Fossil Energy – Namibia
Portuegese Galp’s efforts to offload part of its stake in Namibia’s Mopane oil project have finally attracted heavyweight interest.
[Read more…] about Chevron, TotalEnergies join bid for Galp’s stakes in Namibian findCompletion of acquisition of additional interest in Cygnus Field
Fossil Energy – Acquisition
Ithaca Energy announced that, following its announcement on 20th May 2025 regarding the acquisition of an additional 46.25% interest in the Cygnus gas field from Spirit Energy, it has now completed the Transaction with all conditions precedent having been satisfied.
[Read more…] about Completion of acquisition of additional interest in Cygnus FieldØrsted sets 67% discount for $9.4 bln rights issue
General – Shares
Ørsted has priced its $9.42 billion rights issue at 66.6 crowns ($10.46) per share, a 66.7% discount to the stock’s closing price on Friday, as it shores up its finances in the face of mounting challenges.
[Read more…] about Ørsted sets 67% discount for $9.4 bln rights issueBASF sells share in Nordlicht wind farms back to Vattenfall
Wind Energy – Shares Nordlicht
To align the company’s green power supply and demand, BASF is streamlining its current portfolio of renewable power projects.
[Read more…] about BASF sells share in Nordlicht wind farms back to VattenfallYinson Production completes acquisition of Stella Maris CCS
General – Acquisition
Singapore-headquartered FPSO specialist Yinson Production has completed the acquisition of 100% shares in Norway-based Stella Maris CCS AS from Altera Infrastructure.
[Read more…] about Yinson Production completes acquisition of Stella Maris CCSSBM Offshore to sell shares in Floventis
General – Sale of Shares
SBM Offshore has agreed with Cierco Energy to sell all of its shares in Floventis Energy.
[Read more…] about SBM Offshore to sell shares in FloventisVår Energi sells Bøyla asset as part of portfolio optimisation
Fossil Energy – Interest Disposal
Vår Energi has signed an agreement with Concedo for the disposal of a 20% interest in the Bøyla field for a consideration of USD 24 million.
[Read more…] about Vår Energi sells Bøyla asset as part of portfolio optimisationFøn Energy Services and C-Ventus combine offshore wind forces
Wind Energy – Acquisition
Føn Energy Services from Norway and Dutch offshore wind farm services company C-Ventus are joining forces to create a leading European O&M (operations & maintenance) player within offshore wind.
[Read more…] about Føn Energy Services and C-Ventus combine offshore wind forcesInfraVia acquires a majority stake by investing in GIGA Storage
General – Storage Platform
InfraVia Capital Partners, a leading European infrastructure investor, has announced the acquisition of a majority shareholding in GIGA Storage, a leading player in Battery Energy Storage System (BESS) development, construction, and operations in the Netherlands and Belgium.
[Read more…] about InfraVia acquires a majority stake by investing in GIGA StorageNjordr sells up to 21 GW Swedish offshore wind portfolio to Statkraft
Wind Energy – Sale of Shares
Njordr AS, a leading developer of renewable power in the Nordic region, together with the Swedish developer Vindkraft Värmland, have sold 100% of the shares in Njordr Offshore Wind AB (NOW) to Statkraft.
[Read more…] about Njordr sells up to 21 GW Swedish offshore wind portfolio to Statkraft