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Ørsted wants Siemens Gamesa turbines for 1.1 GW of offshore wind projects

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

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Daily (05.03.2020): Brent down 1.4% on Wednesday as Russia resists to OPEC calls for drastic oil cuts

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

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Maersk Drilling secures one-well contract offshore Egypt

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

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EnBW Is Said Close to Sell $970 Million EVN Stake to Vienna

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

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Offshore wind to 'attract $211bn up to 2025'

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

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