Latest news
Iberdrola gets EU loan for 1.2 GW hydropower in Portugal
The European Investment Bank will provide a EUR 650m loan to Spanish utility Iberdrola to support a three-dam hydropower project in Portugal, totalling 1,158 MW in capacity that will be operational in 2023, according to a statement on Monday.
read more... 24/07/2018
Iranian Energy Giant Ready to Replace Total in South Pars Project
Iranian holding company MAPNA Group voiced readiness to take over a project on development of the country’s South Pars gas field as French company Total has backed out of its contract with Iran for fear of the US sanctions.
read more... 23/07/2018
GIG reaches financial close on 235MW Overturingen wind farm in Sweden
Green Investment Group (GIG) has reached a financial close on €270m of total funding for the 235MW Overturingen wind farm in Sweden to be developed alongside SCA Energy.
read more... 23/07/2018
Savannah makes oil discovery at Kunama-1 exploration well in Niger
The oil find at the Kunama-1 well, which was drilled by the GW 215 Rig to a total measured depth of 2,460m, marks the firm’s third consecutive discovery in its maiden exploration campaign in the R3 portion of the R3/R4 PSC Area in ARB.
read more... 13/07/2018
Russia extends Kharyaga oil field PSA with Total to 2031
The Russian government is extending a production sharing agreement with France's Total for development of the Kharyaga oil field by 13 years to the end of 2031, in the latest sign that many Western majors' operations in Russia are continuing despite sanctions on the oil sector.
read more... 11/07/2018