Tag: Statoil

Statoil Acquires 50% Interest In 1.2 Gigawatt Polish Offshore Wind Farms

Norwegian oil and gas giant Statoil has announced this week it has signed an agreement to acquire a 50% interest in the early phase development of two offshore wind farms in Poland...

The World’s First Floating Wind Farm has Already Exceeded Expectations

Hywind is the first commercial floating wind farm, located more than 15 miles off the coast of Aberdeenshire, Scotland in the North Sea. Built by Norwegian conglomerate Statoil, the six turbines came...

Statoil Chooses Younicos To Supply Battery Storage For Hywind Scotland Floating Wind Project

Statoil, the energy company backed by the Norwegian government, is the majority partner in the Hywind Scotland offshore floating wind farm that began operations in the past few weeks — the first...

Steep Cost Reductions Confirmed as Ribbon Cut on Giant Dudgeon Offshore Wind Farm

The giant 402MW Dudgeon offshore wind farm off the coast of Norfolk was officially opened yesterday, providing further evidence costs are falling sharply across the industry. Operator Statoil and its partners Masdar and...

Statoil Launches “World’s First” Floating Wind Energy Project, Hywind Scotland — Where Will It Lead?

The Norwegian oil firm Statoil confirmed years ago its final investment decision to develop what is now the “world’s first” floating wind energy project — the Hywind wind farm pilot park offshore...

DONG Energy Boosts Earnings Expectations as it Finalises Fossil Fuel Sell-Off and Eyes Renewables Opportunity

Danish wind giant DONG Energy has improved its earnings expectations for the year following a surge in profits in the three months to June 2017. In its first financial results since reaching an...

Siemens Gamesa Installs 6 Megawatt Wind Turbines On Floating Foundations For Hywind Scotland

Newly anointed Siemens Gamesa has completed the installation of five 6-megawatt turbines on floating foundations in Stord, Norway, to be then towed to Scottish waters to be installed at what will then...

Oil Giants Need to Invest Heavily in Renewables by 2035, Says Analysis

More than a fifth of investment by the largest oil and gas companies could be in wind and solar power in just over a decade, according to analysis of how global changes...

SSE and Statoil Buy Out Statkraft’s Stake in Dogger Bank Offshore Wind Pojects

Statkraft has sold its entire stake in four planned offshore wind projects in the Dogger Bank zone off the North East coast of England, with SSE and Statoil snapping up the 25...

Statoil Eyes Wind Growth

Norwegian oil major Statoil plans to invest up to 20% of capital expenditure in other areas, such as offshore wind, by 2030. Chief executive Eldar Saetre said in a presentation of the company’s...

Norway’s Biggest Oil Company to Build Huge Offshore Wind Farm Off Coast of New York

If everything goes to plan, New York City and Long Island will be harnessing the Atlantic Ocean's strong and dependable winds as a source of renewable energy. Norway's biggest oil company will be...

Statoil the Winner of US Federal Lease Auction for Wind Area Offshore of New York

Statoil said Dec. 16 that it has been declared the provisional winner of the U.S. government’s wind lease sale of 79,350 acres offshore New York. Statoil will now have the opportunity to explore...

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