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The Danish Energy firm Ørsted has struck a deal with Glennmont Partners, selling a 50% stake in their 900MW Borkum Riffgrund 3 wind farm project. Glennmont is paying a total of €1.2bn for the 50% stake in this upcoming ... continue reading

The French energy giant TotalEnergies recently awarded a contract extension to Maersk Voyager, a 7th generation drillship owned by Maersk Drilling to drill Ondjaba-1 exploration well at a world record depth offshore Angola. The work on the ultra-deepwater exploration well ... continue reading

Germany intends to auction areas in the North Sea Exclusive Economic Zone (EEZ) with the goal of offshore green hydrogen production. The auctions are scheduled to begin as early as 2022. The government released a key ordinance on 1 October ... continue reading

Statkraft, the Norway-based, largest supplier of renewable energy in Europe, recently started purchasing power from the world's largest wind farm based in Kincardine, Scotland. The recently concluded 50MW project will provide 200,000 MWh per year to the national ... continue reading

Construction has begun for the first purpose-built wind port in the United States, which will aid in the growth of the offshore wind and energy industry. The New Jersey Wind Port, which will be positioned along the Delaware River in ... continue reading

Nord Stream 2 edges closer to completion, as the Russian pipelaying barge Fortuna welded the final section of the pipeline into place on Monday. The announcement was made by Nord Stream AG, operator of the upcoming mega gas pipeline between ... continue reading

The Biden-Harris administration in the US has decided to explore the Gulf of Mexico for the development of offshore wind projects, a step taken to heighten its growth in clean energy in the upcoming years. The development is going to ... continue reading

WindEurope, a European wind trade association, has advised an investment of $8bn in its port infrastructure of Europe as ports will play a central role in realizing the energy goals of the European Union. In line with realizing the goal ... continue reading

Last week, The China National Offshore Oil Company (CNOOC) officially declared to their investors that they have completed the task of installing the proposed Lufeng 14-4 platform in the South China Sea. It is one of the largest solely designed ... continue reading

While the State Department admits to taking sanctionable actions as the initiative's developers, the Biden administration has waived sanctions fines for Nord Stream 2 AG of Switzerland and its CEO, Matthias Warnig. The decision benefits pipeline supporter Gazprom and ... continue reading

On May 17th, Dan Jørgensen, heading Denmark's Climate, Energy, and Utilities Ministry, inaugurated the H2RES project, which kickstarted onsite construction in what will be Ørsted's very first clean hydrogen project. Ørsted's Avedøre Holme in Copenhagen will be ... continue reading