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04 Mar 21
Solstad Offshore announces contract awards for the Normand Fortress and Normand Mermaid
Solstad Offshore has announced contract awards for two of its subsea construction vessels - Normand Fortress and Normand Mermaid.
04 Mar 21
Interoil signs agreements in Colombia and Argentina and announces small private placement
Interoil Exploration and Production has announced two transactions which strengthen the company’s production growth outlook in both Colombia and Argentina. The Company has also announced a Private Placement of new shares of up to (NOK equivalent) EUR 999,999.
04 Mar 21
UK: UKOG's appeal against refusal of planning consent for the Loxley gas project scheduled for July 2021
AIM-listed UK Oil & Gas (UKOG) has announced that its appeal against Surrey County Council's refusal of planning consent for the Loxley gas project will now be heard at a public inquiry to commence on 27th July 2021.
04 Mar 21
Guyana: ExxonMobil's Bulletwood-1 well fails to encounter commercial hydrocarbons
JV partner Westmount Energy confirms that the first well on the Canje Block, Bulletwood-1, was safely drilled in 2,846 meters of water by the Stena Carron drillship to its planned target depth of 6,690 meters. The well encountered quality reservoirs but non-commercial hydrocarbons.
04 Mar 21
PGS re-activates vessels for the North Sea summer season
PGS is experiencing an increase of seismic acquisition project activity. Based on project awards so far, PGS has started preparations to re-activate Ramform Vanguard for the summer season, with acquisition expected to commence in April.
04 Mar 21
Australia: Shearwater GeoServices awarded 3D survey in Australia
Shearwater GeoServices has announced the award of a 3D multisensor marine seismic survey, in the Otway Basin, offshore Australia.
04 Mar 21
Australia: Strike Energy announces West Erregulla update
Strike Energy has provided an update on the drilling operations at the West Erregulla Appraisal Campaign well WE4 behalf of of the EP469 Joint Venture. WE4 second intermediate hole section reaches final section depth of 3,906m and hydrocarbon shows observed throughout the entire hole section.
03 Mar 21
Australia: Vintage Energy announces operations update
Vintage Energy has provided an update on activities relating to the testing of Nangwarry-1 in the onshore Otway Basin and the Vali gas field and Odin prospect in the Cooper Basin.
03 Mar 21
US: Valaris receives court approval of Chapter 11 Plan of Reorganization
Valaris has received approval from the United States Bankruptcy Court for the Southern District of Texas of its prearranged Plan of Reorganization.
03 Mar 21
UK: Oil and gas industry welcomes Chancellors’ Budget measures to support green energy transition
The UK oil and gas industry has welcomed some of the measures announced by the Chancellor in Wednesday's Budget, adding that now close cooperation with the sector is essential to maximise its world-leading expertise and assure a successful green energy transition.
03 Mar 21
Getech and IGA to further the use of clean geothermal energy
Getech, a provider of data, knowledge and software to the energy industry, has announced that it will collaborate with the International Geothermal Association (IGA), to further the worldwide promotion of geothermal energy.
03 Mar 21
UK: Storegga the lead developer of the Acorn CCS and Hydrogen Project attracts investment from GIC, Mitsui and Macquarie
Storegga, an independent UK company pioneering carbon reduction and removal for a net zero world, has announced that GIC, Singapore’s sovereign wealth fund and Mitsui & Co, a global trading and investment company, have become new investors in the Company, alongside a further investment from the cornerstone investor, Macquarie.
03 Mar 21
Could 2021 be a tipping point for energy transition initiatives in Europe - TGS insights
In business, it is said that momentum is crucial. That being the case, it looks like 2021 could be the start of a bumper year for the offshore wind industry. Already this year there have been a number of eye-catching announcements that indicate a positive direction of travel for the sector and bodes well for considerable growth in the near-term and the years beyond.
03 Mar 21
UK: BP appoints new UK head of country and senior vice president for Europe
bp has announced that Peter Mather, bp’s UK head of country and senior vice president for Europe, will leave the company at the end of the year. He will be replaced by Louise Kingham OBE, CEO of the Energy Institute for more than 20 years, who will join bp in May.
03 Mar 21
Floating Offshore Wind sector promises global opportunities for subsea industry
Subsea companies can find out how to leverage the opportunities in the multi-billion pound Floating Offshore Wind (FOW) sector through a three-part webinar series organised by Subsea UK and the Offshore Renewable Energy (ORE) Catapult’s Floating Offshore Wind Centre of Excellence (FOW CoE), beginning this month.
03 Mar 21
UK: Global Offshore to provide complete cable care service to Equinor wind farms
Global Offshore, a leading provider of cable installation, repair and trenching services to the offshore renewables, utilities and oil & gas markets, and part of the Global Marine Group, has announced a multi-year cable maintenance and management framework agreement with Equinor.
03 Mar 21
US: Nostra Terra provides Pine Mills update
AIM-listed Nostra Terra has provided an operations update for its Pine Mills asset in East Texas, following the drilling of the recent Cypress farm-out well, which was successfully drilled at the end of 2020 and put into production in January of this year.
03 Mar 21
UK: Reabold Resources announces partial sale of convertible loan notes in Corallian Energy
Reabold Resources has initiated the sale of a portion of the convertible loan notes in Corallian Energy with a principal value of £500,000, to a group of strategic investors, in exchange for cash proceeds of £500,000.
03 Mar 21
UK: Jersey Oil and Gas announces Greater Buchan Area Development Project Concept Select update
AIM-listed Jersey Oil & Gas has announced the key findings of its detailed and comprehensive Concept Select Report ('CSR') in respect of its Greater Buchan Area ('GBA') Development Project which contains an aggregate 172 million barrels of oil equivalent ('MMboe') 2C contingent resource estimates of light sweet crude and associated gas.
03 Mar 21
Australia: Armour Energy announces proposed demerger of Northern Basin Oil & Gas Business
Armour Energy has announced that the Company proposes to demerge the Northern Basin Oil & Gas Business into a newly formed company – McArthur Oil & Gas – to be separately listed on ASX to unlock unrecognized value for shareholders.
03 Mar 21
Australia: Carnarvon Petroleum secures rig for high impact Pavo & Apus drilling
Carnarvon Petroleum has confirmed that the Noble Tom Prosser jack-up drilling rig has been contracted to drill the Pavo-1 and Apus-1 exploration wells. Both prospects have the potential to materially increase the aggregate development resource for the Dorado field if successful.
02 Mar 21
Ukraine: Vestas secures 126 MW EnVentus order in Ukraine
Vestas has signed the first EnVentus order in the Eastern Europe region for the 126 MW DTEK Tiligulska project in Ukraine, building on a track record of 660 MW already installed by Vestas in Ukraine. The Tiligulska project is being developed by DTEK Renewables, for whom Vestas has also delivered three previous projects in Ukraine.
02 Mar 21
Nigeria: Shell invests to support Nigeria’s domestic gas ambition for industrialization
The Shell Petroleum Development Company of Nigeria (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of using the country’s proven gas reserves to trigger economic activities for gas-based industrialization.
02 Mar 21
Sweden: Vestas adds 67 MW EnVentus order along with a long-term service agreement in Sweden
Vestas has bolstered its Swedish pipeline with a 67 MW order for the Grönhult project in southwest Sweden from The Renewables Infrastructure Group (TRIG). Vestas will supply, install and commission 12 V162-5.6 MW turbines, part of Vestas’ EnVentus platform.
02 Mar 21
Norway: Odfjell Drilling signs contract with Lundin Energy Norway
Following the announcement 25 January 2021 in which Odfjell Drilling announced the award of letters of intent with Lundin Energy Norway for the use of the Deepsea Stavanger, Odfjell has now confirmed that a final contract for the drilling campaign has now been signed.
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