General – Renewable Energy
The global energy think tank Ember has said that the world is set to add a record amount of renewable energy capacity again in 2025.
[Read more…] about Ember predicts record renewables surge in 2025Shell exits two wind projects off UK coast after strategic review
General – Shell
Shell has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, the company said on Monday, a move that aligns with its current pivot away from renewables.
[Read more…] about Shell exits two wind projects off UK coast after strategic reviewNextGeo signs a new €8.5 million contract with Saipem
Fossil Energy – Survey and Support
NextGeo has announced that it has been awarded a new contract worth €8.5 million by Saipem in the oil and gas segment.
[Read more…] about NextGeo signs a new €8.5 million contract with SaipemDOF awarded subsea services contract by bp
Fossil Energy – Subsea Services
DOF announced that bp has awarded a 3-year firm commitment contract (with a further 2 x 1-year options) for the provision of subsea services in the North Sea.
[Read more…] about DOF awarded subsea services contract by bpEC agreement on 2040 climate target
General – Climate Target
Last week, European ministers reached an agreement on the 2040 climate target.
[Read more…] about EC agreement on 2040 climate targetShell withdraws from Atlantic Shores Offshore Wind
Wind Energy – Withdrawal
Shell has voluntarily withdrawn from Atlantic Shores Offshore Wind, assigning its 50% outstanding membership interests to the existing joint venture partner EDF.
[Read more…] about Shell withdraws from Atlantic Shores Offshore WindT&I contract for Japanese OWP
Wind Energy – Japan
Oga Katagami Akita Offshore Green Energy announced the signing of a contract with Kajima Corporation for the manufacturing, procurement, transportation, and installation of offshore wind turbine foundations for its offshore wind power project.
[Read more…] about T&I contract for Japanese OWPAdnoc poised to partner with Eni and YPF in LNG Project
General – Partnership
Abu Dhabi National Oil Company (Adnoc) is set to expand its global LNG footprint by joining forces with Italy’s Eni and Argentina’s state-owned energy firm YPF in the ambitious Argentina LNG project.
[Read more…] about Adnoc poised to partner with Eni and YPF in LNG ProjectEIB grants green loan for Iberdrola Windanker project
Fossil Energy – Loan EIB
The European Investment Bank (EIB) has signed a €500 million green loan with Iberdrola to finance the Windanker offshore wind farm, a 315 MW project currently under construction in the German Baltic Sea.
[Read more…] about EIB grants green loan for Iberdrola Windanker projectShell expands in Angola with $1 billion offshore exploration investment
Fossil Energy – Angola
Shell will invest approximately $1 billion in new oil blocks in Angola as the southern African nation seeks to boost production that has dwindled over the years.
[Read more…] about Shell expands in Angola with $1 billion offshore exploration investment