General – Acquisition
Shell has agreed to sell a 20% interest in the Orca deepwater project offshore Brazil to Kuwait Foreign Petroleum Exploration Company (KUFPEC).
[Read more…] about Shell sells 20% stake in Brazil’s Orca Deepwater ProjectGLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
Shell has agreed to sell a 20% interest in the Orca deepwater project offshore Brazil to Kuwait Foreign Petroleum Exploration Company (KUFPEC).
[Read more…] about Shell sells 20% stake in Brazil’s Orca Deepwater Project
Seismic data specialist TGS has won two contracts, one for 4D streamer acquisition in the North Sea offshore Norway and one to expand multi-client data activities in Libya.
[Read more…] about TGS bags seismic work offshore Norway and Libya
SBM Offshore and ExxonMobil Guyana have completed the transaction related to the purchase of FPSO ONE GUYANA.
[Read more…] about FPSO ONE GUYANA purchased by ExxonMobil Guyana
Spain has formally taken its first step towards launching offshore wind through a public consultation on the country’s inaugural auction scheme.
[Read more…] about Spain opens first offshore wind auction
MEAG is acquiring a minority stake in Fred Olsen Windcarrier on behalf of Munich Re entities as part of a planned investment targeting a 24% shareholding.
[Read more…] about MEAG buys minority stake in Fred Olsen Windcarrier
Franck Neel, a board member of Romanian OMV Petrom, stated on Wednesday that the company is preparing to sign additional contracts to supply gas to clients from its offshore Black Sea project, which is scheduled for completion in 2027.
[Read more…] about OMV Petrom to sign more gas contracts
The Offshore Wind Growth Partnership (OWGP) has announced the recipients of the second round of its Manufacturing Facility Support Programme (MFSP).
[Read more…] about Five UK companies secure £1.2m to scale offshore wind manufacturing
JERA recently signed a long-term liquefied natural gas (LNG) sale and purchase agreement with QatarEnergy.
[Read more…] about JERA signs 27-year LNG agreement with QatarEnergy
Morocco’s energy ministry said on Monday to Reuters it has paused tenders launched last month for an LNG terminal and related gas pipeline projects, without giving details on the reasons for the suspension.
[Read more…] about Morocco’s energy ministry puts gas projects on hold
TenneT Holding has reached an agreement with Kreditanstalt für Wiederaufbau (KfW), acting on behalf of the German government, on the sale of a 25.1% stake in TenneT Germany for approx. EUR 3.3 billion.
[Read more…] about German government shareholder in TenneT Germany