Latest News
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22 Oct 24Benin: TGS expands Benin Megasurvey to reveal untapped potential
TGS has announced the expansion of 3D seismic coverage for its Benin MegaSurvey, in collaboration with Société Nationale des Hydrocarbures du Bénin (SNH-B). This strategic initiative aims to deepen understanding of the region’s subsurface geology and unlock its untapped hydrocarbon potential. -
22 Oct 24Netherlands: Vattenfall turns wind turbine into compact living
Living in a wind turbine? As of today that’s possible. Vattenfall and design studio Superuse converted a nacelle, the top part of a wind turbine, into a tiny house. This nacelle is four metres wide, ten metres long and three metres high and comes from a turbine that stood in Austria for 20 years. -
22 Oct 24INPEX and Chubu Electric Power sign agreement to jointly study feasibility of Japan-Australia CCS value chain
INPEX has signed an agreement with Chubu Electric Power through its subsidiary INPEX Browse E&P to conduct a joint study to assess the feasibility of establishing a Carbon Capture and Storage (CCS) value chain involving the capture of CO2 in Japan and its transportation from the Port of Nagoya in Aichi Prefecture to Australia for storage. -
22 Oct 24China: CNOOC Limited brings on-stream Xijiang 30-2 Oilfield Xijiang 30-1 Block Development Project
CNOOC Limited has announced that the Xijiang 30-2 Oilfield Xijiang 30-1 Block Development Project commenced production ahead of schedule. The project is expected to achieve a peak production of approx. 26,000 barrels of oil equivalent per day in 2027. -
22 Oct 24Norway: Var Energi unlocking high-value barrels in the Balder area
Vår Energi and license partner Kistos Energy Norway have reached the final investment decision for the Balder Phase V project in the Balder area. The fast-track development will be a key contributor to sustaining long term production and value creation beyond 2025. -
22 Oct 24Norway: Var Energi reports strong financial results in the third quarter 2024
Vår Energi reports resilient operational and financial results in line with guidance. The Company is poised for significant production growth over the next three quarters. -
22 Oct 24Sunda Energy announces operational update
Sunda Energy has provided an update on its operational and funding planning with respect to the TL-SO-19-16 PSC ('Chuditch PSC') in Timor-Leste as well as an update on the Company's new business ventures. Estimated spud date for the Chuditch-2 appraisal well now expected in Q2 2025. -
22 Oct 24Mongolia: Petro Matad announces planned production startup at Heron-1
Petro Matad, the AIM quoted Mongolian oil company, has provided the following update on the planned start of oil production in its Block XX Production Sharing Contract area in eastern Mongolia. -
22 Oct 24Gabon: Panoro Energy provides Dussafu operations update
Panoro Energy has provided an update on operations at the Dussafu Marin Permit offshore Gabon. The current production drilling campaign at Dussafu was expanded to eight wells in order to accommodate fast-track development of the two new discoveries which were announced during May 2024. -
22 Oct 24Turkey: Azerbaijan’s GL Group acquires 25% stake in a Natural Gas Development Project in Türkiye
GL Group, the first privately owned group of energy companies in Azerbaijan, has acquired a 25% equity stake in Gazelle Energy, a Canadian company, which holds 100% ownership and is the Operator of the Thrace Basin Block F17-b4 license in northwest Türkiye. The block is a tight gas appraisal/development play with a discovery of 65 Bcf (2P) gas reserves and potential significant upside. -
22 Oct 24Australia: Comet Ridge provides Mahalo East pilot drilling operations update
Comet Ridge has provided an update on its Mahalo East pilot drilling operations. The pilot program includes the Mahalo East 1 vertical well (now drilled) and the Mahalo East 2 lateral well which spudded on 20 October 2024. The wells are being drilled with the support of the Queensland Government’s Frontier Gas Exploration Grants Program, under which Comet Ridge received a $5 million funding allocation. -
22 Oct 24US: BOEM completes environmental review of wind lease areas offshore New York and New Jersey
In support of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) has completed an environmental review to assess potential wind development activities within six wind lease areas covering over 488,000 acres offshore New York and New Jersey in an area known as the New York Bight. -
22 Oct 24Turkey: TDI-Brooks completes geotechnical program offshore Filyos, Turkey - Black Sea
TDI-Brooks has successfully completed its fifth geotechnical investigation for DenAr Ocean Engineering S.A. The RV NAUTILUS was dispatched to the Black Sea from the US East Coast to facilitate this operation. -
21 Oct 24UK: RWE submits planning application for 36 MW Abertillery Wind Farm
Wales’ largest renewable energy generator has submitted plans to build a six-turbine wind farm with the potential to generate power equivalent to the needs of approximately 50,000 homes on a site around 10 miles north of Newport. RWE’s proposed Abertillery Wind Farm has a planned capacity of approximately 36 MW. -
21 Oct 24Malaysia: Seascape Energy awarded participating interest in the DEWA Complex Cluster SFA PSC
Seascape Energy, an E&P company focused on Southeast Asia, has been awarded a 28% participating interest in a Small Field Asset Production Sharing Contract ('SFA PSC') over the DEWA Complex Cluster off the coast of Sarawak, Malaysia. The Award was made under the Malaysia Bid Round Plus ('MBR+') by PETRONAS through Malaysia Petroleum Management. -
21 Oct 24US: Bureau of Land Management takes major steps to accelerate clean energy geothermal development on public lands
The Department of the Interior has announced significant strides in expanding geothermal energy on public lands, an abundant clean energy resource with tremendous potential to help the country meet the Biden-Harris administration’s goal of a carbon pollution-free power sector by 2035. -
21 Oct 24UK: Neart na Gaoithe offshore wind farm generates first power
Neart na Gaoithe (NnG) wind farm, located 15.5km off the coast of Fife, is now generating power into the national grid. This marks a significant milestone in the project’s development, helping Scotland and the UK move towards achieving their net zero carbon emissions targets. -
21 Oct 24Sweden: Statkraft applies for 2.1 GW offshore wind permit outside Stockholm
Statkraft has submitted a planning application for the 2.1 GW Baltic Offshore Delta North bottom-fixed offshore wind farm in the Baltic Sea. The Delta North windfarm is located in Sweden’s economic zone, approx. 100 kms east of Stockholm and 55 kms east of Sandhamn island. -
21 Oct 24UK: Viaro Energy and Terrestrial Energy sign MoU to develop IMSR nuclear project in UK
Viaro Energy, the independent British energy company operating in the UK and the Netherlands North Sea, and Terrestrial Energy, a US technology company committed to delivering reliable, emission-free, and cost-competitive nuclear energy with a transformative advanced reactor, the Integral Molten Salt Reactor ('IMSR'), have announced a strategic partnership to develop an industry-leading IMSR project in the United Kingdom.