The offshore wind industry is expected to play a major role in helping several states and U.S. President Joe Biden meet goals to decarbonize the power grid and combat climate change.
The Sparta development will be the first of Shell’s replicable projects to feature all-electric topside compression equipment, significantly reducing greenhouse gas intensity and emissions from our own operations.
Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement whereby Equinor will divest all its remaining assets in Azerbaijan to SOCAR.
Wintershall Dea, in collaboration with its partners DNO Norge and Equinor, has successfully completed the drilling of an appraisal well at the Bergknapp discovery in the Norwegian Sea.
SPIE announces the acquisition of 85% of Correll Group, a leading player in engineering, installation, and maintenance services in the offshore wind sector.
The project can add 320 GWh of renewable energy to the Hammerfest region. The park is planned to be in operation in 2027 so that the experience can be used further in Norway's floating offshore wind investment, including at Utsira Nord.