Mitsubishi Power, a leading brand under Mitsubishi Heavy Industries, Ltd. (MHI), has been awarded a significant contract by Samsung C&T Corporation Saudi Arabia. The deal involves supplying its cutting-edge M501JAC combined-cycle gas turbine for a new cogeneration plant project in Saudi Arabia. This project, developed by a consortium led by Abu Dhabi National Energy Company […]
Kistos Holdings plc (LON: KIST) has announced a significant strategic expansion within the Greater Laggan Area (GLA), located west of the Shetlands, UK. Partnering with TotalEnergies SE, Kistos has been awarded seven new blocks following the 33rd Offshore Licensing Round. This acquisition further cements Kistos’ presence in one of the most productive and strategically important […]
Abu Dhabi National Energy Company PJSC (TAQA) and JERA Co., Inc. (JERA) have announced the successful financial closure of Najim Cogeneration Company Limited, marking a significant milestone in the development of a cutting-edge industrial steam and electricity cogeneration plant in Saudi Arabia. The new plant, located in Jubail within Saudi Arabia’s Eastern Province, will produce […]
RWE has emerged as the leading bidder in Germany’s latest offshore wind auction, securing two key sites, N-9.1 and N-9.2, in the German North Sea. These sites, located approximately 110 to 115 kilometres north-west of the island of Borkum near the Dutch Exclusive Economic Zone, have a combined potential to accommodate 4,000 megawatts of offshore […]
TotalEnergies has announced it will sell its 50% stake in Total PARCO Pakistan Limited (TPPL) to Gunvor Group, a leading global commodities trading company. This significant transaction reflects TotalEnergies’ ongoing strategy to refine its portfolio by focusing on core geographies with substantial growth and transition opportunities. Details of the Strategic Sale TotalEnergies’ decision to sell […]
Vestas has secured a significant order for the OranjeWind offshore wind farm, previously known as Hollandse Kust West VII, located in the North Sea off the coast of the Netherlands. The order entails the provision of 53 V236-15.0 MW wind turbines, marking a major step forward in the development of this ambitious renewable energy project. […]
RWE and TotalEnergies have officially announced their partnership on the OranjeWind offshore wind project in the Netherlands, marking a significant step forward in renewable energy. Under the terms of the agreement, TotalEnergies will acquire a 50% equity stake in the project from RWE. OranjeWind, poised to become the first system integration project in the Dutch […]
TotalEnergies, a major player in the global energy sector, has made a significant move by selling its 10% stake in the SPDC JV licenses in Nigeria to Chappal Energies. The deal, valued at USD 860 million, involves TotalEnergies EP Nigeria, a subsidiary of TotalEnergies, transferring its interests in certain oil and gas licenses in the […]
SLB (formerly Schlumberger) has announced that its OneSubsea joint venture has been awarded a significant contract by TotalEnergies (NYSE: TTE) for a comprehensive 13-well Subsea Production System. This system includes associated equipment and services for the development of the Kaminho project, offshore Angola. The project, poised for development in two phases, targets the Cameia and […]
TotalEnergies has announced a significant expansion in its lubricant production capabilities through the acquisition of Tecoil, a Finnish leader in the production of Re-Refined Base Oils (RRBOs). This move strategically positions TotalEnergies at the forefront of sustainable lubricant manufacturing, emphasizing its commitment to environmental responsibility and circular economy principles. Tecoil, operating a facility in Hamina, […]