All articles by Pradeep Bairaboina
Pradeep Bairaboina
MODEC, Eld Energy partner to expand SOFC capacity for FPSOs
The collaboration aims to enhance offshore power solutions, with onshore testing planned for 2027.
Noble secures new offshore drilling contracts worth $1.3bn
The contracts include a three-year deal for the Noble GreatWhite semi-submersible, boosting the company’s operations in Norway.
GIP to buy 49.99% stake in Eni CCUS to boost carbon capture initiatives
Eni CCUS currently manages Liverpool Bay and Bacton in the UK, L10 in the Netherlands, with an option to join the Ravenna CCS project in Italy.
Google and Kairos Power to connect advanced nuclear facility to TVA grid by 2030
Under a new agreement, TVA will acquire up to 50MW of electricity from Kairos Power’s Hermes 2 reactor.
ExxonMobil starts production from Yellowtail development offshore Guyana
The oil extracted from this vessel will be marketed under the name Golden Arrowhead crude.
KAPP signs agreement with ACWA Power and GIC for Al-Zour North expansion
The Al-Zour North development is expected to deliver 2.7GW of electricity and 120 million gallons of desalinated water daily.
Talen Energy to acquire Moxie Freedom and Guernsey Power stations for $3.5bn
The acquisition will enhance Talen’s portfolio with high-efficiency H-Class CCGTs, increasing its annual generation capacity by 50% from 40TWh to 60TWh.
US imposes 93.5% anti-dumping tariff on Chinese graphite imports
The decision follows an investigation revealing that these materials, crucial for EV batteries, are being sold in the US at prices below fair market value.
MP Materials, Apple sign $500m deal for sustainable rare earth magnets
The agreement allows Apple to obtain 100% recycled rare earth magnets from domestic sources for its products, bolstering US manufacturing capabilities.
Masdar, Iberdrola to invest €5.2bn in UK’s East Anglia THREE offshore wind farm
The East Anglia THREE project, located off the Suffolk coast, will see both companies holding equal stakes and co-governing the asset.