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24 Apr 24 |
US: Interior Department finalises rule to streamline and modernise offshore renewable energy development Secretary of the Interior Deb Haaland has announced that the Bureau of Ocean Energy Management (BOEM) and the Bureau of Safety and Environmental Enforcement (BSEE) have finalized updated regulations for renewable energy development on the U.S. Outer Continental Shelf (OCS). |
24 Apr 24 |
US: Secretary Haaland announces new five-year offshore wind leasing schedule In remarks at the International Partnering Forum conference in New Orleans, Louisiana, Secretary of the Interior Deb Haaland announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. |
24 Apr 24 |
Fugro's net-zero target validated by the Science Based Targets initiative Fugro’s near- and long-term science-based emissions reduction targets have been approved by the Science Based Targets initiative (SBTi). Fugro’s net-zero target spans all three emission scopes, ultimately striving to achieve net-zero greenhouse gas (GHG) emissions across the value chain by 2050. |
24 Apr 24 |
Serica Energy announces results for the year ended 31 December 2023 AIM-listed Serica Energy, a British independent upstream oil and gas company with operations in the UK North Sea has announced its audited financial results for the year ended 31 December 2023. Serica has delivered a strong set of results for 2023 despite significantly lower sales prices compared to 2022 and a full year of the UK marginal tax rate being at 75%. |
24 Apr 24 |
Namibia: Rhino Resources and Halliburton to sign contract for integrated deepwater services offshore Namibia Halliburton has been awarded a deep water integrated multi-well construction contract by Rhino Resources, a private company engaged in both onshore and offshore energy exploration in Africa. |
24 Apr 24 |
US: TotalEnergies and Vanguard Renewables join forces to develop renewable natural gas in the US TotalEnergies, a global integrated energy company, and Vanguard Renewables, a U.S. leader in farm-based organics-to-renewable natural gas production and a portfolio company of a fund managed by BlackRock’s Diversified Infrastructure business, have signed an agreement to create an equally owned joint venture to develop, build, and operate Farm Powered renewable natural gas (RNG) projects in the United States |
24 Apr 24 |
Brazil: Scatec signs PPA with Statkraft for new 142 MW solar plant in Brazil Scatec, a leading renewable energy solutions provider, has signed a 10-year power purchase agreement (PPA) with Statkraft Energia do Brasil for a 142 megawatt (MW) solar plant in Minas Gerais, in Brazil. |
24 Apr 24 |
Republic of Congo: TotalEnergies increases its interest in giant field Moho and divests two mature assets TotalEnergies has announced that its 85%-owned affiliate, TotalEnergies EP Congo, has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale to Trident Energy of its 53.5% interest in the Nkossa and Nsoko II licenses. |
24 Apr 24 |
Halliburton announces Q1 2024 results Halliburton has announced net income of $606 million for Q1 2024. This compares to net income for Q1 2023 of $651 million. Adjusted net income in the first quarter of 2024, was $679 million. Activity in North America recovered from fourth quarter lows, and the international business delivered its 11th consecutive quarter of year-on-year growth. |
24 Apr 24 |
Eni announces first quarter 2024 results In the first quarter 2024, Eni accelerated in executing the transformation of its portfolio through different high value platforms of growth in both the legacy and transition businesses. With the closing of the acquisition of Neptune Energy and the announced UK focused combination with Ithaca Energy in the Upstream, Eni will reinforce its exposure to gas and to OECD countries. |
24 Apr 24 |
UK: Octopus Renewables Infrastructure Trust signs 10 year PPA with Sky at Crossdykes wind farm Octopus Renewables Infrastructure Trust has announced that the Crossdykes wind farm in Lanarkshire, Scotland has entered into a Power Purchase Agreement ('PPA') with Sky UK. The media and telecoms corporation will purchase the majority of the electricity produced by the 46 MW wind farm. |
24 Apr 24 |
Sound Energy has announced final results for the year ended 31 December 2023 Sound Energy, the transition energy company, has announced its audited final results for the year ended 31 December 2023. Substantial 2023 Project execution undertaken - positioned for significant operational and financial progress through development of pivotal Moroccan Tendrara Production Concession, with rig activities from June 2024 and plant commissioning planned by year end. |
24 Apr 24 |
88 Energy completes successful placement to raise A$9.9 million 88 Energy has successfully completed a bookbuild to domestic and international institutional and sophisticated investors to raise A$9.9 million (approx. £5.23 million). Placement proceeds will be directed towards costs associated with the recent successful flow test at the Hickory-1 discovery well located at Project Phoenix, as well as post-flow test studies, and towards exploration activities across the Company's acreage in Namibia and Alaska. |
24 Apr 24 |
Germany/France: Volue extends its partnership with Iberdrola to provide power scheduling and algo trading in the German and French energy markets Volue, a leader in technologies and services that enable its customers to succeed in the energy transition, has signed a deal to provide the Spanish energy giant, Iberdrola, with two of its energy trading solutions: DeltaXE and Volue Algo Trader Power. |
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. |