Business & Finance
Halliburton to execute Energean’s drilling campaign off Israel
Halliburton has been awarded an integrated services contract to execute a drilling and completions campaign for Energean in Israel.
Chevron triples capital investment to drive lower carbon ambitions
Chevron announced during its Energy Transition Spotlight its plans to invest $10 billion to grow lower carbon energy businesses.
AES to buy 49.9% stake in AES Colón LNG plant
The U.S. energy company AES Corporation will acquire a 49.9 per cent stake in AES Colón LNG plant, increasing its ownership to 100 per cent.
CMA CGM invests in Brittany Ferries to support its post-Covid recovery
France’s shipping giant CMA CGM has agreed to make a €25 million (US$29.5 million) investment in compatriot Brittany Ferries, including €10 million (US$11.8 million) in quasi-equity to support the company’s post-Covid recovery.
Report: Ithaca to buy Marubeni’s North Sea assets for $1 billion
Ithaca Energy has reportedly agreed to acquire Marubeni’s oil and gas assets in the North Sea in a deal valued at $1 billion.
SolarDuck and Pondera ink 555 MWp offshore solar deal
Dutch Pondera and SolarDuck have signed a memorandum of understanding (MoU) for the development of 555 MWp of offshore solar projects over the coming years.
Former boss of RWE Renewables to help lead BP’s business transformation
BP has elected a former CEO of RWE’s renewable business to head its gas & low carbon energy business as the current head is leaving.
Brazil’s CBO buys rival player Finarge in $94 million deal
Brazil’s CBO closed the acquisition of compatriot rival Finarge, acquiring five AHTS vessels in the transaction.
Horisont Energi applies for CO2 storage license off Norway
Horisont Energi has submitted an application for a license to establish the Polaris CO2 storage facility off the coast of Finnmark, Norway. The purpose of the permit application is to establish storage for CO2 that is captured during the large-scale production of clean ammonia at the planned Barents
Swiss fund backs SINN Power with further €3 million
Schweizer Kapital Global Impact Fund is investing a further €3 million in SINN Power to support the market entry of the company’s Ocean Hybrid Platform (OHP) and the modular power electronics components ModTroniX (MTX).
JERA invests in Hydrogenious LOHC Technologies
JERA Americas, a US-based subsidiary of the Japanese energy giant, makes a $17.7 million investment in German hydrogen technologies company Hydrogenious LOHC.
Liza Unity FPSO gets world’s first SUSTAIN notation
The ABS-classed and FPSO Liza Unity has been awarded the SUSTAIN-1 notation by ABS – the first FPSO in the world to receive it.
Santos and Timor-Leste to work on CCS at Bayu-Undan field
Santos has signed an MOU with the Timor-Leste regulator Autoridade Nacional do Petróleo e Minerais to progress CCS at Bayu-Undan field in the Timor Sea.
New milestone for Woodside as Diamond rig completes first Senegal well
Australia’s Woodside has completed drilling operations on its first development well on the Sangomar project located offshore Senegal.