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How We Grew In 2023: StormGeo Shipping Product Updates – StormGeo
Category: Business News
Taking a look back at 2023, it has been a year filled with growth for the StormGeo community. As we rush into leading innovation in maritime technology for 2024, let’s reflect on our 2023 milestones and sneak a peek at what is coming in the new year. Where StormGeo focused on innovation in 2023: We […]
Source: StormGeo
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Equinor to take full ownership in Empire Wind through a swap transaction with bp in the US
Category: Business News
Under the agreement, Equinor will take 100% ownership of Empire Offshore Wind Holdings LLC. Subject to certain conditions, Equinor will also take over bp’s 50% share of the South Brooklyn Marine Terminal (SBMT) lease. Bp will take over Beacon Wind Holdings LLC and the associated project company that holds the Astoria Gateway for Renewable Energy […]
Source: Equinor
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62 new production licenses offered in the APA 2023 licensing round
Category: Business News
The Norwegian Ministry of Energy offers 62 new production licenses on the Norwegian continental shelf in the APA 2023 licensing round. Last year, 47 licenses were awarded. – Awarding new licenses through the Awards in Predefined Areas is a pillar in the continued development of the Norwegian shelf. To see such great interest in further […]
Source: Regjeringen
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Norway’s Oil and Gas Companies to Step Up Exploration This Year
Category: Business News
Norwegian oil and gas companies will drill more exploration wells this year as the country seeks to maintain its position as a key supplier to Europe. Between 40 and 50 wells are expected to be completed, up from 34 last year, the Norwegian Offshore Directorate said Thursday. More than half of the 23 wildcat wells undertaken last year […]
Source: Bloomberg
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Empire Wind 2 offshore wind project announces reset, seeks new offtake opportunities
Category: Business News
Equinor and bp today announced an agreement with the New York State Energy Research and Development Authority (NYSERDA) to terminate the Offshore Wind Renewable Energy Certificate (OREC) Agreement for the Empire Wind 2 project, an offshore wind project in the US with potential generative capacity of 1,260 MW. This agreement reflects changed economic circumstances on […]
Source: Equinor
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