Canadian Solar Inc one of the world’s largest solar power companies, has announced that its wholly owned subsidiary Recurrent Energy, LLC (“Recurrent Energy”) has signed a 15-year power purchase agreement (“PPA”) with Anheuser-Busch for 310 MWp/222 MWac of electricity from its Maplewood solar project. …
China’s looming pipeline reform is poised to spur competition in its natural gas industry, lowering prices and supercharging demand from the world’s top importer in years to come, according to Credit Suisse Group AG. The government is creating a national pipeline operator from the…
Australia is poised to dethrone Qatar as the world’s largest producer of liquefied natural gas next year. That is according to Rystad Energy, which forecasts that Australia will stay in top spot until Qatar eventually reclaims the position in 2024. “Over the next…
Anadarko has hired a joint venture between McDermott, Saipem, and Chiyoda – named CCS JV – for the onshore part of its Mozambique Area 1 LNG Development in Mozambique. The joint venture’s scope of work covers the onshore engineering, procurement and construction (EPC) for…
Italian oil and gas company Eni has signed the contracts for two new exploration blocks in the eastern part of the sedimentary basin offshore Ivory Coast. The blocks were part of the 20 blocks available at the end of 2018, Eni said. The…
Canadian oil sands production growth is slowing, yet total production is expected to reach nearly four million b/d by 2030 – nearly one million b/d more than current levels – according to a ten-year production forecast by IHS Markit. The business information provider expects…
Chubb taps Hiscox for aerospace head Slevin Chubb has swooped on Hiscox for its divisional director of transport, energy and recall David Slevin to lead its London market aerospace practice. International Union of Marine Insurance appoints Agnes Choi Asia ambassador The International Union of…
Singapore’s offshore rig builder Keppel has ordered Kongsberg equipment for a semi-submersible drilling rig it is building for Awilco Drilling. Kongsberg Maritime said this was its first milestone order for a major project combining Kongsberg control and electrical systems with power, propulsion, and mooring…
Leveraging its extensive project management experience and product expertise, Vestas has developed a full engineering, procurement and construction (EPC) solution for the 35 MW Wesley wind project located at the Eastern Cape. The order is placed by EDF Renewables and adds to Vestas’ more…
Prosafe and Gothenburg-based Floatel International have agreed to merge, in order to better withstand future cyclical shifts in the offshore accommodation sector. The need for consolidation in oil services is well known, said Prosafe chairman Glen Ole Rødland. “We consider this transaction not only…
