Category: Power & Energy
Power & Energy
The auction anticipates active participation from O&G companies through mutual partnerships. Britain’s Oil and Gas Authority (OGA) has recently announced an offshore licensing round to auction its North Sea oil and gas field estimated to hold around 300 million barrels of oil equivalent (boe). Sources …
Power & Energy
The oil producer is aiming to triple its daily production of crude in the Permian Basin located in western Texas and New Mexico to 600,000 barrels of oil equivalent by 2025. Exxon Mobil Corp. has reportedly given a final approval for expansion plans which would …
Power & Energy
Goldwind would be supplying turbines for an Australian hybrid project, the construction for which is scheduled to begin in late 2019. Reports indicate that Chinese wind turbine manufacturer Goldwind would be supplying turbines and managing construction at Kondinin site of Lacour Energy, located 280 kms …
Power & Energy
Under the partnership agreement, Eni would be acquiring about 20% of ADNOC’s state oil farm while OMV would be acquiring over 15%. The companies would also be forming a Joint Venture (JV) to sell their refined oil products in markets across the world. The Abu …
Power & Energy
Genel is anticipated to spend approximately $60 million on the project by the end of 2020. Chevron Corporation, a U.S. based oil & gas multinational, has reportedly entered into a partnership agreement with a British oil production company, Genel Energy, for the Kurdistan JV (joint …
Power & Energy
The Kansas-based engineering, procurement, and construction (EPC) services provider Black & Veatch has reportedly built a microgrid project in the United States for Royal Dutch Shell to assist the oil and gas behemoth in building its distributed energy resources. As per trusted sources, Black & …
Power & Energy
The acquired portfolio comprises of three completely operational projects as well as one advanced-stage development cluster. The total investment, including the capital for the development cluster’s build out, is expected to be over €180 million. NTR plc (NTR), an Irish renewable energy company, has reportedly …
Power & Energy
Duke Energy, an electric power holding company headquartered in Charlotte, North Carolina, is currently in the news for commencing the 74.9 MW Hamilton Solar Power Plant in Jasper, Florida. Reportedly, the new power plant, which is carbon-free, deploys solar energy for electricity generation and is …
Power & Energy
The Indian arm of CLP Holdings Ltd., along with MIRA, Hero and several others, is currently endeavoring to acquire PTC India’s 290MW wind power assets. MIRA (Macquarie Infrastructure & Real Assets), Hero Future Energies, and the Indian branch of CLP (Chinese Light & Power) Holdings …