Latest News
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23 Apr 24US: Rovco to provide offshore wind inspection work for key Ørsted sites in the US
Rovco, a leading provider of tech-powered offshore wind solutions, has signed a framework agreement with Ørsted to provide O&M (Operations and Maintenance) work on two of the developer’s US sites, Block Island Wind Farm and South Fork Wind Farm. -
23 Apr 24UK: Kent secures Pre-FEED assessment contract for the Spiorad na Mara offshore wind project
Kent has been awarded a contract by Spiorad na Mara Limited for the pre-front end engineering design (Pre-FEED) assessment of the proposed Spiorad na Mara offshore wind farm. The project, formerly known as N4, will play a significant role in helping Scotland achieve its net zero emissions target by 2045. -
23 Apr 24Japan: Fugro relocates Amberjack self-elevating platform to Japan to support country’s growing offshore wind market
Fugro has transferred their self-elevating platform (SEP) Amberjack to Japan to meet the country’s growing demand for offshore wind geotechnical services. The Amberjack was reflagged in December 2023 and is now based in Tokyo, from where it will be deployed to wind farm projects in Japan. -
23 Apr 24UK/US: Union Jack Oil announces new Corporate Presentation - USA Investor Presentation
Union Jack Oil, a UK and USA focused onshore hydrocarbon production, development, exploration and investment company, has announced that a new Corporate Presentation is now available. -
23 Apr 24Brazil: Petrobras approves new opportunities to use resources from the Decarbonization Fund
Petrobras' Decarbonization Fund will direct resources to installing photovoltaic plants in refineries. Total opportunities financed by the fund already have the potential to reduce emissions by more than 1.5 million tons of CO2 per year. -
23 Apr 24Equatorial Guinea: Panoro Energy secures rig to recommence drilling offshore Equatorial Guinea
Panoro Energy has announced that following an evaluation of available options the operator of Block G offshore Equatorial Guinea, Trident Energy, has on behalf of the joint venture awarded a contract for the Noble Venturer drill ship to recommence infill drilling at the Ceiba Field and Okume Complex. -
23 Apr 24Australia: Falcon Oil & Gas signs Binding Term Sheet for Gas Sales Agreement to supply pilot gas to the Northern Territory Government
Falcon Oil & Gas has announced that the Beetaloo Joint venture has signed a Binding Agreement for a long-term Gas Sales Agreement to supply the Northern Territory Government with 14.6 PJ (13.8 BCF) per annum from the proposed Shenandoah South Pilot Project for an initial term of nine years, with a Buyer’s option to extend for a further six-and-a-half years. -
23 Apr 24UK: Kistos completes acquisition of UK onshore gas storage assets
Kistos has announced the completion of the acquisition of 100% of the share capital of EDF Energy (Gas Storage) from EDF Energy (Thermal Generation). The assets acquired comprise of two gas storage facilities onshore in the UK, Hill Top Farm and Hole House Farm, for a total consideration of £25 million. -
23 Apr 24Sapura Energy to divest stake in SapuraOMV to TotalEnergies
Sapura Energy has announced that its wholly owned subsidiary, Sapura Upstream Assets, has entered into a conditional Sale and Purchase Agreement ('SPA') to divest its 50 percent equity interest in SapuraOMV to TotalEnergies. -
23 Apr 24Norway: Var Energi reports record high production and strong first quarter results
Vår Energi is on track for growth and value creation and delivers strong financial results in a quarter with record high production. Total income in the quarter was USD 1956 million, an increase of USD 257 million from last quarter. -
22 Apr 24Namibia: Sintana Energy provides PEL 83 exploration campaign update - successful completion of well testing operations at Mopane-1X
Sintana Energy has provided an update regarding the ongoing exploration campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin, emerging as one of the world’s most prospective oil and gas regions. The successful culmination of the exploration campaign at Mopane further demonstrates the scope and potential of PEL 83 with Mopane alone containing potential in excess of 10 billion barrels of original oil in place. -
22 Apr 24UK: Green Volt, one of the world’s largest floating windfarms, has been approved
Leading offshore wind developers Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have announced that their pioneering floating offshore wind project, Green Volt, has been granted offshore planning approval and remains on track to be the first commercial-scale offshore windfarm in Europe. -
22 Apr 24Norway: Var Energi announces approval of intra-group merger with Var Energi Norge
As announced on 22 April 2024, the boards of directors of Vår Energi and Vår Energi Norge (formerly Neptune Energy Norge) have approved the joint plan for the merger of the two group companies.