Saturday – July 4, 2026

Finance

S&P Global Ratings’ Samira Mensah Joins African Energy Chamber G20 Forum

With an energy finance gap estimated between $30 billion and $50 billion per year, Africa is pursuing diversified sources of financing to address this shortfall ...

African Mergers and Acquisitions Set to Surge in 2026

The African upstream sector is set for a dynamic year in 2026 as mergers and acquisitions (M&A) continue to reshape the continent’s energy landscape.

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Ørsted to Divest 50% Stake in Hornsea 3 Offshore Wind Farm to Apollo

Ørsted has entered into an agreement with Apollo-managed funds (‘Apollo‘) for a 50 % equity ownership share in Ørsted’s 2.9 GW Hornsea 3 Offshore Wind ...

EnerMech Strengthens Americas Operations with Multi-Year Strategic Investment Program

EnerMech has embarked on a multi-year, high-value investment program across its Americas operations, reinforcing its long-term commitment to the region and its people.

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African Energy Chamber to Host G20 Africa Energy Investment Forum

As the need to make energy poverty history becomes increasingly more urgent, the African Energy Chamber (AEC) (https://EnergyChamber.org/) has announced the launch of the G20 ...

Kansai Electric Invests in Simply Blue Group to Accelerate Offshore Wind Development

Simply Blue Group, a leading developer of renewable energy projects, announces that Kansai Electric Power Co., Inc. (“KEPCO”) has signed a Share Subscription Agreement with ...

Teledyne Completes Acquisition of TransponderTech from Saab

Teledyne Technologies Incorporated (“Teledyne”) announces the successful completion of the acquisition of the TransponderTech business from Saab AB.

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Grenada Advances Offshore Hydrocarbon Strategy with Trilateral Oil & Gas Commission Proposal

The Government of Grenada has formally proposed the establishment of a trilateral oil and gas coordination commission involving Venezuela and Saint Vincent and the Grenadines, ...

Guinea-Conakry Emerges as West Africa’s Next Oil & Gas Frontier

Guinea-Conakry, long known as one of the world’s leading bauxite exporters with nearly 100 million tons shipped in the first half of 2025, is now ...

Ørsted Adjusts Organization to Strengthen Competitiveness

Ørsted is taking another step in the execution of its updated business plan and strategic priorities by reducing its organization by approx. 2,000 positions towards ...

Saipem Rakes in $135M in Offshore Contracts and Extensions

Saipem has strengthened its offshore drilling order intake with new contract awards and extensions worth a total amount of approximately $135 million, further reinforcing its ...

Suriname Emerges as Caribbean’s Next Oil & Gas Powerhouse

Suriname is emerging as a rising star in the global energy scene and has the potential to make a significant impact with its vast oil ...

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