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23 Apr 24 |
Saudi Arabia: Baker Hughes awarded significant gas technology scope for Phase 3 of Saudi Arabia’s Master Gas System Baker Hughes has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment for the third phase of Saudi Arabia’s Master Gas System project. Baker Hughes will supply 17 pipeline centrifugal compressors driven by state-of-the-art aeroderivative gas turbines for Aramco’s project. |
23 Apr 24 |
UK: Eni announces transformational combination of substantially all of its UK upstream operations with Ithaca Energy Eni has reached an agreement on the combination of substantially all of its upstream assets in the UK, excluding East Irish Sea assets and CCUS activities with Ithaca Energy, marking a strategic move to significantly strengthen its presence on the UK Continental Shelf. |
23 Apr 24 |
US: 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 24 |
UK: 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 24 |
Japan: 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 24 |
UK/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 24 |
Brazil: 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 24 |
Equatorial 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 24 |
Australia: 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 24 |
UK: 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 24 |
Sapura 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 24 |
Norway: 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 24 |
Namibia: 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 24 |
UK: 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 24 |
Norway: 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. |
22 Apr 24 |
Sweden: European Energy starts construction of Sweden’s first large-scale hybrid wind and solar farm European Energy has started constructing Sweden’s first large-scale hybrid park in Skåramåla in the municipality of Tingsryd, where the existing wind farm is supplemented by a solar park. By co-locating the plants, the land is used more optimally, and the electricity can be fed out via the same grid connection. |
22 Apr 24 |
Malaysia: TotalEnergies signs an agreement to acquire the remaining 50% of SapuraOMV, a significant Upstream Gas Operator in Malaysia TotalEnergies has signed an agreement with Sapura Upstream Assets to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV for a consideration of $530 million. |
22 Apr 24 |
Balticconnector’s commercial use has begun as planned Balticconnector’s commercial use has begun according to plans today, 22 April. According to the current forecast, market participants will transmit approximately 10 GWh of commercial gas from Estonia to Finland during this gas day, and approximately 70 GWh from Finland to Estonia. |
22 Apr 24 |
UK: RWE launches pre-application consultation for Pembroke Green Hydrogen To support the decarbonisation of local industry in South Wales, RWE is progressing proposals to develop a green hydrogen production facility on its land adjacent to Pembroke Power Station. Hydrogen can be used as a clean energy alternative for local industrial processes, displacing their current fossil fuel usage, and reducing their carbon emissions. |
22 Apr 24 |
Oman: Technip Energies awarded a substantial contract for TotalEnergies and OQ’s Marsa LNG Project in Oman Technip Energies has been awarded a substantial contract by TotalEnergies and OQ for the Marsa LNG bunkering project located in Sohar, Oman. The contract covers Engineering, Procurement and Construction (EPC) of a natural gas liquefaction train with an LNG production capacity of 1 Mtpa. |
22 Apr 24 |
Brazil: Seacrest Petroleo announces first quarter 2024 production and offtake update Seacrest Petroleo’s net production of oil and natural gas averaged 8,377 boepd in Q1 2024, 2% higher than the production in the Q4 of 2023, and 3.6 times the production in the Q1 of 2023. Production from the first two infill wells drilled at the Inhambu field has commenced. The Company is in the process of analysing the stabilised production performance and will apply the info to future wells as part of its 300-well infill drilling program, the largest such project onshore Brazil. |
22 Apr 24 |
Norway: Equinor completes an appraisal well (7324/7-4) on the Wisting discovery in the Barents Sea Equinor has completed an appraisal well (7324/7-4) on the Wisting discovery in the Barents Sea. The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery. |
22 Apr 24 |
Rystad Energy’s energy supply chain report shows potential prize for the UK A new report published by independent research and business intelligence company, Rystad Energy shows the oil and gas sector’s supply chain possesses between 60 to 80% of the capabilities required to develop the UK’s low carbon energies, but targeted investment is vital to capture the potential of an estimated £150 billion opportunity. The research commissioned by OEUK is in a new report called ‘UK oil and gas supply chain and opportunities in the energy transition’. |
22 Apr 24 |
Oman: TotalEnergies launches the Marsa LNG project and deploys its multi-energy strategy in the Sultanate of Oman TotalEnergies and the Oman National Oil Company have announced the Final Investment Decision (FID) of the Marsa LNG project. TotalEnergies had signed a Sale and Purchase Agreement (SPA) with Oman LNG to offtake 0.8 Mtpa of LNG for ten years from 2025, making the Company one of the main offtakers of Oman LNG's production. |
22 Apr 24 |
Ireland: Europa Oil & Gas announces results of an updated Irish Licence Emissions Report Europa Oil & Gas has announced that it has published on the Company's website a third-party report that details the results of an updated study which calculated the expected emissions associated with the development of a future 1 TCF indigenous gas discovery on Europa's Irish offshore licence FEL 4/19. |