The chairman and general director of Sonatrach Abdelmoumen Ould Kaddour and Eni CEO Claudio Descalzi have signed a Memorandum of Understanding (MoU) in Algiers for the development of a partnership in the renewable energy sector
Renewables
BP secures 43 per cent share in solar energy firm Lightsource
British oil producer BP has announced that it would buy a 43 per cent stake in solar energy firm Lightsource for US$200mn
The UAE commences renewable energy training programme for Pacific Island countries
The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) has launched a two-year renewable energy training programme for Pacific Island countries
The UK-based investment fund acquires the UAE?s Enviromena
Arjun Infrastructure Partners (AIP), the UK-based independent infrastructure investment advisory company, has acquired Enviromena Power Systems, a portfolio company of Abu Dhabi Future Energy Company (Masdar)