We Are Salt Consultancy’s Post

#OFTO There is still time to register your interest to attend the #online launch of Ofgem's Tender Round 11 (#TR11). Do not miss this #opportunity to hear about the latest offshore transmission asset that will be coming to the market in #2024 #followusformore #oftoregime updates.

Who doesn't like offshore wind for brunch or breakfast? Join Alon Carmel, Carl Gustav Gordon, Wen-Yu Weng, and a poor fourth choice for this discussion. If you aren't a fan of GMT conversions, the time is 11-12 Eastern/9-10 Mountain. We’ll be covering the ever-evolving offshore wind sector, across the European and US markets. We’ll uncover key trends and challenges shaping the industry, from strategic divestments and acquisitions to the evolving auction formats. Delve into the intricacies of auction design trends, including the inclusion of non-price criteria, and grasp the risk and opportunities faced by bidders. Plus a lot more! Register using this link >> https://bit.ly/49Km2OP

📢 BREAKING NEWS 📢 Crown LNG Holdings AS and Catcha Investment Corp have announced that the U.S Securities and Exchange Commission has declared the Registration Statement on Form F-4 effective for their proposed business combination. Crown LNG Holdings AS provides LNG liquefaction and regasification terminal infrastructure solutions for harsh weather locations while Catcha Investment Corp is a publicly traded special purpose acquisition company. Together, they will join forces in the proposed business combination. This collaboration is set to have a positive impact on the energy industry market. We can't wait to see what they will achieve together! Stay tuned for further updates. #CrownLNGHoldings #CatchaInvestmentCorp #BusinessCombination #EnergyIndustry #Collaboration #MarketUpdates

Turn Black Gold into Green for Your Wallet Discover the power of oil and gas investments with Xavion Energy. We're dedicated to unlocking lucrative opportunities that transform natural resources into long-term income for our investors. Join us in tapping into the wealth beneath the surface and secure your financial future. 🌟 #XavionEnergy #OilAndGasInvestments #BlackGold #WealthBuilding #InvestmentOpportunity #FinancialGrowth

Moody’s assigns negative outlook to Czech CEZ after Gasnet takeover #bne #bneEditorsPicks #Czech International rating agency Moody’s has affirmed the Baa1 rating and the baa2 Baseline Credit Assessment (BCA) for the Czech majority-state-owned energy utility CEZ. Moody’s also changed the outlook to negative from stable. Moody’s action comes after CEZ confirmed it had signed an agreement to buy 55.2% of Gasnet, the largest Czech gas distribution company, for €846.5mn from Macquarie Asset Management. The Gasnet acquisition comes amid the efforts of the Czech state to gain a stronger footing in the energy infrastructure and diversification from its dependency on Russian energy supplies.

The modern offshore sector, be it oil and gas or renewables, is built on knock-for-knock agreements. They facilitate information sharing, avoid proliferation of claims and legal disputes and ultimately reduce the operating costs of all parties, particularly their insurance costs. More recently the Club is seeing an increasing number of what are often labelled as 'hybrid' knock-for-knock agreements. In the Club's latest article, Alex McCooke (Offshore Syndicate Manager - Claims) explores the detail of these contracts further and the potential hidden costs when agreeing to such arrangements. Read more here: https://lnkd.in/ezNrDSAJ #offshore #knockforknock #shippinglaw #contracts

Insightful article that is well worth a read for anyone in offshore energy.

A time to sell or hold - what's the value of early-stage offshore wind assets?💎 Your team has developed a project with very low DEVEX. Now it's time to invest to take it to the next phase or decide to move on. Will the value of the project increase enough if the project matures? To support M&A strategy and uncover valuation trends, Aegir Insights explores price signals via a ‘multiples approach’ that integrates asset transactions, corporate valuations, and lease prices from recent auctions.

Deal-makers focused in 1H'24 on traditional #energy #consolidation, led by Chesapeake Energy’s $7.4B acquisition of Southwestern Energy and EQT Corporation’s $6.3B acquisition of Equitrans Midstream Corporation (both deals are still #pending). Shown below are the top 10 #energy advisors by total deal value year-to-date, according to Transactions League Tables on S&P Global Market Intelligence's CapitalIQ: