TotalEnergies and Airbus, an aircraft manufacturer, have signed two clean firm power contracts to supply 3.3 TWh to all major Airbus sites located in Germany and the UK. The electricity supplied to Airbus into the next decade will have a baseload profile and come from new renewable assets with a capacity of 200 MW. This supply will cover half of the electricity needs of the sites concerned, starting from 2027.
TotalEnergies has signed agreements to acquire a 42.5 per cent operated interest in PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings (“Eight”) and Maravilla Oil & Gas. Located in the Lüderitz basin, PEL104 license covers an area of around 11,000 km2 offshore Namibia.
Covestro, Fertiglobe, and Ta’ziz signed an MoU to explore collaboration across ammonia and nitric acid value chains. They will assess short-term ammonia supply to Covestro’s China and US sites and longer-term low-carbon and green ammonia options for Europe, China, and the US, leveraging carbon capture and renewable technologies.
Masdar and RWE signed a Memorandum of Understanding to advance renewables in Germany and Europe. They will jointly explore investments in battery energy storage systems (BESS), with Masdar potentially investing up to 1 GW in existing projects by 2030 and co-developing new projects up to 1 GW by 2035.
Progress on the BorWin6 Project advances with the completion of a fabrication yard in Jebel Ali, UAE. Mammoet has handled the transport, loadout, and mooring of the 5,461-tonne offshore jacket foundation, which will support the BorWin6 offshore converter platform, BorWin kappa, in the German North Sea.
Arabian Drilling Company has appointed Fahad Abdullah Al Bani as its new CEO following the resignation of Ghassan Abdulaziz Mirdad from his post. An industry veteran, Al Bani is a seasoned upstream leader with three decades of expertise in drilling engineering and large-scale operational excellence.
Flowserve, a provider of flow control products and services for infrastructure markets, has signed a definitive agreement to acquire Trillium Flow Technologies’ Valves Division (TVD) for $490 million in cash. TVD provides engineered, mission-critical valves used in nuclear and traditional power generation, industrial, and critical infrastructure applications.
Adnoc and RWE Supply & Trading (RWE) announced a strategic collaboration to explore LNG supply of up to 1 mtpa to Germany and Europe for up to 10 years. The agreement also includes potential cooperation in LNG trading, regasification, and broader opportunities across the gas and LNG value chain.
The Global Energy Efficiency Alliance (GEEA) launched its AI-powered digital platform, GEEA.AE, at the World Government Summit 2026. The platform connects governments, industry, finance, and academia, enabling exchange on energy efficiency policies, projects, investments, and showcasing innovative technologies across member states worldwide collaboration and expertise.
The Abu Dhabi Department of Energy (DoE) has launched the Solar (Photovoltaic) Energy Self-Supply Policy in Abu Dhabi, enabling customers to improve daytime electricity efficiency and increase reliance on clean and renewable energy sources through the adoption of smart and flexible energy-consumption solutions.
