The representatives of a number of European energy industry associations and universities have issued a joint letter, urging for the adoption of a European-wide 45% or higher renewable energy target by 2030 to counteract rising energy prices.

A new agreement signed between an oil and gas operator and a green energy and infrastructure developer will see the creation of one of the UK’s first wind-powered oil and gas production facilities.

Green energy infrastructure developer Cerulean Winds has revealed it will bid for four seabed lease sites with a combined capacity of 6 GW of floating wind to decarbonise the UK’s oil and gas sector under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round.

RTE Réseau de Transport d’Electricité has issued a tender for offshore unexploded ordnance (UXO) survey along the export cable routes of the Centre Manche 1 & 2 (AO4 auction) and South Britanny (A05 auction) offshore wind farm grid connection projects.

MMA Offshore has added its first Taiwanese vessel to its fleet following the reflagging of the multipurpose vessel MMA Crystal.

French green hydrogen technology developer Lhyfe has started working on the installation of an electrolyser on Geps Techno’s hybrid renewable energy platform, which will produce green hydrogen from marine renewable energy sources.

The North Sea Transition Authority (NSTA) has launched the UK’s first-ever carbon storage licencing round, with 13 areas available for bids.  

SSE Renewables is set to mobilize the second phase of the geotechnical survey campaign at its Berwick Bank Wind Farm and the export cable route area between 15 and 20 June.

The transition to renewable energy is not without its challenges, but today’s markets are increasingly shifting in response to it. Understanding the massive swings in energy supply and demand taking place will enable oil and gas traders to confidently plan for the years ahead, especially as capital allocations shift in response to market signals.

The first wind turbines have been installed at the Hywind Tampen floating wind farm offshore Norway, Siemens Gamesa said.