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22 Mar 23
Italy: GreenIT and Copenhagen Infrastructure Partners to develop three floating offshore wind farms in Italy with 2 GW capacity
GreenIT, the Italian renewable energy joint venture between Plenitude (Eni) and CDP Equity (CDP Group), and Copenhagen Infrastructure Partners (CIP) through its Flagship Funds have signed an agreement to develop three floating offshore wind projects in Latium and Sardinia.
22 Mar 23
DeepOcean charters offshore support vessel
Ocean services provider DeepOcean has strengthened its offering to the offshore renewables and oil and gas industries by entering a two-year time charter agreement for the Olympic Ares multi-purpose support vessel (MPSV).
22 Mar 23
ADNOC Drilling and Masdar agree to explore geothermal energy opportunities
ADNOC Drilling Company has signed a five-year MoU with Masdar, one of the world’s leading clean energy companies. Under the MoU, the companies will explore collaboration around development, investment, operations, and projects to responsibly advance the energy transition both in the UAE and globally.
22 Mar 23
Australia: Falcon Oil & Gas announces successful completion of the Amungee NW-2H well 25-stage stimulation programme
Falcon Oil & Gas has announced the successful completion of a 25-stage stimulation programme at the Amungee NW-2H ('A2H') well in the Beetaloo Sub-Basin, Northern Territory, Australia.
22 Mar 23
Genel Energy announces audited results for the year ended 31 December 2022
Genel Energy has announced its audited results for the year ended 31 December 2022. Genel's production business generated record cash flow in 2022, building significant financial resources and resulting in a net cash balance at the end of the year of over $200 million.
22 Mar 23
Colombia: Arrow Exploration announces RCE-4 results and operations update
Arrow Exploration has provided an update on the drilling activity at Rio Cravo Este ('RCE') on the Tapir Block in the Llanos Basin of Colombia. The RCE-4 well was completed in the C7-A and C7 Stringer zones and is currently producing from those zones.
22 Mar 23
Pharos Energy announces 2022 preliminary results
Pharos Energy, an independent energy company, has announced its preliminary results for the year ended 31 December 2022.
22 Mar 23
Thailand: Valeura Energy announces completion of transformative Gulf of Thailand acquisition
Valeura Energy has announced completion of its transformative Gulf of Thailand acquisition, as announced on December 6, 2022.
22 Mar 23
PGS announces 3D exploration acquisition contract
PGS has been awarded a 3D exploration acquisition contract by a major international energy company. Ramform Titan is scheduled to mobilize for the survey in late June and acquisition is expected to complete in August 2023.
22 Mar 23
TotalEnergies presents the progress of its transformation strategy and the update of its climate ambition
To mark the publication of its Sustainability & Climate – 2023 Progress Report, TotalEnergies presents the progress of its transformation strategy and the update of its climate ambition in accordance with the commitment made by the Board of Directors at the Annual Shareholders’ Meeting of May 25, 2022.
22 Mar 23
UK: Hartshead announces agreement with Shell on key commercial terms for gas transportation and processing
Hartshead Resources has entered into an agreement with Shell, which sets out the key commercial terms for the transportation and processing of Hartshead’s Phase I gas field production via Shell’s Southern North Sea infrastructure.
21 Mar 23
Finland: Axpo launches wind power activities in Finland
Switzerland’s largest energy group Axpo marked the official start of its wind power activities in Finland with the opening of a new base for its dedicated renewables operations team.
21 Mar 23
UK: Havfram Wind to install turbines at Orsted's Hornsea 3 offshore wind farm
Ørsted has appointed Havfram Wind to install turbines at its Hornsea 3 offshore windfarm, starting autumn 2026. Hornsea 3 will consist of up to 231 offshore wind turbines, located within a 696 sq km area, approx. 120 km off the Norfolk coast and 160 km off the Yorkshire coast.
21 Mar 23
UK: Britain’s biggest pumped hydro scheme in 40 years gets £100m investment boost
SSE is providing a £100 million investment boost into what can be Britain’s biggest pumped hydro storage scheme in 40 years. Coire Glas in the Scottish Highlands could power 3 million homes and more than double GB electricity storage.
21 Mar 23
UK: Serica Energy provides update on acquisition of Tailwind Energy Investments
Further to the announcement on 20 December 2022 and subsequent shareholder approval on 27 January 2023, Serica Energy has announced that the conditions precedent pursuant to the sale and purchase agreement (the 'SPA') for the acquisition of Tailwind Energy Investments from Tailwind Energy Holdings have been satisfied.
21 Mar 23
UK: NSTA gets tough with firm suspected of undermining UK energy security
An oil and gas company is under investigation for possibly failing to meet licence commitments designed to stimulate activity, in support of the UK’s energy security. The investigation will look into whether the company met seismic survey and work programme commitments.
21 Mar 23
Norway: Norway's oil production in February lower than the NPD’s forecast
Preliminary production figures for February 2023 show an average daily production of 1,994,000 barrels of oil, NGL and condensate. Oil production in February is 2.8 percent lower than the NPD's forecast and 2.5 percent lower than the forecast so far this year.
21 Mar 23
South Africa: Eco Atlantic announces details of proposed offshore exploration in Orange Basin Block 3B/4B
Eco (Atlantic) Oil & Gas and its partners are applying for Environmental Authorisation to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa. The JV is planning to drill one well and one contingent well (and potentially up to five wells) within an area of interest in the north of the Block.
21 Mar 23
Norway: Longboat Energy announces full year results to 31 December 2022
Longboat Energy has announced its full-year results for the period ended 31 December 2022. In 2022, Longboat was one of the most active independent exploration companies in Norway where it drilled five wells and made two significant discoveries. Kveikje and Oswig, which are among the largest discoveries made in Norway in 2022.
21 Mar 23
Valeura Energy provides update on its Wassana crude oil storage vessel
Valeura Energy has provided an update on its Wassana crude oil storage vessel. Modifications to the MT Jaka Tarub crude oil storage vessel are now complete and the vessel is expected to arrive at the Wassana field in the coming days, after which Valeura intends to resume oil production operations.
21 Mar 23
Valeura Energy announces acquisition of Special Purpose Vehicle company interest
Valeura Energy, the upstream oil and gas company with assets in the offshore Gulf of Thailand and the Thrace Basin of Turkey, has announced that it will acquire the remaining minority interest in its special purpose vehicle subsidiary company, Valeura Energy Asia, which is the entity that holds all of its assets in Thailand.
21 Mar 23
Egypt: United Oil and Gas announces commencement of production from the ASH-8 well
AIM-listed United Oil & Gas has announced an update on the ASH-8 development well in the Abu Sennan licence, onshore Egypt. The well commenced production on 16 March at an initial stabilised rate of c. 2,980 bopd and 2.64 mmscf/d gross (c. 656 bopd and 0.58 mmscf/d net)
21 Mar 23
Suriname: CGG, TGS and BGP complete Phase IV of 3D multi-client survey offshore Suriname
CGG, in a consortium with TGS and BGP, has announced the completion of Phase IV of the deepwater 3D seismic survey offshore Suriname. The new multi-client data will support Suriname’s deep and shallow water bid rounds.
21 Mar 23
Nigeria: Blackford Dolphin commences drilling contract with GHL
Dolphin Drilling has announced that the Blackford Dolphin has commenced its 12-month drilling contract with General Hydrocarbons Limited (GHL) in Nigeria.
21 Mar 23
Norway: Aker BP moving ahead with nine of ten PDO projects
Aker BP has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded to all the Plans for Development and Operation submitted in December 2022, except from one. The total recoverable resources from these development projects were estimated to 730 mmboe net for Aker BP, with net investments of approx. USD 19 billion in nominal terms and an average break-even price of USD 35-40 per barrel.
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