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11 Nov 24 |
UAE: ADNOC Gas to acquire 60% stake in Ruwais LNG from ADNOC at cost in H2 2028 ADNOC Gas, a world-class integrated gas processing company, expects to acquire ADNOC’s 60% stake in the Ruwais Liquified Natural Gas (LNG) plant in the second half of 2028 at cost - estimated to be around $5 billion. |
11 Nov 24 |
Egypt: QatarEnergy expands its exploration footprint in Egypt QatarEnergy has entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block, in the Mediterranean Sea offshore Egypt. Chevron (the operator) will retain a 40% interest. |
11 Nov 24 |
India: Dolphin Drilling's Blackford Dolphin commences long-term contract with Oil India Limited Dolphin Drilling has announced that its deepwater capable semisubmersible rig, Blackford Dolphin, has commenced its long-term exploration drilling contract with Oil India Limited offshore India. |
11 Nov 24 |
APA Corporation announces Q3 2024 financial and operational results APA reported a loss attributable to common stock of $223 million or $0.60 per diluted share, which was primarily driven by non-cash impairments of assets in the U.K. and assets held for sale in the Permian Basin. |
11 Nov 24 |
Colombia: Arrow Exploration announces fifth horizontal well results in the Tapir Block Arrow Exploration, the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, has provided an update on operational activity. The fifth horizontal well on the Carrizales Norte 'B' pad (CNB HZ-6), on the Tapir Block in the Llanos Basin, is now on production. |
11 Nov 24 |
Norway: Orlen Upstream Norway granted drilling permit for well 6305/10-1 in PL 1055 The Norwegian Offshore Directorate has granted Orlen Upstream Norway a drilling permit for well 6305/10-1 in production licence PL 1055. |
11 Nov 24 |
Eni signs agreement for Energy Infrastructure Partners to further invest in Plenitude Eni, Plenitude and Energy Infrastructure Partners (EIP) have signed the agreement to further increase EIP’s share in Plenitude through a capital increase of approx. €209 million. The stake of EIP, post-transaction, would be 10% of Plenitude’s share capital, for a total investment of around €800 million, including the €588 million paid in last March. |
11 Nov 24 |
Kistos announces direct sustainability investment in next-generation tidal power Kistos, an independent energy company focused on generating value across the upstream and midstream markets, has announced an investment in Spiralis Energy, a tidal energy business. |
11 Nov 24 |
Trinidad: Touchstone announces Cascadura well test results Touchstone Exploration has announced the completion of Cascadura-2ST1 and Cascadura-3ST1 well testing. The Cascadura-2ST1 well is currently on continuous production to the Cascadura natural gas processing facility, and the Cascadura-3ST1 well is scheduled to commence permanent production within the next two days. |
11 Nov 24 |
US: Nostra Terra Oil and Gas provides production and operations update AIM-listed Nostra Terra, the international oil & gas exploration and production company, focused on its Pine Mills producing asset in Texas USA, has provided a production and operations update. |
11 Nov 24 |
US: Pantheon Resources spuds 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 announced the spudding of the Megrez-1 well to explore the eastern topsets in the Ahpun field, immediately adjacent to pipeline and road infrastructure. |
11 Nov 24 |
Jadestone Energy announces corporate update Jadestone Energy, an independent upstream production company focused on the Asia-Pacific region, has provided an operational update. The Company reiterates its 2024 production guidance, as provided in its H1 2024 results on 17 September 2024, being towards the lower end of the 18,500 - 21,000 boe/d range. |
11 Nov 24 |
Brazil: Petrobras reports net profit of R$ 32.6 billion in Q3 2024 Petrobras reported a net profit of R$ 32.6 billion in the third quarter of 2024 (Q3 2024). The company also posted other solid financial indicators for the quarter, including recurring EBITDA of R$ 64.4 billion, free cash flow of R$ 38 billion, and robust operational cash flow (OCF) of R$ 62.7 billion - one of the top six quarterly operational cash flows in its history |
11 Nov 24 |
Japan: Seatrium signs LOI for a Heavy Lift Vessel for Japan’s wind market Seatrium has announced that its subsidiary has signed a Letter of Intent (LOI) with Japan-based Penta-Ocean Construction (POC) to carry out early engineering work for a 5,000t fully-revolving Heavy Lift Vessel project for the Japan wind market. Subject to the final investment decision by POC, the full EPC contract award is expected in 1Q 2025. |
11 Nov 24 |
Norway: Beerenberg signs extended service agreement Beerenberg has signed a substantial contract with Aker Solutions for core maintenance services for Norwegian North Sea fields. The contract is an extension of already existing frame agreement. |
11 Nov 24 |
TGS secures first 3D streamer contract for 2025 summer season TGS has announced the award of the company's first 3D streamer contract for the 2025 Northwest Europe summer season. Acquisition is scheduled to commence in May with a total duration of approx. 35 days. |
11 Nov 24 |
Timor Leste: Finder Energy provides update on the Kuda Tasi and Jahal oil development, offshore Timor Leste Finder Energy has provided an update regarding the recently acquired Kuda Tasi and Jahal development project located in PSC 19-11, offshore Timor Leste. |
11 Nov 24 |
Oman: KBR awarded FEED contract for Sur LNG Train 4 project in Oman KBR has been awarded a front-end engineering design (FEED) contract for the expansion of the Qalhat LNG complex in Sur, Oman. Under the FEED contract, KBR will provide engineering services for the complex’s fourth LNG train, which will have a capacity of 3.8 million tons per annum. |
11 Nov 24 |
Denmark: BlueNord provides update on Tyra Redevelopment Project BlueNord has announced that the operator of the DUC, TotalEnergies, has informed its partners that all necessary machinery is now fully operational at the new Tyra facilities. This milestone marks the achievement of full technical capacity, which BlueNord expects will enable the ramp-up to production plateau before year-end. |
11 Nov 24 |
Ireland releases critical geophysical data for second offshore wind auction Following the government’s recent approval of the agreed terms for Ireland’s second offshore wind auction, ORESS 'Tonn Nua', the Department of the Environment, Climate and Communications has now made critical geophysical data sets available. |
11 Nov 24 |
US: BOEM completes environmental review for proposed wind energy project offshore Massachusetts and Rhode Island In support of the Biden-Harris administration’s efforts to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) has announced the availability of the final Environmental Impact Statement (EIS) for the proposed SouthCoast Wind Project. If approved, this project could generate up to 2.4 GW of offshore wind energy, enough to power more than 800,000 homes. |
11 Nov 24 |
Denmark: RWE chooses Thyborøn Port to build Denmark’s largest offshore wind farm to date RWE to locate its offshore construction base for its 1.1 GW Thor offshore wind farm at Thyborøn Port. Offshore installation work to begin – as planned – in spring 2025; full commissioning expected in 2027. |
11 Nov 24 |
Guyana: FPSO Prosperity purchase by ExxonMobil Guyana completed SBM Offshore and ExxonMobil Guyana have completed the transaction related to the purchase of FPSO Prosperity, ahead of the maximum lease term, which would have expired in November 2025. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO up to 2033. |
11 Nov 24 |
Ireland is on track to reach 5,000 MW of installed onshore capacity Ireland is on track to reach 5,000 MW of installed onshore capacity before the end of the year. The announcement was made as more than a thousand delegates arrived for the country’s second ever Wind Energy Trade Show. |
11 Nov 24 |
Ireland: Second Irish offshore wind auction announced for 2025 In a major statement of commitment to Irish offshore wind energy Minister for the Environment, Climate and Communications Eamon Ryan TD this morning told delegates at the Wind Energy Trade Show 2024 that a new, second, offshore wind auction will be run in 2025. |