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.
26 Jul 24 |
GoM: BOEM announces next steps for offshore wind in Gulf of Mexico The Bureau of Ocean Energy Management (BOEM) has received an unsolicited lease request from Hecate Energy Gulf Wind to acquire commercial wind energy lease(s) on the Outer Continental Shelf (OCS) in the Gulf of Mexico. |
26 Jul 24 |
Australia: Empire Energy signs Gas Sales Agreement with NT Government Empire has been actively pursuing production from the Beetaloo Basin since 2011, with strong support from the NT Government for this objective since 2018. Subject to final approvals, Empire anticipates being the first company to provide gas supply from the Beetaloo, commencing next year. |
26 Jul 24 |
Australia: Seraya portfolio company, Cyan Renewables, acquires Australian vessel operator MMA Offshore Cyan Renewables, Asia’s leading offshore wind services platform based in Singapore, has announced its acquisition of Australian offshore marine services provider MMA Offshore for A$1.1B (US$702M). The transaction marks the region’s largest take-private deal in the offshore wind energy services industry, strengthening Cyan's position in the Asia Pacific (APAC) region. |
26 Jul 24 |
Transocean provides quarterly Fleet Status Report Transocean has issued a quarterly Fleet Status Report. The aggregate incremental backlog is approx. $656 million. As of July 24, 2024, the company’s total backlog is approx. $8.8 billion. |
26 Jul 24 |
Eni announces results for the second quarter and half year 2024 Eni has announced its unaudited consolidated results for the second quarter and first half 2024. Eni reports strong production growth and continued upgrading of the E&P portfolio, and consistent performance and growth of its transition businesses: Plenitude and Enilive. |
26 Jul 24 |
Malaysia: Jadestone Energy announces award of SFA Cluster PSC offshore Peninsular Malaysia Jadestone Energy has announced that, through the Malaysia Bid Round Plus ('MBR+'), it has been awarded a 100% participating interest in a Small Field Asset Production Sharing Contract (the 'SFA Cluster PSC') offshore Peninsular Malaysia. |
26 Jul 24 |
88 Energy provides activities report for the quarter ended 30 June 2024 88 Energy has provided a report for the quarter ended 30 June 2024. The Company has secured Stellar Energy Advisors in London to manage the farm-out process to secure a funding partner ahead of potential drilling of the Tiri-1 well in Project Leonis. |
25 Jul 24 |
Italy: Plenitude completes new 39 MW wind farm in Calabria Plenitude has completed the construction of a new onshore wind farm with a capacity of around 39 MW in Borgia (in the province of Catanzaro), Calabria, Italy. |
25 Jul 24 |
Helmerich & Payne announces agreement to acquire KCA Deutag Helmerich & Payne and KCA Deutag International have announced a definitive agreement under which H&P will acquire KCA Deutag for $1.9725 billion in cash. |
25 Jul 24 |
UK: Partnership with industry will be critical to GB Energy success says OEUK The partnership announced between Great British Energy and the Crown Estate is a logical step on the government’s planned path to net zero. The new government now needs partnerships with industry to put plans into action and kickstart economic growth. The Office for Budgetary Responsibility says net zero will cost the UK 1.4 trillion, with the lion’s share coming from business. |
25 Jul 24 |
UK: OEUK Conference 2024 - New government can help forge homegrown energy future The trade body for the offshore energy industry has today announced speakers for the OEUK Conference 2024, which will focus on the UK’s energy future in the wake of the General Election. |
25 Jul 24 |
Karoon Energy announces 2024 second quarter report Karoon’s 2024 second quarter (NRI) production was 27% lower than the first quarter, primarily due to the three week scheduled maintenance shutdown at Baúna. Nonetheless, revenues increased 8% to US$212.8 million, reflecting the timing of shipments in Brazil as well as higher oil price realisations. |
25 Jul 24 |
Angola: Afentra awarded of KON 19 license onshore Angola Afentra has advised that the formal award of KON 19 has been signed with the Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG). Afentra has been assigned a 45% non-operated interest in KON 19 alongside two local Angolan companies ACREP and Enagol. |
25 Jul 24 |
UK: New Great British Energy partnership launched to turbocharge energy independence The Prime Minister and Energy Secretary today announced a new unprecedented partnership between Great British Energy and The Crown Estate, which has the potential to leverage up to £60 billion of private investment into the UK’s drive for energy independence. Great British Energy will be at the heart of the government’s mission to make Britain a clean energy superpower. |
25 Jul 24 |
Netherlands: TotalEnergies acquires a stake in the OranjeWind offshore wind farm with a view to supplying green hydrogen to its European refineries TotalEnergies has signed agreements with German renewable developer RWE, to acquire a 50% stake in OranjeWind, a 795 MW offshore wind farm under development in the Netherlands. TotalEnergies will dedicate its share of the renewable electricity production from this project to power 350 MW electrolyzer projects. These will produce about 40,000 tons per year of green hydrogen for the decarbonization of TotalEnergies’ refineries in Northern Europe. |
25 Jul 24 |
Australia: Offshore acreage for petroleum exploration and CCS a boost to Australia’s energy security The awarding of new offshore acreage for petroleum exploration and carbon capture and storage (CCS) opportunities provides a much-needed boost to Australia and the region’s long-term gas supply. Australian Energy Producers Chief Executive Samantha McCulloch welcomed Resources Minister Madeleine King’s announcement of three years’ worth of acreage releases. |
25 Jul 24 |
TotalEnergies announces second quarter and first half 2024 results TotalEnergies generated robust financial results in the second quarter, with adjusted net income of $4.7 billion and cash flow of $7.8 billion resulting in first half adjusted net income and cash flow of close to $10 billion and $16 billion, respectively. |
25 Jul 24 |
Spain: Spanish government grants 10-year licence extension on El Romeral production concessions Prospex Energy, the AIM quoted investment company focused on European gas and power projects, has announced that the Spanish regulatory authority has granted a ten-year extension, to July 2034, to the natural gas production concessions owned by Tarba Energía known as El Romeral 1, 2 & 3 from which Tarba generates electricity from its own natural gas production. |
25 Jul 24 |
Malaysia: PETRONAS acquires land for Carbon Capture and Storage hub in Malaysia PETRONAS, through its subsidiary PETRONAS CCS Solutions ('PCCSS'), has signed a land rental agreement with Kuantan Port Consortium to progress plans for its Southern Carbon Capture and Storage (CCS) hub in Pahang, Malaysia. |
25 Jul 24 |
Turkey: Trillion Energy announces SASB flow update Trillion Energy International has provided an update on the flow rates and well perforations at the SASB gas field. |
24 Jul 24 |
Portugal: Iberdrola increases its renewable production in Portugal with two new photovoltaic plants The Montechoro I and II PV plants, located in the Algarve region of southern Portugal, have been completed and now contribute to the country's renewable energy production capacity. With a total installed capacity of 37 megawatts (MW) and a total annual production capacity of 56.84 GWh, the projects were awarded to Iberdrola in an auction in 2019. |
24 Jul 24 |
Nigeria: Eni receives consent from Nigerian Upstream Petroleum Regulatory Commission to the sale of NAOC to OANDO Eni has received formal consent from the Nigerian Upstream Petroleum Regulatory Commission for the sale of NAOC to Oando. This achievement will allow Eni to proceed to the completion of the transaction for the sale of Nigerian Agip Oil Company (NAOC), Eni’s wholly owned subsidiary focusing on onshore oil & gas exploration and production as well as power generation in Nigeria, to Oando. |
24 Jul 24 |
Cote d'Ivoire: FPSO Petrojarl Kong and FSO Yamoussoukro ready to leave for Cote d'Ivoire for phase 2 of Baleine project Eni has announced that the naming ceremony of the Floating Production, Storage and Offloading Unit (FPSO) Petrojarl Kong and the Floating Storage and Offloading Unit (FSO) Yamoussoukro was held today in Dubai. The two vessels will significantly increase production from the Baleine field, located offshore Côte d'Ivoire, the largest discovery ever made in the country. |
24 Jul 24 |
UK: VPI awards Worley an agreement for Humber Zero Carbon Capture project VPI, a leading power company in the UK and Ireland, has awarded Worley an engineering services agreement (ESA) to support the Humber Zero Carbon Capture project. The project is anticipated to be one of the world’s largest carbon capture projects for a combined heat and power plant and is an important milestone for the UK’s transition to a net zero future. |
24 Jul 24 |
Proserv completes sponsor-backed MBO and announces employee ownership scheme Aberdeen/UK-headquartered Proserv has successfully completed a sponsor-backed management buyout (MBO), and is introducing an employee ownership scheme, marking a significant milestone in the company’s 60-year history. |