Latest news

Arkona wind farm enters first phase of construction, foundation is laid on the seabed

Construction of the German Arkona wind project in the Baltic Sea has started, with the foundation of the wind farm already being laid out on the seabed. The next phase of the development will consist of the installation of 60 monopiles, on top of which the towers, together with the Siemens wind turbines, will be raised.

read more... 24/08/2017


OMV does not expect a cash call from Nord Stream 2 until the end of the year

OMV is confident that Gazprom-owned Nord Stream 2 won’t be making any more cash calls until the end of the current year. OMV has already settled the first €200 million portion of its funding obligation for the construction of the 55 bcm/year pipeline from Russia to Germany.

read more... 15/08/2017


Shell puts forward plans for the development of South Azadegan and Yadavaran oil fields

Succeeding the signing of the Memorandum of Understanding in December last year, Shell advanced its plans for the construction of the South Azadegan and Yadavaran oilfields.

read more... 03/08/2017


Kyrgyzstan signs deal for construction of two hydropower projects with Czech Republic

Kyrgyzstan has signed a contract with the Czech Republic company Liglass Trading regarding the construction and management of the hydropower plants Akbulun HPP and Naryn HPP-1 in the Upper Naryn cascade.

read more... 11/07/2017


Bulgarian regulator will open tender for support in Kozloduy decommissioning

Bulgaria’s Nuclear Regulatory Agency (BNRA) intents to use €3 million from the funds provided by the European Bank for Reconstruction and Development for the decommissioning of the units 1-4 of the Kozloduy nuclear power plant.

read more... 05/07/2017