Offshore wind spending is nearing that of offshore oil and gas and is anticipated to surpass it in several key markets by 2030, Rystad Energy said, with Europe being the first to count more offshore wind than oil and gas investments, followed by Asia (excluding China) and the US.
Equinor, Shell, and TotalEnergies – oil and gas players that continue raising their stakes in the renewable energy sector – have been selected by the French government to participate in the country’s first tender dedicated to floating wind.
Crown Estate Scotland, which is currently reviewing the ScotWind Leasing Round applications, will open a new leasing process early next year, dedicated specifically to offshore wind projects which support the decarbonisation of the oil and gas sector, and to small-scale innovation projects of less than 100 MW.
Norway, Western Europe’s biggest oil producing nation, plans to expand its green energy industry and strengthen its power grid, but isn’t willing to budge when it comes to exploiting its oil and gas resource
A Dutch court on Wednesday ordered Royal Dutch Shell to significantly deepen its planned greenhouse gas emission cuts, in a landmark ruling that could pave the way for legal action against energy firms around the world.
Quickly growing turbine numbers, installed in deeper waters offshore and farther out to sea are needed to serve accelerating demand for wind energy, but safety issues for such structures go beyond the feats of civil engineering making them possible.
Find job opportunities in oil, gas, wind, solar, wave, nuclear and LNG industries