Energy Update
For the transaction, Sapura Energy has signed heads of agreement (HoA) with OMV to form a strategic partnership. OMV intends to acquire a 50% stake in Sapura Energy’s
The post Sapura Energy to sell 50% stake in upstream business appeared first on Compelo Energy.
The three solar PV projects to be acquired are Avalades – 15.8MW, Ferreiras – 6.8MW and Sol Cativante V – 6.8MW. Cubico EMEA head David Swindin said: “This
The post Cubico to acquire three solar projects in Portugal appeared first on Compelo Energy.
(Wed, 12 Sep 2018) The United States likely surpassed Russia and Saudi Arabia to become the worldâs largest crude oil producer earlier this year, based on preliminary estimates in EIAâs Short-Term Energy Outlook (STEO). In February, U.S. crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the United States surpassed Russia in crude oil production for the first time since February 1999.
(Wed, 12 Sep 2018) Underground natural gas storage inventories in Southern California are up more than 30% since this time last year
Genex Power Limited has appointed power and water consulting firm Entura to be owner’s engineer for the Kidston Stage 2 project in Australia.
Solid Power Inc., a Colorado-based maker of solid-state battery cells for cars and aircraft, arranged $20 million in financing to complete a manufacturing facility.
Last week the U.S. Department of Energy announced the winners of its Advanced Vehicles Technologies research program. DOE will invest a total of $80 million among 42 projects. The projects support advanced vehicle technologies that can enable more affordable mobility, strengthen domestic energy security, reduce our dependence on foreign sources of critical materials, and enhance U.S. economic growth.
At first glance, the Oil & Gas UK Economic Report published today contains much to be positive about. Oil & Gas UK Economic Report: production up 20% compared
The post Oil & Gas UK CEO Deirdre Michie: the UK offshore industry is “at a crossroads” appeared first on Compelo Energy.
Located at the Orano Tricastin site in Drôme, France, the new Philippe Coste conversion plant is expected to account for a quarter of the world’s 60,000t production capacity
Under its contract, the US-based subsea engineering company will supply an electro-hydraulic steel tube control umbilical, and flying leads, totaling nearly 9km in length. The Vito development project,
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