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21 Jan 25
US: API applauds President Trump’s Day One energy executive orders
American Petroleum Institute (API) President and CEO Mike Sommers issued a statement in response to President Trump’s Day One executive orders to unleash American energy.
21 Jan 25
India: YPF signs Memorandum of Understanding for LNG export to India
YPF has signed a Memorandum of Understanding (MOU) with India's Oil and Natural Gas Corporation (OIL), Gas Authority of India Limited (GAIL), and Oil and Natural Gas Corporation Videsh (OVL) for the export of LNG with an estimated target of up to 10 million tons per year.
21 Jan 25
DeepOcean’s subsea services offering reinforced by vessel capacity extensions
Ocean services provider DeepOcean strengthens its subsea offering following the extension of its charter agreements with Østensjø Rederi for three vessels. DeepOcean’s most advanced subsea vessel, Edda Freya, will remain part of the fleet through 2026, with additional options available.
21 Jan 25
Mauritania/Senegal: FLNG Gimi received first gas from the Greater Tortue Ahmeyim field
Golar LNG has announced that on January 18, 2025, FLNG Gimi received feed gas from the bp operated FPSO on the Greater Tortue Ahmeyim ('GTA') project offshore Mauritania and Senegal. Full commissioning of the FLNG has now commenced.
21 Jan 25
Brazil: TGS launches advanced imaging centers to enhance Brazil's offshore energy exploration
TGS, a leading global provider of energy data and intelligence, has announced the launch of advanced imaging centers for Petrobras, Brazil’s energy powerhouse, dedicated to Ocean Bottom Node (OBN) and 4D imaging for the Campos and Santos basins.
21 Jan 25
Denmark: Copenhagen Infrastructure Partners and Vestforbrænding to partner up on Carbon Capture and Storage
The two companies have formed a partnership to jointly develop, build, and operate a carbon capture facility outside of Copenhagen in Denmark. The facility is expected to capture 500,000 tonnes of CO2 annually.
21 Jan 25
UAE: Masdar announces preferred contractors and suppliers for World's first 24/7 Solar PV and Battery Storage Gigascale Project
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader, has announced preferred suppliers and contractors to support the development of the world’s first large-scale ‘round the clock’ gigascale project, which will combine solar photovoltaic (PV) power and battery storage to deliver uninterrupted renewable energy.
21 Jan 25
Trinidad: Predator Oil & Gas Holdings acquires majority shareholding in Caribbean Rex
Predator Oil & Gas Holdings has announced the completion of a strategic investment to acquire 51% of the issued share capital of Caribbean Rex Ltd (CRL). CRL'S sole asset is a 100% interest in and operatorship of the Bonasse Field in the SW Peninsular, Trinidad.
21 Jan 25
UK: Serica Energy provides trading and operations update
AIM-listed Serica Energy has issued a trading and operations update in respect of the year ending 31 December 2024.
21 Jan 25
US: Nostra Terra Oil and Gas provides production and operations update
AIM-listed Nostra Terra, an international oil and gas exploration and production company focused on its Pine Mills producing asset in Texas, USA, has provided an update. Company total oil production is currently averaging approx. 120 bopd net.
21 Jan 25
VAALCO Energy announces record production and sales volumes for 2024
VAALCO Energy has provided an operational update that includes record production and sales volumes for 2024.
21 Jan 25
IEA: Global gas balance set to remain fragile in 2025 as growing demand meets tight supply
Global natural gas markets are set to remain tight in 2025 as demand continues to rise and supply expands more slowly than before the pandemic and energy crisis, according to the IEA’s latest quarterly Gas Market Report.
21 Jan 25
Australia: Carnarvon provides Dorado project update
Carnarvon Energy has provided an update on the Dorado Phase 1 liquids development, offshore Western Australia, and the greater Bedout permits. The Joint Venture is currently reviewing the timeline for the project.
20 Jan 25
US: Ørsted announces impairments relating to US interest rate increases, value of seabed leases, and execution of Sunrise Wind
Ørsted presents an operating profit (EBITDA) for 2024 based on preliminary and unaudited reporting. EBITDA excluding new partnership agreements and cancellation fees is expected to total DKK 24.8 billion in 2024, in line with the latest guidance. The operational earnings from Offshore and Onshore were the main contributors and delivered in line with expectations.
20 Jan 25
Germany: Nordex Group delivers more than 30% of the expansion of onshore wind energy in Germany in 2024
In 2024, the Nordex Group supplied 32% of newly-connected onshore wind power in Germany. According to the German Onshore Wind Energy Agency (Fachagentur Windenergie an Land), Nordex is the leading manufacturer in the market master data register, with 196 installed and commissioned turbines
20 Jan 25
Australia: Comet Ridge announces start-up of Mahalo East Pilot Production Scheme
Comet Ridge has advised that the Mahalo East Pilot Production Scheme started-up late last week. The Mahalo East 1 (ME1) vertical and the Mahalo East 2 (ME2) lateral wells were successfully drilled in October and November last year, with the with the support of the Queensland Government’s Frontier Gas Exploration Grants Program, under which Comet Ridge received a $5 million funding allocation.
20 Jan 25
Romania: Scatec signs 15-year CfD contract for Romanian solar portfolio
Scatec, a leading renewable energy solutions provider, has signed a 15-year Contract-for-Difference (CfD) with Opcom, the Romanian electricity market operator.
20 Jan 25
Prosafe announces operational update - December 2024
Prosafe, a leading owner and operator of semi-submersible accommodation vessels, has announced an operational update. Fleet utilisation for Q4 2024 was 57 per cent.
20 Jan 25
Norway: Aker Solutions secures contract with Statkraft for new Svean hydropower plant
Aker Solutions has secured a contract with Statkraft to supply all electromechanical equipment for the new Svean hydropower plant, located near Trondheim. The contract is an important step in the modernization and efficiency improvement of the plant.
20 Jan 25
Colombia/Argentina: Interoil announces production report for November and December 2024
Interoil has announced November and December production figures for its assets in Colombia and Argentina. Interoil’s daily average total operated production in December reached an equivalent production of 2,502 boepd, expressing a significant improvement of 608 boepd from the previous month.
20 Jan 25
Morocco: Predator announces commencement of civil engineering works at MOU-5 drill site
Predator Oil & Gas Holdings has announced that civil engineering work, to improve access roads and prepare the MOU-5 well pad, has commenced on its Guercif licence onshore Morocco at the MOU-5 drill site.
20 Jan 25
Jadestone Energy reports record monthly, year-end exit rate and annual production in 2024
AIM-listed Jadestone Energy, an independent upstream production and development company focused on the Asia-Pacific region, has announced that Group production exited 2024 at c.24,000 boe/d, a monthly record for the Group and an increase of c.40% compared to January 2024.
20 Jan 25
Getech announces trading update
AIM-listed Getech, a world-leading locator of subsurface resources, has provided a trading update for the financial year ended 31 December 2024. The Company expects to report a 17% increase in revenues to £4.7m (2023: £4.0m). The rise in sales came from the retained client base and new services income from the growing portfolio of work supporting sub-surface exploration for materials connected to the Energy Transition such as natural or white hydrogen, battery materials or geothermal sources of energy.
20 Jan 25
US: Zephyr Energy commences drilling operations at the State 36-2 LNW-CC-R well
Zephyr Energy has confirmed that operations to drill the extended lateral on the State 36-2 LNW-CC-R well have commenced. Results from the production test on the well will be available by the end of March 2025.
20 Jan 25
Australia: Wood wins significant new maintenance contract with Esso Australia
Wood has been awarded a significant new contract to provide long-term maintenance solutions for onshore and offshore assets in the Gippsland Basin, Victoria, operated by Esso Australia.
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