Ineos to Upgrade Forties Pipeline
gas.Ineos said it would also invest 350 million pounds in a new energy plant at the 200,000-bpd Grangemouth oil refinery in Scotland, and an additional 150 million pounds in a new petrochemicals facility in the northern English city of Hull.($1 = 0.7529 pounds)(Reporting by Amanda Cooper; Editing by Dale Hudson and Jason Neely
World’s Largest Offshore Wind Farm Opens
50 percent of the value of the project over its lifetime will have come from UK sources," he said.Walney Extension is a shared-ownership project between Orsted (50 percent) and two Danish pension funds - PFA and PKA (25 percent each).($1 = 0.7726 pounds)(Reporting by Susanna Twidale; Editing by Dale Hudson
Fugro H1 Profit Boosts Shares
.The oil services industry took a big hit from a crash in oil prices that started in 2014, but with prices having more than doubled from 2016 lows and set to hold steady into 2019, the outlook is more favorable.($1 = 0.8562 euros)(Reporting by Tommy Lund and Anthony Deutsch; Editing by Sunil Nair and Dale Hudson
Beatrice Offshore Wind Farm Produces First Power
in spring 2019. It will have capacity of nearly 600 MW and be capable of supplying around 450,000 homes with power.Beatrice Offshore Windfarm Ltd is a joint venture between SSE, Copenhagen Infrastructure Partners and Red Rock Power Ltd.($1 = 0.7693 pounds)(Reporting by Nina Chestney; Editing by Dale Hudson
Mappers Look to Chart World's Ocean Floor by 2030
community."The United Nations has adopted a resolution to have a decade of ocean science for sustainable development running from 2021 to 2030. And during that decade I'm very confident we will have totally mapped the floor of the ocean."(Additional reporting by Stuart McDill; Editing by Dale Hudson
Statoil to Become Equinor, Dropping 'Oil'
by Swedish firm Universum.Truls Gulowsen, head of Greenpeace Norway, said the name change would not be sufficient to improve Statoil's image as long as the firm was exploring in vulnerable areas, such as the Arctic or the Great Australian Bight.(Additional reporting by Ron Bousso; Editing by Dale Hudson
All Turbines Linked to Grid at Rampion Offshore Wind Farm
in Sussex.In March, British wind power output hit a record high at 14.2 gigawatts, accounting for about 34 percent of domestic electricity generation. Wind power is needed to bridge a supply gap as old nuclear plants and coal-fired power stations close.(Reporting by Sabina Zawadzki; Editing by Dale Hudson
Scottish $2.6 Bln Offshore Wind Project Green Lighted
with the RSPB to take the wind farm into construction next year," Andy Kinsella, Mainstream Power's chief operating officer, said in a statement. The RSPB could not immediately be reached for comment. ($1 = 0.7673 pounds) (Reporting by Susanna Twidale; Editing by Dale Hudson
Faroe Islands Looks to Restart Hunt for Oil and Gas
oil price is a challenge ... on the other hand, the oil industry has also reduced its costs," he said. Companies including Norway's Statoil and DONG Energy have previously held licences in the Faroe Islands, where no firm currently holds any. (Reporting by Stine Jacobsen; Editing by Dale Hudson
February 2024
