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Subsea7 has successfully completed the sail away and offshore installation of the topsides unit of the bp operated Azeri Central East (ACE) platform in Azerbaijan.
[Read more…] about Subsea7 completed sail away ACE platformThe topsides unit of the Azeri-Central-East (ACE) platform loaded onto the STB-1 barge has been sailed away from the Bayil fabrication yard in Baku where it was built.
[Read more…] about ACE topsides sailing to Caspian Sea installation siteThe State Oil Company of Azerbaijan (SOCAR) and United Arab Emirates’ Masdar company have signed Agreements on the joint development of offshore wind energy and hydrogen projects with a capacity of 2 GW, as well as joint development of 1 GW solar photovoltaic (PV) and 1 GW onshore wind energy projects.
[Read more…] about SOCAR signs joint development agreements for renewable energy sourcesOn 17 December, the governments of Azerbaijan, Georgia, Romania, and Hungary entered into an agreement under which the four countries committed to bringing forward a subsea link in the Black Sea.
[Read more…] about Government leaders ink MoU for Black Sea subsea linkUrsula von der Leyen, President of the European Commission and President Aliyev of Azerbaijan laid the ground for a new partnership between the EU and Azerbaijan in the field of renewable energy.
[Read more…] about Energy partnership between EU and AzerbaijanThe European Commission has proposed to EU countries a deal with Azerbaijan to increase imports of natural gas and support the expansion of a pipeline to do this, according to a draft document seen by Reuters.
[Read more…] about EU and Azerbaijan plan gas deal in pivot away from RussiaThe Azerbaijani sector of the Caspian Sea has great potential for the implementation of renewable energy projects, including offshore projects in wind energy.
[Read more…] about Dutch experience for renewable energy projects in AzerbaijanThe Abu Dhabi-based company Masdar signed agreements to develop up to 10,000MW of clean and renewable energy projects in Azerbaijan.
[Read more…] about Masdar to develop mega projects in AzerbaijanA new roadmap released today by the Ministry of Energy of the Republic of Azerbaijan, the World Bank and the International Finance Corporation (IFC) shows that Azerbaijan has the potential to install 7GW of offshore wind power by 2040.
[Read more…] about Offshore wind roadmap for Azerbaijan releasedThe Azerbaijani Ministry of Energy and ACWA Power held a groundbreaking ceremony for the 240 MW wind power plant with an investment value of SAR 1.125 billion (US$300 million), following the signing of power purchase, investment and transfer agreements according to an independent power generation project model.
[Read more…] about First foreign investment in Azerbaijan’s onshore renewable power sector
