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28 Feb 23
Statistical Review of World Energy to pass to new home at the Energy Institute
The new custodian of the Statistical Review of World Energy is to be the Energy Institute, the chartered professional membership body for people who work in energy, it was announced today, as International Energy Week opened in London.
28 Feb 23
Ghana: Lukoil reported to be in talks to sell stake in Ghana's Pecan field
Lukoil is reported to be in talks with Indian companies to sell its stake in the Pecan oil field off Ghana, which could help to break an impasse in submitting development plans for the field.
28 Feb 23
OMV decides to initiate sales process to divest its E&P assets in the Asia-Pacific region
OMV has decided to explore the possibilities of selling the E&P assets in the Asia-Pacific region and to initiate the related sales process for the potential divestment of its 50% stake in the issued share capital of SapuraOMV Upstream in Malaysia and 100% of the shares in OMV New Zealand.
28 Feb 23
US: 88 Energy receives approval for formation of the Toolik River Unit over Project Phoenix Acreage
88 Energy reports that the Alaskan Department of Natural Resources (DNR), Oil and Gas Division, has approved the formation of the Toolik River Unit over the western and central Project Phoenix lease area. Approval of the Toolik River Unit and plan of exploration will enable the JV to assess the potential commercialisation of the acreage and a pathway to development and production.
28 Feb 23
Angola: Aker Solutions wins umbilicals contract for the Agogo field development offshore Angola
Aker Solutions has been awarded a sizeable contract by Eni Angola to provide the dynamic and static subsea umbilicals for the Agogo field development located offshore Angola in the West Hub Area of Block 15/06.
28 Feb 23
Santos has released its Climate Change Report 2023
Santos has released its Climate Change Report 2023.
28 Feb 23
Timor Leste: Baron Oil announces results of CPR on the Chuditch PSC offshore Timor Leste
Baron Oil has announced that a copy of a Competent Person's Report ('CPR') prepared by ERC Equipoise on the offshore Timor-Leste PSC TL-SO-19-16 ('Chuditch PSC') is available on the Company's website.
28 Feb 23
Georgia: Block Energy announces initial results from the WR-B01Za development well
Block Energy, the exploration and production company focused on Georgia, has announced initial results from the WR-B01Za well, part of the initial development phase of the West Rustavi/Krtsanisi Field, the Company's Project I.
28 Feb 23
Egypt: United Oil and Gas provides update on the ASH-8 development well
AIM-listed United Oil & Gas has announced an update on the drilling of the ASH-8 development well in the Abu Sennan licence, onshore Egypt. The well encountered 22 metres of net oil pay in the primary reservoir target. Following completion and testing, ASH-8 is expected to be immediately brought onstream through the existing ASH facilities.
28 Feb 23
BW Energy announces fourth quarter and full year results 2022
BW Energy has announced its fourth quarter and full year results 2022. EBITDA for the fourth quarter of 2022 was USD 21.8 million, down from USD 61.5 million in the third quarter of 2022, mainly due to a decrease in the realised oil price. Hibiscus / Ruche development offshore Gabon on track for first oil in late Q1 2023.
28 Feb 23
GoM: TGS and SLB announce Engagement III in the U.S. Gulf of Mexico
TGS and SLB have announced the Engagement III ultra-long offset ocean-bottom node (OBN) acquisition in Green Canyon, U.S. Gulf of Mexico.
27 Feb 23
Occidental announces Q4 2022 results
Oil and gas pre-tax income on continuing operations for the fourth quarter was $2.5 billion, compared to pre-tax income of $3.3 billion for the third quarter of 2022. The fourth quarter results included $46 million of gains on sales of assets.
27 Feb 23
Shell and Hapag-Lloyd collaborate on marine fuel decarbonisation and sign multi-year LNG supply agreement
Shell Western LNG and Hapag-Lloyd have announced the signing of a multi-year agreement for the supply of liquefied natural gas (LNG) to Hapag-Lloyd’s ultra large dual-fuel container vessels of 23,500+ twenty-foot equivalent units (TEU).
27 Feb 23
UK/India: Essar launches EET to invest USD 3.6 billion in energy transition in the UK and India
Essar Group, invested in Energy, Metals and Mining, Infrastructure and Technology sectors, has announced the formation of Essar Energy Transition ('EET') to drive the creation of the UK’s leading energy transition hub in North West England.
27 Feb 23
Spain: Sonnedix signs 11-year power purchase agreement (PPA) for a 50MW Spanish solar PV plant
Sonnedix, the international renewable energy producer, has signed an eleven-year renewable energy power purchase agreement (PPA) with one of the main energy groups in Europe.
27 Feb 23
Norway: Thunberg, Indigenous protesters block Norway energy ministry over wind farms
Environmental campaigner Greta Thunberg and hundreds of other activists on Monday blocked entrances to Norway's energy ministry, protesting against wind turbines built on land traditionally used by Indigenous Sami reindeer herders.
27 Feb 23
Norway: Sval, Storegga and Neptune apply for CO2 storage license in the North Sea
Sval, Storegga and Neptune Energy have applied for a CO2 storage license in the Norwegian North Sea. The project, called Trudvang, has the potential to store up to 225 million tonnes of CO2.
27 Feb 23
Mauritania/Senegal: bp and partners progress concept for Greater Tortue Ahmeyim (GTA) Phase 2 to next phase of evaluation
bp and partners have confirmed the development concept for the second phase of the bp-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project that they will take forward to the next stage of evaluation.
27 Feb 23
Nigeria: San Leon Energy comments on press speculation regarding OML 18
San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has commented on the recent speculation in the Nigerian press about the operation of the Oil Mining License (OML) 18.
27 Feb 23
Canada/UK: i3 Energy provides Q4 2022 operational and financial update
i3 Energy, an independent oil and gas company with assets and operations in the UK and Canada, has announced a Q4 2022 operational and financial update.
27 Feb 23
Eco (Atlantic) announces unaudited results for the three and nine months ended 31 December 2023
Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has announced its results for the three and nine months ended 31 December 2022, and has provided a corporate and operational update.
27 Feb 23
Capricorn provides operational, trading and business update
Ahead of announcing its preliminary results for the year to 31 December 2022 on 27 April 2023, Capricorn has provided an update on its operations and trading performance. As announced on 1st February the new Board has now commenced its strategic review of Capricorn’s business.
27 Feb 23
Kosmos Energy announces fourth quarter and full year 2022 results
Kosmos Energy has announced its financial and operating results for the fourth quarter of 2022. For the quarter, the Company generated a net loss of $114 million. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income of $111 million.
27 Feb 23
Australia: Jadestone Energy provides an update on the Montara Project offshore Australia
Jadestone Energy has provided an update on the Montara Project offshore Australia. Production restart, which was previously expected by the end of February, has been impacted by severe weather conditions offshore northern Australia.
27 Feb 23
Trinidad: Touchstone provides update on Cascadura facility
Touchstone Exploration has been notified by The National Gas Company of Trinidad and Tobago that they expect to be ready to receive first gas from the Cascadura natural gas and associated liquids facility on or about June 30, 2023.
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