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Equinor plans to drill 250 oil and gas exploration wells in Norwegian waters over the next 10 years to achieve a goal of sustaining output in 2035 at 2020 levels, driven by expectations of prolonged fossil fuel demand.
[Read more…] about Equinor plans 250 exploration wells in Norway by 2035Pentland Floating Offshore Wind Farm in Scotland, developed by funds managed by Copenhagen Infrastructure Partners P/S, announces investment from Great British Energy, National Wealth Fund and Scottish National Investment Bank each with the option to invest up to £50m.
[Read more…] about Pentland floating offshore wind project secures backingThe German government is considering acquiring a 25.1% minority stake in electricity grid operator TenneT’s German unit, an economy ministry spokesperson said last week.
[Read more…] about Berlin to set aside € 7.6 bln to acquire stake in TenneT GermanyCopenhagen Infrastructure Partners (CIP) will invest USD 3 billion to build its first offshore wind farm in Camarines Sur, marking its first project in Southeast Asia and a major boost to the Philippines’ clean energy transition goals.
[Read more…] about CIP to invest USD 3B in PH’s first offshore wind projectAbu Dhabi National Oil Company (Adnoc) is set to expand its global LNG footprint by joining forces with Italy’s Eni and Argentina’s state-owned energy firm YPF in the ambitious Argentina LNG project.
[Read more…] about Adnoc poised to partner with Eni and YPF in LNG ProjectPeel Ports Group, the UK’s second-largest port operator, has announced a new £10 million investment in its Great Yarmouth site, which is being repositioned as the Port of East Anglia.
[Read more…] about Peel Ports Group celebrates launch of ‘Port of East Anglia’Shell will invest approximately $1 billion in new oil blocks in Angola as the southern African nation seeks to boost production that has dwindled over the years.
[Read more…] about Shell expands in Angola with $1 billion offshore exploration investmentJapan’s Kansai Electric Power (KEPCO) has signed a share subscription agreement with the offshore wind development division of Ireland-based Simply Blue Group, Simply Blue Energy OSW.
[Read more…] about KEPCO makes first investment in offshore wind developerCopenhagen Infrastructure Partners (CIP) has made a final investment decision to acquire a combined pre-treatment and biogas plant from Ørsted.
[Read more…] about CIP acquires first biogas plant in UKThe joint venture between BP and Japan’s JERA has announced it will suspend development of its only U.S. offshore wind project, Beacon Wind, citing unfavourable market conditions and escalating financial pressures across the offshore energy sector.
[Read more…] about BP-JERA halts U.S. offshore wind plans
