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.

Reset

01 Jul 24	US: SM Energy announces highly accretive $2.0 billion Uinta Basin acquisition SM Energy has entered into an agreement to acquire the Uinta Basin oil and gas assets owned by certain entities affiliated with XCL Resources, a private company backed by EnCap Investments and Rice Investment Group, for an unadjusted purchase price of $2.55 billion.
01 Jul 24	Malaysia: PETRONAS awards NBE Cluster PSC to fuel long term energy needs PETRONAS, through Malaysia Petroleum Management (MPM), has signed a Small Field Asset (SFA) Production Sharing Contract (PSC) with Vestigo Petroleum for a Discovered Resource Opportunity (DRO) cluster, which was marketed under the Malaysia Bid Round Plus (MBR+).
01 Jul 24	Norway: Aker BP and partners discover gas in Barents Sea well 7324/8-4 Aker BP and its partners have discovered gas in wildcat well 7324/8-4 (Hassel) in the Barents Sea. This is the second well to be drilled in production licence 1170, which was awarded in APA 2021. Gas was also recently proven in the first well in the production licence, 7324/6-2.
01 Jul 24	UK: SSE and Equinor submit Scoping Report for proposed Dogger Bank D wind farm SSE and Equinor, co-developers of the proposed Dogger Bank D fourth phase of Dogger Bank Wind Farm, have submitted a Scoping Report for the project to The Planning Inspectorate.
01 Jul 24	Global CCUS investment requires US$ 196B through 2034, according to Wood Mackenzie By 2034, global carbon capture capacity will reach 440 Mtpa and storage capacity will reach 664 Mtpa, requiring US$ 196 billion in total investment, according to a recent report from Wood Mackenzie.
01 Jul 24	Australia: Baker Hughes awarded multi-year services frame agreement by Woodside Energy to support Australian LNG operations Baker Hughes has entered into a new 10-year services frame agreement with Woodside Energy to support its LNG operations in Australia.
01 Jul 24	Kimmeridge Texas Gas appoints David Lawler as CEO; Kimmeridge closes follow-on control investment in Commonwalth LNG Kimmeridge, an alternative asset manager focused on the energy sector, has announced that its affiliate, Kimmeridge Texas Gas ('KTG'), has appointed David Lawler as Chief Executive Officer. Mr. Lawler will advance KTG's efforts to become a fully integrated provider of LNG from well-head to water – providing reliable, secure and clean energy to global markets.
01 Jul 24	Saudi Arabia: Lamprell delivers second rig for Saudi Arabian market Lamprell has announced the completion of construction and delivery of the second new build jackup rig to its client, International Maritime Industries (IMI). Following the delivery of KINGDOM 1 in 2023 and a naming ceremony held at Lamprell’s Hamriyah facility in the UAE in May 2024, the rig, KINGDOM 2, has now been formally handed over to its client.
01 Jul 24	US: Biden-Harris administration announces offshore wind lease sale in the Central Atlantic In another step by the Biden-Harris administration to support the growing momentum across America for a clean energy economy, the Department of the Interior has announced it will hold an offshore wind energy lease sale in the Central Atlantic. The areas to be auctioned on August 14, 2024, by the Bureau of Ocean Energy Management could generate up to 6.3 gigawatts of clean, renewable energy and power up to 2.2 million homes
01 Jul 24	Vestas secures several new contracts Vestas has secured a number of new contracts in Argentina, Turkiye, Lithuania, South Africa, Germany, the UK and the USA.
28 Jun 24	China: CNOOC Limited announces Enping 21-4 Oilfield Development Project commences production CNOOC Limited has announced that the Enping 21-4 Oilfield Development Project has commenced production. The project, located in the eastern South China Sea, is expected to achieve a peak production of approx. 5,300 barrels of oil equivalent per day in 2025.
28 Jun 24	Uruguay: PGS has received approval from ANCAP to acquire a large 3D MultiClient survey in Uruguay PGS has received approval from ANCAP to acquire a large 3D MultiClient survey in Uruguay. The new 3D GeoStreamer broadband seismic acquisition will enable a comprehensive assessment of the exploration potential offshore Uruguay.
28 Jun 24	Uzbekistan: Condor initiates multi-well workover campaign in Uzbekistan Condor Energies, a Canadian based energy transition company, has announced the initiation of a multi-well workover campaign for the eight gas-condensate fields it operates in Uzbekistan.
28 Jun 24	Ireland: Lansdowne Oil & Gas provides corporate update Lansdowne Oil & Gas has provided a corporate update following the suspension of the Company's shares from trading on AIM on 21 March 2024.
28 Jun 24	Germany: Beacon Energy announces corporate update AIM-listed Beacon Energy, the full-cycle oil and gas company with a portfolio of onshore German assets through its wholly-owned subsidiary, Rhein Petroleum, has provided a corporate update.
28 Jun 24	UK: Kistos increases Hill Top working gas capacity by 24% Kistos, the low carbon intensity energy producer pursuing a strategy to acquire assets with a role in energy transition, is pleased to announce the positive results of a soft cycling relaxation trial completed at its Hill Top Farm gas storage facility in the UK.
28 Jun 24	Thailand: Valeura Energy announces precautionary suspension of Wassana production Valeura Energy has announced the suspension of production at its 100% owned Wassana field, offshore Gulf of Thailand, following the identification of a crack was within one of the mobile production units steel jack-up legs.
27 Jun 24	Norway: SLB OneSubsea awarded contract by Equinor for groundbreaking all-electric subsea project SLB has announced a contract award from Equinor for the front-end engineering design (FEED) of a 12-well, all-electric Subsea Production Systems (SPS) project in the Fram Sør field, offshore Norway. The project will fast-track wide-scale global adoption of electric subsea technology, setting new standards for increased operator control, subsea operational efficiency and reduced offshore emissions.
27 Jun 24	US: SM Energy announces highly accretive $2.0 billion Uinta Basin acquisition SM Energy has entered into an agreement to acquire the Uinta Basin oil and gas assets owned by certain entities affiliated with XCL Resources for an unadjusted purchase price of $2.55 billion. Concurrently, Northern Oil and Gas will acquire an undivided 20% of the oil and gas assets of XCL for $510 million, resulting in a $2.04 billion purchase price net to the Company for an undivided 80% interest of the assets.
27 Jun 24	UK: Transformational moment for ScottishPower’s East Anglia THREE offshore windfarm The first of four electricity transformers that will convert the clean green energy from the second biggest offshore windfarm in the world for transmission to more than one million homes has made its way to its new home in Suffolk.
27 Jun 24	Namibia: ReconAfrica announces an operations and joint venture update Reconnaissance Energy Africa has announced an operations update with respect to activity relating to Petroleum Exploration Licence 73, onshore northeast Namibia, and a joint venture update. The high impact Naingopo exploration well is expected to spud July 7 2024 and will be followed by the drilling of Prospect P.
27 Jun 24	UK: TotalEnergies sells its interests in West of Shetland gas fields TotalEnergies has signed an agreement to sell to The Prax Group its entire interest in West of Shetland assets in the United Kingdom (Laggan, Tormore, Glenlivet, Edradour and Glendronach fields, the onshore Shetland Gas Plant and nearby exploration licenses).
27 Jun 24	Cuba: Melbana provides Block 9, Alameda-3 appraisal update - Alameda reservoir Melbana has provided an update on the Almeda-3 appraisal well. Both the Marti and Alameda reservoirs failed to flow moveable hydrocarbons. Melbana's immediate plan is to work on the steps required to export production from the Amistad reservoir this year and to develop more appraisal wells in the Amistad reservoir thereafter.
27 Jun 24	US: Nordex Group to restart production in its manufacturing facility in Iowa, US As part of its growth strategy in North America, the Nordex Group is expanding its local production footprint. The company will manufacture nacelles for both the current N163 turbine variant, and a product specifically tailored to the US market, at its production facility in West Branch, Iowa.
27 Jun 24	UK: Serica Energy provides operations and financial update AIM-listed Serica Energy, a British independent upstream oil and gas company with operations in the UK North Sea, has provided an operations and financial update.