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13 May 24 |
Tunisia: Voltalia wins a 130-megawatt solar project in Tunisia Voltalia, an international player in renewable energies, has won a solar project near Gafsa in south-west Tunisia. Building on its expertise and commitment to the region for more than five years, Voltalia has been awarded a 130-megawatt solar project in the Gafsa region. |
13 May 24 |
Gulf Keystone Petroleum announces operational update and launch of up to $10 million share buyback programme Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, has provided an operational update and has announced the launch of a share buyback programme of the Company's Common Shares for up to a maximum aggregate consideration of $10 million. |
13 May 24 |
Serinus Energy announces Q1 2024 interim financial results Serinus Energy, an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania, has announced its interim financial results for the three months ended 31 March 2024. |
13 May 24 |
Poland: Cadeler strengthens position in Polish offshore wind market after securing vessel reservation agreements with two Equinor and Polenergia JVs Cadeler has secured vessel reservation agreements with both MFW Baltyk II and MFW Baltyk III, each a joint venture project owned 50% by Equinor and 50% by Polenergia, marking the first contract between the parties. Operations are scheduled to commence in 2027. The wind farms are situated in the Baltic Sea. |
13 May 24 |
UK: Jersey Oil & Gas announces final results for the year ended 31 December 2023 AIM-listed Jersey Oil & Gas, an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, has announced its audited financial results for the year ended 31 December 2023. Successful completion of two significant Greater Buchan Area farm-out transactions ensured the Company delivered on its core strategic objectives during 2023. |
13 May 24 |
Egypt: QatarEnergy farms into ExxonMobil exploration blocks offshore Egypt QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt. The Cairo and Masry offshore exploration blocks were awarded to ExxonMobil in January 2023. |
13 May 24 |
Australia/Japan: INPEX and JERA sign agreement to jointly study feasibility of Japan-Australia CCS value chain INPEX has signed an agreement with JERA to conduct a joint study to assess the feasibility of establishing a Carbon Capture and Storage (CCS) value chain involving the capture of CO2 in Japan and its transportation to Australia for storage. |
13 May 24 |
UK: C-Capture launches innovative carbon capture trial for cement industry C-Capture, developers of next generation technology for carbon dioxide removal, has launched a new carbon capture trial in the cement manufacturing sector in partnership with Heidelberg Materials. |
13 May 24 |
Seatrium signs multi-year Technology Collaboration Agreement with ABS to accelerate decarbonisation and energy transition Seatrium, a global provider of engineering solutions to the offshore, marine, and energy industries, has announced a three-year Technology Collaboration Agreement (TCA) with ABS (American Bureau of Shipping) at the Offshore Technology Conference (OTC) 2024 in Houston, Texas. |
13 May 24 |
EMGS reports first quarter 2024 results Electromagnetic Geoservices (EMGS), the marine EM market leader, has reported its first quarter 2024 results. The Company recorded revenues of USD 0.2 million, down from USD 5.0 million in the first quarter of 2023 and down from USD 1.1 million in the fourth quarter of 2023. |
13 May 24 |
Brazil: Petrobras relies on a solid supply chain to put 14 platforms into production Petrobras will need a broad and qualified supply chain to meet the demand for new production systems in the coming years. From 2024 to 2028, the Company will start up 14 floating oil production platforms, which account for a third of the global FPSO orders in this period. |
13 May 24 |
Halliburton launches innovative lost circulation cementing solution Halliburton Company added the SentinelCem™ Pro cement system to its lost circulation solutions portfolio. The single-sack packaging enables proactive storage in offshore and remote locations. |
13 May 24 |
Germany: First wind turbine installed at Baltic Eagle offshore wind farm The first of a total of fifty wind turbines has been successfully installed at the 476 MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola, a world leading clean energy company, and Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse. The Baltic Eagle offshore wind farm is an important part of Iberdrola's 'Baltic Hub' in the German Baltic Sea. |
13 May 24 |
Turkey: Subsea Integration Alliance awarded contract offshore Türkiye Subsea 7 has announced the award of a large contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye. |
10 May 24 |
Australian government declares gas to be essential until 2050 and beyond Australia's Future Gas Strategy (FGS) highlighted a commitment for Australia to remain a reliable trading partner for liquefied natural gas (LNG), while underscoring the role of gas in Australia's energy mix until 2050 and beyond, according to Wood Mackenzie. This strategy may lower perceptions of 'sovereign risk' for investors. |
10 May 24 |
UK: Up to £3bn of emissions reduction schemes proposed by North Sea operators North Sea oil and gas operators could invest up to £3 billion in 14 major projects capable of cutting up to 32 million tonnes of lifetime CO2e emissions from their production activities. The projects – highlighted at the North Sea Transition Authority’s (NSTA) annual performance review of the UK’s top 20 operators – involve using low-carbon power on platforms, installing technologies designed to eliminate routine flaring and venting, and hydrogen. |
10 May 24 |
Namibia: 2D seismic acquisition program awarded for Namibian PEL 93 acreage 88 Energy has announced the awarding of the 2D seismic data acquisition program for PEL 93 to Polaris. This program is set to acquire a minimum of ~200-line km of low-impact 2D seismic. |
10 May 24 |
Tanzania: Aminex provides update on Ntorya to Madimba Pipeline Aminex has announced that during a recent operations meeting in Muscat, Oman with ARA Petroleum Tanzania (APT) and Aminex, the Tanzania Petroleum Development Corporation (TPDC) updated the joint venture partners on its progress to construct a pipeline spur from Ntorya to the Madimba gas processing plant. |
10 May 24 |
US: Ascent Resources provides update on US gas and helium investment Ascent Resources has announced, further to its investment into GNG Partners, which owns the 60MMscfd Lisbon Valley gas and helium processing plant in Utah USA, that GNG have provided the Company with an operational update. The Lisbon Valley plant is now on track to have the 550Mscfd helium liquidation unit recommissioned and in operational working order by the end of this calendar year. |
10 May 24 |
PGS is awarded a 4D contract in West Africa PGS has been awarded a 4D contract in West Africa for an international energy company. Mobilization is scheduled for early September. The contract has a total duration of approx. 65 days, with an option to extend. |
10 May 24 |
Panoro Energy announces trading statement and operations update Panoro Energy has provided an update in advance of its Q1 2024 results which are scheduled for release on 23 May 2024. Production performance is in Q1 is in line with previously communicated guidance, reflecting the good progress the Company is making towards growth targets and delivery of sustainable and material shareholder returns. |
10 May 24 |
Gabon: Panoro Energy confirms oil at Hibiscus South Extension Panoro Energy has announced that the DHBSM-2P pilot well has successfully encountered oil and confirmed a north-eastern extension of the Hibiscus South field at the Dussafu Marin Permit offshore Gabon, further increasing recoverable reserves. |
10 May 24 |
Spain: Exus acquires 51MW Spanish wind farm from Grupo Enhol Exus Renewables, a premier independent power producer and asset management firm specialising in the renewable energy sector, has announced the acquisition of a 51-megawatt wind farm located in the north of Spain, from independent Spanish company Grupo Enhol. |
09 May 24 |
James Fisher completes its largest decommissioning project to date James Fisher has completed critical decommissioning operations offshore in the Gulf of Thailand as part of a major offshore operator’s wider asset end-of-life campaign. |
09 May 24 |
Nigeria launches 2024 Licensing Round at OTC 2024 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Tuesday, May 7, announced the commencement of the 2024 Licensing Round at the on-going Offshore Technology Conference in Houston, Texas. |