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23 Apr 24 |
Norway: Var Energi reports record high production and strong first quarter results Vår Energi is on track for growth and value creation and delivers strong financial results in a quarter with record high production. Total income in the quarter was USD 1956 million, an increase of USD 257 million from last quarter. |
22 Apr 24 |
Namibia: Sintana Energy provides PEL 83 exploration campaign update - successful completion of well testing operations at Mopane-1X Sintana Energy has provided an update regarding the ongoing exploration campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin, emerging as one of the world’s most prospective oil and gas regions. The successful culmination of the exploration campaign at Mopane further demonstrates the scope and potential of PEL 83 with Mopane alone containing potential in excess of 10 billion barrels of original oil in place. |
22 Apr 24 |
UK: Green Volt, one of the world’s largest floating windfarms, has been approved Leading offshore wind developers Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have announced that their pioneering floating offshore wind project, Green Volt, has been granted offshore planning approval and remains on track to be the first commercial-scale offshore windfarm in Europe. |
22 Apr 24 |
Norway: Var Energi announces approval of intra-group merger with Var Energi Norge As announced on 22 April 2024, the boards of directors of Vår Energi and Vår Energi Norge (formerly Neptune Energy Norge) have approved the joint plan for the merger of the two group companies. |
22 Apr 24 |
Sweden: European Energy starts construction of Sweden’s first large-scale hybrid wind and solar farm European Energy has started constructing Sweden’s first large-scale hybrid park in Skåramåla in the municipality of Tingsryd, where the existing wind farm is supplemented by a solar park. By co-locating the plants, the land is used more optimally, and the electricity can be fed out via the same grid connection. |
22 Apr 24 |
Malaysia: TotalEnergies signs an agreement to acquire the remaining 50% of SapuraOMV, a significant Upstream Gas Operator in Malaysia TotalEnergies has signed an agreement with Sapura Upstream Assets to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV for a consideration of $530 million. |
22 Apr 24 |
Balticconnector’s commercial use has begun as planned Balticconnector’s commercial use has begun according to plans today, 22 April. According to the current forecast, market participants will transmit approximately 10 GWh of commercial gas from Estonia to Finland during this gas day, and approximately 70 GWh from Finland to Estonia. |
22 Apr 24 |
UK: RWE launches pre-application consultation for Pembroke Green Hydrogen To support the decarbonisation of local industry in South Wales, RWE is progressing proposals to develop a green hydrogen production facility on its land adjacent to Pembroke Power Station. Hydrogen can be used as a clean energy alternative for local industrial processes, displacing their current fossil fuel usage, and reducing their carbon emissions. |
22 Apr 24 |
Oman: Technip Energies awarded a substantial contract for TotalEnergies and OQ’s Marsa LNG Project in Oman Technip Energies has been awarded a substantial contract by TotalEnergies and OQ for the Marsa LNG bunkering project located in Sohar, Oman. The contract covers Engineering, Procurement and Construction (EPC) of a natural gas liquefaction train with an LNG production capacity of 1 Mtpa. |
22 Apr 24 |
Brazil: Seacrest Petroleo announces first quarter 2024 production and offtake update Seacrest Petroleo’s net production of oil and natural gas averaged 8,377 boepd in Q1 2024, 2% higher than the production in the Q4 of 2023, and 3.6 times the production in the Q1 of 2023. Production from the first two infill wells drilled at the Inhambu field has commenced. The Company is in the process of analysing the stabilised production performance and will apply the info to future wells as part of its 300-well infill drilling program, the largest such project onshore Brazil. |
22 Apr 24 |
Norway: Equinor completes an appraisal well (7324/7-4) on the Wisting discovery in the Barents Sea Equinor has completed an appraisal well (7324/7-4) on the Wisting discovery in the Barents Sea. The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery. |
22 Apr 24 |
Rystad Energy’s energy supply chain report shows potential prize for the UK A new report published by independent research and business intelligence company, Rystad Energy shows the oil and gas sector’s supply chain possesses between 60 to 80% of the capabilities required to develop the UK’s low carbon energies, but targeted investment is vital to capture the potential of an estimated £150 billion opportunity. The research commissioned by OEUK is in a new report called ‘UK oil and gas supply chain and opportunities in the energy transition’. |
22 Apr 24 |
Oman: TotalEnergies launches the Marsa LNG project and deploys its multi-energy strategy in the Sultanate of Oman TotalEnergies and the Oman National Oil Company have announced the Final Investment Decision (FID) of the Marsa LNG project. TotalEnergies had signed a Sale and Purchase Agreement (SPA) with Oman LNG to offtake 0.8 Mtpa of LNG for ten years from 2025, making the Company one of the main offtakers of Oman LNG's production. |
22 Apr 24 |
Ireland: Europa Oil & Gas announces results of an updated Irish Licence Emissions Report Europa Oil & Gas has announced that it has published on the Company's website a third-party report that details the results of an updated study which calculated the expected emissions associated with the development of a future 1 TCF indigenous gas discovery on Europa's Irish offshore licence FEL 4/19. |
22 Apr 24 |
UK: Union Jack Oil announces Board changes Union Jack Oil, a UK and USA focused onshore hydrocarbon production, development and exploration company, has announced the appointment of Craig Howie as an independent Non-Executive Director with effect from 22 April 2024. |
22 Apr 24 |
Norway: AkerBP starts production at Hanz in the North Sea Aker BP has announced that production has started from Hanz in the North Sea. Hanz is operated by Aker BP, with Equinor and Sval Energy as partners. Hanz is a subsea field development tied into the Ivar Aasen platform about 15 kms further south. |
22 Apr 24 |
SLB announces first-quarter 2024 results SLB has announced results for the first-quarter 2024. Revenue of $8.71 billion increased 13% year on year. Adjusted EBITDA of $2.06 billion increased 15% year on year. |
22 Apr 24 |
Namibia: Galp provides update on Namibia exploration Galp (80%, operator), together with its partners NAMCOR and Custos, has successfully completed the first phase of the Mopane exploration campaign with the conclusion of the Mopane-1X Well Testing operations. In the Mopane complex alone and, before drilling additional exploration and appraisal wells, hydrocarbon in-place estimates are 10 billion barrels of oil equivalent, or higher. |
22 Apr 24 |
Transocean issues quarterly Fleet Status Report Transocean has issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. |
22 Apr 24 |
Prosafe annouces operational update - April 2024 Prosafe, a leading owner and operator of semi-submersible accommodation vessels, has announced an operational update. Fleet utilization for Q1 2024 was 56 percent. |
22 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. |
22 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. |
22 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. |