News

  • Nord Stream reaches gas export milestone

    Nord Stream AG has delivered 400 bcm of gas to the European Union through the twin Nord Stream 1 offshore pipeline system in the Baltic Sea.   The milestone occurred on the 19th April.   Deliveries first started in November 2011.   Source: Offshore Magazine

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  • TU Delft Simulations Help Optimise Solar Cell Efficiency

    An international photovoltaics working group has developed a new transparent material to serve as a top layer for solar cells, based on nanocrystals.   According to simulations performed by the participating TU Delft researchers, this layer can increase the efficiency of mass-produced – and affordable…

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  • Vestas to Expand Wind Power Capacity in the Faroe Islands

    Vestas has secured an order for turbine supply at the 25 MW Torshavn onshore wind project, located just outside the capital of the Faroe Islands, from Vindrøkt Sp/f, a special purpose vehicle owned by Røkt and Effo.   Six V117-4.2 MW Vestas turbines will power…

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  • Chevron Eyes Hydrogen Alliance with Automaker

    The Chevron Products Company division of Chevron USA Inc and Toyota Motor North America, Inc have reached a memorandum of understanding (MoU) to pursue a strategic alliance on hydrogen, Chevron reported on the 21st April.   Under the MoU, the companies will explore an alliance…

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  • Ireland: Barryroe farm-out terminated over funding issues

    Oil and gas company Providence Resources has terminated its farm-out agreement with SpotOn Energy for the Barryroe project off Ireland because the key financing conditions have not been met.   Providence, as the operator of the project, signed the farm-out agreement with SpotOn Energy for…

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  • Dutch firms unveil US offshore wind feeder vessel design

    Ampelmann and C-Job Naval Architects have developed a Jones Act-compliant feeder vessel concept with motion compensation technology to support construction of offshore wind farms in the US.   Todd Allen, VP Business Development at C-Job Naval Architects, said: “The United States is ambitious in its…

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  • Equinor to put new oil & gas find on stream immediately

    Norwegian energy giant Equinor and partners Total and Vår Energi have struck oil and gas in a new segment belonging to the Tyrihans field in the Norwegian Sea. The discovery will be put on stream immediately.   Recoverable resources are so far estimated at between…

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