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

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

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

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

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

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

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

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

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

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