New episode: OTC 2026 – Insights from the ground
The Offshore Technology Conference is an annual gathering of oil and gas professionals from around the world, who meet in…
12 May 2026
ABB commits $200m to expand medium-voltage output in Europe
ABB plans to invest approximately $200m (SFr156.27m) over the next three years to expand its medium-voltage manufacturing capabilities in Europe. The Switzerland-based company will focus on increasing production capacity and…
12 May 2026
Mubadala commits $325m to UK’s Hornsea 3 wind farm
Abu Dhabi's sovereign investor, the Mubadala Investment Company, has declared a $325m (Dh1.19bn) investment in the 2.9GW Hornsea 3 offshore wind farm project in the UK. Hornsea 3, situated 120km…
12 May 2026
Aternium selects Siemens Energy for FEED on Mid-Atlantic clean hydrogen project
Aternium has selected Siemens Energy to support front-end engineering design (FEED) work for a planned clean hydrogen production facility, marking a new step in the company’s efforts to build out large-scale hydrogen and…
12 May 2026
VoltaGrid secures $1bn investment for expansion
US-based power generation company VoltaGrid has agreed to secure $1bn in strategic equity from funds managed by Blackstone Tactical Opportunities and Halliburton Company to fund growth. The funding package includes…
12 May 2026
Ørsted and PGE start offshore works on Baltica 2 wind farm
Ørsted and PGE have begun offshore construction works on the Baltica 2 wind farm in the Polish sector of the Baltic Sea. The companies have installed the first monopile foundations.…
12 May 2026
Grenergy secures $268m for Monte Águila hybrid plant in Chile
Spanish clean energy producer Grenergy has completed a $268m (€227.66m) senior non-recourse financing deal for its Monte Águila hybrid plant in Chile. The project, which features 342MW of solar capacity…