KrisEnergy, a Southeast Asia-focused oil company, has started proceedings against FPSO owner Rubicon at the High Court of Justice Business and Property Courts of England and Wales.The oil company is reacting to a claim recently made by Rubicon demanding a $2…
Australia will need to import liquefied natural gas (LNG) by 2024 for its southern states to avoid shortfalls unless more gas fields are developed locally and pipelines are expanded, the country's energy market operator said on Friday.Despite…
The Australian Government has selected Fugro to join the HydroScheme Industry Partnership Program (HIPP) to increase Australia’s hydrographic industry capability.The panel of industry partners was chosen as part of a long-term strategy to ensure safe shipping routes…
British energy market regulator Ofgem has launched an investigation into National Grid and Scottish Power’s delivery of a high-voltage direct current (HVDC) subsea cable which carries energy from Scottish windfarms to north Wales.The Western HVDC - known as Western Link - is a £1…
The Offshore Renewable Energy (ORE) Catapult launched a new multimillion dollar national Floating Offshore Wind Center of Excellence to drive forward the development of next generation offshore wind technologies.The initiative is backed by up to £500…
Macquarie Infrastructure and Real Assets (MIRA) has agreed to lift its shareholding in the 576-MW Gwynt y Mor offshore wind farm in the UK by purchasing an additional 10% stake for an undisclosed sum.MIRA has managed a 10 per cent stake in Gwynt…
The Crown Estate has officially opened the Offshore Wind Leasing Round 4, which will offer seabed rights for at least 7GW of new projects in the waters around England and Wales.'The Pre-Qualification Questionnaire (PQQ) for Offshore Wind Leasing…
The Crown Estate, which acts as manager of the seabed around England, Wales and Northern Ireland, has hosted a Round 4 bidders day to give offshore wind developers further insight into how it will run the 7GW seabed rights auction.More than…
The Crown Estate has launched its Round 4 offshore wind leasing competition for the rights to develop at least 7GW of new capacity off England and Wales.The Offshore Wind Industry Council (OWIC) has hailed today’s launch as a major step forward…
The seabed landlord Crown Estate has presented a revised tender design for offshore wind leasing round 4 for offshore wind sites off England, Wales and Northern Ireland. The UK Crown Estate holds rights to seabeds around British Isles for wind and wave power…
Private markets investor Partners Group has provided equity financing for the 500-MW Greenlink interconnector, the subsea connection between Wales and Ireland in exchange for a stake in the scheme.To-date, Greenlink has been developed by Element Power…
Australia has painted itself into a corner with its natural gas industry and faces the stark reality that there are no easy choices to alleviate the dual problem of a looming supply crunch and the associated higher prices.Australia is far from the first country to find itself with an energy issue…
Australian company Talon Petroleum has agreed to buy 100% of EnCounter Oil in line with its target to scale-up its UK North Sea portfolio.The acquisition, which is for an undisclosed amount and subjected to shareholder approval, is more than doubling the size of Talo's North Sea portfolio…
Marine energy developer Minesto has achieved initial electricity generation with its first commercial-scale marine energy kite during the commissioning program of the company’s ground-breaking low-flow tidal energy project in Wales.“We are entering…
Granada further extend their offshore portfolio with a major contract win from Smulders, to design, manufacture, deliver and commission 90 of their unique Python cranes, one to be fitted to each of the transition piece platforms for Triton Knoll…
