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Business Wire

Quinbrook Closes £120m Milestone Project Financing for Five Synchronous Condenser Projects

Part of the largest portfolio of privately owned synchronous condensers in UKLONDON--(BUSINESS WIRE)--Quinbrook Infrastructure Partners (“Quinbrook”), a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition, today announced it has closed £120 million in...
Business Wire

Wright Electric Announces First Steps of Electric Propulsion Testing

ALBANY, N.Y.--(BUSINESS WIRE)--Wright Electric, a world leader in electric propulsion for large commercial aircraft, today announced the launch of its Wright Electric Aircraft Engine Test Cell (WEAETC). The WEAETC is designed to characterize the performance of megawatt-class electric aircraft...
News

Noble Venturer booked all year for campaigns in Africa hotspots

OilNOW -
Noble Drilling announced the scheduled activities for its Noble Venturer drillship in Africa, which are expected to take all year, potentially going into 2025.  Following the early completion of the Tullow Oil Ghana campaign expected to end in late May...
Exploration

Stena DrillMAX leaves Guyana temporarily for Exxon’s Newfoundland campaign

OilNOW -
The Stena DrillMAX is sailing across the Atlantic, on its way to Newfoundland to assist with an ExxonMobil-led campaign.  The vessel will be used to drill the Persephone wildcat well of Exploration License (EL) 1169. The license area lies in...
Business Wire

Gansu Hengyuan Dongli New Energy Limited Company Participated in the World Future Energy Summit and Announced Its Industrial Investment Plan

ABU DHABI--(BUSINESS WIRE)--From April 15th to 20th, 2024, representatives of Gansu Provincial Government of China and Jiuquan Municipal Government participated in the World Future Energy Summit in Abu Dhabi also visiting Dubai and Saudi Arabia. During this period, Gansu...
News

SLB reports strong Q1 2024 results, aims to return US$7 billion to shareholders

OilNOW -
SLB, a leading oilfield services company, has announced its first-quarter 2024 results, showing “robust” revenue growth and strategic plans to return US$7 billion to shareholders over the next two years. Commenting, SLB Chief Executive Officer Olivier Le Peuch remarked, “We...
Business Wire

T2EARTH Celebrates Earth Day by Leading the Wood Products Industry towards a Sustainable Built Environment

AUGUSTA, Ga.--(BUSINESS WIRE)--In 1970, the inaugural Earth Day marked a pivotal moment in history, galvanized by the collective efforts of over 20 million passionate individuals. Spearheaded by Senator Gaylord Nelson, this landmark event resonated with a global outcry against...
Business Wire

Almonty Closes Additional Tranches of Private Placement

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that, further to its news release dated March 22, 2024, it has closed three tranches of...
News

Subsea7 completes pipeline replacement for Shell, Brunei government

OilNOW -
Subsea7 said the Pipeline Replacement Project 8 (PRP-8) offshore Brunei has been completed and delivered in line with Brunei Shell Petroleum Company (BSP) expectations. Shell and the Brunei government are 50:50 shareholders in BSP. PRP-8 is a turn-key project that...
Business Wire

ICE Announces Record Trading Activity in Murban Crude as ICE Futures Abu Dhabi Marks Third Anniversary

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced record trading activity in Murban crude as ICE Futures Abu Dhabi (IFAD) marks its third anniversary. IFAD and ICE’s Murban futures...
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GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil...

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