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.

Nordseecluster A offshore wind farm delivered electricity to the German grid for the first time, following installation of its first turbine.

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.

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.