Latest News
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16 May 24
UK: New OEUK report reveals smart support for offshore wind could be a game changer
A new Wind Insight report published by Offshore Energies UK sets out the key opportunities and challenges for offshore wind deployment in the UK. It says that smart new approaches are needed to overcome obstacles such as cost inflation and planning consent delays so the UK can unlock investment and power ahead in the global race for the next generation of projects, including game-changing floating wind technology. -
16 May 24
CGG changes name to Viridien
At the Annual General Meeting on May 15, 2024, shareholders approved the resolution to change the company’s corporate name from CGG to Viridien. To further support its growth strategy, the company will launch the new Viridien brand on 10th June at the upcoming EAGE Annual Conference in Oslo, further strengthening its focus across a portfolio of solutions. -
16 May 24
Qatar: QatarEnergy to double its LNG production capacity in the next few years
QatarEnergy's CEO said Qatar’s LNG expansion projects are moving ahead on track towards an increased production capacity of 142 million tons per annum, adding that 'with 18 million tons per annum coming from our LNG project in Texas, Qatar will be doubling its LNG production capacity in the next few years.' -
16 May 24
Eni publishes Eni for 2023 report outlining the company's sustainability goals and achievements for the year
Eni has announced the publication of its voluntary sustainability report 'Eni for 2023 - A Just Transition,' which traces the progress made over the past year, highlighting the company's commitment to promoting a just energy transition, aiming for carbon neutrality by 2050. -
16 May 24
Tullow Oil issues AGM trading update
Tullow Oil has issued a trading update in advance of the Group's Annual General Meeting (AGM). The Company has seen good delivery of its operational programme and is on track to deliver its free cash flow expectations of c.$600 million over 2024 to 2025 at $80/bbl and is well placed to capitalise on a higher oil price environment. -
16 May 24
Colombia: Arrow Exploration announces the spud of the CNB HZ-1 well
Arrow Exploration has announced the spud of the Carrizales Norte B pad Horizontal Well 1 ('CNB HZ-1') on the Tapir Block in the Llanos Basin of Colombia. The CNB HZ-1 well will develop the Ubaque formation which has been successfully delineated by the CN Q1 2024 well program. -
16 May 24
Guyana: Seatrium awarded repeat FPSO integration contract from SBM Offshore
Seatrium has been awarded a contract for the topsides fabrication and integration of a Floating Production Storage and Offloading (FPSO) vessel. The FPSO will be deployed to serve in the Whiptail Field, Offshore Stabroek Block, Guyana for ExxonMobil Guyana. -
16 May 24
Suriname: PETRONAS makes latest oil and gas discovery in Suriname's offshore Block 52
PETRONAS has made a third hydrocarbon discovery in Block 52 at the Fusaea-1 exploration well in Suriname’s Block 52, located about 170 kms offshore and 9 kms east from Roystonea-1. The well encountered several oil and gas-bearing Campanian sandstone reservoir packages. -
16 May 24
UK: DNO completes acquisition of 25 percent of UK’s Arran field
DNO, the Norwegian oil and gas operator, has announced the completion of the acquisition of a 25 percent interest in the Arran field on the UK Continental Shelf by the Company’s wholly-owned subsidiary DNO Exploration UK from ONE-Dyas E&P. The field is operated by Shell UK and was brought on stream in 2021 as a subsea tie-back to the Shell-operated Shearwater A platform. -
15 May 24
Venezuela: Maurel & Prom receives a specific license from the OFAC in relation to its operations in Venezuela
Maurel & Prom has received a specific license it had applied for on 1 September 2023 from the U.S. Treasury Department’s Office of Foreign Assets Control ('OFAC') in relation to its 40% consolidated interest in the mixed company Petroregional del Lago ('PRDL'), which operates the Urdaneta Oeste field in Lake Maracaibo in Venezuela. -
15 May 24
Morocco: Chariot provides update on drilling operations onshore Morocco
AIM-listed Chariot, the Africa focused transitional energy group, has announced the results from the drilling of the RZK-1 well on the Gaufrette prospect, the first of a two well drilling campaign, in the Loukos Onshore licence, onshore Morocco. -
15 May 24
Nigeria: Seplat Energy announces commissioning of the ANOH gas processing plant
Seplat Energy, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and London Stock Exchange, has announced the commissioning of the ANOH gas processing plant. The ANOH Gas Processing Company (AGPC), an incorporated joint venture between Seplat Energy and NNPC Gas Infrastructure Company (NGIC), is delivering the ANOH gas plant with Phase One processing capacity of 300mmscfd.
