Latest News Europe
Europe remains the bastion of wind energy where Germany leads the region in onshore capacity, the UK leading the offshore markets, and countries like Denmark and the Netherlands ushering the EU toward a fossil free future through their commitments to renewable technologies.
The EU continues to strengthen its position on green energy through its targets for renewably sourced electricity and is working hard toward an energy sharing network to enable complimentary generation capacity to be exchanged as needed.
Market leaders such as Siemens and Vestas work closely with entities like Vattenfall, DONG Energy and Statoil, providing state-of-the-art wind farms for national energy providers working in close conjunction with Europe’s grid operators. As such, their combined expertise is the driving force behind some of the most significant innovations within the industry, and their commitment to investing into ongoing research and development programs are producing world leading technologies. Hornsea Project One will have the capacity to provide power to one million homes, which is a genuine milestone achievement for an offshore wind farm, and demonstrates how advanced Europe’s wind energy solutions have become. Projects such as Vattenfall’s Kriegers Flak have also shown the World how cost effective wind power can be and is paving the way to removal of wind energy subsidies. These developments are crucial to wind power becoming a ubiquitous part of our energy landscape and reducing electricity costs for the consumer.
The technologies being developed within Europe now to support wind energy generation and storage will have far reaching and lasting consequences for the World as their refinement and development has knock on effects for electrically powered travel and for mobile digital communications. InDepth NRG will remain heavily invested in Europe’s energy market place reporting on each new development and looking at their ramifications for our industry and our planet.
LUKOIL board of directors approved industrial safety performance and reviewed reserves additions results
November 16, 2017 At a meeting held in Moscow today, the LUKOIL Board of Directors approved the Company’s progress results in the area of industrial safety and labor protection and continued further improvement of the related Management System. Special attention will be given to the quality enhancement of subcontractors’ requirements.
24 October 2017 Heerema Marine Contractors (HMC) today announces the intention to implement a restructuring of the company. The restructuring is related to the continuing low oil price and historic low investments in the oil and gas industry resulting in an increasingly competitive market. With market conditions and the outlook
Chrysaor has awarded Sparrows Group a three-year crane management services contract for the three operating assets it will take ownership of from Shell in November. The operator will become the largest independent E&P company in the region following the US $3 billion deal with Shell earlier this year to acquire
Rockwell Automation to Showcase its Digital Oilfield and ConnectedProductionTM Solutions for Increased Profitability in the Oil & Gas Sector at ADIPEC 2017
Rockwell Automation to demonstrate how knowledge-driven solutions are the key to improving oil and gas businesses’ operational efficiency and bottom-line productivity. Dubai, UAE, Oct. 18, 2017– Rockwell Automation, the world’s largest company dedicated to industrial automation and information, will showcase its Digital Oilfield and ConnectedProductionTM solutions at the booth
10/10/2017 Gas4Sea partners – ENGIE, Mitsubishi Corporation and NYK – have been selected by Norwegian multinational energy group Statoil to be their LNG marine fuel supplier in the port of Rotterdam, in the Netherlands, for four crude shuttle tankers. The four planned dual fuel vessels are to come into service
09 October Rosneft closed the deal to acquire a 30% stake in the concessions agreement for the development of Zohr field, the largest gas field in the Mediterranean Sea, from Italian company Eni S.p.A. The cost of Rosneft stake acquisition is USD 1.125 bln. The Company also refunded its share