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HomeNorth Sea

North Sea

TotalEnergies
International News

TotalEnergies secures 1.5GW offshore wind lease in German North Sea

June 24, 2024 Mariel Alumit

TotalEnergies, through its role in Offshore Wind One GmbH, has secured a new lease, N-11.2, in the German North Sea. Covering 156 square kilometres near Heligoland, this lease will allow TotalEnergies to develop a 1.5GW […]

Commodities

Week Recap: Fossil Fuels Resurge, Green Costs Rise, and PetroYuan’s Reality

June 15, 2024 Andy Del Prado

Weekly Daily Standup Top Stories New Zealand to lift oil drilling ban amid blackout fears in blow to Starmer June 9, 2024 Stu Turley New Zealand was on Saturday night expected to revoke a ban on […]

Crude Oil News

More Blackouts in TX?!

June 10, 2024 Andy Del Prado

Daily Standup Top Stories New Zealand to lift oil drilling ban amid blackout fears in blow to Starmer June 9, 2024 Stu Turley New Zealand was on Saturday night expected to revoke a ban on drilling […]

New Zealand
Crude Oil News

New Zealand to lift oil drilling ban amid blackout fears in blow to Starmer

June 9, 2024 Stu Turley

New Zealand was on Saturday night expected to revoke a ban on drilling for oil and gas amid fears of blackouts, as Labour plans to impose a similar crackdown on the North Sea. The country’s coalition government […]

Norwegian oil and gas companies
Crude Oil News

Norwegian oil and gas companies to spend $24 billion in 2024

May 28, 2024 Mariel Alumit

(Bloomberg) – Oil and gas companies operating on the Norwegian Continental Shelf will spend 247 billion kroner ($24 billion) this year, reflecting growth in investments for exploration and on existing fields. Spending on oil and […]

Offshore Wind Farms
International News

Top German Utility to Build 1.6 GW Offshore Wind Farms in the North Sea

May 28, 2024 Mariel Alumit

Utility giant RWE has taken the investment decision to build two offshore wind farms with a total capacity of 1.6 gigawatts (GW) in the German North Sea, Germany’s biggest power producer said on Monday. RWE took the […]

Net-Zero
Crude Oil News

Net-Zero Comes With Insane $215 Trillion Price Tag

May 23, 2024 Mariel Alumit

The world would need as much as $215 trillion in cumulative investments to achieve a fully decarbonized global energy system by 2050, research provider BloombergNEF (BNEF) said in a report on Tuesday. This investment would be 19% […]

North Sea
Big Oil Companies

North Sea drilling to extend beyond net zero

May 7, 2024 Mariel Alumit

North Sea oil drilling is set to persist for years beyond Britain‘s net zero deadline, with officials granting approval for 31 new licences for oil and gas exploration. These licences, allocated to fossil fuel companies, […]

Norway
Exploration and Production

Norway to extend life of mature Brage oil and gas field in North Sea with new Bestla offshore tie-in

April 30, 2024 Mariel Alumit

(Bloomberg) – Norway will add a new offshore oil and gas development in the North Sea, extending the life of a nearby field that has been in operation for over three decades. Okea ASA will […]

Norway and UK
Energy Crisis

Norway and UK join forces to safeguard North Sea energy infrastructure

April 12, 2024 Mariel Alumit

Norway and the UK have united to safeguard critical energy and telecommunications infrastructure in the North Sea, highlighting a shared commitment to security and resilience. Minister of Energy Terje Aasland of Norway underscores the partnership’s […]

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