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Eni and BP to kickstart oil operations in Libya

Italian oil company Eni is buying half of BP's oil and gas operations in Libya in an effort to reestablish exploration of extraction from the oil-abundant country.

Photo: Wintershall

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Aker BP reaches revenue of one billion dollars

Norwegian Aker BP achieved a revenue of one billion dollars in the third quarter and a combined result of USD 123 million after taxes, shows the interim report for the quarter. Rising oil and gas prices boosted the result.

Siemens Gamesa invests billions in Egypt

With the establishment of a giant blade factory as bait, Siemens Gamesa expects, according to an Egyptian media, that a long protracted GW contract can be signed this year. In the meantime, however, it has secured its largest contract in the country so far.

Ørsted closer to offshore wind project in the US

With BOEM intending to evaluate the South Fork project, Danish utility Ørsted is one step closer to its first operational project in the US, slated for 2022. Meanwhile, the gates have been flung wide open for floating offshore wind in the country.

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