Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Britain’s Octopus Energy buys 10% stake in Dutch offshore wind farm

Wind Energy – Borssele Stake

According to Reuters Britain’s Octopus Energy has acquired a 10% stake in the Borssele III & IV offshore wind farm in the Dutch North Sea for an undisclosed sum, part of a wider $20 billion offshore wind investment plan.

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Partnership agreement for FPSO CO2 Capture Solution

General – CO2 Capture

SBM Offshore and Mitsubishi Heavy Industries (MHI) today announced the signing of a Partnership Agreement that will offer a CO2 capture solution for Floating Production Storage and Offloading vessels (FPSO) as they are producing oil and gas from offshore reservoirs.

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UK government approves licences to store 30 million tonnes of CO2

General – CO2 Storage

In a move strongly endorsed by Offshore Energies UK (OEUK), the North Sea Transition Authority has today (September 15) awarded licences to companies to permanently store millions of tonnes of CO2 under the UK seabed through a technology known as ‘carbon capture and storage’ (CCS).

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