EnergyWatch

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Aker spin-off working on energy island in North Sea

Aker Solutions' newly formed offshore wind firm plans to establish 1.7 GW in Norway and has found a JV partner to bid alongside in the Scottish licensing round. The company also has eyes on Southern Europe and Asia.

Noreco cheers Tyra progress

Both of the Tyra field's main platforms have now been removed in connection with the reestablishment program. "An important milestone for Noreco," says COO.

Eco group sues Nord Stream 2

In an attempt to halt the gas pipeline, a German environmental organization files a lawsuit against Nord Stream 2.

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Strained rig company lost USD 1 billion in the first half-year

Rig company Noble Corp, which filed for Chapter 11 in the US last week, lost a little over USD 1 billion on the bottom line in the first half of the year, during which major impairments strained financials. CEO sees the company making it to the other side "as a stronger company".

Bosch signs long row of PPAs

The German company is urgently looking to buy more green power and has entered agreements with Statkraft, Vattenfall and RWE.

Total holds British oil asset sale

The French oil and gas supermajor sells several UK fields to Neo Energy. These divestments are yet another step in the company's major cost-cutting plan implemented due to the Covid-19 pandemic.

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RWE and Mitsubishi buy US floating wind project

The US' first floating wind project is forecast to come online in 2020 now that a university undertaking is joined by two industrial heavyweights. The endeavor will move forward with small steps, however.

Shipbroker sees need for wave of new offshore wind vessels

Demand to install offshore wind turbines at sea is far greater than the orderbook for ships that can install the turbines. As such, there is potential in moving in this direction, says Clarksons Platou. The shipbroker has already publicly praised one shipping company for doing so.

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