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02 Nov 26 |
Norway: BW Offshore: 50% owned joint venture awarded NOK 1.94 billion Enova grant for floating offshore wind project BW Offshore hasannounced that Fram Wind Solutions AS, a joint venture between BW Offshore, Grieg Kapital and Fram Green Technology, has received formal confirmation of a NOK 1.94 billion grant from Enova. The grant supports a project based on two 18.5 MW floating wind turbines, the largest in the world, with a combined capacity of 37 MW, using BW Ideol’s patented Damping Pool floating foundation. |
02 Nov 26 |
Norway: Subsea7 awarded contract offshore Norway Subsea7 has announced the award of a substantial contract by Aker BP for the Lyra field development project, formerly known as Kjøttkake, located in the northern part of the North Sea, approx. 44 kms from the Gjøa platform offshore Norway. The Lyra field development will be tied back to the existing Gjøa platform through the NOVA field infrastructure. |
02 Nov 26 |
UK: bp has completed the sale of a 65% stake in Castrol to Stonepeak bp has completed the sale of a 65% stake in Castrol to Stonepeak. bp is using the $6 billion in after-tax proceeds to further reduce financial obligations, in line with its first priority of strengthening the balance sheet. Castrol will now operate as a standalone company with its own management, governance and strategic priorities, and bp will retain a 35% stake. |
02 Nov 26 |
Norway: Aker BP and partner Equinor drill dry appraisal well in the North Sea (15/6-18 S) Aker BP and its partner Equinor have drilled appraisal well 15/6-18 S on the 15/6-10 'Freke' discovery, which was made in 2009. The well did not prove additional volumes, and the resource estimate for 'Freke' therefore remains unchanged. The licensees will now evaluate the discovery and clarify the commercial potential. |
02 Nov 26 |
UK: BW ESS announces commercial operations of Hams Hall Battery Energy Storage System Global energy storage owner-operator BW ESS has announced the start of commercial operations for the first phase of its Hams Hall battery energy storage system (BESS) in the West Midlands. The milestone, achieved last week, brings 350 MW / 1,243 MWh of storage capacity into commercial operation; the largest BESS by storage capacity (MWh) in Europe and a significant step forward in the delivery of infrastructure supporting the UK’s transition to a cleaner, more resilient energy system. |
02 Nov 26 |
UK: Kistos announces acquisition of a 30% interest in the Abbey and Baker gas developments, UK Southern North Sea Kistos, an independent energy company focused on unlocking value within its existing portfolio and through value-accretive M&A, has announced that its wholly-owned subsidiary, Kistos Energy Limited, has entered into a binding farmout agreement with Petrogas North Sea to acquire a 30% non-operated working interest in the UK Seaward Production Licences containing the Abbey and Baker gas fields, together with a 30% interest in the associated infrastructure. |
02 Nov 26 |
UK: Serica Energy secures rig for multi-well UKCS drilling programme Serica Energy has signed a contract for an Odfjell Drilling operated rig the Beacon Pacific, to execute a multi-well UK Continental Shelf drilling campaign targeting high-return, near-field opportunities across Serica’s portfolio. |
02 Nov 26 |
Kazakhstan: Samga Petroleum expands seismic node fleet following seven game-changing projects in Kazakhstan Samga expands seismic node fleet following seven game-changing projects in Kazakhstan. The investment brings Samga’s fleet to 35,000 STRYDE nodes and adds a second Nimble System, enabling larger high-density surveys, parallel project delivery and faster turnaround for exploration clients. |
01 Nov 26 |
UK: Coire Glas pumped storage hydro could support 3,000 UK jobs and £2bn of spending A new independent economic impact study has found that SSE's proposed Coire Glas Pumped Storage Hydro project in the Scottish Highlands could support almost 3,000 UK construction jobs at peak, deliver a near £2 billion spending boost with UK businesses, and generate £1.5 billion in UK economic value for the UK, if approved for delivery. |
01 Nov 26 |
Norway: New appraisal well in the Afrodite discovery shows recoverable gas volumes may be more than twice as large as previously estimated A new appraisal well in the Afrodite discovery near the Kvitebjørn field shows that the recoverable gas volumes may be more than twice as large as previously estimated. The recoverable volumes of gas and condensate are now estimated at between 77 and 180 million barrels of oil equivalent. |
01 Nov 26 |
UK: Major milestone as Secretary of State grants Development Consent Order for Sea Link Sea Link has secured a major planning milestone after the Secretary of State for Energy Security and Net Zero granted development consent for the project. The decision enables National Grid to move Sea Link into its next phase, helping meet the UK’s growing need for secure, home-grown and cleaner power. |
01 Nov 26 |
Germany: Wind and solar power – Vattenfall opens hybrid park Hommerdingen-Biesdorf The Hommerdingen-Biesdorf project in the southern Eifel region is Vattenfall's first hybrid park in Germany and sets standards for joint, cost-effective and grid-supporting electricity generation from sun and wind. |
