NORTH SEA SHIFTS FROM WELL OF OIL AND GAS TO HOME OF DIVERSE GREEN ENERGY PROJECTS
August 26th, 2023
The North Sea, tapped for oil and natural gas I earnest since the 1960s by Britain, Norway, Germany, Denmark, the Netherlands and Belgium - is increasingly being utilised as a site for renewable energy projects, as well as carbon capture and storage. But with security of supply concerns intensifying as Europe cuts links with major oil and gas exporter Russia over its invasion of Ukraine, these coastal states have also launched new hydrocarbon exploration and development projects.
A key indicator of future energy sector travel was an agreement signed in April, at ...
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