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29 Apr 24 |
Brazil: Perenco announces acquisition of Cherne and Bagre concessions, Campos Basin, Brazil Perenco Brazil has announced the acquisition of the Cherne and Bagre concessions from Petrobras. Following the closing of the transaction, expected in 2025, Perenco Brazil will implement an ambitious redevelopment plan to revitalise the assets, restart production to a target rate of 10,000-15,000 barrels of oil per day and unlock in excess of 50 mmstb of reserves. |
29 Apr 24 |
France: Ørsted to divest its French onshore business Ørsted has announced the divestment of its French onshore operations to ENGIE as part of a strategic prioritisation of other European markets for onshore renewables. |
29 Apr 24 |
Denmark: BlueNord provides update on Tyra Redevelopment Project Bluenord reports that, following the stock exchange notice published on 18 April 2024 by BlueNord related to the operational occurrence with the IP compressor temporarily impacting the commissioning of the new Tyra facilities during the ramp-up and testing period, continued efforts and investigations are ongoing, however, the export volumes from Tyra II are expected to be impacted for the month of May 2024. |
29 Apr 24 |
Tanzania: Aminex announces final results for year ended 31 december 2023 Aminex has announced its audited financial results for the year ended 31 December 2023. The operator of the Ruvuma PSA, ARA Petroleum Tanzania, continues to progress operations at the Ntorya gas field. |
29 Apr 24 |
Aminex agrees funding facility with Eclipse Investments Aminex, the oil and gas exploration and development company focused on Tanzania, has agreed a funding facility with its largest shareholder, Eclipse Investments. |
29 Apr 24 |
Germany: Beacon Energy announces Erfelden operational update AIM-listed Beacon Energy, the full-cycle oil and gas company with a portfolio of onshore German assets through its wholly-owned subsidiary, Rhein Petroleum, has announced that the drilling rig for the SCHB2 sidetrack has been released by the previous operator and will shortly commence mobilisation to the Erfelden site. |
29 Apr 24 |
Jadestone Energy announces 2023 full year results Jadestone Energy has announced its 2023 full year results. 2023 was a pivotal year for Jadestone, as the Company continued the deliberate move away from its older legacy assets in Australia towards newer and higher-value, higher-margin assets across the Asia-Pacific region. |
29 Apr 24 |
Norway: Horisont Energi’s Gismarvik CO2 Hub and cross-border CO2 infrastructure network receives EU Project of Mutual Interest status Horisont Energi’s Gismarvik CO2 Hub has been included in the EU list of Project for Mutual Interest (PMI) as part of the European Nautilus CCS network. 'This is a validation of the potential of this network to contribute to creating a European CCS market and support EU’s energy and climate targets. |
29 Apr 24 |
Malaysia/Vietnam: Hibiscus Petroleum announces exploration discovery at Bunga Aster-1 well Hibiscus Petroleum has announced that its wholly-owned subsidiary, Hibiscus Oil & Gas Malaysia, as the operator of the PM3 Commercial Arrangement Area Production Sharing Contract ('PM3 CAA PSC'), has successfully completed the drilling of the Bunga Aster-1 exploration well. |
29 Apr 24 |
Australia: Triangle Energy signs rig for Perth Basin well Booth-1 Triangle Energy Global has advised that its Joint Venture with Strike Energy and New Zealand Oil and Gas has contracted a rig to drill the Booth-1 well in the North Perth Basin. The Booth prospect, located in the east of L7, is planned to be the first well in the upcoming JV's drilling campaign. |
29 Apr 24 |
Repsol posts net income of €969 million in the first quarter Repsol posted net income of €969 million in the first quarter of 2024. The company's integrated business model proved its strength and was a key factor in achieving a solid adjusted income of €1.267 billion. On February 22, the company presented its Strategic Update 2024-2027, which laid out the priorities and objectives to bolster its profitable growth, consolidate its multi-energy commitment and achieve its decarbonization goals. |
29 Apr 24 |
Fugro announces Q1 2024 trading update Fugro reports a strong start of the year 2024 with continued revenue growth and margin improvement. Ongoing significant growth in offshore wind projects, resulting in 9.0% overall revenue growth. Further improvement in profitability, resulting in 16.5% EBITDA margin and 8.8% EBIT margin, and operating cash flow increases by EUR 24.0 million to EUR 66.2 million; offset by higher working capital compared to exceptionally low level at year-end 2023. |
29 Apr 24 |
Nigeria: NNPC restarts production from the Awoba field The Nigerian National Petroleum Company (NNPC) and its Joint Venture partner, Newcross Exploration and Production, have restarted production from the Awoba field which last contributed production to the Bonny Terminal in 2021 and was finally shut down in February 2022 due to evacuation issues and crude oil theft. |
26 Apr 24 |
Australia: Falcon Oil & Gas announces Shenandoah South-1H well IP90 day flow rates of 2.9 MMcf/d (normalised to 5.8 MMcf/d) Falcon Oil & Gas has announced that the Shenandoah South 1H (SS-1H) well in EP117 achieved above commercial IP90 flow rate of 2.9 MMcf/d (normalised to 5.8 MMcf/d over 1,000 metres). |
26 Apr 24 |
Egypt: TAG Oil commences flow back of BED4-T100 horizontal well TAG Oil has successfully pumped all twelve planned stages of its multistage hydraulic frac on its BED4-T100 well location within the Badr Oil Field ('BED-1'). A further update will be provided in due course on the well tie-in and facilities configuration after production volumes have been established. |
26 Apr 24 |
Brazil: PGS reveals comprehensive data coverage on nominated blocks in Santos Basin PGS offers comprehensive data coverage of several blocks newly approved for licensing in the Santos Basin. The Amazonita, Safira Oeste, and Safira Leste blocks, which lie in one of Brazil's most prolific offshore basins, have been approved by both ANP and CNPE for the upcoming Permanent Offer Sharing Round. |
26 Apr 24 |
TotalEnergies announces first quarter 2024 results TotalEnergies announces first quarter 2024 results. The Company announced first quarter 2024 adjusted net income of $5.1 billion and cash flow of $8.2 billion, in line with its ambitious 2024 objectives. |
26 Apr 24 |
Trinidad: Trinity Exploration provides Q1 2024 operational update AIM-listed Trinity Exploration & Production, the independent E&P company focused on Trinidad and Tobago, has provided an update on operations for the three-month period ended 31 March 2024. |
25 Apr 24 |
GeoPark announces Q1 2024 operational update GeoPark, a leading independent Latin American oil and gas explorer, operator and consolidator, has announced its operational update for the three-month period ended March 31 2024. |
25 Apr 24 |
Kazakhstan: Tengizchevroil starts WPMP operations at Tengiz oil field in Kazakhstan Chevron has announced that its 50 percent owned affiliate Tengizchevroil (TCO) has safely commenced operations at its Wellhead Pressure Management Project (WPMP) at the Tengiz oil field in Kazakhstan. This marks important progress for TCO’s overall expansion project at Tengiz. |
25 Apr 24 |
Turkey: Trillion Energy announces 2023 year end reserve report Trillion Energy International has provided a summary and highlights of its December 31, 2023 year-end reserve report. Total proved plus probable conventional natural gas reserves increased to 55.75 Bcf up from 42.5 Bcf (2022), an increase of 31% from 2022. Total proved plus probable oil reserves of 240 Mbbl of oil for Cendere oil field compared to 252 Mbbl of oil in 2022. |
25 Apr 24 |
Hess reports estimated results for the first quarter of 2024 Hess Corporation has reported net income of $972 million in the first quarter of 2024, compared with net income of $346 million in the first quarter of 2023. The increase in after-tax earnings compared with the prior-year quarter primarily reflects higher production volumes in the first quarter of 2024. |
25 Apr 24 |
CNOOC Limited achieves strong growth in both net production and net profit in Q1 2024 CNOOC Limited has announced its operating results for Q1 2024. During the quarter, CNOOC Limited recorded a total net production of 180.1 million barrels of oil equivalent ('BOE'), representing an increase of 9.9% year-on-year ('YoY'). The net production from China grew by 6.9% YoY to 123.2 million BOE. Overseas net production rose by 16.9% YoY to 56.9 million BOE, which was mainly driven by increased production from Guyana and Canada. |
25 Apr 24 |
UK: PBS announces contract extension with TotalEnergies PBS has secured an extension to the General Maintenance and Operations Contract (GMOC) awarded by TotalEnergies in 2020 to cover its North Sea assets. GMOC services have been extended through to May 2026. |
25 Apr 24 |
Taiwan: Ørsted inaugurates the Asia-Pacific region’s largest offshore wind farms Ørsted has announced the inauguration of the Greater Changhua 1 and 2a offshore wind farms in Taiwan. With a total installed capacity of 900 MW, the two offshore wind farms are in operation and fully connected to the grid, making them the largest of their kind in Taiwan and in the Asia-Pacific region. |