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05 Jan 23
US: Pantheon Resources provides update on Alkaid-2 well
Pantheon Resources has provided an operational update on the Alkaid-2 well, the Company's first horizontal well on the Alaska North Slope. Despite being partially blocked with approx. 1,000 feet of frac sand, the Alkaid-2 well is flowing naturally into Pantheon's recently commissioned permanent production facilities at a rate of over 500 bpd of hydrocarbon liquids, as well as significant natural gas, from an estimated 4,000 ft of lateral.
05 Jan 23
UAE: ADNOC allocates USD 15 billion to low-carbon solutions
ADNOC has announced a bold new strategy to progress the world-scale decarbonization of its operations. $15 billion has been earmarked for landmark decarbonization projects by 2030 including carbon capture, electrification, new CO2 absorption technology and enhanced investments in hydrogen and renewables.
05 Jan 23
Australia: Neoen completes financing for the first 209 MW of its Goyder wind farm in South Australia 
Neoen, one of the world’s leading producers of exclusively renewable energy, completed financial close in December 2022 on the first 209 MW of its 412 MW Goyder South Stage 1 wind farm located near Burra, in the Mid North region of South Australia. 
05 Jan 23
Equinor and German energy major RWE to cooperate on energy security and decarbonization
Equinor and RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen. The partners aim to replace coal fired power plants with hydrogen-ready gas fired power plants in Germany, and to build production of low carbon and renewable hydrogen in Norway that will be exported through pipeline to Germany.
05 Jan 23
Kuwait: Technip Energies awarded a large Project Management Consultancy contract by Kuwait Oil Company
Technip Energies has been awarded a large contract for Project Management Consultancy by Kuwait Oil Company. The five-year framework agreement contract covers front-end engineering design (FEED), project management, and associated services for KOC’s major projects.
05 Jan 23
US: Tokyo Gas unit nears USD 4.6 billion deal to buy U.S. natgas producer
A unit of Tokyo Gas is in advanced talks to buy U.S. natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for about $4.6 billion.
05 Jan 23
Norway: Odfjell Drilling announces new contract win for Deepsea Yantai
Odfjell Drilling has announced that on behalf of CIMC OFFSHORE, the Company has agreed a contract with PGNiG Upstream Norway for the use of the drilling rig Deepsea Yantai. The contract includes the drilling of one firm well, 'Tomcat', in PL 1055 in the Norwegian Sea, with the option to drill two further wells in 2024.
05 Jan 23
Transocean announces contract awards and extensions totaling USD 488 million
Transocean has announced contract awards or extensions for five of its drilling rigs. Together, the fixtures represent approx. $488 million of firm backlog.
05 Jan 23
Canada: Detailed evaluation to begin on Pathways Alliance proposed carbon storage hub
The Pathways Alliance, representing Canada’s largest oil sands producers, has entered into a Carbon Sequestration Evaluation Agreement with the Government of Alberta. The agreement enables the Alliance to immediately start a detailed evaluation of its proposed geological storage hub which would be one of the world’s largest carbon capture and storage (CCS) projects.
04 Jan 23
UK: Ithaca Energy announces drilling activity update
Ithaca Energy has announced a drilling update for the Isabella and K2 wells in the UK North Sea. The TotalEnergies -operated Isabella well encountered hydrocarbons in Upper Jurassic and Triassic sandstone reservoirs, with 148 feet (or 45 meters) of net thickness. Ithaca Energy and partner Dana Petroleum have made the decision to carry out exploration drilling in Block 22/14c of the Central North Sea – the K2 prospect.
04 Jan 23
Angola: Shelf Drilling announces further contract extension on the Shelf Drilling Tenacious
Shelf Drilling has secured a further 12-month extension on the Shelf Drilling Tenacious jack-up rig in direct continuation of its current contract for drilling operations offshore Angola. The rig is now committed until November 2024.
04 Jan 23
UK: Labour wants Rosebank oil field shut before it even begins production
Labour has urged the UK Business Secretary to shut down the Rosebank oil field off Scotland even before it begins production.
04 Jan 23
UK: New wind energy generation record set for the third time in a year
RenewableUK is highlighting a new wind energy generation record set on Friday 30th December and confirmed by National Grid ESO. National Grid ESO also announced that a new record was set on the same day for the percentage of low-carbon electricity (renewables and nuclear) generated in a half-hour period, which reached 87.2%.
04 Jan 23
Brazil: Shearwater GeoServices announces Petrobras 4D contracts at Jubarte and Tartaruga Verde fields in Campos Basin, Brazil
Shearwater GeoServices has announced the award of two contracts for 4D seismic surveys with Petrobras for the Jubarte and Tartaruga Verde fields in the Campos Basin offshore Brazil.
04 Jan 23
GoM: Talos Energy achieves successful results from Lime Rock and Venice Prospects in the Gulf of Mexico
Talos Energy has announced that the Company's Lime Rock and Venice prospects both successfully discovered commercial quantities of oil and natural gas during sequential drilling operations in Q4 2022. The deepwater discoveries are located near the Company's 100% owned and operated Ram Powell platform, where future production from both wells will flow via subsea tiebacks.
04 Jan 23
Ukraine: Enwell Energy notes new natural resources legislation in Ukraine
AIM-listed Enwell Energy notes that new legislation relating to the natural resources sector has been enacted in Ukraine, which may adversely affect the Company's hydrocarbon extraction licences in Ukraine.
04 Jan 23
Germany: First LNG cargo arrives at Germany’s LNG terminal in Wilhelmshaven
On Jan 3, Uniper brought Germany’s first full cargo of liquefied natural gas (LNG) to the new LNG terminal, operated by Uniper, in Wilhelmshaven. The LNG ship Maria Energy, owned by Tsakos Energy Navigation, a major energy mover, was loaded in Calcasieu Pass, USA, at the liquefaction facility of the LNG supplier Venture Global Calcasieu Pass, LLC, on December 19, 2022.
04 Jan 23
Egypt: United Oil and Gas completes drilling operations on the ASW-1X exploration well
AIM-listed United Oil & Gas has announced the completion of drilling operations on the ASW-1X exploration well in the Abu Sennan licence, onshore Egypt. Although the well encountered net reservoir in the Abu Roash, Bahariya, and Alam El Bueib targets, the logs did not indicate the presence of hydrocarbons.
04 Jan 23
UK: Union Jack Oil reaches USD 12 million net revenues landmark at Wressle
AIM-listed Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company, has announced that material landmark net revenues of US$12,000,000 have been achieved from the Wressle hydrocarbon development, located within licences PEDL180 and PEDL182 in North Lincolnshire on the western margin of the Humber Basin.
04 Jan 23
Brazil: TGS and CGG announce Foz do Amazonas Phase II 3D multi-client survey offshore Brazil
TGS, in partnership with CGG, has announced the second phase of the Foz do Amazonas 3D multi-client survey, located in the offshore Brazil equatorial margin.
04 Jan 23
Malaysia: Baker Hughes to supply key technology for one of the world’s largest offshore CCS facilities
Baker Hughes has been awarded a contract to supply carbon dioxide (CO2) compression equipment to PETRONAS Carigali’s Kasawari offshore carbon capture and sequestration (CCS) project in Sarawak, Malaysia. The project is expected to be the world’s largest offshore CCS facility, with capacity to reduce CO2 emissions by 3.3 million tons per annum (MTPA).
03 Jan 23
UK: Angus Energy reports quarterly Saltfleetby flow rates
Angus Energy has announced that gas volumes produced and sold at Saltfleetby equalled 5.6 million Therms in aggregate for the months of October, November and December combined or 1.87 million Therms per month all in excess of both hedged volumes and predictions made in the Competent Person’s Report of January 2020.
03 Jan 23
Norway: NPD to present The Shelf 2022 on 9 January
On January 9, Acting Director General Torgeir Stordal will present the annual Shelf presentation, wrapping up the past year on the Norwegian shelf, and briefly addressing the years to come.
03 Jan 23
Yemen: Zenith Energy subsidiary signs SPA for acquisition of OMV Yemen
Zenith Energy has announced that a company in which it holds a 49% interest, Zenith Energy Netherlands, has entered into a share purchase agreement ('SPA') with OMV Exploration and Production to acquire 100% of the outstanding share capital of OMV Yemen.
03 Jan 23
Nigeria: San Leon Energy announces further update on the proposed transactions with Midwestern
San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has announced a further update in relation to the Proposed MLPL Reorganisation, details of which were set out in the Company's AIM Admission Document published on 8 July 2022. 
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