Category Archives: Energy, Gas & Oil

Energy, Gas & Oil Press Releases & News distributed via EuropaWire

Ramboll to merge its Oil & Gas and Energy divisions

  Ramboll is to merge its Oil & Gas and Energy divisions to accommodate the growing focus on sustainability and better support clients’ need for a full service, multidisciplinary offering. COPENHAGEN, 09-Jan-2018 — /EuropaWire/ — When Ramboll in 2016 entered … Read the full press release

Siemens Gamesa Renewable Energy to install 125 of its G97-2.1MW turbines at Gulf of Suez wind farm in Egypt

 It is the largest order ever won by the company in Egypt, a country which offers huge growth potential in wind power. Siemens Gamesa will install 125 of its G97-2.1 MW turbines at Gulf of Suez wind farm, located in … Read the full press release

Iberdrola connected its 350-MW Wikinger offshore wind farm to the German power grid

The company has successfully connected the 350-MW wind farm to the national power grid. The facility will supply renewable energy to approximately 350,000 homes BILBAO, Spain, 04-Jan-2018 — /EuropaWire/ — Iberdrola has connected its Wikinger offshore wind farm to the German … Read the full press release

Shell: the sale of A/S Dansk Shell will not complete

THE HAGUE, 03-Jan-2018 — /EuropaWire/ — Shell announces today (Jan 2, 2018) that the agreement it signed with Dansk Olieselskab AS (DO) in September 2016 regarding the sale of A/S Dansk Shell, which consists of the Fredericia refinery and local trading … Read the full press release

Shell closes the sale of its entire LPG business in Hong Kong and Macau

THE HAGUE, 03-Jan-2018 — /EuropaWire/ — Shell has completed the sale of the first phase of its Hong Kong and Macau LPG marketing business to DCC LPG on 31st December 2017. Shell continues to operate the LPG plant in Hong Kong, which is … Read the full press release

Glencore plc completes the sale of 51% interest in HG Storage International Limited (HGSI) to HNA Innovation Finance Group Co., Limited

Baar, Switzerland, 03-Jan-2018 — /EuropaWire/ — Glencore plc (Glencore) is pleased to announce it has completed the sale of a 51% interest in HG Storage International Limited (HGSI) to HNA Innovation Finance Group Co., Limited (HNA), a transaction which was announced … Read the full press release

Nuclear: EDF completes the acquisition of 75.5% stake in New NP capital

PARIS, 02-Jan-2018 — /EuropaWire/ — Following the signing of definitive binding agreements setting the terms of the sale to EDF of 75.5% of New NP capital, and as announced on 22 December, the transaction has been completed on 31 December 2017. … Read the full press release

EBRD provides US$ 85 million loan to finance renewable energy and resource efficiency projects in Turkey

New funds to finance investments in the private sector LONDON, 29-Dec-2017 — /EuropaWire/ — In response to growing demand for green energy the EBRD is providing a US$ 85 million loan to Türkiye Sınai Kalkınma Bankası (TSKB) to finance private mid-cap companies investing … Read the full press release

EBRD supports Egypt’s gas infrastructure modernisation

LONDON, 29-Dec-2017 — /EuropaWire/ — The EBRD is providing a US$200 million loan to the Arab Republic of Egypt to finance the modernisation of selected gas infrastructure facilities, which shall improve energy efficiency and reduce impacts on the environment. Egypt has an energy … Read the full press release

Wärtsilä secures long-term supply agreement with the Turkish company Aksa Enerji Üretim A.Ş.

HELSINKI, 27-Dec-2017 — /EuropaWire/ — The technology group Wärtsilä has signed a long-term supply agreement with the Turkish company Aksa Enerji Üretim A.Ş. (“Aksa Energy”) and its affiliates. Aksa Energy has recently invested particularly in Africa, where energy is in demand … Read the full press release

Wärtsilä will deliver power plant for the Phase Two expansion of the Tasiast mine in Mauritania

HELSINKI, 27-Dec-2017 — /EuropaWire/ — The technology group Wärtsilä will deliver a turnkey power plant to provide electricity for the Phase Two expansion of the Tasiast mine located in Mauritania. The contract has been signed with Tasiast Mauritanie Ltd, a subsidiary … Read the full press release

Wärtsilä to retrofit the world’s first energy storage solution on board a large offshore supply vessel

HELSINKI, 27-Dec-2017 — /EuropaWire/ — The technology group Wärtsilä has agreed to retrofit the world’s first energy storage solution on board a large offshore supply vessel. The North Sea Giant, one of the world’s largest and most advanced subsea construction vessels, … Read the full press release

Iberdrola’s subsidiary Neoenergia won wind power tender for 295 megawatts (MW) in Brazil

BILBAO, 27-Dec-2017 — /EuropaWire/ — Iberdrola, through its subsidiary Neoenergia, was awarded 295 megawatts (MW) at the last wind power tender held by Brazil’s National Electric Energy Agency (Aneel). This is a major first step for Iberdrola in Brazil, after the … Read the full press release

VINCI Energies to acquire PrimeLine Utility Services from management and private equity investment firm First Reserve

PrimeLine Utility Services generated revenue of $506 million pro forma (about €430 million) in 2016 This acquisition boosts VINCI Energies’ position in North America Rueil-Malmaison Cedex – France, 27-Dec-2017 — /EuropaWire/ — VINCI Energies, the VINCI subsidiary specialising in energy and … Read the full press release

WindEurope CEO Giles Dickson on zero-subsidy bidding in latest Dutch offshore wind auction

BRUSSELS, 27-Dec-2017 — /EuropaWire/ — The Dutch government has given subsidy-free bidders first bidding in an auction for the twin 350 MW Hollandse Kust Zuid offshore wind projects. On Friday 15 December Swedish energy group Vattenfall announced its zero-subsidy bid. EnBW, … Read the full press release

Coldiretti, Terna and ANBI in common strategy to optimise irrigation resources and energy efficiency

ROME, 26-Dec-2017 — /EuropaWire/ — An important Memorandum of Understanding was signed today by Roberto Moncalvo, President of Coldiretti, Luigi Ferraris, CEO and General Manager of Terna and Francesco Vincenzi, President of ANBI (Italian Association of Land Reclamation and Irrigation … Read the full press release

VNG Norge submits Plan for Development and Operation (PDO) for the Fenja field in the Norwegian Sea

Stavanger, Norway, 20-Dec-2017 — /EuropaWire/ — VNG Norge has, on behalf of the licensees in PL586, submitted to the Ministry of Petroleum and Energy the Plan for Development and Operation (PDO) for the Fenja field in the Norwegian Sea. The … Read the full press release

Solar power: BP to acquire 43% stake in Lightsource for $200m

  BP to invest $200m in Lightsource over three years for a 43% stake in the business Lightsource is Europe’s largest solar development company, focused on the acquisition, development and long-term management of large-scale solar projects Lightsource to rebrand as … Read the full press release

BP: We are disappointed by the news today from the Australian Competition and Consumer Commission (ACCC)

LONDON, 19-Dec-2017 — /EuropaWire/ — BP acknowledges today’s announcement by the Australian Competition and Consumer Commission (ACCC) that it intends to oppose its proposed acquisition of Woolworths’ retail fuel business. “We are disappointed by the news today from the ACCC. We … Read the full press release

Eni successfully drills Tecoalli 2 well in offshore Mexico boosts hydrocarbon in place estimate for Area 1 to 2.0 billion barrels

San Donato Milanese (Milan), 14-Dec-2017 — /EuropaWire/ — Eni successfully drilled the Tecoalli 2 well, in the shallow waters of the Campeche Bay, offshore Mexico. Thanks to the results of this well and the revision of the reservoir models of the … Read the full press release