Sunnova Corporation, the largest residential solar provider in Puerto Rico, is working to send energy storage systems (batteries) to the island to integrate into existing solar power installations. The batteries are part of an effort to solve the immediate needs of Puerto Rican customers and…
Ophir Equatorial Guinea (Block R) Ltd, a 100% owned subsidiary of Ophir, has awarded the upstream construction contract for the Fortuna FLNG Project to Subsea Integration Alliance, which is a partnership between OneSubsea, a Schlumberger company, and Subsea 7. The contract is structured as…
Vattenfall has increased its ownership in Wieringermeer wind farm with the acquisition of an additional 32 turbines in what will be the largest windfarm on the Dutch mainland. Vattenfall will own a total of 82 wind turbines out of 100 at the future Wieringermeer…
Qatar’s sovereign wealth fund is weighing more asset sales after reducing holdings in Credit Suisse Group AG and Rosneft PJSC to support the country’s economy amid a standoff with its neighbours. The Qatar Investment Authority, which holds shares in companies ranging from Glencore Plc to…
Statoil ASA is leading a new partnership with Norske Shell AS and Total E&P Norge AS to develop a large-scale carbon capture and storage (CCS) project on the Norwegian continental shelf. The project will store carbon dioxide captured from onshore industrial facilities in Eastern…
Nord Stream 2 AG has applied for permission to construct the twin 1,200-kilometre (745-mile) Nord Stream 2 gas pipelines through the Finnish Exclusive Economic Zone (EEZ) in the Baltic Sea. The pipeline will run for 374 kilometres (232 miles) across the Finnish EEZ, which…
Rosneft Vietnam has contracted Plexus Holdings to supply its POS-GRIP high-pressure/high-temperature (HP/HT) adjustable rental exploration wellhead equipment for an exploration well offshore Vietnam. This will be Plexus’ first project in Vietnam. The company says that it clinched the award based on factors such as…
Gulf Publishing Company, a leading media company and provider of market data for the international energy industry, has launched the Energy Web Atlas to provide the downstream energy sector with easy access to information about the Liquefied Natural Gas industry. A real-time project information…
Senate Republicans have set the stage for using the budget to end the 37-year ban on oil and gas drilling in Alaska’s pristine Arctic National Wildlife Refuge (ANWR). A provision in the budget resolution, released on the 29th September, tells the Senate Energy and…
Top Challenges for London’s Re/Insurers Are Soft Market, Brexit, Regulations: IUA The top three challenges facing London market companies are the soft market, Brexit and regulatory compliance, according to a survey of International Underwriting Association (IUA) members. In an online questionnaire, members also cited…
