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Standardising turbine designs and securing predictable project pipelines could reduce the average lifetime cost of electricity from North Sea offshore wind by up to 28 percent by 2050, according to a DNV-led study. The j…
US-based Pacifico Energy has submitted an investment declaration worth more than 1 billion dollars for its Manho and Jindo Baram offshore wind projects in Korea. Submitted to South Korea's trade ministry at a US investme…
TotalEnergies has completed a transaction with Galp to acquire a 40 percent operated interest in Namibia's PEL83 licence, which holds the Mopane discovery. In exchange, Galp acquires interests in the PEL56 and PEL91 lice…
Flotation Energy has signed a memorandum of understanding with Harbour Energy to collaborate on the assessment of North Sea offshore electrification opportunities. The agreement combines Harbour Energy's extensive experi…
ABS and JB Energy have signed a memorandum of understanding to collaborate on strategic studies for the proposed Aura Sul Wind Project, a floating offshore wind pilot under consideration in Rio Grande do Sul, Brazil. ABS…
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