energy-pedia news

Search energy-pedia news by selecting date, type, and region from the drop-down boxes

The full News Archive is available to Corporate Subscribers only. Non-Subscribers can access up to four years of archived news. For details of how to subscribe click here.

Reset

01 Dec 22	Guyana: Government of Guyana confirms Corentyne License remains in full force and effect and good standing - CGX and Frontera complete JOA amendment CGX Energy and Frontera Energy, JV partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, have announced that the Government of Guyana has agreed with the JV's declaration of force majeure regarding Phase Two of the Second Renewal Period of the Corentyne Block Petroleum Agreement and a corresponding extension of the License to January 31, 2023.
01 Dec 22	UK: Expro strengthens North Sea position with integrated well intervention and integrity contract for Apache Energy services provider, Expro, has announced a new $50 million contract with North Sea operator Apache Corporation on its Beryl and Forties assets.
01 Dec 22	Baltic Pipe commences operation at full capacity Energinet, the Danish Transmission System Operator, has announced that, after three years of construction work and even longer preparation, the gas pipeline is now ready. The Baltic Pipe, which connects Norway, Denmark and Poland and helps ensure security of supply in Europe, went into full operation on 30th of November, 2022.
01 Dec 22	Australia: Xodus architecting major hydrogen generation project in Western Australia Global energy consultancy Xodus is architecting a new green hydrogen project based in the Mid-West region of Western Australia which will scale up to 1,000 megawatts (MW) of electrolyser capacity.
01 Dec 22	Warrego Energy commences matching rights process in Beach SID in respect of Hancock takeover offer Warrego Energy has received an off-market takeover offer from Hancock Energy to acquire all of the fully paid ordinary shares in Warrego, which has been determined as a Superior Proposal compared to the scheme proposal from Beach Energy announced by Warrego on 14 November 2022.
01 Dec 22	Kazakhstan: TotalEnergies implements its energy transition strategy TotalEnergies has implemented its energy transition strategy in Kazakhstan with, on the one hand, the sale of its affiliate Total E&P Dunga and, on the other the giant Mirny wind farm project that received the support of the French and Kazakh authorities.
01 Dec 22	Iraq: Genel Energy receives payments for KRI oil sales Genel Energy has announced that all payments have now been received from the Kurdistan Regional Government (‘KRG’) relating to oil sales during July 2022.
01 Dec 22	Australia: Central Petroleum's Palm Valley 12 well commences flowing sales gas Central Petroleum has advised that the Palm Valley 12 (PV12) well has been tied-in and commenced flow testing on 28 November 2022.
01 Dec 22	Russian upstream investments set to plunge by $15 billion this year as sanctions obscure production outlook - Rystad Energy The financial impact of Western sanctions and the widescale exodus of foreign partners from the Russian oil and gas sector are beginning to materialize, with upstream investments set to sink to $35 billion in 2022, according to Rystad Energy research.
01 Dec 22	US: Zephyr Energy commences production test at State 16-2 LN-CC well Zephyr Energy, the Rocky Mountain oil and gas company, has announced that, following the completion of facilities construction and commissioning operations, the next phase of production testing has commenced on the State 16-2 LN-CC well and hydrocarbons are now flowing from the well, located on the Company's flagship project in the Paradox Basin, Utah, US.
01 Dec 22	Eni reported to be in preliminary talks to buy Neptune Energy for $5-6 bln Eni is reported to be in preliminary talks to buy private-equity backed gas and oil producer Neptune Energy for around $5 billion - $6 billion.
01 Dec 22	Egypt: PGS release West Egypt MC3D Depth Merge and interpretation PGS, in collaboration with EGAS, has completed an extensive 3D GeoStreamer data acquisition and imaging campaign in Egypt’s west Mediterranean Sea. The merged MC3D volume is an ideal screening product for companies looking to rapidly evaluate the subsurface potential of this frontier area.
30 Nov 22	Canada: Enbridge completes partnership agreement in Woodfibre LNG Enbridge has completed the previously announced transaction relating to its partnership agreement with Pacific Energy to jointly invest in the construction and operation of the Woodfibre LNG project, located near Squamish, B.C. Enbridge now has a 30% ownership stake in the Woodfibre LNG project, with Pacific Energy retaining the remaining 70% stake in the project.
30 Nov 22	Poland: Aramco completes three transactions with PKN ORLEN in Poland The Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, has successfully closed three landmark transactions with Polish refiner and fuel retailer PKN ORLEN, through its subsidiary Aramco Overseas Company, based in the Netherlands.
30 Nov 22	Oman: Petrofac chosen by Shell for scopes in Oman Petrofac, a leading provider of services to the global energy industry, has been selected by Shell to undertake new Engineering and Procurement Services (EPS) scopes in Oman.
30 Nov 22	Thailand: Valeura Energy charters crude oil tanker to store oil produced from the Wassana oil field, offshore Gulf of Thailand Valeura Energy has entered into a definitive agreement to charter a crude oil tanker to store oil produced from the Wassana oil field, offshore Gulf of Thailand, as previously announced on November 11, 2022.
30 Nov 22	Norway: Petroleum Safety Authority gives Equinor consent for exploration drilling in Block 34/6 and Block 35/10 in the North Sea Norway's Petroleum Safety Authority has given Equinor consent for exploration drilling in Block 34/6 and Block 35/10 in the North Sea. Well 34/6-6 S / 34/6-6 A will be drilled to test a prospect named Angulata Brent in production licence PL 554. Well 35/10-9 will be drilled to test a prospect named Heisenberg in production licence PL 827 S.
30 Nov 22	UK: Four leading operators collaborate to accelerate well decommissioning technologies The Net Zero Technology Centre (NZTC) has announced Harbour Energy, ConocoPhillips, Spirit Energy and Repsol Sinopec as members of its well decommissioning collaboration initiative.
30 Nov 22	Zenith Energy announces half-year results Zenith Energy, the Africa and Middle East focused energy production and development company, has published its consolidated half-yearly unaudited financial results for the six months ended September 30, 2022.
30 Nov 22	Australia: Vestas wins 756 MW order for wind project in Australia In partnership with renewable energy enterprise, TagEnergy, Vestas will deliver the Engineering Procurement and Construction (EPC) for the first stage of Golden Plains Wind Farm, a 756 MW project in Victoria, Australia. Stage One is set to be Vestas’ largest onshore wind farm in Asia Pacific.
30 Nov 22	ExxonMobil, Mitsubishi Heavy Industries form carbon capture technology alliance ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers.
30 Nov 22	Norway to postpone oil and gas licensing round Norway will not issue licences for energy companies to explore for oil and gas in frontier areas during the life of the current parliament, which ends in 2025, according to its oil and energy minister.
30 Nov 22	Falklands: Rockhopper extends South Falkland Basin Petroleum Licences Rockhopper Exploration has announced that the Falkland Islands Government has agreed to extend each of the Company's South Falkland Basin Production Licences, in which the Company holds a 100% interest, until 3 December 2024.
30 Nov 22	Namibia/Italy: Global Petroleum provides update on its operations in Namibia and Italy AIM-listed Global Petroleum has provided an update of its operations in Namibia and Italy. Global is seeking a farm-in a partner to fund the further work programme in PEL 94, offshore Namibia. The current commitment is the acquisition of 2,000 sq kms of 3D seismic data.
29 Nov 22	Malaysia: PETRONAS Carigali reaches Final Investment Decision for Kasawari CCS project offshore Sarawak PETRONAS Carigali, a wholly-owned subsidiary of PETRONAS, has reached the Final Investment Decision (FID) for the development of its Kasawari CO2 Sequestration (CCS) project offshore Sarawak.