All articles by Pradeep Bairaboina
Pradeep Bairaboina
Equinor discovers gas at Skred prospect in Barents Sea
Preliminary estimates suggest the discovery holds between 0.3 and 0.5 billion standard cubic metres of recoverable gas, equivalent to 1.9 to 3.1 million barrels of oil.
MP Materials, DoD partner to build US rare earth magnet supply chain
The partnership aims to boost domestic production, enhance industrial resilience, and secure supply chains for high-growth industries.
Ørsted secures project financing for Greater Changhua 2
The transaction ensures further progress on both Ørsted’s partnership and divestment programme and its strategic priorities.
EnQuest closes acquisition of Harbour Energy’s Vietnam business
The transaction aligns with EnQuest’s strategic aim to expand its operating footprint by investing in fast-payback assets.
Thiess secures extension at Wahana project in Indonesia
The extension enables the client to access additional coal resources, unlocking greater production output through 2025 and 2026.
Lydian Energy secures $233m for Texas battery storage projects
The company received institutional financing from ING and KeyBank for Pintail, Crane, and Headcamp BESS projects via Excelsior Fund II.
SEK provides €800m loan for Eastern Green Link 2 project
The 2GW HVDC cable will facilitate power transmission between Scotland and England, capable of supplying electricity to two million homes upon completion.
Vistra secures NRC approval to operate Perry Nuclear Plant until 2046
Vistra submitted its renewal application in 2023, making Perry the last of the company’s six nuclear reactors to secure a license extension.
UK approves construction of Mona Offshore Wind Project in Irish Sea
The Mona Offshore Wind Farm will feature up to 96 wind turbines, generating approximately 1.5GW of electricity.
EDF to invest €6bn in extending life of 20 nuclear reactors
ASNR has authorised EDF to enhance safety standards at its 1.3GW reactors, allowing them to function beyond their original 40-year design.