Stake Sale
TotalEnergies has completed the transfer of its 10% stake in the project to NordLine, a Novatek subsidiary.
[Read more…] about TotalEnergies exits Russia’s Arctic LNG 2 projectWintershall Noordzee welcomes new shareholder Mazarine Energy
Stake
After nearly 60 years of shared history, Wintershall Dea has transferred its stake in Wintershall Noordzee B.V. to Mazarine Energy.
[Read more…] about Wintershall Noordzee welcomes new shareholder Mazarine EnergyBlackRock buys 5% stakes of Samsung Heavy Industries
General – Shareholder
Global asset manager BlackRock has become a major shareholder in Samsung Heavy Industries by raising its stake above 5%.
[Read more…] about BlackRock buys 5% stakes of Samsung Heavy IndustriesPennavel announces entry of Q ENERGY as shareholder
General – New Shareholder
Pennavel, the project company in charge of the development of the floating offshore wind farm off the south of Brittany, announces the entry of Q ENERGY as a shareholder.
[Read more…] about Pennavel announces entry of Q ENERGY as shareholderMarco Polo Marine secures $21m for offshore wind expansion
General – Finance
Marco Polo Marine raised about $21m through a private share placement to fund capital expenditure and specialised vessels supporting offshore wind projects.
[Read more…] about Marco Polo Marine secures $21m for offshore wind expansionTransocean to acquire Valaris in all stock transaction
General – Shares
Transocean and Valaris today announced the signing of a definitive agreement to combine the two companies under which Transocean will acquire Valaris in an all stock transaction valued at approximately $5.8 billion.
[Read more…] about Transocean to acquire Valaris in all stock transactionMEAG buys minority stake in Fred Olsen Windcarrier
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 WindcarrierGerman government shareholder in TenneT Germany
General – TenneT
TenneT Holding has reached an agreement with Kreditanstalt für Wiederaufbau (KfW), acting on behalf of the German government, on the sale of a 25.1% stake in TenneT Germany for approx. EUR 3.3 billion.
[Read more…] about German government shareholder in TenneT GermanyCathay 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 find