(IN BRIEF) Eurogrid GmbH, the parent company of 50Hertz, has secured a one billion euro, ten-year loan agreement with twelve banks as part of a KfW-backed green syndicated financing deal. The loan will fund two offshore grid projects, Ostwind 4 … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 50Hertz Transmission GmbH, 525 kV standard, Baltic Sea, CFO, climate protection, corporate investment, direct current grid connection, Eurogrid GmbH, financing instruments, financing strategy, green loan, green syndicated financing, IKB Deutsche Industriebank, KfW, LanWin 3, Marco Nix, North Sea, offshore grid connections, Ostwind 4, partnership, renewable energy, Rügen, Schleswig-Holstein, sustainability
(IN BRIEF) Equinor UK and Shell UK are joining forces to create the largest independent energy producer in the UK North Sea, combining their offshore oil and gas portfolios into a new joint venture. The company, equally owned by both … Read the full press release
(IN BRIEF) The project to revitalize Cuxhaven’s historic “Alter Fischereihafen” (Old Fishing Port) has moved forward with the approval of the first construction phase. This phase involves converting the former fish market and processing halls (Fischhallen V and VI) into … Read the full press release
Posted in Construction, Germany, News, Real Estate, Travel
Tagged Alter Fischereihafen Cuxhaven, Alter Fischereihafen Cuxhaven GmbH, blueorange Development Partner GmbH, business hotel, Co-working hotel, Cuxhaven, Cuxhaven City Council, Cuxhaven tourism, daycation, design hotel, destination North Sea, DSR Hotel Holding GmbH, family holiday, Food and Beverage, getaway, HENRI Hotel, HENRI Hotel Cuxhaven GmbH, holiday, holiday destination, hotel, hotel Cuxhaven, Karl J. Pojer, Kreissparkasse Stade and Stadtsparkasse Cuxhaven, Long-term travel, Lower Saxony, luxury hotel, Martin Pietsch, Norbert Plambeck, North Sea, Old fishing port Cuxhaven, Plambeck Holding, Plambeck Holding GmbH, Real estate project, restaurants, Spa hotel, Sparkasse Rotenburg Osterholz, TOURISM, travel, travel destination, vacation, vacation destination, vacation destination Germany, Volksbank BRAWO, Volksbank Stade-Cuxhaven, Weser-Elbe Sparkasse
(IN BRIEF) In 2023, TenneT, the transmission system operator, transmitted approximately 19.24 terawatt hours (TWh) of wind energy from the German North Sea to land, while in the Netherlands, it was 4.17 TWh. This energy could theoretically fulfill the annual … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Netherlands, News
Tagged North Sea, Tennet, Tim Meyerjürgens, wind energy
(IN BRIEF) On November 16, 2023, transmission system operators TenneT and Statnett signed a Memorandum of Understanding (MoU) to investigate the feasibility of a hybrid interconnector linking Germany and Norway in the North Sea. Instead of connecting North Sea wind … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Norway
Tagged Germany, Hybrid Interconnector, North Sea, Norway, partnership, Statnett, sustainability, Tennet, Tim Meyerjürgens, wind energy
(IN BRIEF) bp has successfully initiated production from the Seagull oil and gas field in the UK North Sea, marking a significant milestone for energy supply and job support in the region. Developed by Neptune Energy, Seagull serves as a … Read the full press release
(IN BRIEF) Equinor has announced a commercially viable gas discovery near the Gina Krog field in the North Sea. Although the discovery is relatively small, it is considered commercially viable due to its ability to leverage existing infrastructure by the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway
Tagged Camilla Salthe, Commercially Viable Gas, Equinor, Gina Krog Field, KUFPEC, North Sea, partnership, PGNiG, sustainability
(IN BRIEF) Equinor, along with partners Petoro, Vår Energi, and ConocoPhillips, has started production at the Breidablikk field in the North Sea, four months ahead of schedule and within budget. The subsea field, tied to the Grane platform, contains nearly … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Norway
Tagged Breidablikk, Breidablikk field, ConocoPhillips, Equinor, Geir Tungesvik, Grane platform, Kjetil Hove, North Sea, oil, Petoro, Vår Energi, Øygarde
(IN BRIEF) DNV has officially verified the safety of Project Greensand’s CO2 storage in the North Sea. Project Greensand is a pioneering initiative that demonstrates the transportation of CO2 across borders and offshore storage to mitigate climate change. The safety … Read the full press release
(IN BRIEF) EnBW, a German utility, will receive a €600 million loan from the European Investment Bank (EIB) to support the construction of the He Dreiht wind farm in the North Sea. The wind farm will consist of 64 turbines … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Germany, Industrial, Infrastructure & Utilities
Tagged Albatros offshore wind farm, Ambroise Fayolle, Borkum, EIB, Emden, EnBW, Energie Baden-Württemberg AG, energy security, He Dreiht wind farm, Heerema, Helgoland, Hohe See offshore wind farm, HVDC, loan, North Sea, offshore wind farms, Seaway, Steelwind Nordenham, Tennet, The European Investment Bank, Thomas Kusterer, wind farm, wind turbines
(IN BRIEF) Norwegian energy company Equinor has discovered oil and gas near the Troll field in the North Sea for the eighth time since 2019. Named Heisenberg, the discovery well was drilled by the Deepsea Stavanger drilling rig and is … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Norway
Tagged DNO, Equinor, gas, Heisenberg, North Sea, oil, Troll field
(IN BRIEF) Equinor has agreed to acquire an equity interest in five discoveries in the North Sea on the Norwegian continental shelf from Wellesley Petroleum. The discoveries are located in the Troll, Fram, and Kvitebjørn area, where Equinor has made … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Investment, Norway
Tagged Atlantis, Equinor, Fram, gas, Grosbeak, Kjetil Hove, Kvitebjørn, NCS, North Sea, oil, Røver Nord, Røver Sør, Swisher, Toppand, Troll, Wellesley Petroleum AS
(IN BRIEF) Swedish energy company Vattenfall has announced the development of Nordlicht I, a state-of-the-art offshore wind farm with a capacity of 980 MW, located in the North Sea. The wind farm, formerly known as N-7.2, is expected to come … Read the full press release
Posted in Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Investment, Sweden
Tagged alpha ventus, DanTysk, E.ON, electricity, EWE, fossil-free wind power, Matthias Buko, N-7.2, Nordlicht I, North Sea, Offshore wind, offshore wind farm, Sandbank, Stadtwerke München, Vattenfall, wind power, Wind Project
(IN BRIEF) Equinor, a Norwegian energy company, has made another oil and gas discovery, named Røver Sør, close to its Troll field in the North Sea. The size of the discovery is estimated to be between 17 and 47 million … Read the full press release
Posted in Energy, Gas & Oil, Industrial, News, Norway
Tagged Aasta Hansteen field, Blasto, DNO, Echino Sør, Equinor, exploration, exploration well, gas, gas field, Geir Sørtveit, Heisenberg, Kveikje, North Sea, Norwegian oil, oil, Petoro, Røver Nord, Røver Sør, Swisher, Toppand, Transocean Spitsbergen, Troll field, Wellesley Petroleum
(PRESS RELEASE) LONDON, 3-May-2022 — /EuropaWire/ — bp (LON: BP), a British multinational oil and gas company, has announced a massive £18 billion investment in the energy system of the UK aimed at boosting the country’s energy security and net … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Bernard Looney, BP, carbon capture, CCS, Clair, decarbonisation, East Coast Cluster, ECC, electric vehicle charging, EnBW, energy security, energy transition, ETAP hub, EV charging, green hydrogen production, H2 Teesside, hydrogen, HyGreen Teesside, Kate, Mungo, Murlach, North Sea, North Sea oil and gas, Northern Endurance Partnership, NZT Power, Offshore wind, Port of Aberdeen, Redcar, Redcar & Cleveland College, renewable energy, Schiehallion, Teesside, UK, west of Shetland
(COMMUNIQUÉ DE PRESSE) LONDON, 3-May-2022 — /EuropaWire/ — bp (LON : BP), une multinationale pétrolière et gazière britannique, a a annoncé un investissement massif de 18 milliards de livres sterling dans le système énergétique du Royaume-Uni visant à renforcer la sécurité … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Bernard Looney, BP, carbon capture, CCS, Clair, decarbonisation, East Coast Cluster, ECC, electric vehicle charging, EnBW, energy security, energy transition, ETAP hub, EV charging, green hydrogen production, H2 Teesside, hydrogen, HyGreen Teesside, Kate, Mungo, Murlach, North Sea, North Sea oil and gas, Northern Endurance Partnership, NZT Power, Offshore wind, Port of Aberdeen, Redcar, Redcar & Cleveland College, renewable energy, Schiehallion, Teesside, UK, west of Shetland
New offshore standard set by the 2GW Program will accelerate Europe’s energy transition With a combined six gigawatts, BalWin1, BalWin2 and BalWin3 will meet 20 per cent of the expansion targets for offshore wind by 2030 set out in the … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Netherlands
Tagged 2GW Program, BalWin projects, BalWin1, BalWin2, BalWin3, climate neutrality, energy transition, German North Sea, HVDC, Lower Saxony, North Sea, offshore grid connections, Tennet, Tim Meyerjürgens
(PRESS RELEASE) BAYREUTH/ BERLIN, 17-Jan-2022 — /EuropaWire/ — 50Hertz, formerly known as Vattenfall Europe Transmission and one of four transmission system operators for electricity in Germany, has announced a partnership with TenneT, a Dutch transmission system operator, for the transportation … Read the full press release
Posted in Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Netherlands, News, Technology
Tagged 50Hertz, BNetzA, climate-neutral, electricity, Federal Bundesnetzagentur, German power grid, grid, Heide, HVDC, Klein Rogahn, Mathias Fischer, Mecklenburg, North Sea, offshore wind energy, onshore DC lines, onshore hub, Schleswig-Holstein, Schwerin, Stefan Kapferer, Tennet, Tim Meyerjürgens, transmission system operators, Volker Gustedt, Vorpommern, wind power
TotalEnergies opens UK offshore wind hub in Aberdeen ScotWind partners announce £140m initiative for Scottish industry Partners aim for high level of Scottish local content (PRESS RELEASE) PARIS, 18-Oct-2021— /EuropaWire/ — TotalEnergies (EPA: TTE), one of the seven “supermajor” oil … Read the full press release
Posted in Energy, Gas & Oil, Environment, France, Industrial, Infrastructure & Utilities, News, United Kingdom
Tagged Aberdeen, energy projects, Green Energy, Green Investment Group, Macquarie, Mark Dooley, Mike Hay, North Sea, offshore, Offshore wind, Patrick Pouyanné, renewables, RIDG, Scotland, Scottish developer Renewable Infrastructure Development Group, ScotWind, TotalEnergies, UK Offshore Wind Hub, West of Orkney Windfarm
(PRESS RELEASE) STOCKHOLM, 16-Apr-2019 — /EuropaWire/ — The newest available offshore wind power turbine (10 MW) in the North Sea will be deployed by Vattenfall and Siemens Gamesa. Together, both companies plan to install 76 powerful turbines in the Hollandse … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Netherlands, News, Sweden
Tagged Gunnar Groebler, Hollandse Kust Zuid, North Sea, offshore wind power, Siemens Gamesa, turbines, Vattenfall, wind farm
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