Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

CIP acquires Ørsted’s European onshore business

Wind Energy – Acquisition

Copenhagen Infrastructure Partners (CIP) has agreed to acquire Ørsted’s European onshore business, which has over 800 MW in operation and under construction, along with a multi-gigawatt development pipeline across Ireland, the UK, Germany, and Spain.

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Transocean Equinox spuds first well for Amplitude

Fossil Energy – Drilling

Amplitude Energy has announced that drilling has started on the first East Coast Supply Project (ECSP) well offshore Australia, with the Transocean Equinox rig spudding the Elanora-1 on 25 January 2026.

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Dominion installs first CVOW turbine tower off Virginia Beach

Wind Energy – CVOW

Dominion Energy’s $11.2 billion Coastal Virginia Offshore Wind (CVOW) project off Virginia Beach‘s coast reached a major milestone last week, with the installation of the project’s first turbine tower.

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New Studies for Egypt–Greece GREGY Power Interconnection

General – EC Funding

Recently, the European Commission announced that it will allocate €9.6 million to finance additional studies related to the GREGY electricity interconnection project between Egypt and Greece.

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Highest net output in over 40 years for ExxonMobil

Fossil Energy – Production

ExxonMobil yesterday announced that its net production reached the highest level in more than 40 years in 2025, with Guyana a central contributor as the company reported full-year earnings of US$28.8 billion.

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OWFs owned by CIP, JERA Nex BP enter lease with Crown Estate

Wind Energy – Mona and Morecambe OWF

The 1.5 GW Mona offshore wind farm, which JERA Nex BP owns, and the 480 MW Morecambe wind farm, which is owned by Copenhagen Infrastructure Partners (CIP), have entered into a lease agreement with the Crown Estate.

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SCV ready for inter-array cable installation

Wind Energy – Cable Installation

DeepOcean has upgraded a multifunctional subsea support and construction vessel that it chartered from Olympic Subsea, equipping it with the capacity to lay and install cables for offshore wind.

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