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12 Feb 24
Norway: EMGS receives Letter of Intent for fully prefunded multi-client survey in Norway
Electromagnetic Geoservices ('EMGS') has received a Letter of Intent from Equinor for a fully prefunded multi-client survey in the North Sea. Subject to a binding contract being entered into, the fully prefunded survey is expected to commence early March 2024.
12 Feb 24
Netherlands: RWE starts construction of utility-scale battery storage project in the Netherlands
RWE is further expanding its battery storage business worldwide. The company has now started construction of its first utility-scale Dutch battery storage project with an installed power capacity of 35 megawatts (MW) and a storage capacity of 41 megawatt-hours (MWh).
12 Feb 24
Equatorial Guinea: Panoro Energy provides update on Equatorial Guinea infill drilling campaign
Panoro Energy has provided an update on the drilling campaign offshore Equatorial Guinea that commenced on Block G in January. The JV is of the view that the rig is not operationally safe to drill the wells and the Operator is evaluating alternative options that will allow for the recommencement of the drilling campaign (including the Kosmos operated Akeng Deep exploration well).
09 Feb 24
Onward, previously known as Studio X, unveils new brand identity and inaugural expert-led advisory board
Onward has announced its full rebrand as the energy innovation studio fortifies its mission to transform the energy industry and achieve a Net Zero future. In tandem, a newly assembled inaugural advisory board will bolster the company's growth with unique perspectives to advance the energy transition and scale services to the energy sector and to the global climate community. Onward is powered by Shell.
09 Feb 24
Equatorial Guinea: Exxon Mobil to exit Equatorial Guinea
Exxon Mobil said on Thursday it will exit Equatorial Guinea in the second quarter of this year, when the oil major will transfer its remaining investments in the country to the local government
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