Joint venture

Crude Oil

First Oil Flows From Offshore Project in Southeast Asia Ahead of Schedule

Vietsovpetro, the Vietnam–Russia joint venture between PetroVietnam and Zarubezhneft, has achieved first oil production from the BK-24 wellhead platform a…

Offshore Wind Power

Nexans Wraps up Final Export Cable Campaign at 496 MW Offshore Wind Farm in France

Nexans has completed the final phase of the export cable installation for the 496 MW Dieppe Le Tréport offshore wind farm in France, developed by Eolienn…

Oil Field

Exxon Greenlights $6.8 Billion Investment for Hammerhead Project in Guyana

Exxon Mobil announced on Monday the approval of funding for its seventh oil development project, named Hammerhead, in Guyana’s Stabroek Block. This milest…

Metal

BHP, Lundin Mining Bet $400M on Argentina Copper Hub

BHP (ASX, NYSE: BHP) and Lundin Mining’s (TSX: LUN) joint venture in Argentina, Vicuña Corp, is investing over $400 million near the Chilean border…

Denmark

First Commercial Ship Berths at Rijeka Gateway, Marking Operational Kickoff

On September 10, the Rijeka Gateway, a joint venture between Denmark-based A.P. Moller-Maersk’s APM Terminals and Croatian investor Energia Naturalis (ENN…

Hydropower Plant

Statkraft Sells 49% Stake in Indian Hydropower JV

Statkraft, a Norway-based renewable energy producer, has finalized the sale of its 49% minority stake in the hydropower joint venture Malana Power Company to In…

United States

Jacobs JV to Start Designing New York’s New Light Railway

The Metropolitan Transportation Authority (MTA) has engaged a joint venture (JV) of Jacobs and HDR to provide engineering consultancy for the Interborough Expre…

Power Construction

RWE and Apollo Establish JV to Support Grid Upgrades in Germany

RWE has entered into a joint venture (JV) with Apollo Global Management to finance its 25.1% shareholding in German transmission system operator Amprion. The ag…

China

NatPower Marine, Wah Kwong Set Up JV to Build Asian Shore Power Network

NatPower Marine, an independent clean energy company for the maritime sector, and Hong Kong-based shipowner Wah Kwong have formed a joint venture (JV) to build …

China

Ernst Russ and Eimskip Team Up for Boxship Newbuilds in China

German shipowner Ernst Russ has partnered with Icelandic carrier Eimskip to expand their joint venture, ElbFeeder, with the addition of new containerships. The …

United Kingdom

Plastic Energy and SABIC Announce Production of First Batch of TACOLL From Waste Plastic

Plastic Energy, a leader in chemical recycling based in London, UK, has successfully produced its first batch of TACOIL™ at a joint venture plant with SAB…

Carbon Storage

Northern Lights: Third and Fourth LNG-Fueled LCO2 Carriers See First Light of Day

China’s Dalian Shipbuilding Industry (DSIC), part of China State Shipbuilding Corporation (CSSC), has launched two new liquefied carbon dioxide (LCO2) car…

Gas power plant

Shell-FOCOL JV Books Nikkiso for Its LNG-To-Power Project in Bahamas

Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG), a subsidiary of Japan’s Nikkiso, has been contracted by New Providence Gas (NPG), a joint v…

United States

Stargate Project: Foxconn, SoftBank to Manufacture Data Centre Equipment

Foxconn, a global technology manufacturer, has partnered with SoftBank to produce data centre equipment at its former electric vehicle factory in Lordstown, Ohi…

Metal

De Beers Announces Kimberlite Field Discovery in Angola

On August 12, 2025, De Beers, a unit of Anglo American, announced the discovery of a new kimberlite field in Angola, marking its first such find in 30 years. Th…