IFC, a member of the World Bank Group, and a consortium of other lenders today finalized a $453 million debt financing package that will support the construction of a landmark hydroelectric plant in central Nepal. The plant will increase Nepal's electricity supply by one-third from today’s levels and provide clean, reliable power to up to 9 million people, part of a larger effort by IFC to create markets and fight poverty in the country.

• Contract value of € 340 million, Strabag share of 35 %
• Turbine shaft with 36 m diameter and a depth of 70 m
• United Arab Emirates among the group’s core international markets

This summer, a new European country adopted floating solar and chose Ciel & Terre’s Hydrelio solution: Germany. The country is getting interested in the installation of this state-of-the-art technology combining sunray and water. The solar array, located on an Ossola’s GmbH quarry lake and developed by Erdgas Südwest, was inaugurated earlier in the summer. It was, in the meantime, the inauguration of an unprecedented anchoring system on a FPV plant…

Fugro has successfully completed the first of three Malaysian seep hunting and geochemical campaigns for the Provision of Surface Geochemical Survey for Domestic Waters for Petroliam Nasional Berhad (PETRONAS), Malaysia’s fully integrated oil and gas company.

SNC-Lavalin (TSX:SNC) announced that it has signed two sub-contracts to support the development of the floating production unit on the proposed Scarborough gas field development project in Western Australia.

Queensland Resources Council (QRC) today welcomed Brisbane-based Senex Energy signing its first domestic gas contract from the company’s Project Atlas in the Surat Basin.

Sika is developing its mortar plant in Alexandria, Egypt, and investing in additional production lines. This expansion will bring its capacities into line with the rising demand from the booming construction market. Egypt has one of the largest populations of all the countries in the region, with some 100 million inhabitants and a thriving construction industry.

Chile has its first floating solar farm installed and on a brand-new type of site: a tailings pond, owned by the mining giant AngloAmerican.

Cimic Group company UGL, as part of a joint venture, has been awarded a new contract for services on the Woodside Energy Limited operated Karratha Gas Plant (KGP).

Cimic Group company CPB Contractors has been awarded a package of gas gathering and infrastructure works worth approximately $90 million for Australia Pacific LNG (APLNG) in the Surat Basin, Queensland.

Engineering Performance | DMT Battery Minerals

Electric mobility and the raw materials market: in this article Dirk Harbecke, Chairman of the Board, Rock Tech Lithium, explains how these are interconnected and reports on the collaboration with DMT on the Georgia Lake project in Canada.

SaskPower has signed a new term sheet with Manitoba Hydro that lays the groundwork for purchasing an additional 215 MW of reliable renewable electricity available for Saskatchewan customers.

The Queensland Resources Council (QRC) is urging jobseekers on the hunt for a new career in 2019 to consider the lucrative options in the resources sector.

Pöyry has developed a Climate Risk Management Plan for Albania's state-owned hydropower operator Korporata Elektroenergjitike Shqiptare (KESH), which was approved by KESH's supervisory board last week in Tirana. It is a strategic approach to address the challenges posed by rising temperatures and increasing hydrological variability. Implementation of the Climate Risk Management Plan will start in January 2019.

Tajikistan President Emomali Rahmon set the first turbine of the Rogun hydroelectric dam in motion at a ceremony attended by thousands to mark the latest milestone in this ambitious $3.9-billion project involving Salini Impregilo to double the country’s energy production.

The Gazprom Board of Directors approved the revised investment program and budget (financial plan) for 2018.

• 150 jobs secured at the Johan Sverdrup oil field operated by Equinor
• Oil field among the largest of the Norwegian continental shelf

The Gazprom Board of Directors commended the efforts of the Company to implement its major investment projects.