The Latest

Business

Eni Overhaul Separates Clean Energy From Oil, Gas

The new division—called Energy Evolution—will be led by current CFO Massimo Mondazzi, who will maintain his current role until Aug. 1.

June 4, 2020

Public Capital

Total Acquires Stake in $3.7 Billion Offshore Wind Farm Project

The French energy giant will acquire a 51% stake in the Seagreen 1 project, which, once completed, will be Scotland’s largest offshore wind farm.

June 3, 2020

Investment

EIG Raises $1.1 Billion for Fund Seeking Energy Transition Opportunities

“With demand for capital high and many traditional sources of capital retreating, the fund is seeking opportunities in the global transition away from traditional hydrocarbons,” EIG President Randy Wade says.

May 19, 2020

Business

Report: COVID-19 Erases Five Years of Solar Job Growth in US

All 50 states in the U.S. show solar job losses as the industry outpaces the overall economy in job losses, according to a new report from trade group Solar Energy Industries Association.

May 18, 2020

Renewables

SK Innovation to Start Building Second EV Battery Plant in US

South Korea's SK Innovation Co. Ltd., a supplier for Volkswagen and Ford Motors, will spend $727 million to build its second electric vehicle (EV) battery plant in the United States, the company said on April 28.

April 30, 2020

Renewables

Subsea 7 Wins Dutch Offshore Wind Farm Contract

Subsea 7 has been awarded a substantial contract by Vattenfall on April 23 for the Hollandse Kust Zuid (HKZ) 1-4 offshore wind farm project, located between 18 km to 36 km off the Dutch coast in the North Sea. 

April 24, 2020

Renewables

Wood Snags US Onshore Wind Contracts Worth over $100 Million

Wood, the global engineering and consulting company, has secured a number of engineering, procurement and construction (EPC) onshore wind contracts in the United States worth a combined $100 million, the company said on April 14.

April 16, 2020

Investment

From E&P Executive Editor: Early Innings of Energy Transition

Increased investment in and the deployment of carbon capture technologies are needed to further the energy transition.

April 9, 2020

Renewables

Oceaneering Secures Seabed Clearing Contract for Scottish Wind Farm

Oceaneering International Services Ltd. (OISL), a subsidiary of Oceaneering International Inc., said April 8 it has been awarded a contract from Moray Offshore Windfarm (East) Ltd. (MOWEL) to complete seabed route and debris clearance for the Moray East Wind Farm project in the Moray Firth, Scotland.

April 8, 2020

Exploration & Production

Exploration Technologies: Ensuring Prosperity

Explorers ensure oil and gas resource availability during the energy transition.

March 27, 2020