Latest News
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10 May 24
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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. -
09 May 24
Australian Government announces Future Gas Strategy
The Australian Government has released a medium and long-term strategy that establishes the role gas will play in the transition to net zero by 2050, securing affordable gas for Australia as it moves to a more renewable grid, and confirming its commitment to being a reliable trading partner. -
09 May 24
US: Equinor enters partnership with Standard Lithium
Equinor has entered into an agreement with Standard Lithium to acquire a 45% share in two lithium project companies in Southwest Arkansas and East Texas. Lithium is an essential mineral in the energy transition and is required to meet the projected growth in electric vehicles and broader battery energy storage. -
09 May 24
CGG launches AI cloud solution powered by NVIDIA for optimized AI and HPC workloads
CGG, a global technology and HPC leader, has announced the launch of its AI Cloud solution, designed to meet the needs of data-intensive industries, including life sciences, digital media, manufacturing and geoscience, that seek to optimize and accelerate their demanding and resource-heavy AI workloads. -
09 May 24
Oman: CB&I awarded contract by TotalEnergies and OQ for full containment liquefied natural gas tank in Oman
CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a significant contract by Marsa Liquefied Natural Gas, a joint venture between TotalEnergies and OQ for the engineering, procurement, construction (EPC) of a full containment concrete liquefied natural gas (LNG) storage tank, located in Oman's Port of Sohar. -
09 May 24
Valeura Energy announces Q1 2024 results
Valeura Energy, the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Türkiye, reports its unaudited financial and operating results for the three month period ended March 31, 2024. -
09 May 24
Wood Group announces trading update Q1 2024
John Wood Group has announced a trading update for the quarter ended 31 March 2024. Wood is in the second year of its growth strategy and is making good progress, with EBITDA growth, margin expansion and an order book 9% higher than a year ago. -
09 May 24
Harbour Energy announces trading and operations update
Harbour Energy has provided an unaudited Trading and Operations Update for the first quarter of 2024. During the first quarter, Harbour continued to maximise the value of its UK production base and advance its organic growth projects. At the same time, the Company made significant progress towards completion of the Wintershall Dea acquisition.
