Latest news
BP acquires stake in Eni's giant Zohr gas field offshore Egypt
BP has decided to acquire 10 percent of Eni's Shorouk concession offshore Egypt, which comprises the giant Zohr gas field, for $375 million, joining other oil majors in raising bets on the developing gas market.
read more... 28/11/2016
Eni approves investment plan for Coral South Project in Mozambique
Eni’s board of directors gave the go-ahead to the investment plan for the first phase of Coral South project in offshore Mozambique, marking a significant step towards the final investment decision.
read more... 24/11/2016
EDF Energies Nouvelles mulls offshore wind partnership with China
EDF Energies Nouvelles (EDF EN), the renewable energy arm of French state-owned utility EDF, is negotiating with Chinese companies about a possible partnership to build offshore wind park in China.
read more... 23/11/2016
Israel wishes 2-3 new energy companies to drill off its coast
Israel started to accept bids this week from energy firms wishing to drill for oil and gas in 24 offshore blocks, and its energy minister stated that in the end he would be happy selecting just two or three foreign exploration groups.
read more... 17/11/2016
Vattenfall to build the largest offshore wind farm in the Nordics
Vattenfall has won a tender to build Danish Kriegers Flak, a 600 MW offshore wind farm in the Baltic Sea, with a record low bid of EUR 49.9 per MWh, bringing down the costs for renewable energy.
read more... 10/11/2016