The London headquartered offshore driller Ensco is planning on expanding its fleet by acquiring smaller rival Rowan Companies plc, in an all-stock deal valued at $2.38 billion as it aims to benefit from a partnership with Saudi Aramco. According to reliable sources, for each share …
The Sydney-based asset management company Macquarie Group has reportedly announced that it would be investing in the Pilbara hybrid wind solar facility by joining the project consortium to boost the project’s capacity to 11GW from 9GW. The Asia Renewable Energy Hub (AREH) reportedly has an …
Philippines’ municipal governments of Lagawe, Mayoyao, and Aguinaldo have reportedly signed an agreement with SN Aboitiz Power (SNAP) to work on the Ifugao-based Alimit hydropower plant. The agreement defines the collaboration, cooperation, and obligations between the municipalities and the renewable energy company to accomplish the …
The British soft drinks manufacturer Britvic has reportedly declared that all of its factories and warehouses in the UK will be powered by 100% renewable electricity. As per trusted sources, the announcement has come in the backdrop of Britvic’s new four-year contract with energy provider …
In a bid to help shove electricity usage and support Walmart’s Project Gigaton, GE Lighting is helping Walmart shoppers to switch from traditional lights to energy efficient LEDs over the past two years. Apparently, this shift has not only supported Walmart’s Project Gigaton, but has …
Recently, Environment and SaskPower Minister Dustin Duncan introduced a new program that will help SaskPower in customer generation by expanding options. The Power Generation Partner Program (PGPP) is aimed at providing SaskPower with added sources of electricity to improve Saskatchewan’s strategy on climate change and …
L&T Hydrocarbon Engineering, a Larsen & Toubro subsidiary, in association with McDermott International, Inc. and Baker Hughes, a GE company, has won the subsea contract for Indian multinational Oil and Natural Gas Corporation’s (ONGC) biggest deepwater oil & gas project. The contract has been awarded …
The multinational oil and gas giant Exxon Mobil Corporation has reportedly announced that it is considering a multi-billion-dollar investment at its largest refinery in Singapore. As per trusted sources, the expansion comes ahead of the new global shipping fuel regulations that would commence in 2020. …
