Petrofac in Woking, UK has strengthened its position in supporting the Netherlands’ ambitions for CO2 capture and storage with an award from TotalEnergies EP Nederland BV of multi-million-dollar front-end-engineering design (FEED) for a CO2 injection platform.
The project involves the decommissioning of topsides and installation...
The V&A Waterfront has signed a power purchase agreement (PPA) with Etana Energy for 43 gigawatt hours (GWh) of renewable energy a year. The deal will see electricity from wind and solar farms, operated by independent power producers, meet up to 70% of the...
TE H2 a joint-venture between TotalEnergies and EREN Groupe, together with VERBUND, Austria’s leading electricity company, have signed a Memorandum of Understanding with the Republic of Tunisia to study the implementation of a large green hydrogen project named “H2 Notos” for export to Central...
Shell Energy Europe Limited has signed a 15-year power purchase agreement with HANSAINVEST Real Assets to secure 600 megawatts (MW) of capacity at Germany’s largest solar project. Microsoft has already secured 323 MW of this renewable energy capacity from Shell.
Woodside has signed a non-binding Memorandum of Understanding (MOU) with Kansai Electric Power Co. (KEPCO), to enable studies of a potential carbon, capture and storage (CCS) value chain between Japan and Australia.
Under the MOU, KEPCO plans to research the capture of carbon dioxide (CO2)...
The global quest by energy stakeholders to reduce carbon emissions through limitation of finance to most oil and gas projects seems to not having vivid prominence presently in global energy business scene as global oil and gas contracts spike in second quarters of 2023,...
The CEO of Eni Claudio Descalzi and Chairman of the Board of Directors of Sonangol Sebastião Pai Querido Gaspar Martins have signed in Rome a Memorandum of Understanding (MOU) to further expand the scope of the cooperation between the two companies by developing studies...
Mitsubishi Heavy Industries (MHI) has signed a General License Agreement (GLA) with Saipem, one of Italy’s leading engineering companies.
The deal involves the provision of MHI’s proprietary KM CDR Process and Advanced KM CDR Process technologies to Saipem for use in carbon capture plants.
bp today launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery. Led by bp, this public-private collaborative initiative is intended to be based around the phased development of up to 2GW of electrolysis capacity by 2030 for producing green...
TGS, a global provider of energy data and intelligence, has announced it has licensed itsCarbon AXIOMplatform and associated well data products to a major energy company for carbon capture utilization and storage. Carbon AXIOM now includes a detailed analysis of saline aquifer potential offshore...
bp and Deep Wind Offshore have formed a joint venture to develop offshore wind opportunities in South Korea. As part of their agreement, bp has acquired a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio, which includes four projects across the Korean...
TheSustainable Energy Fund for Africa (SEFA)has approved a reimbursable grant of $1 million toNewAfrica Impact Ltdto prepare two bioenergy plants in Sierra Leone and Ghana that will each output 5 megawatts of electricity and 11 megawatts of heat.
The reimbursable grant will strengthen the project’s...
The French Development Agency (AFD) and the German Development Agency (KfW) are providing 600 million euros in loans and grants for the energy transition in South Africa. This funding is part of a €8.3 billion package pledged at COP26 in Scotland in 2021.
UAE energy company Amea Power will invest in Egypt's nascent green hydrogen and derivatives industry. The company announced a project at the Energy Day on 15 November 2022 at the 27th UN Conference of the Parties on Climate Change (COP27) in Sharm el-Sheikh, Egypt.
The EBRD is increasing its equity stake in Infinity, Egypt’s leading renewable energy developer, through an additional US$ 41.5 million commitment. The EBRD is a current shareholder in the company, having invested US$ 60 million in 2020.
Alongside the remaining original amount, the US$ 41.5 million...
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