General – Acquisition
MEAG is acquiring a minority stake in Fred Olsen Windcarrier on behalf of Munich Re entities as part of a planned investment targeting a 24% shareholding.
[Read more…] about MEAG buys minority stake in Fred Olsen WindcarrierCathay Life Insurance signs landmark investment
Wind Energy – Finance
Ørsted has signed an agreement with Cathay Life Insurance, the leading insurance company in Taiwan, and its affiliate Cathay Wind Power Holdings Co., under which Cathay Life Insurance will acquire a 50 % ownership share of Ørsted’s 583 MW Greater Changhua 4 Offshore Wind Farm, with Ørsted retaining a 50 % share.
[Read more…] about Cathay Life Insurance signs landmark investmentChevron, TotalEnergies join bid for Galp’s stakes in Namibian find
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 forces