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23 Feb 23
Thailand: Jadestone Energy announces completion of Sinphuhorm interest acquisition
Jadestone Energy has completed the previously announced acquisition of a 9.52% non-operated interest in the producing Sinphuhorm gas field and a 27.2% interest in the Dong Mun gas discovery onshore northeast Thailand.
23 Feb 23
Reach Subsea partners with Eidesvik Offshore for ownership and operation of Edda Sun
With reference to the previously communicated plan to bring in a strategic partnership for co-ownership of the ROV support vessel Edda Sun, Reach Subsea has announced a new joint venture with Eidesvik Offshore for the ownership of the vessel.
23 Feb 23
US: TDI-Brooks awarded sixth offshore wind project on the US East Coast
TDI-Brooks last week was awarded geophysical, geotechnical and benthic sampling survey campaigns to study seabed conditions within the project lease area and potential export cable corridors off the US East Coast. The data collected will help determine safe and responsible project design and engineering along with identifying potential geohazards and benthic habitats.
22 Feb 23
National Offshore Petroleum Titles Administrator joins the DANR Hub
he National Offshore Petroleum Titles Administrator (NOPTA), which administers titles and data management for petroleum and greenhouse gas (GHG) titles in Australian Commonwealth waters, has joined the Data as a National Resource (DANR) hub.
22 Feb 23
UK: Rovco completes decommissioning contract with Well-Safe Solutions
Rovco has recently successfully completed a contract awarded by Well-Safe Solutions to support its well plug and abandonment decommissioning operations in the Southern North Sea. This is the second contract that Rovco has secured with Well-Safe Solutions, having previously performed survey work on an abandoned subsea wellhead in UK waters in 2021.
22 Feb 23
Brazil: DOF Subsea announces contract award for RSV Geoholm
DOF has announced a new contract for DOF Subsea Brasil for the charter of the RSV Geoholm. Vessel and ROV will support a large SURF Project in Brazil.
22 Feb 23
Denmark: Copenhagen Infrastructure Partners acquires Envo Biogas project in Denmark
Copenhagen Infrastructure Partners has – through its CI Advanced Bioenergy Fund I (CI ABF I) – acquired the biogas project Envo Biogas in Tønder, Denmark from Anaergia, a company based in Canada that develops large-scale facilities that convert organic waste to renewable fuels and electricity.
22 Feb 23
DOF Subsea announces contract extension for Skandi Africa
DOF Subsea has announced that an option has been exercised for the vessel Skandi Africa. The new commitment will now run until February 2025. Skandi Africa is a high-end subsea vessel designed for harsh environment and deepwater subsea construction and flexlay operations.
22 Feb 23
CapeOmega and Neptune Energy announce NoordKaap, a cross-border CO2 transport and storage development
CapeOmega and Neptune Energy have announced NoordKaap, a project concept for a cross-border CO2 storage solution for industrial emitters across Europe. NoordKaap would involve transporting CO2 via vessels suitable for directly injecting the CO2 at offshore locations and for terminal offloading.
22 Feb 23
Australia: Carnarvon Energy announces partial divestment of its Bedout assets
Carnarvon Energy has entered into a binding agreement to divest a 10% interest in its Bedout assets to OPIC Australia, a wholly owned subsidiary of CPC Corporation, Taiwan’s national oil and gas company.
22 Feb 23
US: INEOS makes major USD 1.4 billion acquisition of US onshore oil and gas assets
INEOS Energy is entering US oil and gas production for the first time with the acquisition of a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for $1.4 billion.
22 Feb 23
Namibia: Impact Oil & Gas to commence a multi-well appraisal and exploration drilling programme offshore Namibia
Impact Oil & Gas has announced the imminent commencement of a multi-well drilling programme in Namibia, following the Venus light oil discovery in Block 2913B (PEL 56).
22 Feb 23
Colombia/Ecuador: Gran Tierra Energy announces 2022 Q4 and year-end results
Gran Tierra Energy has announced the Company's financial and operating results for the fourth quarter and year ended December 31, 2022.
22 Feb 23
PetroNor E&P announces interim financial report for the half-year ended 31 December 2022
Half-year revenue of USD 108.5 million, compared to USD 58.3 million in the same period of 2021, was generated as a result of higher oil prices combined with more volumes sold. At the entry of 2023, added production capacity from the ongoing infill drilling programme has resulted in achieving production levels not seen for over a decade.
22 Feb 23
Panoro Energy announces Q4 2022 trading and financial update
Panoro Energy has announced record full-year financial performance in 2022 with revenue up 58 percent year-on-year at USD 188.6 million and EBITDA up 78 percent year-on-year to USD 126.6 million.
21 Feb 23
Santos announces 2022 full-year results
Santos has announced its full-year results for 2022, reporting record free cash flow of US$3.6 billion and underlying profit of US$2.5 billion. The results reflect significantly higher oil and LNG prices compared to the corresponding period due to stronger global energy demand combined with a higher interest in PNG LNG following the Oil Search merger.
21 Feb 23
Australia: Vintage Energy achieves first gas from the Vali gas field
Vintage Energy, 50% interest holder and Operator of the ATP 2021 Joint Venture, advises gas supply from the Vali gas field commenced Tuesday 21 February 2023. Vali is supplying gas to eastern Australia under a long-term gas supply agreement with AGL Energy.
21 Feb 23
US: TGS licenses recently-enhanced carbon storage prospecting platform to major energy company
TGS has licensed its Carbon AXIOM platform and associated well data products to a major energy company for carbon capture utilization and storage. Carbon AXIOM now includes a detailed analysis of saline aquifer potential offshore Galveston, Texas.
21 Feb 23
Germany: The Nordex Group starts series production of turbines in the 6-MW class
Just seven months after the installation of the first two prototypes of the Nordex Group’s most powerful large turbine to date, the N163/6.X turbines in the 6-MW class are now being produced in series in the Company's German production plant.
21 Feb 23
Iraq: Crescent Petroleum signs three contracts to develop oil and gas fields in Diyala and Basra
Crescent Petroleum has signed three twenty-year agreements with Iraq's Ministry of Oil to appraise, develop and produce oil and gas from two blocks in Diyala governorate and one on Basra governorate. The contracts follow Crescent Petroleum's successful award in the Oil Ministry's Fifth Bid Round.
21 Feb 23
South Africa: Sasol launches venture capital fund to advance decarbonisation ambitions
Sasol has announced that it has established Sasol Ventures to advance Sasol’s decarbonisation and 2050 net zero ambitions through venture capital. It will invest €50 million over the next five years, making it the largest chemicals and industry venture capital fund in South Africa.
21 Feb 23
Norway's oil production in January lower than the NPD’s forecast
Preliminary production figures for January 2023 show an average daily production of 1,979,000 barrels of oil, NGL and condensate. Oil production in January is 3.0 percent lower than the NPD’s forecast.
21 Feb 23
Shell completes acquisition of renewable natural gas producer Nature Energy
Shell has completed the acquisition of renewable natural gas producer Nature Energy, the largest producer of renewable natural gas (RNG) in Europe.
21 Feb 23
DNV to launch phase 2 of offshore hydrogen pipelines Joint Industry Project
DNV, the global independent energy expert and assurance provider, is launching the second phase of H2Pipe, a joint industry project (JIP) aiming to develop a new code for the design, re-qualification, construction and operation of offshore pipelines to transport hydrogen – either pure or blended with natural gas.
21 Feb 23
Bahamas: Equinor sells its oil terminal in the Bahamas
Equinor has entered into an agreement with Liwathon for the sale of the Equinor South Riding Point oil terminal at the Grand Bahama Island in the Bahamas. The terminal was purchased by Equinor in 2009 to enable the company to trade oil primarily originating from the American markets.
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