Mitsubishi Gas Chemical Company, Inc. (MGC), Mitsubishi Corporation (MC) and Mitsubishi Heavy Industries, Ltd. (MHI) are pleased to announce that a final investment decision for the construction of a methanol and dimethyl ether plant to be constructed in Trinidad and Tobago has been reached with the Japan Bank for International Corporation (JBIC) and the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU).
Rio Tinto has demonstrated how the completion of its world-class iron ore expansion project in Western Australia will deliver significant shareholder value as the sector transitions through the ongoing volatility in global commodity markets.
Marking a major milestone in the strategic expansion of one of the nation's leading renewable generation portfolios, Southern Company subsidiary Southern Power today announced the acquisition of a controlling interest in the company's largest solar asset - the 300-megawatt (MW) Desert Stateline Facility in California - from First Solar Inc., which will retain the remaining interest in the project.
E.ON announced the start of a further large-scale solar project in the U.S. Maricopa West, a 20 megawatt solar project in Kern County, California, has entered the construction phase. The solar park will consist of 89,000 photovoltaic panels and be fully operational later this year.
Keppel Offshore & Marine (Keppel O&M) has through its wholly owned subsidiary, Keppel Offshore & Marine USA, Inc., entered into a Stock and Asset Purchase Agreement with Cameron International Corporation (Cameron), to acquire Cameron's offshore rigs business, which comprises the LETOURNEAUTM jackup rig designs, rig kit business, and aftermarket services for US$100 million.
Eni has made a world class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery well Zohr 1X NFW is located in the economic waters of Egypt’s Offshore Mediterranean, in 4,757 feet of water depth (1,450 metres), in theShorouk Block, signed in January 2014 with the Egyptian Ministry of Petroleum and the Egyptian Natural Gas Holding Company (EGAS)
Total has signed an agreement to sell all of its interests in the FUKA and SIRGE gas pipelines and the St. Fergus Gas Terminal to North Sea Midstream Partners for £585 million (around $905 million), subject to the customary approvals.
Mitsubishi Heavy Industries, Ltd. ("MHI") and the Suhail Bahwan Group ("SBG") have invested in Altaeros Energies, a Massachusetts-based technology company, to support the design and production of its Buoyant Airborne Turbine ("BAT") renewable energy and communication platform.
Siemens has been awarded a contract for supplying the initial ten compressor trains for a major Liquefied Natural Gas (LNG) project in the USA. Siemens' customer is Magnolia LNG, a wholly-owned subsidiary company of Liquefied Natural Gas Limited (LNGL) which is developing an up to eight million tons per annum (mtpa) mid-scale LNG facility based on their OSMR® LNG technology
Today, DONG Energy acquired the Hornsea zone and the project rights to Hornsea Project Two and Three, which have the potential of 3 gigawatts (GW) offshore wind capacity. This follows DONG Energy’s acquisition of Hornsea Project One, a 1,200 megawatt (MW) offshore wind project in the Round 3, which was announced in February 2015.