Latest News
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18 Apr 24UK: Management buyout starts new chapter for Crondall Energy
A management buyout at Crondall Energy has seen a large proportion of members of its team take an ownership stake in the independent offshore energy consultancy. -
18 Apr 24Santos announces 2024 first quarter report
Strong underlying business performance, combined with a disciplined focus on operational excellence, delivered a robust first quarter for 2024. Santos reports strong free cash flow from operations of US$692 million, sales revenue of US$1.4 billion and production of 21.8 mmboe despite severe weather events and planned maintenance activities. -
18 Apr 24US/Canada: CO280 and Aker Carbon Capture collaborate with Microsoft to scale-up permanent, affordable carbon removal in US and Canada
CO280 and Aker Carbon Capture have signed a Memorandum of Understanding (MoU) agreement with Microsoft to explore opportunities for scaling the full physical and digital value chain of carbon removal in the US and Canada. -
17 Apr 24Denmark: Danish Energy Agency has awarded contracts to three companies for new CCS projects
The fund for negative CO2 emissions (NECCS fund) has been completed, and the Danish Energy Agency has awarded contracts to three companies for new CCS projects. Together, the projects will ensure the capture and storage of 160,350 tonnes of CO2 annually during the period 2026 to 2032. This corresponds to the annual CO2 absorption from approximately 16,000 hectares of forest. -
17 Apr 24Europa Oil & Gas announces interim results
Europa Oil & Gas, the AIM quoted UK, Ireland and West Africa focused oil and gas exploration, development and production company, has announced its unaudited interim results for the six-month period ended 31 January 2024. -
17 Apr 24Norwegian Offshore Directorate publishes new deep sea data
In June 2022, the Norwegian Offshore Directorate published data collected up to 2022. The Directorate is now releasing deep sea data gathered from 2022 to 2024. -
17 Apr 24TGS and PGS receive Norwegian competition clearance for merger
Following the joint stock exchange announcement on 18 September 2023 by TGS and PGS regarding the combination of the two companies to establish the premier energy data company, TGS and PGS have confirmed that the Norwegian Competition Authority has provided its clearance of the Merger. -
17 Apr 24Australia: Progress continues on Greater Sunrise development
The Sunrise Joint Venture (SJV) participants, comprising TIMOR GAP (56.56%), Operator Woodside Energy (33.44%), and Osaka Gas Australia (10.00%), following a global contract procurement process has awarded the Greater Sunrise Concept Study ontract to Wood Australia. -
17 Apr 24UK: Q ENERGY to construct a 33 MWp solar PV farm in the UK
Q ENERGY has announced that it is advancing with the construction on a 33 MWp solar PV farm ('Whinfield Solar') near Darlington in the Northeast of England. Whinfield Solar will be equipped with nearly 60,000 ground-mounted solar modules and is expected to produce enough emission-free electricity to satisfy the average demand of more than 8,700 households. -
17 Apr 24Norway: The future in the Barents Sea is here now - Norwegian Offshore Directorate
The Johan Castberg ship will soon be heading north. With the ship in place, the plan is to have three producing fields in the Barents Sea by the end of the year. We now have the opportunity to lay a good foundation for further development of this part of the Norwegian shelf, said Torgeir Stordal, Director General of the Norwegian Offshore Directorate, in his keynote address at the Barents Sea Conference. -
17 Apr 24UK: Offshore wind industry unveils Industrial Growth Plan to triple supply chain manufacturing
RenewableUK, the Offshore Wind Industry Council, The Crown Estate and Crown Estate Scotland have published a detailed Industrial Growth Plan, setting out how to triple offshore wind manufacturing capacity over the next ten years, firmly establishing the UK as a leader in a surging global market. -
17 Apr 24Azerbaijan: bp begins oil production from major new platform offshore Azerbaijan
bp, as operator of the Azeri-Chirag-Gunashli (ACG) project, has announced the start-up of oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector of the Caspian Sea. -
17 Apr 24US: Interior Department takes action to protect taxpayers from offshore oil and gas decommissioning costs
The Department of the Interior has announced a final rule from the Bureau of Ocean Energy Management (BOEM) to protect taxpayers from covering costs that should be borne by the oil and gas industry when offshore platforms require decommissioning. -
17 Apr 24Norway: Var Energi confirms new oil discovery in the Balder area in the Central North Sea
Vår Energi has confirmed the discovery of oil in the Balder area in the Central North Sea. The latest Ringhorne North exploration well in PL 956 was successful with estimated recoverable resources of between 13 and 23 million barrels of oil. Operator Vår Energi considers the discovery a potential commercial candidate to be tied into nearby existing infrastructure in the Balder area. -
17 Apr 24Trinidad: Argeo signs contract with Woodside Energy for Calypso AUV survey
Argeo has signed a contract with Woodside Energy to execute the 2024 AUV geophysical survey for the deepwater Calypso field in Trinidad and Tobago. -
17 Apr 24UK: Deltic Energy announces final results FY 2023
Deltic Energy, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern North Sea ('SNS') has announced its audited results for the year ended 31 December 2023 ('FY 2023') and has released an updated corporate presentation. -
17 Apr 24UK: Union Jack Oil announces Wressle update and notice of results and dividend
AIM-listed Union Jack Oil, a UK and USA focused onshore hydrocarbon production, development and exploration company, has announced an update in respect of the Wressle hydrocarbon development located within licences PEDL180 and PEDL182 in North Lincolnshire on the western margin of the Humber Basin. -
17 Apr 24US: Zephyr Energy provides State 36-2R well drilling operations update
AIM-listed Zephyr Energy, the Rocky Mountain oil and gas company, has provided an operational update on the State 36-2 LNW-CC-R well at its flagship project in the Paradox Basin, Utah, U.S.