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03 May 24 |
UK: NSTA offers 31 more licences in final set of 33rd round awards The North Sea Transition Authority (NSTA) has today offered a further 31 licences in the latest phase of the 33rd oil and gas licensing round. A total of 82 offers to 50 companies have now been made in the round which attracted 115 bids from 76 companies across 257 blocks and part-blocks. |
03 May 24 |
UK: Booming pipeline of battery projects increases by two-thirds in last 12 months A new report published by RenewableUK shows that the pipeline of battery projects has grown by two-thirds in capacity over the last year nationwide. Battery storage is essential for providing the security and flexibility that will make our future energy system resilient and reliable. |
03 May 24 |
Italy: Prospex Energy provides update on the Selva Malvezzi production concession in Italy Prospex Energy, the AIM quoted investment company focused on European gas and power projects, has provided an update from the Selva Malvezzi production concession in Italy. |
02 May 24 |
Norway/Canada: Subsea Integration Alliance signs collaboration agreement with Equinor - commencing work on Wisting and Bay du Nord Subsea 7 has announced the signing of a new long-term strategic collaboration agreement between Equinor and Subsea Integration Alliance (which comprises Subsea7 and OneSubsea). The agreement paves the way for exclusive collaboration to begin immediately on early, joint concept studies for two projects: the Wisting field offshore Norway, and Bay du Nord, off Newfoundland and Labrador, Canada. |
02 May 24 |
Italy: Heads of Agreement signed between Gunvor and LNEnergy Reabold Resources has announced the execution of a non-binding Heads of Agreement between Gunvor International and LNEnergy for the purchase of liquefied natural gas ('LNG') by Gunvor from LNEnergy from the Colle Santo gas field, located onshore Italy. LNEnergy has the exclusive right to acquire a 90% interest in Colle Santo and Reabold owns a 26.1% equity interest in LNEnergy. |
01 May 24 |
Cyprus: Eni CEO meets with President of the Republic of Cyprus Nikos Christodoulides to discuss Eni’s activities and future projects in the Country The President of the Republic of Cyprus Nikos Christodoulides and Eni Chief Executive Officer Claudio Descalzi met in Nicosia to discuss Eni’s activities and future projects in the Country. In particular, President Christodoulides and Eni CEO reviewed the discoveries made in 2022 by Eni and its partner TotalEnergies,of Cronos and Zeus which led to the drilling of Cronos 2 appraisal well in late 2023. |
01 May 24 |
UK: L&G NTR Clean Power Fund purchases minority stake in the East Anglia ONE offshore windfarm he L&G NTR Clean Power (Europe) Fund has successfully completed the acquisition of a minority stake in the East Anglia ONE offshore windfarm, alongside the Development Bank of Japan Inc. Situated 43km off the coast of Suffolk, England, the Fund’s stake has been purchased from Macquarie Asset Management. |
01 May 24 |
UK: Carbon capture and storage technology lands in the English Channel The leading trade body Offshore Energies UK says a new carbon storage licence being offered in the English Channel is an innovative way to store greenhouse gas emissions from industrial emitters on the South Coast. The North Sea Transition Authority (NSTA) has invited applications for an out of round CO2 storage licence in saline aquifers off the Isle of Wight. |
01 May 24 |
UK: Wood awarded North Sea decarbonisation project for TotalEnergies Wood, a global leader in consulting and engineering, has been awarded a new decarbonisation contract by TotalEnergies to support flare gas recovery in the North Sea. The 23-month contract, part of the Elgin-Franklin Flare Gas Recovery System Project, follows Wood’s successful completion of a field study and front-end engineering design (FEED) and includes the coordination of operations, procurement and design aspects for the Elgin asset. |
01 May 24 |
UK: Balmoral Comtec marks renewables milestone with Hornsea 3 contract award Balmoral Comtec, a Balmoral Group company and a major provider of buoyancy, protection and insulation services to the global offshore energy market, has been awarded a multi-million-pound contract for the supply of 400 cable protection systems (CPS) by Ørsted for its Hornsea 3 project, located 120km off the Norfolk coast in the UK. |
01 May 24 |
UK: UKOG to farm out Loxley Gas Project AIM-listed UK Oil & Gas (UKOG) has appointed UK based oil and gas divestment and project marketing specialists, Envoi to facilitate the farmout of up to a 50% working interest in the Company's material 100% owned Loxley gas and hydrogen feedstock project. The farmout seeks to fully fund the planned Loxley-1 appraisal drilling and testing programme with the Company's share of costs being carried by the farminee or farminees. |
