopped for nearly two hours
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 ends North Sea oil exploration, drops production in 2050
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 wins legal battle giving it right to continue using name
Ørsted has won a legal battle, brought forward by seven people bearing the same name, to continue using the Ørsted handle.
World’s top wind turbine maker ups the stakes in offshore race
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.
Copenhagen Offshore Partners opens floating offshore wind centre in Edinburgh
A Danish renewables developer has opened a new facility in Scotland aimed at speeding up the deployment and integration of floating offshore wind.
Tackling flaring: Lessons from the North Sea
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.
Ørsted cracks bottle on new service operations vessel
Danish offshore wind developer Ørsted has launched its new service operations vessel.
Ørsted appoints Mads Nipper as new chief executive
Danish developer Ørsted has announced Mads Nipper as its next chief executive and group president, effective from the beginning of next year.
Greenpeace activists occupy Danish North Sea oil platform
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.
NHV accuses Babcock of ‘race to the bottom’ over Total contract win
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 ‘got in the way’ of UK sector collaborating on North Sea Wind Power Hub
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.
Novel solutions to play a big role in hydrogen’s future
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.