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Electricity Transmission
Iberdrola acquires 88% of UK-based Electricity North West for $5.4bn
Iberdrola has closed the acquisition of an 88% stake in UK-based Electricity North West (ENW).The agreement values the entire company, including debt, at €…
LNG
Chinese Player Entrusted With Flagship FLNG Project Unlocking ‘Stranded’ Offshore Gas Fields in Oceania
Wison's existing 1.3 mtpa FLNG model (for illustration purposes); Source: Wison New EnergiesWison New Energies (WNE), a China-based provider of clean energy…
Hydrogen Production
Otto Energy Discovers Significant Hydrocarbon Pay in Gulf of Mexico
The well encountered a high-pressure water sand 60ft below the base of the D5 sand, leading to a delay. Credit: MR.Zanis/Shutterstock.Australia-based Otto Energ…
Oil Field
Chinese Giant Brings Another Oil Development Project Online in South China Sea
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has started production from an oilfield development project in the South C…
Energy Storage Project
Graphite One Gets up to $325M Financing Offer From EXIM to Enhance US Graphite Production
Graphite One has announced the receipt of a non-binding letter of interest (LOI) from the Export-Import Bank of the US (EXIM) for potential debt financing of up…
Energy Transition
Snam to Invest €14.5BN in Gas Grid for Green Fuels Transition
talian gas grid operator Snam has announced a significant investment of €14.5bn ($15.72bn) to adapt its infrastructure for the energy transition.This inves…
Oil&Gas Drilling
Transocean Drillship Gets Another Drilling Job in Gulf of Mexico
Switzerland-based offshore drilling contractor Transocean has secured a new long-term ultra-deepwater drillship assignment with an undisclosed operator in the U…
CCS
MOL to Investigate Ship Transportation of LCO2 for Kyushu West Offshore CCS Project
As informed, the research is commissioned by the Japan Organization for Metals and Energy Security (JOGMEC) as the Engineering Design Work for Advanced CCS Proj…
Italy
C-Innovation Lands Multi-Year Contract With BP for Gulf of Mexico Field Development
C-Innovation (C-I), an affiliate of Edison Chouest Offshore (ECO), has secured a multi-year contract with UK-based energy giant BP to provide subsea constructio…
Offshore Wind Power
Emirati Vessel Provider Wins Contract in European Offshore Wind Sector
Gulf Marine Services (GMS), a UAE-based provider of self-propelled and self-elevating support vessels for the offshore energy sector, has raised its backlog to …
Coal Production
Closure of ASEAN’s Newer Coal Plants by 2040 Doable
Photo by Tom Fisk via PexelsAdding new coal plants and retrofitting existing ones are a larger risk to the transition.Younger coal plants in the Association of …
Offshore Wind Power
South Korean Floating Offshore Wind Project Receives TSA
MunmuBaram project has entered into a transmission service agreement (TSA) with Korea Electric Power Corp. (KEPCO).Hexicon AB, a developer of floating offshore …
Oil & Gas Trade
Mexican President Says New Pemex Refinery Running at About 80% of Capacity
The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha/File Photo Purc…
Floating Offshore Wind
South Korean Floating Wind Project Inks Transmission Agreement With KEPCO
The 1,125 MW MunmuBaram floating offshore wind farm, being developed by Hexicon and Shell in South Korea, has entered into a Transmission Service Agreement (TSA…
Floating Offshore Wind
Mingyang Gets Feed Contract for 2.8 GW Italian Floater
Renexia has signed a contract with China’s Mingyang Smart Energy for the front-end engineering design (FEED) of the 2.8 GW Med Wind floating offshore wind proj…
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