Latest News
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15 May 24UK: Foundation installation campaign begins on Dogger Bank B
The team working on what will be the world’s largest offshore wind farm, Dogger Bank, have started work on the foundation installation campaign for the second phase of the development. -
15 May 24Norway: SubseaPartner secures offshore work on the NCS
Norwegian Diving Contractor, SubseaPartner, has won offshore work at the Goliat and Balder fields on the Norwegian Continental Shelf (NCS). The contracts have been awarded by Vår Energi under the existing frame agreement for offshore contingency and diving intervention services. -
15 May 24Seabird Exploration announces first-quarter results 2024
Seabird Exploration has announced results for the first quarter of 2024 which ended 31 March 2024. The Company reports Revenues of USD 10.3m and Operational EBITDA of USD 4.6m. -
15 May 24Innovative energy sector safety software launched by AG Consultancy
AG Consultancy, the SAP solutions specialists, has launched the first tool of its kind designed to overcome challenges posed by the implementation of global health and safety standards and Ex/ATEX inspections in the oil and gas industry and wider energy sector. -
15 May 24Africa/India: Eni reaffirms its commitment to promoting improved cooking systems at the IEA Clean Cooking Summit for Africa
Eni reaffirms its commitment to promoting improved cooking systems on the occasion of the 'Summit on Clean Cooking in Africa' organized by the International Energy Agency (IEA). The Company pledges to distribute improved cookstoves to 10 million people in sub-Saharan Africa by 2027, reaching 20 million people with advanced cooking solutions by 2030. -
15 May 24Africa/India: TotalEnergies takes action to give access to clean cooking to 100 million people in Africa and India
At the Clean Cooking Summit organized by the International Energy Agency (IEA), TotalEnergies announced its ambition of giving 100 million people in Africa and India access to clean cooking by 2030. TotalEnergies will therefore invest more than $400 million in the development of liquefied petroleum gas (LPG) for cooking. -
15 May 24Gambia: PetroNor E&P provides update on the A4 license in the Gambia
PetroNor E&P has provided an update regarding its A4 licence in The Gambia. PetroNor has agreed with the Government of The Gambia to extend the first phase of the Initial Exploration Period from 18 months to 36 months. -
14 May 24UAE: ADNOC Drilling secures transformational $1.7 billion contract to unlock UAE’s world-class unconventional energy resources
ADNOC Drilling has been awarded, by ADNOC, a $1.7 billion contract to provide drilling and associated services for the recovery of unconventional energy resources. The contract will see Turnwell, a newly incorporated company, deliver 144 unconventional oil and gas wells. -
14 May 24South Africa: Kinetiko becomes first company in South Africa to produce power from onshore gas
Kinetiko Energy is developing an energy transition solution for South Africa focused on commercialising advanced shallow conventional gas projects in the Mpumalanga, Freestate and KwaZulu-Natal Provinces. Kinetiko has provided an update on its onshore gas exploration and production development activities, where it has successfully demonstrated power production from a gas well at Amersfoort. -
14 May 24Indonesia: PETRONAS signs a 20-year PSC extension deal for the Ketapang Contract Area
PETRONAS has signed a Production Sharing Contract (PSC) extension for the Ketapang Contract Area located in the Java Sea following the approval granted by the Government of Indonesia through the Ministry of Energy and Mineral Resources on 21 December 2023, effectively extending the contract until 2048. -
14 May 24Indonesia: PETRONAS signs Production Sharing Contract for the Bobara Working Area, Eastern Indonesia
PETRONAS E&P Bobara, a subsidiary of PETRONAS, has signed a Production Sharing Contract (PSC) for the Bobara Working Area located at the offshore of West Papua, Eastern Indonesia. PETRONAS has been awarded the Bobara Working Area with a total acreage of 8,444.49 sq kms during the third round of Indonesia Petroleum Bid Round 2023. -
14 May 24Odfjell Technology secures 3-year contract for Tubular Running Services with COSL Drilling Europe
Odfjell Technology, a leading provider of drilling and well services, has secured an important contract with COSL Drilling Europe. The fixed part of the contract, valued at approx. 160 million NOK, encompasses Tubular Running Services and has a duration of three years, with the option for two additional one-year periods. -
14 May 24Norway: Equinor and Petoro agree to harmonise equity interests in the Haltenbanken area
Equinor and Petoro have entered into a value-neutral asset swap agreement in the Haltenbanken area. Equinor will increase its ownership in the Heidrun field and Noatun discovery and reduce its ownership in the Tyrihans field and the Castberg field, as well as the Carmen and Beta discoveries.