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Socar and BP’s consortium to extend the development of Azeri-Chirag-Gunashli oilfields until 2050

Azerbaijan’s energy major SOCAR and BP-operated Azerbaijan International Operating Company (AIOC) signed a deal to extend the development the Azeri biggest fields by a quarter of century to 2050.

read more... 26/12/2016

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Rosneft sells a 19.5% stake for $11 bn

Russia has sold a 19.5% stake in state-controlled oil major Rosneft to a consortium of Glencore and Qatar Investment Authority sovereign-wealth fund for €10.2bn ($11bn).

read more... 08/12/2016

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Germany: Merkur offshore wind project secures EUR 1.6bn from investors and banks

A consortium led by DEME Concessions Wind, which includes five sponsors has provided nearly EUR 500 million in equity to develop the 396-MW Merkur offshore wind project in the German North Sea.

read more... 16/08/2016

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Trina Solar to be the largest Chinese solar company to go private

Trina Solar, a China-based vertically integrated solar module manufacturer, has inked a deal worth $1.1bn with an investor consortium to go private.

read more... 02/08/2016

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Bosnia to sign a deal with Mitsubishi Hitachi Power Systems for the cleanup of gas emissions

Bosnia’s 300 MW coal-fired power plant Ugljevik had inked a 79 million euro ($87.6 million) deal with a consortium led by Mitsubishi Hitachi Power Systems, a joint venture including Mitsubishi Heavy Industries and Hitachi, on the installment of desulfurization equipment at its power plant.

read more... 13/07/2016

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