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26 Feb 24 |
Colombia: Ecopetrol expands its gas potential in the Colombian Caribbean with the drilling of the Orca Norte-1 well Ecopetrol has announced a new gas discovery in the Colombian Carribean, with the drilling of the Orca Norte-1 well offshore. The Orca Norte-1 well, which was spudded last November, was completed successfully in January, and confirmed the presence of two gas accumulations in reservoirs different from the Orca-1 discovery. |
26 Feb 24 |
Mexico: Dril-Quip secures key role in Woodside Trion development Dril-Quip, a global leader in offshore drilling solutions, has been chosen to supply the subsea wellhead systems for the Woodside Trion development offshore Mexico. The Trion project, a greenfield deepwater development, includes 24 wells across two phases. |
23 Feb 24 |
UK: Clear early policy decisions needed to prevent the UK's energy transition stalling, says DNV The UK Government must prioritize long-term policy clarity and consistency to create an investable marketplace for energy transition financiers to accelerate the move away from fossil fuels, says DNV in its 2024 UK Energy Transition Outlook report. |
23 Feb 24 |
Indonesia: Conrad Asia Energy receives ministerial approval of Mako gas price and volume allocation Conrad Asia Energy has announced that the gas price and volume allocation for the Mako field project in the Duyung PSC has been approved by the Indonesian Minister of Energy and Natural Resources. The Mako project will contribute to Indonesia’s target of doubling gas production by 2030. |
23 Feb 24 |
Seabird Exploration announces fourth quarter results 2023 Seabird Exploration, a global provider of marine 2D seismic acquisition and source vessel services to the Oil & Gas industry, has announced results for the fourth quarter of 2023 which ended 31 December 2023. |
23 Feb 24 |
Botswana: Tlou Energy provides Lesedi project update: Progress towards electricity generation Tlou Energy has announced completion of the crucial 66kV transmission line, connecting Tlou's Lesedi project directly to both Botswana's power grid and the broader Southern African Power Pool. The Company is in discussions with several strategic parties to secure the remaining funds required for project completion. |
23 Feb 24 |
Wintershall Dea reports full year 2023 results Wintershall Dea has published its full year 2023 results, reporting EBITDAX of €4.2 billion and adjusted net income of €513 million. The Company produced 323,000 barrels of oil equivalent (boe) per day in 2023. |
23 Feb 24 |
Australia: Woodside to sell 15.1% Scarborough interest to Jera Woodside has executed a binding sale and purchase agreement with JERA for the sale of a 15.1% non-operating participating interest in the Scarborough Joint Venture for an estimated total consideration of US$1,400 million. |
22 Feb 24 |
UK: NSTA supports industry to secure investment through strong ESG reporting The North Sea Transition Authority (NSTA) has written an open letter to licensees urging them to improve their ESG (Environmental, Social, Governance) reporting to promote trust and encourage investment in the industry. |
22 Feb 24 |
Egypt: TAG Oil provides update on BED4-T100 well in the Western Desert TAG Oil has provided the following update on drilling progress of the BED4-T100 horizontal well in the Badr Oil Field ('BED-1') in the Western Desert of Egypt. |
22 Feb 24 |
UK: Carbon storage data will boost jobs and net zero ambitions High-skilled job opportunities, the energy transition, and the drive to reach net zero have taken a significant step forward as the growing carbon storage industry began a consultation on making data publicly available. |
22 Feb 24 |
GoM: Shell expands leading position in the Norphlet with Rydberg Shell Offshore Inc., a subsidiary of Shell, has announced the start of production at Rydberg, a subsea tie-back to the Shell-operated Appomattox production hub in the Gulf of Mexico with an estimated peak production of 16,000 barrels of oil equivalent per day (boe/d). |
22 Feb 24 |
Norway: Enhanced Drilling wins 5-year frame agreement for all their technologies with Equinor Enhanced Drilling has announced a new contract with Equinor. The five-year frame agreement includes the usage of all Enhanced Drilling technologies and is for operations on the Norwegian Continental Shelf, with the intent of future global use. |
22 Feb 24 |
Valaris reports fourth quarter 2023 results Valaris has reported fourth quarter 2023 results. The Company reports net income of $829 million (including tax benefit of $790 million), Adjusted EBITDA of $58 million and Adjusted EBITDAR of $96 million. |
22 Feb 24 |
US: Canadian Overseas Petroleum provides business and financial performance update Canadian Overseas Petroleum, an international oil and gas exploration, production and development company with production and development operations focused in Converse and Natrona Counties, Wyoming, USA, has provided a business and financial performance update. |
22 Feb 24 |
Namibia: 88 Energy announces successful WI transfer by Monitor Exploration regarding PEL93 farm-in 88 Energy has announced the successful WI Transfer by Monitor Exploration to 88 Energy in relation to Petroleum Exploration Licence 93 (PEL 93), located in the Owambo Basin, Republic of Namibia following receipt of the approval of the Ministry of Mines and Energy. |
22 Feb 24 |
UK: Angus Energy announces £20 million Financing Facility drawn down On 20 December 2023, Angus Energy announced that terms had been agreed with a subsidiary of Trafigura Group for a refinancing of its existing debt. The Company has today signed definitive loan documentation which allows it to draw down in full on the £20 million loan facility with Trafigura. |
22 Feb 24 |
PGS awarded acquisition project in the Mediterranean PGS has been awarded a 3D project in the Mediterranean for a major energy company. The Ramform Hyperion is scheduled to start the survey early March and the project has a total duration of approx. 30 days. |
22 Feb 24 |
UK: DOF awarded contract to repair an export cable for an offshore wind farm in Southern North Sea DOF has been awarded a contract by an international energy operator to repair an export cable for an offshore wind farm in Southern North Sea. |
22 Feb 24 |
UK: Angus Energy enters into MoU regarding Saltfleetby gas storage AIM-listed Angus Energy has entered into a Memorandum of Understanding with a subsidiary of Trafigura Group with regard to gas storage at the Company's Saltfleetby Gas Field in Linconlnshire - volumetrically the UK's largest onshore gas field and its largest potential subsurface porous rock storage reservoir. |
22 Feb 24 |
Panoro Energy announces Q4 2023 trading and financial update Panoro Energy has announced record full year results in 2023 with revenue up 21 per cent year-on-year at USD 228.9 million, EBITDA up 6 per cent year-on-year at USD 135.1 million and profit before tax up 25 per cent year-on-year at USD 74.3 million. |
22 Feb 24 |
Aker Carbon Capture awarded study for waste-to-energy plants in Northern Europe Aker Carbon Capture has been awarded a study from a European developer to assess the feasibility of integrating carbon capture at multiple biomass and waste-to-energy facilities. The four initial plants will be based on Aker Carbon Capture's modular Just Catch, which enables synergies across the projects, faster realization and reduced overall risk. |
22 Feb 24 |
Borr Drilling announces fourth quarter and twelve months 2023 results Borr Drilling has announced unaudited results for the three and twelve months ended December 31, 2023. Q4 2023 performance has been strong, enabling the Company to close the year having achieved several major milestones. |
22 Feb 24 |
ABL Group reports Q4 2023 financial results ABL Group reports Q4 2023 financial results. Ending the year with record high operational cash flows, 2023 represents another step change in the development of ABL Group. The acquisition of AGR accounted for a large element of its annual growth of 50%. |
22 Feb 24 |
Gabon: Perenco Oil & Gas Gabon spuds appraisal well close to Hylia South West discovery Perenco Oil & Gas Gabon (POGG) has spud an appraisal well in the vicinity of the Hylia South West discovery, offshore Gabon. The appraisal drilling is important in determining the full potential of this area after the recent exploration success at Hylia South West. |