Sempra reports minimal flooding at Cameron LNG - Offshore Energy 2020/08/31 11:41:18 Offshore Energy
Sempra LNG, a unit of Sempra Energy, informed its Cameron LNG project sustained minimal flooding and no catastrophic wind damage from Hurricane Laura.
Cameron LNG loads 100th cargo - Offshore Energy 2020/08/27 11:34:18 Offshore Energy
San Diego-based energy company and LNG operator Sempra Energy said the Cameron liquefied natural gas (LNG) reached a major milestone.
AVEVA’s $5B Acquisition of OSIsoft Highlights Data’s Role in the Energy Transition 2020/08/25 19:32:00 Green Technology Media
For the past 40 years, OSIsoft has built a commanding position as the utility industry’s provider of choice for “data historian” software. The San Leandro, Calif.-based company’s PI software platform creates massive time-ordered records of everything from the actions of pumps, motors and turbines in power plants to split-second information flowing from solar systems and smart inverters on the power grid. On Tuesday, the privately held company with backing from investors including Japan’s SoftBank and Mitsui announced plans to be acquired by industrial software provider AVEVA. The $5 billion deal, expected to close at the end of 2020, will consist of $600 million in AVEVA shares and $4.4 billion in cash, with $900 million coming from AVEVA’s balance sheet and a $3.3 billion rights issue of shares, with the remainder to be funded through debt. The result will be a company that merges AVEVA’s portfolio of design, operations and optimization software with OSIsoft’s massive data stores and analytics expertise, for what AVEVA CEO Craig Hayman called “very strong value creation potential” across their disparate and shared markets.
Sempra Energy Foundation Donates $250,000 to California Fire Foundation 2020/08/25 10:55:00 PR Newswire
SAN DIEGO, Aug. 25, 2020 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that the Sempra Energy Foundation will donate $250,000 to the California Fire Foundation in support of the organization's wildfire relief efforts. "At a time when our state is facing an extraordinary set of…