GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
ADNOC Gas is steaming ahead with projects to expand its production capacity, it said Aug. 6, as parent company Abu Dhabi National Oil Co. simultaneously works to boost its production capacity to 5 million b/d by 2027.
[Read more…] about Middle East gas giant outlines $20 billion investment planBG International an affiliate of Shell, has announced a final investment decision (FID) to develop the Mina West gas discovery in Egypt’s Mediterranean Sea.
[Read more…] about Shell invests in Mina West gas developmentGermany is making a US$6.7B investment in the Philippines for 3,260 MW of offshore wind energy.
[Read more…] about Germany invests in PhilippinesThe UK government has unlocked £7.5 billion of investment into key growth sectors as the Minister for Investment signed a new deal with the Sumitomo Corporation in Tokyo.
[Read more…] about UK secures £7.5 billion Japanese investment in key growth sectorsDOF has announced an investment in a first-of-its-kind, modular cable repair spread designed to transform how offshore wind operators respond to cable faults.
[Read more…] about DOF invests in Modular Cable Repair SpreadVena Energy, a leading green energy solution provider in the Asia-Pacific region, has announced an investment to accelerate South Korea’s transition to renewable energy and enhance its energy independence.
[Read more…] about Investment to accelerate South Korea’s transition to renewable energyChina said on Wednesday it would develop a package of major projects to tackle climate change as it moves to bring its carbon dioxide emissions to a peak before 2030 and become carbon neutral by 2060.
[Read more…] about China is planning more investment into offshore wind turbinesNext Ocean, a pioneer in Vessel Motion Radar technology, has secured Seed Investment from Arches Capital to drive its expansion and enhance maritime safety worldwide.
[Read more…] about Next Ocean secures investment to scale offshore safety technologyDenmark’s Orsted has decided to cut its 2030 investment program by 25%, the renewable energy firm said on Wednesday to Reuters, as the offshore wind industry grapples with rising costs and supply chain issues.
[Read more…] about Orsted slashes 2030 investment program by 25%Mexico’s Pemex plans to invest USD 1.9 billion in increasing production from the Bacab mature offshore field.
[Read more…] about Pemex plans $1.9-billion investment in offshore field
