Major wind farm jump starts power-hungry southern Sweden with potential 700 MW
A collaboration between Stena Renewable, Eon and TSO Svenska Kraftnät paves the way for a total of 700 MW in additional wind capacity in southern Sweden. First, 210 MW project Tvinnesheda will be established. The announcement is in line with an anonymous order made public by Vestas last week.
Odfjell Drilling beat tough market conditions in offshore to deliver significant growth in earnings in 2020, but the company fears that future financing opportunities are impacted by sliding values and overcapacity.
Denmark's new North Sea energy policy has instilled Wintershall Dea with doubts about its future in the country. The German oil and gas group is currently working to find a solution, says COO Dawn Summers in an interview with EnergyWatch.