Fossil Energy – Namibia
Sintana Energy, based in Canada, unveils exciting plans for Walvis Basin Expansion off the Coast of Namibia.
[Read more…] about Investment in PEL 37 off Namibia’s coastEquinor plans 250 exploration wells in Norway by 2035
Fossil Energy – Equinor
Equinor plans to drill 250 oil and gas exploration wells in Norwegian waters over the next 10 years to achieve a goal of sustaining output in 2035 at 2020 levels, driven by expectations of prolonged fossil fuel demand.
[Read more…] about Equinor plans 250 exploration wells in Norway by 2035Pentland floating offshore wind project secures backing
Wind Energy – Funding
Pentland Floating Offshore Wind Farm in Scotland, developed by funds managed by Copenhagen Infrastructure Partners P/S, announces investment from Great British Energy, National Wealth Fund and Scottish National Investment Bank each with the option to invest up to £50m.
[Read more…] about Pentland floating offshore wind project secures backingBerlin to set aside € 7.6 bln to acquire stake in TenneT Germany
General – Acquisition
The German government is considering acquiring a 25.1% minority stake in electricity grid operator TenneT’s German unit, an economy ministry spokesperson said last week.
[Read more…] about Berlin to set aside € 7.6 bln to acquire stake in TenneT GermanyCIP to invest USD 3B in PH’s first offshore wind project
Wind Energy – Philippines
Copenhagen Infrastructure Partners (CIP) will invest USD 3 billion to build its first offshore wind farm in Camarines Sur, marking its first project in Southeast Asia and a major boost to the Philippines’ clean energy transition goals.
[Read more…] about CIP to invest USD 3B in PH’s first offshore wind projectAdnoc 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 ProjectPeel Ports Group celebrates launch of ‘Port of East Anglia’
General – Investment
Peel Ports Group, the UK’s second-largest port operator, has announced a new £10 million investment in its Great Yarmouth site, which is being repositioned as the Port of East Anglia.
[Read more…] about Peel Ports Group celebrates launch of ‘Port of East Anglia’Shell 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 investmentKEPCO makes first investment in offshore wind developer
Wind Energy – Investment
Japan’s Kansai Electric Power (KEPCO) has signed a share subscription agreement with the offshore wind development division of Ireland-based Simply Blue Group, Simply Blue Energy OSW.
[Read more…] about KEPCO makes first investment in offshore wind developerCIP acquires first biogas plant in UK
General – Acquisition
Copenhagen Infrastructure Partners (CIP) has made a final investment decision to acquire a combined pre-treatment and biogas plant from Ørsted.
[Read more…] about CIP acquires first biogas plant in UK