€40bn coal-power phase out deal agreed by German government
17 January, 2020
Federal state leaders in Germany and Angela Merkel's government have struck a deal to bring an end to brown coal power in the country by 2038.
Microsoft announces US$1bn fund to develop carbon capture sectors
US technology giant Microsoft has unveiled plans to invest US$1bn in companies working on carbon capture and storage technologies.
Total to drill world’s deepest offshore well off Angolan coast
16 January, 2020
French oil major Total has announced that it plans to drill the world's deepest offshore well in Angola in waters more than two miles deep.
Petrofac secures multi-million North Sea offshore wind deal
An oilfield services firm with a major operating base in Aberdeen has bagged its first significant Scottish offshore wind contract in what is understood to be a multi-million pound deal.
Wärtsilä wins conversion contract for Brazilian power plant
15 January, 2020
Finnish technology firm Wärtsilä has won a contract to convert a Brazilian power plant to 100% natural gas, increasing output from 85MW to 92MW in the process.
Aker Solutions wins electrification study for Equinor’s Norwegian platforms
Norwegian oil and gas major Equinor has selected Aker Solutions to perform a front-end engineering and design study at its Troll B and C platforms.
Parkwind clinches Northwester 2 clean electricity deal
14 January, 2020
Parkwind's 219MW Northwester 2 offshore wind farm, comprising 23 MHI Vestas V164-9.5 MW turbines, has begun delivering clean electricity to the Belgian grid.
Sonatrach awards US$3.7bn Algeria refinery contract
Algeria's national oil company Sonatrach has awarded a US$3.7bn contract for its planned new refinery to a joint venture of Samsung Engineering and Técnicas Reunidas.
Azerbaijan signs 440MW solar and wind deals
13 January, 2020
Azerbaijan's government has signed separate deals with ACWA Power and Masdar to develop 440MW of renewable energy projects in the country.
Energy majors partner to kickstart global offshore coalition
Ørsted and Equinor have joined forces to lead a new group to advance the deployment of offshore renewable energy to mitigate climate change.
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