Britain’s bp exits Canadian oil sands and snaps up stake in offshore project

It is divesting its interest in the Sunrise oil sands project while buying a 35% interest in the Bay du Nord oil project from Cenovus Energy

UK oil and gas firms to put £250bn into low carbon energy by 2030

New analysis has uncovered how spending may look for these companies in the next decade

McDermott secures largest renewable energy project

The 980MW offshore converter platform will be built 118 miles offshore from Germany

New £1.6m simulator to ‘transform’ decommissioning in the North Sea

The suite can undertake detailed marine technology and operational simulations as well as complex data modelling and visualisation

Offshore CCS project in Denmark to be trialled

It is estimated Project Greensand will have the capacity to store up to 8 million tonnes of carbon dioxide per year

Dutch Government backs ‘world’s first’ offshore green hydrogen project on oil platform

Neptune Energy is hosting the PosHYdon project – which aims to validate the integration of offshore wind, offshore gas and offshore hydrogen in the Dutch North Sea – on its Q13a-A platform

First foundation successfully installed at Hornsea 2

A total of 165 foundations are to be installed at what will become the world’s largest offshore wind farm

‘Taiwan to build around 15GW of new offshore wind capacity by end of 2035’

GlobalData predicts the country’s offshore wind market is ‘set to grow multifold’ as its energy sector transitions towards the national goal of achieving a more sustainable power mix

‘China will make up more than a quarter of all offshore wind power by 2030’

That’s the prediction from GlobalData, which forecasts new capacity additions from China, the UK and the US will drive global capacity, causing it to soar sevenfold by the end of the decade

Danske Commodities signs 15-year PPA for 480MW of capacity from Dogger Bank

The offshore wind farm is the biggest in the world and boasts a total capacity of 3.6GW, enough to supply 4.5 million homes with renewable power