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Energy Industry News
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Bajel Projects (NSE: BAJEL) JV wins 270km Gujarat grid link tied to 14GW power
AnantGrid Projects One has won a 270-kilometre 765 kV transmission scheme designed around evacuation from 14 GW of generation, giving Bajel exposure to a new asset-development model beyond conventional EPC work.
Petrobras (NYSE: PBR) targets four Ghana blocks as African exploration push widens
Petrobras has entered direct negotiations for four offshore exploration blocks in Ghana’s Keta Basin, extending an African frontier strategy designed to replenish oil and gas reserves beyond Brazil.
Sembcorp (SGX: U96) profit drops 25%, but Alinta lifts pro forma H1 earnings to S$558m
Sembcorp Industries’ underlying H1 profit fell to S$369 million, but pro forma earnings including Alinta reached S$558 million and management expects a stronger second half.
NTPC Green Energy (NSE: NTPCGREEN) wins 500MW peak-power bid at Rs 6/kWh
NTPC Renewable Energy secured one-third of SECI’s 1,500 MW assured peak-power tender at ₹6 per kWh, expanding the group’s exposure to dispatchable renewable electricity rather than plain-vanilla solar generation.
Can Asian Energy turn Rs 1,754cr of orders into higher-margin growth?
Asian Energy Services reported 135% Q1 FY27 revenue growth and a ₹1,754 crore standalone order book, but EBITDA margin narrowed even as the company diversified beyond Coal India and advanced its proposed Oilmax merger.
Panoro Energy (OSE: PEN) pays $80m for Côte d’Ivoire gas stake as output tops 20kboepd
Panoro Energy is buying DNO’s 9.09% interest in Côte d’Ivoire’s producing Block CI-27 after completing a $127 million Equatorial Guinea acquisition, pushing pro forma production above 20,000 boepd.
AMPIN Energy secures $195m for 100MW wind-solar-storage project in Andhra Pradesh
AMPIN Energy Transition has secured $195 million of project financing for a 100 MW wind-solar-storage development in Andhra Pradesh designed to deliver renewable power during peak-demand periods.
Santos keeps 99-105mmboe guidance as two megaprojects enter cash-generation phase
Santos reported lower first-half profit and subdued free cash flow, but Barossa and Pikka are now ramping simultaneously, setting up a 20%-30% production increase in the second half of 2026.
Doosan Enerbility wins $670m EPC contract for Oman’s 1.7GW Misfah power plant
Doosan Enerbility has secured a KRW928.1 billion EPC contract for Oman’s 1.7 GW Misfah power project, equivalent to 5.4% of its 2025 consolidated revenue.
ONGC gives Transocean $300m India contract that could keep KG2 busy into 2031
Transocean has secured a $300 million two-year award from Oil and Natural Gas Corporation for Dhirubhai Deepwater KG2, with priced options potentially extending the drillship’s Indian deployment into 2031.