Tuesday, November 5, 2024

Project Developer News

Woodside completes Tellurian acquisition for $1.2 billion

Woodside Energy announced on Wednesday that it had completed the acquisition, including the debt, of U.S. Gulf Coast Liquefied Natural Gas export project developer Tellurian. Tellurian's shareholders voted last week in favor of the proposed acquisition by Australian energy producer.

CorPower Ocean Debuts "Commercial Scale" Wave Energy

CorPower Ocean unveiled the CorPower C4, its first commercial scale Wave Energy Converter (WEC) and CorPack clusters, which the company contends will provide the building blocks for utility scale wave farms.Ultimately, the new CorPower C4 device will form part of a four-system wave array…

Bechtel Bags Rio Grande LNG EPC Deal

US project management services provider Bechtel has won the engineering, procurement, and construction (EPC) contracts totaling $9.565 billion for the LNG export project developer NextDecade-led Rio Grande liquefied natural gas (LNG) project…

Nord Stream 2 Launch Facing Delays

© Nord Stream 2 / Axel Schmidt

Russia's Nord Stream 2 gas pipeline project to Germany may launch in 2020, rather than the end of 2019, due to delays in obtaining permits from Denmark, Interfax news agency on Friday quoted Nord Stream 2 AG as saying.The Russian-led company…

MAN ES Invests in Hydrogen

"We view this partnership with H-TEC SYSTEMS as a strategic milestone and as our entry into the hydrogen economy," says Dr. Uwe Lauber, CEO of MAN Energy Solutions, commenting on its acquisition of 40 percent of H-TEC SYSTEMS. Image: MAN Energy Solutions

MAN Energy Solutions is acquiring 40 percent of the shares of the electrolysis technology company H-TEC SYSTEMS. A contract confirming the partial acquisition was signed in Augsburg by Dr. Uwe Lauber, CEO of MAN Energy Solutions, and Ove Petersen and Heinrich Gärtner…

NextDecade in Rio Grande LNG Site Lease Deal

US LNG export project developer NextDecade Corporation signed a lease agreement with the Brownsville Navigation District (BND) for its Rio Grande LNG project.The proposed $15 billion Rio Grande LNG export terminal and pipeline at the Port of Brownsville…

EnBW Open to Partnerships in U.S. Offshore Wind Expansion

© rost9 / Adobe Stock

German utility EnBW could seek more partners in its planned push into the burgeoning U.S. offshore wind sector, its chief executive said.EnBW has already formed a joint venture with project developer Trident Winds to cater the U.S. west coast but is so far working alone on the booming east coast…

Uniper, Mitsui OSK Lines Press Ahead German FSRU

German energy group Uniper and Japanese shipping group Mitsui OSK Lines (MOL) have agreed to intensify efforts on the Wilhelmshaven FSRU (Floating Storage and Regasification Unit) project in Germany, which could start up as early as H2 2022.The…

NKT Confirms Moray East Offshore Contract

Global energy sector supplier NKT has confirmed turnkey order for Moray East offshore wind farm project."NKT has signed a Preferred Bidder Agreement (PBA) for delivery and installation of export cable systems to the prospective offshore wind farm project Moray East…

Siemens Gamesa Bags Orders for 176.8MW Wind Projects in India

Siemens Gamesa (SGRE), a renewable energy project developer and an Engineering Procurement Construction (EPC) provider, has won turnkey contract from renewable energy project developer ReNew Power for the development of two wind projects aggregating…

MHI Vestas to Supply Turbines for Triton Knoll Offshore Wind Farm

Photo courtesy of MHI Vestas

MHI Vestas will supply 90 of its 9.5 megawatt (MW) turbines for the Triton Knoll windfarm off the coast of Britain, project developer Innogy said on Friday.Triton Knoll is 59 percent owned by Germany's Innogy, 25 percent owned by Japan's J-Power and 16 percent by Japan's Kansai Electric Power.Once b

Wison Wins FEED Contract for Canadian FLNG Project

Last year, Wison Offshore & Marine delivered the Caribbean FLNG on an EPC basis after liquefaction performance testing for the facility in its yard in China. (Photo: Wison)

Wison Offshore & Marine announced it has been awarded a contract to carry out front-end engineering design (FEED) for a proposed floating liquefied natural gas (FLNG) project sited in British Columbia, Canada.Wison said it has entered into a…

Exxon Expands Mozambique LNG Project to Cut Costs

Exxon Mobil will expand its Rovuma liquefied natural gas (LNG) project in Mozambique by half to cut production costs as the partners prepare to book the plant's supply and formally tap lenders in September, the company told Reuters.The U.S.

REDEN Solar Enters the Portuguese Solar Market

Photo: Reden Solar

REDEN Solar, a solar IPP from France, has acquired several existing photovoltaic power plants in Portugal, representing a total capacity of 50 MW. The French Solar project developer also announced plans to develop new projects in the country in the coming years.The company…

"Fat and lazy" LNG buyers Need Producers Help to Boost Demand

Buyers of liquefied natural gas (LNG) have grown "fat and lazy" on expectations of a surplus of the super-chilled fuel and they now risk a shortage in the early years of the next decade. There's no surprise that this was the view of a LNG project developer…

Record Low Bid for 24/7 Block Mixing Wind and Solar at Chile Tender

Project Render (Photo: Verano Capital)

Verano Capital, an American project developer headquartered in Santiago, has announced that the 47 MW solar project they initially developed was selected in Chile’s latest energy tender with a winning bid at $25.38/MWh, the lowest 24/7 block…

Wind Turbine Tie-Ups Under Pressure

Siemens Gamesa, Nordex underperform following tie-ups; more deals expected with Nordex, Senvion seen as takeover candidates. A sell-off in shares of recently merged wind turbine makers highlights the growing speed at which competition in the sector is heating up…

Neoen Chooses O&M Platform for Australian Wind Farm

Hornsdale (Photo: Neoen - Siemens)

Neoen, a renewable project developer and owner, has chosen QOS Energy’s innovative O&M management platform to monitor the performance of the 315 MW Hornsdale wind project, which will be among the largest wind farms operating in Australia once fully commissioned.

Ocean Energy Europe Appoints Co-Presidents

Photo courtesy of Ocean Energy

Ocean Energy Europe has elected Thierry Kalanquin (DCNS) and Simon de Pietro (DP Energy) as its new co-Presidents. The pair will combine the expertise of an industrial scale technology manufacturer and a prominent renewable energy developer…

Bangladesh Plans to More Than Triple Oil Refining Capaci

Eastern Refinery Ltd (ERL), which supplies around 40 percent of Bangladesh's fuel needs, said it plans to more than triple its oil-processing capacity with a 3.5 million tonne-a-year unit to help meet rising domestic demand. The new unit at Patenga refinery in Chittagong will cost $1.7 billion…