Global energy technology leader SLB has announced that its OneSubsea™ joint venture has been awarded a significant contract by Petrobras. This award, secured through a competitive tender process, involves the provision of two subsea raw seawater injection (RWI) systems to…
BWXT Canada Ltd., a subsidiary of BWX Technologies, Inc., and Westinghouse Electric Company have jointly announced the signing of a memorandum of understanding (MOU) to collaborate on nuclear new-build projects both in Canada and internationally. This strategic partnership aims to…
Bloom Energy, a global leader in stationary fuel cell power generation, has announced a project financing partnership with HPS Investment Partners (HPS) and Industrial Development Funding (IDF), two prominent infrastructure capital providers. The partnership will involve the acquisition of 19…
Convergent Energy and Power (Convergent), a leading provider of distributed energy storage solutions, has announced the closure of a significant financing deal with Mitsubishi UFJ Financial Group (MUFG). The funding includes a construction-to-term loan, tax equity bridge loan, and a…
Best Contracting Services, a leader in commercial roofing based in Southern California, has officially broken ground on an ambitious 264kW microgrid project at its headquarters in Gardena, California. This innovative initiative combines solar energy and energy storage technology with the…
Avangrid, Inc., a leading sustainable energy company and member of the Iberdrola Group, has announced plans to purchase more than 130 new hybrid bucket trucks over the next three years as part of its ongoing efforts to electrify its fleet…
Houston-based W&T Offshore, Inc. an independent oil and gas producer, has filed a federal lawsuit to challenge what it describes as collusive and excessive demands from a group of insurers. The insurance companies are seeking $250 million in additional collateral…
Energy Hire, a leading AI-driven hiring platform tailored specifically for the energy sector, has announced an exciting new collaboration with the American Association of Professional Landmen (AAPL). As the premier land association serving professionals in the energy industry, AAPL will…
STEP Energy Services Ltd. has announced its 2025 capital budget, provided updates on operations and financial performance, and addressed the impact of recent market conditions. 2025 Capital Budget STEP’s 2025 capital budget is set at $78.9 million, including $46.7 million…
Clarum Advisors, a leader in energy transition strategy, has launched its Energy Transition Advisory Practice to accelerate the shift toward a low-carbon economy. Supported by ClearSky, a venture capital and growth equity firm specializing in cybersecurity and energy transition, this…
FPT has signed a five-year Master Service Agreement (MSA) with RWE, further strengthening the longstanding partnership between the two companies. The agreement aims to advance technological innovation, operational excellence, and sustainable growth, supporting RWE’s ambitious initiatives in IT/OT convergence, renewable…
With reference to the stock exchange announcement on 15 August 2024 for the acquisition of 12 modern Very Large Gas Carriers (VLGCs) from Avance Gas Holdings Ltd (“Avance Gas”, OSE ticker code: “AGAS”), BW LPG Limited (“BW LPG” or the…