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01 Dec 25 |
Poland: Ocean Winds has reached Financial Close for its BC-Wind project in Poland Ocean Winds, international company dedicated to offshore wind energy and established as a 50-50 joint venture between EDP Renewables and ENGIE, has secured an around €2 billion project finance and reached Financial Close for its first offshore wind farm in the Baltic Sea. |
01 Dec 25 |
UK: New decom table highlights named operators’ performance Thirteen operators who have fallen behind in their decommissioning obligations have been named in the North Sea Transition Authority’s (NSTA) first published table of the North Sea well decommissioning deficit. The table displays operators who have missed their consent deadlines for fully decommissioning a total of 153 inactive wells. |
01 Dec 25 |
UK: RenewableUK welcomes Chancellor’s Budget commitments to cut energy bills, speed up planning system and remove hydrogen tax Commenting on the Chancellor’s Budget announcements, RenewableUK’s Deputy Chief Executive Jane Cooper said: 'We’re pleased to see the Chancellor has supported our call to drive domestic electricity bills down by moving some energy policy costs into general taxation. It’s fairer, as it’s based on people’s ability to pay, so families on low incomes will benefit most. |
01 Dec 25 |
UK: RWE to build its largest battery energy storage facility in the UK RWE, the UK’s leading electricity generator, and the largest power producer in Wales, is powering ahead with its largest UK storage project -Pembroke Battery Storage, taking a final investment decision. |
01 Dec 25 |
Fugro and Fermi partner on accelerated clean energy site development Fugro and Fermi Development have entered a strategic partnership to deliver a portfolio of development projects in the UK, suitable for small or advanced modular reactors. |
01 Dec 25 |
UK: Equinor and Shell complete formation of Adura Equinor and Shell have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura, which launched today, will be the UK North Sea’s largest independent producer. |
01 Dec 25 |
UK: Subsea7 awarded decommissioning contract offshore UK Subsea 7 has announced the award of a sizeable contract by Ithaca Energy, for the provision of off-station decommissioning services for the Alba Floating Storage Unit and Greater Stella field FPF-1 production facility, approximately 230 kms east of Aberdeen. |
01 Dec 25 |
UK: Centrica completes Grain LNG acquisition Centrica has announced completion of its Grain LNG acquisition in partnership with Energy Capital Partners ('ECP') from National Grid for an enterprise value of £1.5 billion. After taking into account £1.1 billion of new non-recourse project finance debt, Centrica's 50% share of the equity investment is approximately £200 million. |
01 Dec 25 |
UK: Government’s Gas Supply Security Assessment shows need for immediate Energy Profits Levy reform Offshore Energies UK says the government’s own figures on Gas Security, released on the same day as the Budget, underline both a national energy security risk and the damage of its policies on North Sea energy. The leading trade body is intensifying its campaign for a homegrown energy future. |
01 Dec 25 |
Norway: Aker Solutions awarded substantial M&M contract by ConocoPhillips for the Eldfisk and Ekofisk fields offshore Norway Aker Solutions has signed a six-year frame agreement with ConocoPhillips Skandinavia, which includes an option to extend the contract for up to two additional three-year periods. The contract is an extension for brownfield maintenance and modification (M&M) services on the Eldfisk and Ekofisk fields offshore Norway |
01 Dec 25 |
UK: Dogger Bank Wind Farm and Seaway7 mark completion of all foundations on world’s largest offshore wind farm Dogger Bank Wind Farm and delivery partner Seaway7 have installed all 277 transition pieces on Dogger Bank Wind Farm, marking the completion of all foundation installation work on the 3-phase offshore wind project in the North Sea. |
01 Dec 25 |
Finland: Fortum acquires 4.4 GW of Finnish Wind Projects from ABO Energy ABO Energy has completed the sale of a 4.4-gigawatt (GW) wind energy portfolio in Finland to Fortum, a leading Finnish energy company. The transaction, which closed on November 28th, includes 29 wind power projects across the country. |
