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The total consideration will comprise $19.7m, payable in Polymetal shares. Polymetal Group CEO Vitaly Nesis said: “Obtaining a controlling stake in Veduga will allow us to explore multiple
The post Polymetal increases stake in Veduga gold project appeared first on Compelo Energy.

The UK could meet a significant slice of carbon emissions’ target if it more widely deployed distributed energy technologies.

This week in London to kick off the Year in Infrastructure event, Siemens and Bentley Systems announced a further integration of their respective platforms with the combination of Bentley's and Siemens’ asset performance management (APM) software capabilities. The companies say that the integration will allow power plant owners to take full advantage of digitalization, which helps improve maintenance operations and planning.

The new pipeline will transport molten sulphur produced by the company’s Shah sour gas field, located around 180km south-west of Abu Dhabi. ADNOC Sour Gas will use the
The post ADNOC building new sulphur pipeline for Shah sour gas field appeared first on Compelo Energy.

The draft EIS has also been issued for the associated Rio Bravo Pipeline to originate in the Agua Dulce area. The draft EIS issued today was prepared in
The post NextDecade secures draft environmental impact statement for Rio Grande LNG appeared first on Compelo Energy.

Ørsted stated that as per this new contract, Formosa Heavy Industries, which is a subsidiary of Taiwanese company Formosa Plastic Group, will supply a significant number of foundation
The post Ørsted awards contract to Formosa Heavy Industries for Taiwanese offshore projects appeared first on Compelo Energy.

Under the contract, KBR will offer management of the quarters and utilities (QU) including telecoms systems FEED and provision of supplemental services of the hub/terminal for the Tortue
The post KBR secures FEED contract for BP’s Tortue project appeared first on Compelo Energy.

Located nearly 241km south of New Orleans, Louisiana, the Vito field is a deep-water development project. Under the latest contract, Subsea 7 the transportation and installation of 80.4km
The post Subsea 7 secures additional contract for Vito field in Gulf of Mexico appeared first on Compelo Energy.

The agreement was signed with Mozambique LNG 1 Company after detailed discussions of the agreement following the execution of a Heads of Agreement with the Mozambique LNG Project
The post Japan’s Tohoku Electric to purchase Mozambique LNG appeared first on Compelo Energy.

The world could install more than a trillion watts of renewable power over the next five years, more than the entire current generation capacity of the European Union.

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