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20 Apr 24
World's first ammonia dual-fuel Aframaxes to be developed by MISC
MISC has entered into Time Charter Party Contracts (TCP) with PETCO Trading Labuan Company Ltd (PTLCL) via its petroleum arm, AET for the world’s first two ammonia dual-fuel Aframaxes. Through these vessels, PTLCL will be able to transport its products to customers around the world while contributing to the industry decarbonisation by utilising ammonia as the cleaner alternative to conventional fuel.
20 Apr 24
Romania: ABL to provide marine warranty survey services for Neptun Deep project in the Black Sea
OMV Petrom have appointed global energy and marine consultancy ABL to provide Marine Warranty Survey (MWS) services for the construction of Romania’s Neptun Deep Gas Field Project in the Black Sea.
20 Apr 24
US: Biden-Harris Administration takes critical action to protect Alaska Native Subsistence, Lands and Wildlife
The Department of the Interior has taken two actions to help ensure millions of acres in Alaska are appropriately managed to protect the subsistence economy important to Alaska Native people and rural communities; conserve important fish and wildlife habitat; and balance extractive activities on public lands.
19 Apr 24
UK: Scottish Government stepping up action to net zero
The Scottish Government is stepping up action to tackle climate change with a suite of new policies on transport, including increasing the number of electric vehicle chargers, and land use.
19 Apr 24
UK/Denmark: National Grid launches Viking Link, the next step towards a North Sea super-grid
Delivering a major milestone in the UK energy transition and the next step in creating a North Sea grid, National Grid has today formally launched Viking Link, a record-breaking 475-mile-long land and subsea cable connecting British and Danish energy grids for the first time.
19 Apr 24
Stena Bulk completes sale of Stena Blue Sky
Leading tanker shipping company Stena Bulk has announced the successful sale of Stena Blue Sky to an undisclosed Asian buyer. The sale of Stena Blue Sky follows the recent announcement that Stena Bulk had sold two LNG carriers to BW LNG.
19 Apr 24
Petrobras and bp sign memorandum of intent for business and research
Petrobras and bp have signed a Memorandum of Understanding with the aim of promoting discussions and collaboration between the companies. This non-binding agreement focuses on topics such as: business opportunities in Sustainable Fuels, Carbon Credits, Refining and Exploration and Production. The companies will also work together on research, development, and innovation projects.
19 Apr 24
Egypt: SDX Energy announces sale of West Gharib asset in Egypt
SDX has executed a binding sale and purchase agreement ('SPA') for the disposal of the Company's West Gharib interests in Egypt. The Company also continues to progress the binding documentation for the sale of its South Disouq assets.
19 Apr 24
US: 88 Energy announces further information on Hickory-1 flow test results
88 Energy has provided a further update and information in relation to the successful flow test results announced on 2 April and 15 April 2024, from the Company's Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska.
19 Apr 24
Woodside announces first quarter report for period ended 31 March 2024
Woodside has announced its first quarter report for period ended 31 March 2024. Woodside CEO Meg O’Neill said production in the first quarter totalled 44.9 million barrels of oil equivalent (boe) and guidance for the full year remained at 185-195 million boe.
18 Apr 24
Cuba: Melbana Energy announces Alameda-3 drilling update
Melbana reports that sections of elevated formation gas have been encountered indicative of hydrocarbons in the reservoir, consistent with the exploration well Alameda-1.
18 Apr 24
Brazil: Petrobras sells its stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco
Petrobras has sold its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco. Production from the two fields was interrupted in March 2020 and the respective platforms have been mothballed ever since.
18 Apr 24
Colombia: Canacol Energy announces new gas discovery at Chontaduro-1
Canacol Energy has announced a new gas discovery at the Chontaduro-1 exploration well located on the 100 percent operated VIM21 Exploration and Production contract. Canacol is currently skidding the rig to drill the Chontaduro-2 appraisal well, targeting the CDO sandstone reservoir in the southern part of the Chontaduro discovery.
18 Apr 24
Shearwater and Mondaic enter strategic collaboration on full waveform inversion
Shearwater Geoservices, the world’s leading marine seismic acquisition company, and Mondaic, a provider of proprietary software and services for high-resolution 3D imaging, have entered a strategic collaboration for development and use of full waveform inversion solutions to enhance high-resolution subsurface imaging and optimize seismic acquisition surveys.
18 Apr 24
Denmark: BlueNord provides update on Tyra Redevelopment Project
BlueNord has been informed by the operator TotalEnergies that an operational occurrence related to the IP compressor is temporarily impacting the commissioning of the new Tyra facilities during the ramp-up and testing period, and the teams are working to resolve the issue
18 Apr 24
Namibia: ReconAfrica announces an operations update and joint venture update
Reconnaissance Energy Africa (ReconAfrica) has announced an operations update with respect to activity relating to Petroleum Exploration Licence 73 ('PEL 73'), onshore northeast Namibia, and an update with respect to the ongoing joint venture process. The Company expects to begin drilling the first Damara Fold Belt exploration well, Naingopo (Prospect L), in June 2024.
18 Apr 24
bp simplifies organisational structure and announces executive team changes
bp is simplifying its organisational structure, supporting delivery of the priorities it set out in February 2024 to grow the value of bp. bp will continue to have three businesses - production & operations, gas & low carbon energy and customers & products – enabled by trading & shipping.
18 Apr 24
UK: DNV acts as technical advisor in deal to secure £100 million funding platform to accelerate the UK's transition to a zero-emission bus network
DNV has acted as technical advisor to Rock Road as it secured a £100 million funding platform to finance up to 250 zero-emission buses and associated infrastructure across the UK.
18 Apr 24
UK: Deltic Energy announces final results for the year ended 31 December 2023
Deltic Energy, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern North Sea has announced its audited results for the year ended 31 December 2023 and has released an updated corporate presentation. The Company is planning an appraisal well on Pensacola in 2024, and an exploration well on Selene following the farmout to Dana.
18 Apr 24
UK: NEO fined £100,000 for breaching its vent consent
NEO Energy Production UK has been fined £100,000 for breaching its combined vent consent for the Donan, Lochranza and Balloch fields, around 200km northeast of Aberdeen.
18 Apr 24
Equatorial Guinea: Petrofac awarded contract supporting the National Oil Company of Equatorial Guinea
Petrofac has been awarded a Technical Services Contract by Companía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol), the National Oil Company of Equatorial Guinea, to support the operation of the region’s Block B asset.
18 Apr 24
88 Energy provides activities report for the quarter ended 31 March 2024
88 Energy has provided an activities report for the quarter ended 31 March 2024, including an update on the successful Hickory-1 discovery well flow test and stimulation program at Project Phoenix on the Alaskan North Slope and an update on its farm-in agreement with a wholly-owned subsidiary of Monitor Exploration to earn up to a 45% non-operated working interest in onshore PEL 93, located in the Owambo Basin of Namibia.
18 Apr 24
Challenger Energy announces strategic investment by Charlestown Energy
AIM-listed Challenger Energy, the Atlantic margin focused energy company, has entered into a legally binding term sheet for an investment by Charlestown Energy Partners. Charlestown will invest £1.5m in the Company, initially in the form of a loan.
18 Apr 24
SBM Offshore signs a US$250 million short-term corporate facility
SBM Offshore has secured a US$250 million term loan facility. The facility will be fully drawn in the coming days to finance Floating Production, Storage and Offloading vessel (FPSO) construction activities. Repayment is expected from first drawdown of the construction financing of FPSO Jaguar.
18 Apr 24
UK: Management buyout starts new chapter for Crondall Energy
A management buyout at Crondall Energy has seen a large proportion of members of its team take an ownership stake in the independent offshore energy consultancy.
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