France Plans $55 Billion in Windfarms as Offshore Projects Gain Momentum

Researched by Industrial Info Resources (Sugar Land, Texas)--The COVID-19 pandemic has failed to slow investment in France's wind energy sector. The bulk of the…

Industrial Info | Offshore | Offshore Oil & Gas Projects | IIR | Construction | Wind Projects

Industrial Info

Wed Apr 28 2021

Europe To Stop Funding Oil & Gas Infrastructure Projects

Europe is planning to end financial support for oil and gas infrastructure projects as it drives forward its carbon neutrality plans. The European Commission has…

Industrial Info | Oil & Gas | Renewable Energy | Offshore Oil & Gas Projects

Industrial Info

Wed Dec 23 2020

Finance Agreed for World's Largest Offshore Windfarm

The partners behind the world's largest proposed offshore windfarm have agreed financing for the first two phases, amounting to £6 billion ($8 billion). Oil and…

Offshore Oil & Gas Projects | Industrial Projects | Industrial Info | Power | Renewable Energy

Industrial Info

Wed Dec 09 2020

BP, Shell Lead in New Well Development in Gulf of Mexico

BP plc and Shell Offshore Incorporated are drilling seven and six new wells, respectively, in the Gulf of Mexico. Most of BP's new wells are…

drilling | Oil & Gas | Crude Oil | Oil | Offshore | Offshore Construction | Offshore Oil & Gas Projects | Natural Gas | LNG | LNG Exports | LNG Projects

William Ploch

Tue Mar 05 2019

Offshore Oil & Gas Industry Has Stable Project Pipeline

With the global crude oil market in a supply glut, it may seem counterintuitive that spending money on deepwater or other offshore production infrastructure would…

Offshore | Oil & Gas | Project Spending | OTC | Offshore Construction | Offshore Oil & Gas Projects

Industrial Info

Fri Apr 28 2017

France Plans $55 Billion in Windfarms as Offshore Projects Gain Momentum

Researched by Industrial Info Resources (Sugar Land, Texas)--The COVID-19 pandemic has failed to slow investment in France's wind energy sector. The bulk of the investments are for onshore wind installations, but offshore facilities are picking up pace. To fulfil its climate and energy goals, France plans to continue construction of windfarms to bridge the gap in its installed base, »

Europe To Stop Funding Oil & Gas Infrastructure Projects

Europe is planning to end financial support for oil and gas infrastructure projects as it drives forward its carbon neutrality plans. The European Commission has proposed reforms to the Trans-European Networks for Energy (TEN-E) regulation which oversees cross-border energy projects across electricity, gas, smart grids, oil, and CO2 networks. Known as Projects of Common Interest (PCI), they are eligible for »

Finance Agreed for World's Largest Offshore Windfarm

The partners behind the world's largest proposed offshore windfarm have agreed financing for the first two phases, amounting to £6 billion ($8 billion). Oil and gas major Equinor (NYSE:EQNR) (Stavanger, Norway) and SSE Renewables are 50:50 partners in the U.K.-based Dogger Bank windfarm project, which is split into three phases--Dogger Bank A, Dogger Bank B, and »

BP, Shell Lead in New Well Development in Gulf of Mexico

BP plc and Shell Offshore Incorporated are drilling seven and six new wells, respectively, in the Gulf of Mexico. Most of BP's new wells are its Mad Dog Platform. Shell's new wells are mostly at the Olympus and Perdido Spar platforms. The Bureau of Ocean Energy Management (BOEM) lists 45 new wells as currently being drilled. Behind BP and Shell, »

Offshore Oil & Gas Industry Has Stable Project Pipeline

With the global crude oil market in a supply glut, it may seem counterintuitive that spending money on deepwater or other offshore production infrastructure would be an economically feasible move. Looking at projects being tracked by Industrial Info, the global trend shows a healthy amount under construction, balanced with a similar amount of work in the planning stage. A large »