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Shell to sell participating interest in Indonesia’s Masela Block

Tuesday, July 25 2023

Fossil Energy – Indonesia

Shell has agreed to sell its participating interest in Indonesia’s Masela Production Sharing Contract to Indonesia’s PT Pertamina Hulu Energi and PETRONAS Masela.

[Read more…] about Shell to sell participating interest in Indonesia’s Masela Block

Filed Under: Indonesia, International projects, Partnership, Shell

Ørsted divests remaining 25 % share of London Array

Tuesday, July 25 2023

Wind Energy – Share Transaction

Ørsted has signed an agreement with funds managed by Schroders Greencoat, a global specialist asset manager focusing on renewable energy infrastructure assets, to divest its remaining 25 % minority interest in the London Array Offshore Wind Farm in the UK.

[Read more…] about Ørsted divests remaining 25 % share of London Array

Filed Under: International projects, London Array, Orsted Tagged With: London Array, Orsted, transaction

Petronas reports 6 oil and gas discoveries off Sarawak coast

Tuesday, July 25 2023

Fossil Energy – Oil and Gas Discoveries

Malaysia state oil firm Petronas said on Monday it has made six oil and gas discoveries in five blocks off the coast of Sarawak.

[Read more…] about Petronas reports 6 oil and gas discoveries off Sarawak coast

Filed Under: Discovery, Drilling, International projects, Petronas, Sarawak Tagged With: discoveries, drilling, petronas, Sarawak

MoU to develop sea wind power in Busan, South Korea

Monday, July 24 2023

General – Eco-friendly Energy

GS Entec, an energy equipment manufacturing subsidiary of GS Global, signed a Memorandum of Understanding with Corio Generation to exploit eco-friendly energy in Busan.

[Read more…] about MoU to develop sea wind power in Busan, South Korea

Filed Under: Busan, Corio, eco-friendly, International projects, South Korea Tagged With: Corio Generation, eco-friendely energy, GS Entec, MOU, South Korea

Afentra signs deal to boost stake in Angolan exploration blocks

Monday, July 24 2023

Fossil Energy – Transactions

Afentra (Angola) has signed a sale and purchase agreement (SPA) with Azule Energy Angola Production (Azule) to buy additional stake in two oil blocks offshore Angola.

[Read more…] about Afentra signs deal to boost stake in Angolan exploration blocks

Filed Under: Angola, Exploration, International projects, Oil and Gas Tagged With: Afentra, angola, Azule, exploration, Sonangol, SPA

EPIC contract for Guohua Peninsula South U2 Site

Friday, July 21 2023

Wind Energy – Guohua Peninsula South U2 China

ZTT Submarine Cable & System has recently awarded an EPIC contract for Guohua Peninsula South U2 Site Offshore Wind Power Project.

[Read more…] about EPIC contract for Guohua Peninsula South U2 Site

Filed Under: EPIC, International projects, ZTT Submarine Cable Tagged With: china, EPIC, ZTT

Sale of Hornsea 2 transmission assets

Friday, July 21 2023

Wind Energy – Transmission Assets

Breesea, Soundmark Wind, and Sonningmay Wind, a joint venture owned by Ørsted (50 %) and AXA IM Alts and Crédit Agricole Assurances (CAA) (jointly 50 %), today announced that they have signed an agreement on the sale of their transmission assets to Diamond Transmission Partners Hornsea Two (DTP).

[Read more…] about Sale of Hornsea 2 transmission assets

Filed Under: Hornsea, International projects, Orsted, transmission assets Tagged With: Hornsea Two, Orsted, transmission assets

Construction starts on first UK-German power link project

Thursday, July 20 2023

General – Interconnector

According to Reuters work has begun on a 2.8 billion euro project to build the first power cable linking Britain and Germany.

[Read more…] about Construction starts on first UK-German power link project

Filed Under: Interconnector, International projects, UK-Germany Tagged With: interconnector, NeuConnect, UK-German link

Biden to announce offshore wind rights sale in Gulf of Mexico

Thursday, July 20 2023

Wind Energy – Gulf of Mexico

President Joe Biden will announce the first offshore wind power development rights sale in the Gulf of Mexico on Thursday as part of a trip to highlight the administration’s efforts to boost renewable energy.

[Read more…] about Biden to announce offshore wind rights sale in Gulf of Mexico

Filed Under: Development, Gulf of Mexico, International projects, USA Tagged With: Development plans, gulf of mexico, USA

Cranes boost for EnerMech in Malaysia

Wednesday, July 19 2023

Fossil Energy – Crane Personnel

Engineering services specialist EnerMech has won its first contract to provide crane personnel in Malaysia.

[Read more…] about Cranes boost for EnerMech in Malaysia

Filed Under: Cranage, EnerMech, International projects, Malaysia, Training Tagged With: Enermech, malaysia, training

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