(Energy Analytics Institute, 18.Dec.2024) — Fugro NV announced a new €400mn financing on improved terms with its relationship banks, consisting of a €100mn term loan […]
Category: Europe
Europe energy
INEOS to Led Greensand CCS Project in the EU
(Energy Analytics Institute, 14.Dec.2024) — INEOS, the day to day operator, of ‘Greensand Future’ and its partners, Harbour Energy, and Nordsøfonden announced the final investment […]
Incremental LNG Demand Moved from Europe to Asia
(Energy Analytics Institute, 11.Dec.2024) — Incremental demand to-date in 2024 for LNG has moved from Europe to Asia, according to recent data from Kpler. Of […]
S&P Global Publishes its Energy Outlook 2025
(S&P Global, 11.Dec.2024) — Analysts at S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the […]
Equinor Says Start-up Nears for Johan Castberg Field
(Energy Analytics Institute, 10.Dec.2024) — Equinor and its partners Vår Energi and Petoro expect the Johan Castberg field to come on stream in Jan./Feb. 2025. […]
TotalEnergies to Pay €1.57bn for German Renewable Project Developer VSB
(Energy Analytics Institute, 4.Dec.2024) — TotalEnergies signed an agreement with Partners Group, one of the largest firms in the global private markets industry, to buy […]
Saverex to Launch Voluntary Takeover Bid for Exmar
(Exmar, 3.Dec.2024) — Saverex NV intends to launch a voluntary and conditional public takeover bid for all shares of Exmar NV not already owned by […]
Petrobras Inks HOA with Danish Company
(Energy Analytics Institute, 27.Nov.2024) — Petrobras signed a Heads of Agreement (HOA) with the Danish company European Energy—which develops, builds and operates renewable energy assets, […]
TotalEnergies Accelerates Decarbonization at La Mède
(TotalEneriges, 25.Nov.2024) — In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has joined forces with Air Liquide […]
Henry Hub, JKM and TTF Inch Higher
(Energy Analytics Institute, 21.Nov.2024) — The Henry Hub spot price rose 24 cents to $2.34 per million British thermal units (MMBtu) on 20 Nov. 2024 […]
Eni Launches New HPC6 Supercomputer
(Eni, 19.Nov.2024) — Eni announces the completion and launch of a new supercomputing system (High Performance Computing – HPC) HPC6. HPC6 provides a significant increase […]
Equinor Brings on Deepsea Bollsta Rig
(Energy Analytics Institute, 18.Nov.2024) — Norway’s Equinor has awarded a two-year firm contract to Northern Ocean Wind AS to employ the mobile rig Deepsea Bollsta on the […]
Equinor Announces Ex. Dividend
(Energy Analytics Institute, 18.Nov.2024) — Equinor ASA announced a second quarter 2024 (2Q:24) ex. dividend second quarter. Shares of Equinor, effective 18 Nov. 2024, will be […]
Equinor Finds Oil and Gas in the North Sea
(Energy Analytics Institute, 15.Nov.2024) — Norway’s Equinor said an exploration well with sidetrack has been drilled about 10 km north of the Troll field in […]
Fluor-led JV to Proceed for Expansion of Nuclear Plant in Romania
(Fluor, 15.Nov.2024) — Fluor Corporation announced that its joint venture (JV) has received a limited notice to proceed (LNTP) for the design phase of Units […]
ARX: An Adventure in the World of Engineering and Design
(Pini Group, 14.Nov.2024) — By expanding its expertise and integrating several complementary competencies through both organic growth as well as mergers and acquisitions over the […]
Paratus Successfully Uplists to Euronext Oslo Børs
(Energy Analytics Institute, 13.Nov.2024) — Paratus Energy Services Ltd.‘s shares have been transferred from Euronext Growth Oslo and admitted to trading on Oslo Børs under […]
EXMAR Reports 3Q:24 Results, Opens EXMAR LPG France (PDF Download)
(EXMAR, 8.Nov.2024) — EXMAR NV reported its third-quarter 2024 results and provided an operational update related to the company opening a new French entity, EXMAR […]
Bristow and Leonardo Finalize Agreements for AW139 and AW189 Helicopters
(Bristow, 6.Nov.2024) — Bristow Group Inc. and Leonardo finalized a series of long-term agreements that will enhance global fleet support and training for the AW139 […]
TotalEnergies Energy Outlook 2024 (PDF Download)
(TotalEnergies, 4.Nov.2024) — To contribute to the public debate on the energy transition, TotalEnergies is publishing the 6th edition of its “TotalEnergies Energy Outlook”, which […]
TotalEnergies to Supply 2 mtpa of LNG to Sinopec for 15 Years
(Energy Analytics Institute, 4.Nov.2024) — TotalEnergies signed a sales agreement (HoA) with Sinopec for the delivery of 2 million tonnes per annum (mtpa) of LNG […]
SACE and Open-es to Boost Competitiveness of Italian Companies
(Eni, 4.Nov.2024) — SACE and Eni announced a strategic partnership to promote synergies through the Open-es alliance. The aim of the agreement is to strengthen […]
TGS and Aquila Complete Utsira OBN Reprocessing Project
(Viridien, 4.Nov.2024) — Viridien and its partners TGS and Aquila Holdings ASA (under its subsidiary Axxis Multi-client AS) announced completion and delivery of the reprocessing […]
Aker Reports 3Q:24 Results, Updates on Renewable Projects (PDF Download)
(Aker Horizons, 1.Nov.2024) — Aker Horizons ASA announced results for the third quarter 2024. Aker Horizons’ net capital employed stood at NOK 6.1bn, a decrease […]
TotalEnergies Reports 3Q:24 Results, Output of 2.41 MMboe/d (PDF Downloads)
(TotalEnergies, 31.Oct.2024) — TotalEnergies SE reported its third quarter 2024 (3Q:24) results, including upstream production of 2.41 MMboe/d. Production benefited from the ramp up of […]
Seaway7 Awarded Offshore Wind Contract in UK
(Energy Analytics Institute, 30.Oct.2024) — Subsea7 announced the award to Seaway7, part of the Subsea7 Group, of a substantial contract by Ørsted for the transport […]
Eni Reports 3Q:24 Financial Results (PDF Downloads)
(Eni, 25.Oct.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the third quarter and nine months of […]
Eni Set Outs Decarbonization and Relaunch Plan for Versalis
(Eni, 24.Oct.2024) — As first announced at the presentation of its 2024-2027 Strategic Plan, Eni has finalized its transformation and relaunch plan for its chemicals […]
Eni Inks Deal for KKR to Enter Enilive’s Share Capital
(Eni, 24.Oct.2024) — Eni and KKR have signed an agreement under which KKR will take a 25% stake in Enilive’s share capital, for a total […]
Eni’s BODs on Distribution to Shareholders
(Eni, 24.Oct.2024) — Eni’s Board of Directors, chaired by Giuseppe Zafarana, resolved to distribute to shareholders the second of the four tranches of the provision […]
Equinor to Begin 4th tranche of share Buy-Back for 2024
(Equinor, 23.Oct.2024) — Equinor will on 25 Oct. 2024 commence the fourth and final tranche of up to $1.6bn of the share buy-back programme for […]
Equinor Reports 3Q:24 Total Equity Production of 1,984 Mboe/d
(Equinor, 23.Oct.2024) — Equinor delivered adjusted operating income* of $6.89bn and $2.04bn after tax in the third quarter of 2024. Equinor reported net operating income […]
Bureau Veritas Reports Strong 3Q:24 Organic Revenue Growth
(Bureau Veritas, 23.Oct.2024) — France-based Bureau Veritas provided an update of its third-quarter 2024 financial and operations details. Hinda Gharbi, Chief Executive Officer, commented: “We […]
Smoke Development on the Sleipner B Platform
(Equinor, 22.Oct.2024) — Equinor announced that the emergency vessels Skandi Mongstad and Esvagt Bergen have used seawater to cool down the Sleipner platform from a […]
EU Backs CCUS Project at Cemex’s Rüdersdorf Cement Plant
(Cemex, 22.Oct.2024) — A consortium comprised of Cemex and Linde, a global industrial gases and engineering company, has been selected to receive €157mn in funding […]
Plenitude Starts Construction of New 220MW Solar Plant in Villarino de los Aires in Spain
(Eni, 17.Oct.2024) — Plenitude has started the construction works in Villarino de los Aires (Salamanca, Spain) of a solar plant, with a future installed capacity […]
Equinor’s 3Q:24 Safety Results
(Equinor, 17.Oct.2024) — Equinor’s overall long-term safety trend continues to move in a positive direction, but the total number of injuries has increased somewhat by […]
Phillips 66 to Divest Interest in Switzerland-based JV for $1.24bn
(Energy Analytics Institute, 14.Oct.2024) — Phillips 66‘s subsidiary, Phillips 66 Limited, entered into a definitive agreement to sell its 49% non-operated equity interest in Coop […]
OPEC’s Al Ghais on Oil Demand Peaking by 2030
(Energy Analytics Institute, 13.Oct.2024) — OPEC Secretary General HE Haitham Al Ghais said that claims around oil demand peaking by 2030, or even dropping by […]
Green Yard Inks Shipbuilding Deal with OMV Petrom
(Green Yard, 11.Oct.2024) — Green Yard Kleven has signed a shipbuilding contract with the Romanian integrated energy company OMV Petrom S.A. for the construction of […]
TotalEnergies Expands Global LNG Bunkering Footprint
(TotalEnergies, 10.Oct.2024) — TotalEnergies signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600m3 capacity. This new […]
TotalEnergies Inks Renewable Supply Deal with Saint-Gobain
(TotalEnergies, 8.Oct.2024) — TotalEnergies has signed with Saint-Gobain a Power Purchase Agreement (PPA), under which TotalEnergies will supply renewable electricity to Saint-Gobain’s French facilities. It will take effect […]
TotalEnergies Joins RWE in Two Offshore Wind Projects
(TotalEnergies, 7.Oct.2024) — TotalEnergies signed an agreement with RWE to acquire a 50% stake in two offshore wind projects in the North Sea. These two […]
Saipem Accelerates Research into Geothermal Energy
(Saipem, 7.Oct.2024) — Saipem has signed a Memorandum of Understanding to explore innovative solutions for the development of geothermal energy with Geolog, a company in […]
Equinor Buys 9.8% Minority Stake in Ørsted
(Equinor, 7.Oct.2024) — The transaction establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the […]
Winter is Coming in Europe as Geopolitical Risks Rise: Rystad Energy
(Rystad, 4.Oct.2024) — Here is Rystad Energy’s gas and LNG market update from analyst, Christoph Halser: “Norway concludes its gas maintenance season with some disruptions, […]
Saipem Presents Solution for Large-scale Green Hydrogen Production
(Saipem, 2.Oct.2024) — Saipem and Nel ASA, during the 2024 World Hydrogen Week in Copenhagen, unveiled IVHY™ 100, a groundbreaking turn-key 100 MW electrolyser concept, […]
EAI’s NRGBriefs: Sep. 2024
(Energy Analytics Institute, 30.Sep.2024) — Energy briefs as well as others related to finance and projects during Sep. 2024 including Petrobras inking separate MOUs with […]
Northern Lights Ready to Receive CO2
(Equinor, 26.Sep.2024) — On 26 Sep. 2024 the Norwegian Minister of Energy conducts the official opening of the Northern Lights CO2 transport and storage facility in […]
Northern Lights Completion World’s First Commercial CO2 Transport and Storage Service
(Northern Lights, 26.Sep.2024) — Northern Lights JV unveiled the completed CO2 receiving facilities in Øygarden, Norway. The onshore and offshore infrastructure has been delivered on […]