Acwa Power, a global utility leader, said it has successfully completed the acquisition of French energy major Engie’s strategic gas-fired power generation and water desalination assets in Kuwait and Bahrain along with the related O&M companies for $693 million.
The World Future Energy Summit 2026, hosted by Masdar and part of Abu Dhabi Sustainability Week, will address key economic and geopolitical challenges facing the rapidly expanding solar-energy industry.
Saipem, a global leader in the engineering and construction of key energy projects, has announced that it has secured an EPCI contract worth $3.1 billion from QatarEnergy LNG for the Comp5 package of its North Field NFPS Offshore Compression Complexes project.
Waaree Solar Americas has signed a binding term sheet to invest $30 million in Oman-based United Solar Holding (United Solar) through Series B preferred shares, alongside a long-term polysilicon offtake agreement to support Waaree’s global solar manufacturing operations, and in particular US operations.
Mubadala Investment Company has committed circa €300 million ($351 million) to partner with leading growth market sustainable infrastructure investor Actis in Rezolv Energy, a rapidly scaling independent renewable energy platform in Central and Eastern Europe.
KKR, a leading global investment firm, has announced a strategic financing transaction with ACWA Power, the world’s largest private water desalination company, a leader in energy transition and a first mover in green hydrogen.
Lamprell secured four Engineering, Procurement, Construction and Installation (EPCI) contracts in 2025, advancing its Saudi Arabia operations. The projects encompass new platform installations, subsea structures, pipelines, and cables, along with platform and infrastructure upgrades.
Chinese oil major CNOOC, opens new tab said that an offshore oil project in the South China Sea had commenced production. Xijiang Oilfields 24 Block Development Project, located in the shallow water of the Pearl River Mouth Basin, is expected to achieve a plateau production of about 18,000 barrels of light crude oil equivalent per day in 2026.
ERA has signed a seven-year LNG supply agreement with Hokkaido Gas, starting in 2027, to deliver two to three LNG cargoes annually, equivalent to 130,000–200,000 tonnes per year, on a delivered ex-ship basis from its global LNG portfolio.
JERA, Japan’s power generation company, has been certified by the Ministry of Economy, Trade and Industry (METI) as a Supplier of Low-Carbon Hydrogen and its Derivatives under the “Support Focusing on the Price Gap” Scheme established by the Hydrogen Society Promotion Act.
