Denmark’s Ørsted A/S has picked Siemens Gamesa Renewable Energy SA (BME:SGRE) to be the preferred turbine supplier for 1,142 GW of offshore wind projects in the German North Sea.
read more... 06/03/2020
Crude oil futures fell on Wednesday after Russia opposed Saudi Arabia’s plans requesting OPEC+ deeper oil production cuts in order to offset an eroding demand due to the coronavirus outbreak.
read more... 05/03/2020
Maersk Drilling has been awarded a one-well contract for the semi-submersible rig Maersk Discoverer offshore Egypt. The contract has an estimated duration of 21 days and is expected to commence in March 2020, in direct continuation of the rig’s current contract. The contract value is approximately USD 3.8m.
read more... 05/03/2020
EnBW Energie Baden-Wuerttemberg AG, one of Germany’s Big Four utilities, is close to selling its 29% stake in Austrian peer EVN AG to the utility owned by the city of Vienna, according to people familiar with the process.
read more... 05/03/2020
Offshore wind will attract capital expenditure (Capex) of $211bn (€189bn) between 2020 and 2025, according to new research by Wood Mackenzie.
read more... 05/03/2020