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Capital Dynamics to acquire 50MW Scottish wind project
Global asset management firm Capital Dynamics has acquired a 100% stake in the 50MW Longhill onshore wind project in...
EXPLORATION & PRODUCTION
REFINING
BP, Oxbotica trial autonomous vehicle for refinery operations
Global oil and gas giant BP, in partnership with Oxbotica, has conducted an autonomous...
Italian group chosen for Heydar Aliyev refinery modernization in Azerbaijan
Italian group Maire Tecnimont has secured contracts for the modernization and reconstruction of Heydar...
Samsung bags $1bn contract for Sarawak methanol plant in Malaysia
Samsung Engineering has won a $1.07bn contract from Sarawak Petchem (Sarawak Petchem) to construct...
RENEWABLES
OFFSHORE
Prysmian wins $167m contract for French offshore grid connection project
Italian multinational company Prysmian Group has won a $167m contract for the development of two submarine and land export power cable systems in France.
The...
Portuguese floating wind farm begins power supply to grid
A 25MW floating wind farm project in Portugal has begun supplying power to the grid, demonstrating the viability for such floating power facilities anywhere...
Ocean Infinity’s AUVs to collect data for Stabroek block
Subsea marine robotics company Ocean Infinity has secured a contract from ExxonMobil to provide Autonomous Underwater Vehicle (AUV) for Stabroek block offshore Guyana.
The AUVs...
Israel kicks off gas production from Leviathan field in Mediterranean Sea
Israel has announced the start of gas production from the first phase development of the Leviathan field located in the eastern Mediterranean Sea.
For Israel,...
LNG
TECHNOLOGY
PETRONAS Research takes part in FASTsubsea’s subsea pump development
PETRONAS’ subsidiary PETRONAS Research has signed an agreement with FASTsubsea to participate in the development of a low-cost, topside-less subsea multiphase pump to increase...
BP invests in geospatial analytics software provider Satelytics
BP Ventures has announced an investment of $5m in cloud-based geospatial analytics software company Satelytics.
Satelytics in engaged in monitor environmental changes, including methane emissions,...
McDermott chosen for UK-specific NET Power design
McDermott International has secured a contract from 8 Rivers Capital for its NET Power UK project that aims to generate emission-free electricity.
The project, which...
Wind energy performance optimizer WindESCo secures $10m funding
WindESCo, a wind energy performance optimization company, has secured $10m funding in a Series B round led by WAVE Equity Partners.
The funding round also...