North Sea
The service company will provide the offshore converter platforms in the North Sea
The Danish Parliament has approved the cancellation of new oil and gas permits
The sell off is the latest step in BP’s planned programme of £7.6bn of divestments by the end of 2020
Oil and Gas Authority says response to latest round was greater than earlier Offshore Licensing Round
The discovery has been made at the Echino South prospect near the Fram field
The field has expected recoverable reserves of 2.7bn barrels of oil equivalent
Ocean Breeze Energy owns and operates the BARD Offshore 1 wind farm, believed to be Germany’s ‘most productive’ project of its kind
The Norwegian energy giant has also launched a share buyback of up to $5 billion
They say the oil and gas industry produces 2.5 quintillion bytes of data every day but only 1% of this is analysed, which they believe is a ‘missed opportunity’
It has received backing from major companies including BP, Equinor, Shell, Siemens, Total and Wood
