The logistics arm of state oil firm Abu Dhabi National Oil Company (ADNOC) will supply a floating storage unit to LNG logistics company AG&P to launch the Philippines' first LNG import terminal in July, the companies said on Wednesday.Singapore-based Atlantic, Gulf & Pacific International Holdings (AG&P) signed an 11-year charter agreement, extendable by four years, to convert ADNOC Logistics & Services…
Spanish renewable energy industry firm Iberdrola said Wednesday it had signed an agreement with Triconti ECC Renewables, the Philippines’ largest independent wind developer, and Stream Invest Holding AG, a Swiss renewable energy group, sealing…
Malaysia-based energy industry services firm T7 Global has secured three letters of appointment and award worth a combined value of approximately RM300 million (~$70,9 million) under its energy division for operations and maintenance (“O&M”) segment and specialist products segment…
Deep in the Oman desert lies one of BP's more lucrative projects, a mass of steel pipes and cooling towers that showcases the British energy giant's pioneering natural gas extraction technology.The facility earned BP Plc more than $650 million in profits in 2019…
McDermott's CB&I Storage Solutions business has been awarded a contract by Atlantic Gulf and Pacific Company of Manila, Inc. (AG&P) to build a second LNG storage tank and double-wall LNG bullet for AG&P's Philippines LNG import and regasification…
Acteon secured an integrated project with Atlantic, Gulf & Pacific Company (AG&P) for the development of a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, called Philippines LNG (PLNG). The contract was signed…
Siemens Energy, which supplies turbines to the power sector, on Wednesday lowered the upper end of its target range for 2021 sales, hurt by weaker-than-expected demand, project delays, and the ongoing coronavirus crisis.Revenues are now expected to grow 3-8% in the year to September…
- Atlantic Gulf & Pacific Company (AG&P) said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, south of Manila.The firm, part owned…
Mediterranean Sea-focused oil and gas company Energean has taken Final Investment Decision ('FID') on the Karish North gas development, offshore Israel.The gas discovery was announced in April 2019. In November 2020, DeGolyer and MacNaughton…
Japanese trading house Sumitomo Corp said on Tuesday it had tied up with RWE AG for the German utility's 353-megawatt Five Estuaries offshore wind farm project in the UK, with an aim to start commercial operations in 2030.RWE said on Monday…
Offshore wind installation company Fred. Olsen Windcarrier has won a conditional contract for its Brave Tern jack-up, for wind turbine installation work in Taiwan.The conditional contract is with Liwei Wind Power Co. Ltd., a company wholly owned by wpd Group…
Tomography technology company Rocsole said it has appointed Mika Tienhaara as the new chiefe executive officer starting in 2020.Tienhaara has previously been CEO of the Ascom Separation which was acquired by Sulzer Chemtech AG, and has held various roles in Aker Solutions…
German railway company Deutsche Bahn AG (DB) will be purchasing about 8% of the total production of the 295-MW Nordsee Ost offshore wind farm from 2024.Deutsche Bahn will continue to steadily increase its purchase of electricity from renewable energy sources in the coming years…
Germany's Siemens AG said that it has won a deal to supply two converter stations for the first high-voltage direct current (HVDC) link between the UK and Denmark.Viking Link will enable the exchange of up to 1400MW of electricity to provide…
The Nord Stream 2, export gas pipeline running from Russia to Europe across the Baltic Sea, is 75% complete, the project's operator, Nord Stream 2 AG, said in a statement.A total of 1,855 kilometers of the Nord Stream 2 pipeline were built along the bottom of the Baltic Sea in the waters of Russia…
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