The European Commission (EC) has initiated an in-depth probe into the previously announced merger between rival offshore engineering and construction services providers Saipem and Subsea 7.
Brookfield has agreed to purchase Aypa Power from funds managed by Blackstone Energy Transition Partners, assigning an enterprise value of about $7bn and an equity value of $3bn to the transaction.
Eni has reported the initial production of industrial electricity from the 120MW gas power facility, a central part of the 247MW Mangystau Hybrid Power Plant Project in Kazakhstan.
Nordseecluster A offshore wind farm delivered electricity to the German grid for the first time, following installation of its first turbine.
Iberdrola has agreed to acquire Finland-based power distribution company Caruna in a deal that values the business at approximately €5bn ($5.7bn), including financial debt.