Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

TotalEnergies expands portfolio as Operator of PEL104 License

Fossil Energy – Acquisition

TotalEnergies has signed agreements to acquire a 42.5% operated interest in PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings and Maravilla Oil & Gas.

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CIP acquires Ørsted’s European onshore business

Wind Energy – Acquisition

Copenhagen Infrastructure Partners (CIP) has agreed to acquire Ørsted’s European onshore business, which has over 800 MW in operation and under construction, along with a multi-gigawatt development pipeline across Ireland, the UK, Germany, and Spain.

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Allianz invests in OWF îles d’Yeu et Noirmoutier 

Wind Energy – Acquisition

Allianz Global Investors has acquired a 20.25% minority stake in the French îles d’Yeu et Noirmoutier offshore wind farm from Ocean Winds.

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Prysmian to acquire cable survey & installation solutions leader ACSM

General – Acquisition

Prysmian will acquire ACSM, a Spain-based leader in solutions for submarine cable installation, including subsea surveying, route planning, and seabed preparation activities with over 20 years of experience in the offshore cable sector.

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Agreement between SOCAR and Eni for African project

Fossil Energy – Baleine Field

State Oil Company of the Republic of Azerbaijan (SOCAR) has signed an agreement with Eni to acquire a 10% participating interest in the development project of the Baleine oil and gas field located offshore Côte d’Ivoire.

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Brava Energia to buy Petronas stake in Campos Basin Assets

Fossil Energy – Acquisition

Brazil’s Brava Energia has signed an agreement to acquire Petronas’ 50% equity interest in the Tartaruga Verde field and in Module III of the Espadarte field in the Campos Basin.

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Bulgaria to take 10 per cent stake in Black Sea exploration block

General – Bulgaria

Bulgaria’s state-owned energy group Bulgarian Energy Holding will acquire a 10 per cent stake in oil and gas exploration rights for the Han Asparuh block in the Black Sea.

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