Latest News
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26 Jul 24GoM: BOEM announces next steps for offshore wind in Gulf of Mexico
The Bureau of Ocean Energy Management (BOEM) has received an unsolicited lease request from Hecate Energy Gulf Wind to acquire commercial wind energy lease(s) on the Outer Continental Shelf (OCS) in the Gulf of Mexico. -
26 Jul 24Australia: Empire Energy signs Gas Sales Agreement with NT Government
Empire has been actively pursuing production from the Beetaloo Basin since 2011, with strong support from the NT Government for this objective since 2018. Subject to final approvals, Empire anticipates being the first company to provide gas supply from the Beetaloo, commencing next year. -
26 Jul 24Australia: Seraya portfolio company, Cyan Renewables, acquires Australian vessel operator MMA Offshore
Cyan Renewables, Asia’s leading offshore wind services platform based in Singapore, has announced its acquisition of Australian offshore marine services provider MMA Offshore for A$1.1B (US$702M). The transaction marks the region’s largest take-private deal in the offshore wind energy services industry, strengthening Cyan's position in the Asia Pacific (APAC) region. -
26 Jul 24Transocean provides quarterly Fleet Status Report
Transocean has issued a quarterly Fleet Status Report. The aggregate incremental backlog is approx. $656 million. As of July 24, 2024, the company’s total backlog is approx. $8.8 billion. -
26 Jul 24Eni announces results for the second quarter and half year 2024
Eni has announced its unaudited consolidated results for the second quarter and first half 2024. Eni reports strong production growth and continued upgrading of the E&P portfolio, and consistent performance and growth of its transition businesses: Plenitude and Enilive. -
26 Jul 24Malaysia: Jadestone Energy announces award of SFA Cluster PSC offshore Peninsular Malaysia
Jadestone Energy has announced that, through the Malaysia Bid Round Plus ('MBR+'), it has been awarded a 100% participating interest in a Small Field Asset Production Sharing Contract (the 'SFA Cluster PSC') offshore Peninsular Malaysia. -
26 Jul 2488 Energy provides activities report for the quarter ended 30 June 2024
88 Energy has provided a report for the quarter ended 30 June 2024. The Company has secured Stellar Energy Advisors in London to manage the farm-out process to secure a funding partner ahead of potential drilling of the Tiri-1 well in Project Leonis. -
25 Jul 24Italy: Plenitude completes new 39 MW wind farm in Calabria
Plenitude has completed the construction of a new onshore wind farm with a capacity of around 39 MW in Borgia (in the province of Catanzaro), Calabria, Italy. -
25 Jul 24Helmerich & Payne announces agreement to acquire KCA Deutag
Helmerich & Payne and KCA Deutag International have announced a definitive agreement under which H&P will acquire KCA Deutag for $1.9725 billion in cash. -
25 Jul 24UK: Partnership with industry will be critical to GB Energy success says OEUK
The partnership announced between Great British Energy and the Crown Estate is a logical step on the government’s planned path to net zero. The new government now needs partnerships with industry to put plans into action and kickstart economic growth. The Office for Budgetary Responsibility says net zero will cost the UK 1.4 trillion, with the lion’s share coming from business. -
25 Jul 24UK: OEUK Conference 2024 - New government can help forge homegrown energy future
The trade body for the offshore energy industry has today announced speakers for the OEUK Conference 2024, which will focus on the UK’s energy future in the wake of the General Election. -
25 Jul 24Karoon Energy announces 2024 second quarter report
Karoon’s 2024 second quarter (NRI) production was 27% lower than the first quarter, primarily due to the three week scheduled maintenance shutdown at Baúna. Nonetheless, revenues increased 8% to US$212.8 million, reflecting the timing of shipments in Brazil as well as higher oil price realisations. -
25 Jul 24Angola: Afentra awarded of KON 19 license onshore Angola
Afentra has advised that the formal award of KON 19 has been signed with the Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG). Afentra has been assigned a 45% non-operated interest in KON 19 alongside two local Angolan companies ACREP and Enagol. -
25 Jul 24UK: New Great British Energy partnership launched to turbocharge energy independence
The Prime Minister and Energy Secretary today announced a new unprecedented partnership between Great British Energy and The Crown Estate, which has the potential to leverage up to £60 billion of private investment into the UK’s drive for energy independence. Great British Energy will be at the heart of the government’s mission to make Britain a clean energy superpower.