offshore wind

Federal Offshore Wind Sale Rivals Oil & Gas with a Record $405 Million in Winning Bids

December 17, 2018

From Marine Log Friday’s BOEM offshore wind lease sale of some 390,000 acres offshore Massachusetts drew competitive winning bids from three companies, totaling approximately $405 million. That was way more than the previous highest grossing offshore wind lease sale in December 2016 for the lease area offshore New York that received a winning bid of over $42 million. It was

Statoil Involved in World’s First Floating Wind Farm

March 21, 2016

Norwegian E&P Hopes to Make Wind Profitable When oil major Statoil (ticker: STO; StatOil.com) acquired Brigham Exploration in 2011, the Norwegian company became a major operator in the Williston basin, with approximately 330,000 net acres in the play and an extensive gathering system including three operating oil facilities, seven operating saltwater disposal facilities, approximately 700 miles of pipeline and ten

Federal Offshore Wind Sale Rivals Oil & Gas with a Record $405 Million in Winning Bids

Statoil Involved in World’s First Floating Wind Farm

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