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01 Mar 23
UAE: TotalEnergies acquires CEPSA’s upstream assets in Abu Dhabi
TotalEnergies has signed an agreement with CEPSA to acquire CEPSA’s upstream assets in the United Arab Emirates
01 Mar 23
Germany: Vestas selected as preferred supplier for the 1.6 GW Nordseecluster wind project in Germany
Vestas has been appointed as the preferred wind turbine supplier for the up to 1.6 GW Nordseecluster wind project in Germany, a joint venture between RWE and Northland Power. The cluster consists of four offshore wind project sites in the German North Sea, North of the island of Juist.
01 Mar 23
US: Baytex to acquire Eagle Ford operator Ranger Oil
Baytex Energy has entered into a definitive agreement to acquire Ranger Oil, a pure play Eagle Ford company. The total consideration to be paid by Baytex, including assumption of net debt, is approx. US$2.5 billion (C$3.4 billion).
01 Mar 23
UK: Equinor nears deal to buy Suncor's UK oilfields
Equinor is reported to be close to reaching a deal to buy Suncor Energy’s British North Sea oil and gas assets for around $1 billion. The deal includes Suncor’s 40% stake in the Equinor-operated offshore Rosebank oil and gas project, located northwest of the Shetland Islands.
01 Mar 23
Talos Energy announces Q4 and full year 2022 results and announces major CCS acreage expansion in Southeast Texas
Talos Energy has announced its operational and financial results for the three and twelve months ended December 31, 2022. The Company also announced its participation in a major onshore CO2 sequestration leasehold in southeast Texas.
01 Mar 23
US: Shell completes sale of interest in Aera Energy to IKAV
Shell Offshore Inc, a subsidiary of Shell, has completed the previously announced sale of its 100% interest in Shell Onshore Ventures which holds a 51.8% membership interest in Aera Energy to IKAV.
01 Mar 23
Cote d'Ivoire: Saipem awarded drilling contract in Ivory Coast worth 400 million USD
Saipem has been awarded by the Joint Venture Eni Côte d'Ivoire and Petroci a drilling contract offshore the Ivory Coast worth 400 million USD. The contract includes the use of the seventh-generation drillship named Deep Value Driller.
01 Mar 23
Sweden/Finland: Nordex Group receives orders from wpd for 109 MW in Sweden and Finland
The Nordex Group has received two orders for a total of 109.3 MW in Sweden and Finland from its regular customer wpd. The Nordex Group is supplying ten N163/6.X turbines for the Tomasliden wind farm in Sweden. For the Finnish 'Oulainen' project wpd placed an order with the Nordex Group for the delivery of seven N163/5.X turbines.
01 Mar 23
Brazil: Maha Energy completes the sale of Maha Energy Brasil to PetroReconcavo
Maha Energy has completed the sale of its Brazilian subsidiary to PetroRecôncavo after fulfilling all precedent conditions. The total acquisition consideration is up to USD 186.9 million.
01 Mar 23
South Korea: Vestas selected as preferred supplier for the 600 MW Wando Geumil offshore wind project in South Korea
The offshore wind industry continues to grow in Asia Pacific and to underline Vestas’ key role in the expansion of offshore wind in the region, Vestas is proud to announce the signing of preferred supplier agreement with Korea South-East Power Company (KOEN) for the 600 MW Wando Geumil offshore wind project in Wando-Gun, South Jeolla Province, South Korea.
01 Mar 23
bp pulse and APCOA to build EV hubs across Europe
bp pulse, one of the leading rapid and ultra-fast public EV charging networks in the UK and APCOA Parking Group, the UK’s leading provider of tailored parking solutions with an established presence in Europe, have signed a strategic pan-European frame agreement to open more than 100 EV fast charging hubs across Europe.
01 Mar 23
Neptune Energy signs up to Extractive Industries Transparency Initiative
Neptune Energy has signed up to the Extractive Industries Transparency Initiative (EITI), which is designed to improve accountability for the revenues paid and received for a country’s oil, gas and mineral resources. By endorsing the initiative, companies commit to transparently reporting information about their operations in EITI-supporting countries, helping inform policymakers and raising governance standards.
01 Mar 23
Norway: Equinor strengthens its position in the northern North Sea
Equinor has signed an agreement to acquire equity interest in five discoveries in the Troll, Fram and Kvitebjørn area in the North Sea on the Norwegian continental shelf (NCS) from Wellesley Petroleum.
01 Mar 23
Algeria: Eni achieves the closing for the acquisition of BP’s business in Algeria, operating two major gas fields
Eni has achieved the closing for the acquisition of BP business in Algeria, regarding the two gas-producing concessions 'In Amenas' and 'In Salah', which are jointly operated with Sonatrach and Equinor.
01 Mar 23
SDX Energy announces operational and corporate update
AIM-listed SDX Energy has provided an operational and corporate update regarding its activity in Egypt and Morocco.
01 Mar 23
Turkey: UK Oil & Gas provides update on Pinarova-1 well
UK Oil & Gas (UKOG) has announced that the Resan JV has secured a rig to drill the new Pinarova-1 shallow oil exploration well in Turkey. The well is designed to test the shallow Eocene Hoya light oil prospect. Pinarova lies beneath an active light oil seep found last summer in a seismic shot hole, 6 km north of the Company's Basur-1 oil discovery.
01 Mar 23
Morocco: Genel Energy signs Petroleum Agreement for the Lagzira block
Genel Energy has announced that a Petroleum Agreement and Association Contract has now been signed with the Office National des Hydrocarbures et des Mines (‘ONHYM’) regarding the Lagzira block (formerly Sidi Moussa). Genel has launched a process to find a partner to take a material equity position and jointly pursue the exploration programme in the block.
01 Mar 23
Australia: Construction begins on Glenrowan Solar Farm
Construction has begun on the Glenrowan Solar Farm, which will generate enough energy to power around 45,000 Australian homes thanks to the Andrews Labor Government’s nation-leading renewable energy targets.
01 Mar 23
Angola: Azule Energy signs main contracts for the 'Agogo integrated west hub development project' in Block 15/06 offshore Angola
Azule Energy, via its wholly owned subsidiary Eni Angola, together with its Partners in the Block 15/06, Sonangol P&P and SSI Fifteen, are pleased to announce the award of the main contracts for the development of the Agogo Integrated West Hub Development Project, one of the major upstream projects being developed in the coming years in Angola.
01 Mar 23
Mongolia: Elixir Energy's CBM pilot project passes another key milestone
Elixir Energy has provided an update on the extended pilot production project underway in its 100% owned Nomgon IX Coal Bed Methane (CBM) Production Sharing Contract (PSC) in the South Gobi Basin, Mongolia.
01 Mar 23
Mongolia: Jade Gas drilling program focused on increasing resources
Jade Gas has confirmed the commencement of its CY2023 exploration program, which is initially targeting natural gas from three coal seams of interest in the northern extension of the Red Lake area within its TTCBM Project permit, in the south Gobi region of Mongolia.
28 Feb 23
Spain: bp launches plans for low-carbon green hydrogen cluster in Spain’s Valencia region
bp has launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery. Led by bp, this public-private collaborative initiative is intended to be based around the phased development of up to 2GW of electrolysis capacity by 2030 for producing green hydrogen at bp’s refinery.
28 Feb 23
Angola: Baker Hughes awarded major subsea contract with Azule Energy for Agogo oil field offshore Angola
Baker Hughes has been awarded a major contract to provide subsea equipment and services by Azule Energy for work in the Agogo oilfield, offshore Angola. This award represents the first major new greenfield project awarded in offshore Angola in more than five years.
28 Feb 23
Chevron announces lower carbon LNG fleet modification project with Sembcorp Marine
Chevron, through its subsidiary Chevron Shipping Company, has announced entrance into an agreement with Sembcorp Marine, intending to reduce the carbon intensity of their LNG fleet operations. Under the agreement, with Sembcorp Marine’s support, Chevron will install new technologies aboard Chevron vessels to support their energy transition goals.
28 Feb 23
Lithuania: Enefit Green awards Nordex Group order for 80 MW in Lithuania
The Nordex Group has received a further order from Enefit Green, one of the leading producers of renewable energy in the Baltic region, for a wind farm in the Baltic states. The company is to supply 14 N163/5.X turbines for the 80 MW Kelme I wind farm in Lithuania.
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