Statkraft sole operator of offshore wind farm in Norfolk

Norwegian renewable energy firm Statkraft is to take over the sole responsibility as operator of a wind farm off the coast of Norfolk. Scira Offshore Energy Ltd, the current operator and a joint venture company owned by Statkraft and Statoil, will remain as the legal entity while employees will be transferred to Statkraft. The move […]

New North Sea oil discovery for Statoil

Norwegian oil and gas company Statoil has made a new oil discovery near its Grane field (pictured) in the North Sea. The estimated volume of the find is said to be between 18 – 33 million barrels of recoverable oil. Tore Loseth, Vice President for exploration in the North Sea said: “We are pleased with […]

Statkraft’s £70m wind farm in Scottish Highlands

Energy giant Statkraft is set to build a second onshore wind farm in the Scottish Highlands with an investment worth £70 million. The Norwegian firm has already started construction work on the 66.7MW Berry Burn Wind Farm near Inverness, which will include a total of 29 wind turbines, each with an output of 2.3MW. The […]

Former Russian Minister last hope for Coryton

A former Russian energy Minister is bidding to stop the Coryton refinery from closing down, according to newspaper reports. The news comes after the UK Government announced last week that it won’t be providing the refinery any support. Igor Yusufov emerged as the sole bidder for the bankrupt refinery and could potentially save the jobs […]

New major oil discovery in the Barents Sea

Norwegian energy company, Statoil, has made a major oil discovery in the Havis prospect in the Barents Sea. This is reported to be the second high-impact discovery in nine months following its earlier Skrugard find. According to Statoil, the Havis prospect may hold recoverable oil equivalent of up to 200 to 300 million barrels. This […]