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19 May 25	Taiwan: Lamprell signs MOU with Dong Fang Offshore Lamprell has signed a Memorandum of Understanding (MOU) with Dong Fang Offshore (DFO) for a newbuild NG-9000X wind turbine installation and maintenance vessel. The newbuild vessel will support offshore wind activities in the Asia Pacific region and will be designed to accommodate the latest generation of turbines.
19 May 25	Norway: Var Energi granted drilling permit for well 6406/11-2 S in production licence PL 586 The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for well 6406/11-2 S in production licence PL 586.
19 May 25	UK: Penspen secures multi-million-pound contract to advance groundbreaking HyNet CO2 Pipeline Project Penspen, a leading international energy consultancy, has secured a multi-million-pound contract from United Living Infrastructure Services to advance the development of the HyNet CO2 transportation pipeline at Liverpool Bay.
19 May 25	Falklands: Borders & Southern Petroleum announces audited results for the 12 month period ended 31 December 2024 AIM-listed Borders & Southern, the London based independent oil and gas exploration company with assets offshore the Falkland Islands, has announced its audited results for the year ended 31 December 2024.
19 May 25	US:Pantheon Resources announces further results from the flow testing of the Megrez-1 well on Alaska's North Slope Pantheon Resources, an oil and gas company developing the Kodiak and Ahpun oil fields in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, has today announced further progress from the Megrez-1 flow testing programme and guidance on the timing of future activities.
19 May 25	UK/US: Union Jack Oil announces final results for Y/E 31 December 2024 Union Jack Oil, a profitable UK and USA focused onshore hydrocarbon production, development, exploration and investment company, has announced its audited results for the year ended 31 December 2024.
19 May 25	Indonesia: Conrad Asia Energy increases its stake in Duyung PSC Conrad Asia Energy has completed the transfer of Coro Energy's 15.0% Participating Interest in the Duyung PSC. This will bring his will bring Conrad Asia Energy's total PI in the Duyung PSC to 91.5%.
19 May 25	Denmark: 10 companies selected to compete for Denmark’s CCS Fund with DKK 28.7 billion for Carbon Capture and Storage The Danish Energy Agency has selected 10 companies from a pool of 16 applicants to compete for DKK 28.7 billion in funding for Carbon Capture and Storage projects. The funding is expected to help reduce Denmark’s annual CO2 emissions by 2.3 million tonnes from 2030.
19 May 25	UK: £1.6m funds a resilient future for Scotland’s globally important seabirds The Scottish Marine Environmental Enhancement Fund (SMEEF) has announced a new Seabird Resilience Fund to help safeguard the future of Scotland’s precious seabirds. This significant £1.6m investment, funded by voluntary donations from a group of offshore renewable energy developers, aims to fund practical projects to protect seabirds from the many threats they face, both at sea and on land.
19 May 25	UK: NSTA and CES agree to collaborate to harness the potential of the North Sea The North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) which commits both organisations to work together to realise the tremendous energy and carbon storage potential of the North Sea.
19 May 25	Australia: Korea National Oil Corporation to join Otway gas hunt 3D Energi has announced that the Korea National Oil Corporation (KNOC) will enter the joint ventures with 3D Energi and ConocoPhillips Australia (COPA) in the Otway exploration permits VIC/P79 and T/49P, subject to regulatory approvals.
19 May 25	Wind Turbine Suppliers deliver new record volume despite macroeconomic and policy challenges Wind turbine manufacturers installed 127 GW of new wind power capacity in 2024, according to GWEC’s annual Supply Side Data report. The data from GWEC’s Market Intelligence team finds 29 different wind turbine suppliers mechanically installed 23,098 units last year despite the challenging macroeconomic pressures, rising commodity and capital costs, and prolonged supply chain disruptions.
19 May 25	US: Occidental and ADNOC’s XRG agree to evaluate joint venture to develop South Texas Direct Air Capture hub Occidental and its subsidiary 1PointFive have announced an agreement with XRG, ADNOC’s investment company, to evaluate a potential joint venture to develop a Direct Air Capture (DAC) facility in South Texas.
19 May 25	UAE: EOG Resources awarded onshore concession to explore and appraise unconventional shale block in the UAE EOG Resources has been awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3). EOG holds 100 percent equity and operatorship and, in coordination with Abu Dhabi National Oil Company (ADNOC), will explore and appraise unconventional oil in the concession area.
19 May 25	Namibia: Rhino Resources and Halliburton deliver the first two exploration wells on Block 2914 offshore Namibia Rhino Resources and Halliburton announced the delivery of two exploration wells on Block 2914 within Petroleum Exploration License (PEL) 85 offshore Namibia. Halliburton's collaborative approach and integrated services were instrumental in Rhino's success as the block's operator.
16 May 25	UK: Great British Energy legislation passes through Parliament Landmark Great British Energy Bill passes in Parliament. Publicly-owned energy company to benefit working people by accelerating clean power, bringing energy security and jobs as part of the Plan for Change.
16 May 25	Norway: Equinor granted drilling permit for well 7220/5-4 in PL 532 The Norwegian Offshore Directorate has granted Equinor a drilling permit for well 7220/5-4 in production licence PL 532.
16 May 25	UK: RenewableUK welcomes approval of Strategic Spatial Energy Plan methodology RenewableUK comments on the news that the Secretary of State and Ofgem have approved the methodology for developing the first Strategic Spatial Energy Plan (SSEP), as proposed by the National Energy System Operator (NESO).
16 May 25	UK: Union leader blasts ‘outrageous’ National Grid profits Responding to the announcement that the monopoly National Grid Plc increased its pre-tax profits 20 per cent to £3.7 billion, Unite general secretary Sharon Graham said:'The profits raked in by National Grid lay bare Britain’s broken energy system. Energy profiteers like National Grid are extracting cash for overseas’ shareholders through ever more expensive bills'.
16 May 25	Trinidad: Touchstone Exploration closes acquisition of Shell Trinidad Central Block Limited Touchstone Exploration has successfully closed the previously announced acquisition of 100 percent of the share capital of Shell Trinidad Central Block Limited
16 May 25	Trinidad: Perenco announces successful gas well at the undeveloped Onyx field offshore Trinidad Perenco, as Operator of the Teak, Samaan and Poui (TSP) fields, has announced the successful drilling of the Onyx well and sidetrack in the eastern part of the Onyx field. The two legs encountered significant columns of natural gas in two separate geological compartments.
16 May 25	DOF Group announces financial report for Q1 2025 The DOF Group delivered a good start to 2025 with strong project execution and a solid first quarter EBITDA of USD 158 million, representing an improvement from Q4 2024 and close to 40% increase from first quarter last year.
16 May 25	Odfjell Drilling reports for the first quarter of 2025 Odfjell Drilling reports for the first quarter of 2025. For the first time since the Odfjell Technology spin off in March 2022, the Group achieved an EBITDA of above USD 100 million.
15 May 25	UK: SSE welcomes UK offshore wind Capacity Increase Programme SSE has welcomed the decision by The Crown Estate to proceed with its Capacity Increase Programme to maximise the potential of existing offshore wind lease areas in the UK.
15 May 25	Canada: Strathcona Resources announces sale of Montney assets for $2.84 billion Strathcona Resources has entered into definitive agreements to sell substantially all of its Montney assets for approx. $2.84 billion. Upon completion of the Montney dispositions, Strathcona will be a pure-play heavy oil company.