Latest News
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19 Apr 24
UK: Scottish Government stepping up action to net zero
The Scottish Government is stepping up action to tackle climate change with a suite of new policies on transport, including increasing the number of electric vehicle chargers, and land use. -
19 Apr 24
UK/Denmark: National Grid launches Viking Link, the next step towards a North Sea super-grid
Delivering a major milestone in the UK energy transition and the next step in creating a North Sea grid, National Grid has today formally launched Viking Link, a record-breaking 475-mile-long land and subsea cable connecting British and Danish energy grids for the first time. -
19 Apr 24
Stena Bulk completes sale of Stena Blue Sky
Leading tanker shipping company Stena Bulk has announced the successful sale of Stena Blue Sky to an undisclosed Asian buyer. The sale of Stena Blue Sky follows the recent announcement that Stena Bulk had sold two LNG carriers to BW LNG. -
19 Apr 24
Petrobras and bp sign memorandum of intent for business and research
Petrobras and bp have signed a Memorandum of Understanding with the aim of promoting discussions and collaboration between the companies. This non-binding agreement focuses on topics such as: business opportunities in Sustainable Fuels, Carbon Credits, Refining and Exploration and Production. The companies will also work together on research, development, and innovation projects. -
19 Apr 24
Egypt: SDX Energy announces sale of West Gharib asset in Egypt
SDX has executed a binding sale and purchase agreement ('SPA') for the disposal of the Company's West Gharib interests in Egypt. The Company also continues to progress the binding documentation for the sale of its South Disouq assets. -
19 Apr 24
US: 88 Energy announces further information on Hickory-1 flow test results
88 Energy has provided a further update and information in relation to the successful flow test results announced on 2 April and 15 April 2024, from the Company's Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska. -
19 Apr 24
Woodside announces first quarter report for period ended 31 March 2024
Woodside has announced its first quarter report for period ended 31 March 2024. Woodside CEO Meg O’Neill said production in the first quarter totalled 44.9 million barrels of oil equivalent (boe) and guidance for the full year remained at 185-195 million boe. -
18 Apr 24
Cuba: Melbana Energy announces Alameda-3 drilling update
Melbana reports that sections of elevated formation gas have been encountered indicative of hydrocarbons in the reservoir, consistent with the exploration well Alameda-1. -
18 Apr 24
Brazil: Petrobras sells its stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco
Petrobras has sold its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco. Production from the two fields was interrupted in March 2020 and the respective platforms have been mothballed ever since. -
18 Apr 24
Colombia: Canacol Energy announces new gas discovery at Chontaduro-1
Canacol Energy has announced a new gas discovery at the Chontaduro-1 exploration well located on the 100 percent operated VIM21 Exploration and Production contract. Canacol is currently skidding the rig to drill the Chontaduro-2 appraisal well, targeting the CDO sandstone reservoir in the southern part of the Chontaduro discovery. -
18 Apr 24
Shearwater and Mondaic enter strategic collaboration on full waveform inversion
Shearwater Geoservices, the world’s leading marine seismic acquisition company, and Mondaic, a provider of proprietary software and services for high-resolution 3D imaging, have entered a strategic collaboration for development and use of full waveform inversion solutions to enhance high-resolution subsurface imaging and optimize seismic acquisition surveys. -
18 Apr 24
Denmark: BlueNord provides update on Tyra Redevelopment Project
BlueNord has been informed by the operator TotalEnergies that an operational occurrence related to the IP compressor is temporarily impacting the commissioning of the new Tyra facilities during the ramp-up and testing period, and the teams are working to resolve the issue -
18 Apr 24
Namibia: ReconAfrica announces an operations update and joint venture update
Reconnaissance Energy Africa (ReconAfrica) has announced an operations update with respect to activity relating to Petroleum Exploration Licence 73 ('PEL 73'), onshore northeast Namibia, and an update with respect to the ongoing joint venture process. The Company expects to begin drilling the first Damara Fold Belt exploration well, Naingopo (Prospect L), in June 2024.
