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01 Feb 24
Siem Offshore awarded contract for the OSCV Siem Spearfish
Siem Offshore has entered into a one-year firm contract plus one year option for the OSCV Siem Spearfish with PXGEO. The vessel will be engaged within the marine geophysical segment and support charterer's operations world-wide.
01 Feb 24
Qatar: McDermott secures two EPCIC contracts for North Oil Company's Ruya Development Project
McDermott has been awarded two contracts from North Oil Company (NOC) to deliver engineering, procurement, construction, installation and commissioning (EPCIC) for packages 11 and 13 of the Ruya Development Project, as part of the expansion of the Al-Shaheen field, Qatar's largest oil field.
01 Feb 24
UK: PGS data available for UK 33rd Round Tranche 2 awards
PGS data covers 21 of 24 areas offered for award in Tranche 2 of the UK 33rd Round, as announced by the NSTA. The new licenses comprise 74 blocks or part blocks in the West of Shetlands, Northern North Sea and Central North Sea.
01 Feb 24
UK: Technip Energies selected by Harbour Energy to provide the FEED of the new Viking CCS project in the UK
Technip Energies has been awarded a Front-End Engineering Design (FEED) contract for the Viking CCS project, the Humber-based CO2 transportation and storage network led by Harbour Energy, together with partner bp.
01 Feb 24
North Star breaks into European offshore wind market with newbuild ship bound for EnBW’s He Dreiht wind farm
North Star has secured a contract with energy utility giant EnBW to deliver a new hybrid-electric service operations vessel (SOV) on a decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany. The agreement marks the firm’s first offshore wind win outside the UK market, a milestone step in its ambitious European growth strategy to add 40 new SOVs to its fleet by 2040.
01 Feb 24
Hartshead Resources provides quarterly report for the period ended December 2023
The December Quarter was a critical period for the Company. Notably, the completion of the pipeline route survey, which spans the offtake routes for gas production from the Anning and Somerville fields in the UK Southern Gas Basin, being developed by Hartshead and Viaro Energy’s subsidiary RockRose.
01 Feb 24
UK: ASCO awarded emergency response agreement with Petrofac
Global integrated logistics and materials management specialist, ASCO, has been awarded an agreement to support Petrofac’s emergency response provision in the North East of England, providing specialist HR emergency management, including meet and greet capability from the Port of Tyne, in the UK.
01 Feb 24
Oilenco awarded contract to support multi-well P&A campaign
Oilenco, a market leader in creative well intervention and plug and abandonment (P&A) solutions, has been awarded a contract for the provision of engineering and manufacturing services for a major North Sea operator.
01 Feb 24
Volue successfully implements Smart Power software suite at A2A – Life Company
Volue, a leading provider of technologies and services driving the energy transition, is proud to announce the successful implementation of its Smart Power software suite at A2A – Life Company.
01 Feb 24
Trinidad: Trinity Exploration announces 2024 guidance and operational update
Trinity Exploration & Production, the independent E&P company focused on Trinidad and Tobago, has announced updated guidance for 2024 and provided an operational update.
01 Feb 24
South Sudan: Savannah Energy provides South Sudan acquisition update
Further to the Company's announcement on 14 December 2023, Savannah Energy confirms that it remains suspended from trading on AIM whilst it continues to advance the various workstreams, including receipt of in-country approvals, required to complete the acquisition of PETRONAS International's energy business in South Sudan.
01 Feb 24
Norway: Longboat Energy announces completion of farm-down transaction in Norway
Longboat Energy has announced the completion of the farm-down to Concedo of two exploration licenses on the Norwegian Continental Shelf by Longboat JAPEX Norge.
01 Feb 24
Norway: Longboat Energy announces completion of Statfjord Satellites acquisition in Norway
Longboat Energy has announced the completion of the acquisition of a 4.80% unitised interest in the Statfjord Øst Unit and a 4.32% unitised interest in the Sygna Unit (together, the 'Statfjord Satellites') by its Norwegian joint venture Longboat JAPEX Norge.
01 Feb 24
UK: Deltic Energy announces provisional award of UKCS Licences - 33rd Offshore Licensing Round
Deltic Energy, has been provisionally awarded two licences over three part blocks covering approx. 226 km2 by the North Sea Transition Authority ('NSTA') in Tranche 2 of the UK's 33rd Offshore Licensing Round.
01 Feb 24
Shell announces third quarter 2023 results
Shell has released its fourth quarter 2023 results. The Company reports Q4 2023 Adjusted Earnings of $7.3 billion, reflecting robust operational performance and strong LNG trading and optimisation results. CFFO of $12.6 billion for the quarter; total CFFO amounted to $54.2 billion in 2023.
01 Feb 24
Hess reports estimated results for the fourth quarter of 2023
Hess reports net income of $413 million in the fourth quarter of 2023, compared with net income of $497 million in the fourth quarter of 2022. On an adjusted basis, the Corporation reported net income of $501 million in the fourth quarter of 2023, compared with $522 million in the prior-year quarter.
01 Feb 24
Eni completes the acquisition of Neptune Energy
Eni has announced the closing of the acquisition of Neptune Energy. The transaction comprises Neptune’s entire portfolio other than its operations in Norway (purchased at the same time by Vår Energi, listed on the Oslo Stock Exchange and 63% owned by Eni) and Germany (carved out of the transaction).
01 Feb 24
Uzbekistan: Condor signs a production enhancement contract for eight producing gas-condensate fields in the Republic of Uzbekistan
Condor Energies, a Canadian based energy transition company, has entered into a production enhancement contract with the Uzbekistan government to increase the production and overall recovery rates from an integrated cluster of eight conventional natural gas-condensate fields in the country.
01 Feb 24
Malaysia: TotalEnergies signs an agreement for the acquisition of OMV’s upstream gas assets in Malaysia
TotalEnergies has signed an agreement with OMV to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV for a consideration of $903 million.
01 Feb 24
Australia: Santos and Barossa joint venture partners announce Barossa Aboriginal Future Fund
Santos and its joint venture partners in the Barossa Gas Project have announced they will invest up to A$10 million in Northern Territory coastal Aboriginal communities and homelands as the development phase of the project progresses.
01 Feb 24
PNG: Santos announces partial completion of sale of 2.6 per cent of PNG LNG to Kumul
Santos refers to its 29 December 2023 announcement for the sale of 2.6 per cent of PNG LNG to Kumul Petroleum. Santos and Kumul have agreed an amendment to the Sale Agreement where Kumul has taken an effective interest in the Santos entity that holds the 2.6 per cent sale interest. Kumul has paid US$352 million to Santos on 31 January 2024 to allow partial completion of the transaction.
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