RWE Renewables France and Bourbon Subsea Services have signed a partnership agreement to jointly bid for the Mediterranean floating offshore wind auction.
Rystad forecasts that the combined Diamondback Energy-Endeavor Energy company will produce 819,500 barrels of oil equivalent per day in the Permian this year.
'As Europe approaches winter's end with higher than normal gas in storage, the Title Transfer Facility forward curve continues to reflect a relatively subdued market'.
'By 2050, renewable energy sources, including hydro in addition to solar and wind, are expected to constitute a staggering 70 percent of the Middle East's power generation mix,' Rystad said.