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11 Dec 24	UK: Vestas to repurpose Isle of Wight factory, UK, to manufacture onshore blades Since 2002, Vestas’ facilities on the Isle of Wight have played an integral role in the manufacture of turbine blades for offshore wind projects across the world. Following an agreement in principle with the UK Government, Vestas intends to repurpose its Isle of Wight factory to build onshore blades, mainly to support the UK market.
11 Dec 24	Brazil: SLB awarded integrated services contract for all Petrobras’ offshore fields in Brazil Global energy technology company SLB has been awarded, after a competitive tender, a new contract by Petrobras for integrated services across all offshore fields operated by Petrobras in Brazil. SLB will oversee the construction of more than 100 deepwater wells, utilizing advanced drilling, cementing and drilling fluids technologies on up to nine ultra-deepwater rigs.
11 Dec 24	UK: Wood to support completion of landmark Net Zero Teesside project Wood will provide integrated project management services for the next phase of the flagship Net Zero Teesside Power (NZT Power) and Northern Endurance Partnership (NEP) carbon capture and storage projects in the UK. This announcement follows the financial close announcement by NZT Power and NEP on 10th December 2024. When complete, NZT Power will be the world’s first gas-fired power station with carbon capture.
11 Dec 24	Germany: TES accelerates CO2 export terminal at Wilhelmshaven green energy hub ree Energy Solutions ('TES'), a global green energy company leading the way in the production of e-NG (electric natural gas derived from green hydrogen), is advancing its Green Energy Hub in Wilhelmshaven with the development of a liquid CO2 export terminal. Future phases of the hub will introduce an autothermal reformer and a green power producing facility.
11 Dec 24	Oman: Tethys Oil announces production update November 2023 Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman, in November 2024 amounted to 244,545 barrels of oil, corresponding to 8,152 barrels of oil per day.
11 Dec 24	Denmark: Harbour Energy and project partners announce final investment decision (FID) for the Greensand Future CCS project in Denmark Harbour Energy and its project partners have announced a final investment decision (FID) for the Greensand Future carbon capture and storage (CCS) project in Denmark. The project will store carbon dioxide from Danish emitters in a depleted oil field under the Danish North Sea. Harbour holds a 40% non-operated interest, alongside operator INEOS E&P (40%) and Nordsofonden (20%).
11 Dec 24	Saudi Arabia: STATS Group investment in new Saudi base consolidates growth in Middle East pipeline isolation market STATS Group has announced a significant expansion of its operations in the Kingdom of Saudi Arabia, marking a strategic milestone in the company's global growth. With more than $4 million in assets and equipment assigned to Dammam, STATS is now the first Saudi-dedicated hot tap and double-block and bleed isolation specialist and holds the most extensive inventory of large-diameter pipeline isolation equipment in-country.
11 Dec 24	UK: Shell and Greenpeace agree settlement over dangerous and unlawful boarding of vessel Shell UK and Greenpeace have settled a legal dispute over the costs incurred by Shell UK during Greenpeace’s dangerous boarding of a vessel in the Atlantic Ocean. Last year, protestors unlawfully scaled a 72,000 metric ton moving vessel and occupied it for 13 days. Greenpeace has now agreed to make a payment to the Royal National Lifeboat Institution (RNLI).
11 Dec 24	Montenegro: Nordex Group receives its first order from Montenegro for 55 MW The Nordex Group has received its first order from Montenegro. The public utility EPCG – Elektroprivreda Crne Gore has ordered eight N163/6.X turbines. The Delta4000 series turbines are destined for the 55 MW Gvozd Wind Farm near Nikšic in the west of the country.
11 Dec 24	Taiwan: Ørsted brings in Cathay Life Insurance as investor in Greater Changhua 4 Offshore Wind Farm Ørsted has signed an agreement with Cathay Life Insurance, the leading insurance company in Taiwan, and its affiliate Cathay Wind Power Holdings, under which Cathay Life Insurance will acquire a 50 % ownership share of Ørsted’s 583 MW Greater Changhua 4 Offshore Wind Farm. Ørsted will continue to own the remaining 50 % ownership stake in the wind farm.
11 Dec 24	Morocco: Sound Energy completes the sale of the share capital of Sound Energy Morocco East AIM-listed Sound Energy has announced the completion of the transaction for the partial divestment of the Company's Moroccan assets by way of the disposal by the Company of the entire issued share capital of Sound Energy Morocco East ('SEME') to Managem for a total value to Sound Energy of up to US$45.2 million. The terms of the SPA were announced by the Company on 14 June 2024.
11 Dec 24	Iraq: Gulf Keystone announces operational & corporate update Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, has provided an operational and corporate update.
11 Dec 24	VAALCO Energy secures rig for 2025/2026 drilling campaign VAALCO Energy has announced that, in conjunction with its 2025/2026 drilling program planned to begin mid-2025 in Gabon, it has executed a contract with Borr Jack-Up XIV Inc., an affiliate of Borr Drilling, to drill multiple development wells and appraisal/exploration wells, as well as perform workovers, with options to drill additional wells.
11 Dec 24	Malaysia: TotalEnergies completes the acquisition of the upstream gas assets of SapuraOMV TotalEnergies has finalized the acquisition of the interests of OMV (50%) and Sapura Upstream Assets (50%) in SapuraOMV Upstream (SapuraOMV), an independent gas producer in Malaysia.
10 Dec 24	UK: Equinor and partners approve execution of UK’s first carbon capture and storage projects Equinor, alongside project partners, has announced financial close after taking a Final Investment Decision (FID) to progress to execution phase on two of the UK’s first carbon capture and storage (CCS) projects in Teesside, the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power).
10 Dec 24	Portugal: Iberdrola gets green light to install Portugal's largest wind farm Iberdrola has obtained the production licence from the Portuguese Directorate General for Energy and Geology, which is another step towards the construction of the largest wind farm in Portugal.
10 Dec 24	OMV closes divestment of 50% share in SapuraOMV to TotalEnergies OMV has announced the closing of a transaction with TotalEnergies, for the sale of its 50 percent stake in the Malaysian SapuraOMV Upstream. The overall cash consideration is USD 957 million.
10 Dec 24	Horisont Energi joins industry coalition to develop green fuels and CO2 corridors Together with 30 other companies, Horisont Energi is joining a new industry coalition led by Madoqua Renewables to develop a robust green fuels and CO2 value chain connecting Portugal to Northern Europe and Norway. The forming of the coalition has today been formalized by the signing of a Memorandum of Understanding (MoU).
10 Dec 24	UK: The Crown Estate announces nearly £5m funding for initial round of Supply Chain Accelerator in boost for UK offshore wind sector Thirteen organisations across England, Wales and Scotland are set to share nearly £5m in funding through the initial round of The Crown Estate’s innovative Supply Chain Accelerator. This funding will help kick-start projects drawing down from a £50m fund established in May to accelerate and de-risk the early-stage development of UK supply chain projects that service the offshore wind sector.
10 Dec 24	UK: NSTA awards Endurance first ever UK carbon storage permit The UK’s first ever carbon storage permit has been awarded by the North Sea Transition Authority (NSTA) in an historic moment on the journey to net zero. The site, managed by the Northern Endurance Partnership, off the coast of the north-east of England is the first of scores which are expected to follow in UK waters, preventing hundreds of millions of tonnes of carbon dioxide from entering the atmosphere.
10 Dec 24	Malaysia: Viridien completes seismic imaging of Selat Melaka 2D multi-client survey offshore Malaysia Viridien has completed the seismic imaging for the Selat Melaka multi-client 2D seismic program, covering the offshore area of the Langkasuka Basin, Malaysia. The newly available final seismic dataset clearly indicates the presence of a previously unseen Pre-Tertiary fold and thrust belt, extending offshore across the unexplored area.
10 Dec 24	Namibia: 88 Energy provides update on PEL 93 in the Owambo Basin, onshore Namibia 88 Energy has provided an update on activities related to Petroleum Exploration Licence 93 (PEL 93) in the Owambo Basin, onshore Namibia. Initial interpretation of the 2024 2D seismic data by the operator confirms the presence of multiple significant leads in the southern area of PEL 93.
10 Dec 24	TotalEnergies acquires 100 per cent of VSB Group TotalEnergies has signed an agreement for the complete acquisition of the shares of the VSB Group, from majority owner Partners Group as well as VSB’s founder. Headquartered in Germany, VSB is one of Europe’s leading platforms for renewable energy, with a project pipeline of over 18 gigawatts for wind, photovoltaic and battery storage and over 475 megawatts in its own operation (IPP).
10 Dec 24	Wintershall Dea (Harbour Energy) proves gas in appraisal well 6507/4-5 S in the Norwegian Sea Wintershall Dea (Harbour Energy) has proven gas in appraisal well 6507/4-5 S in the Norwegian Sea, 270 kms north of Kristiansund.
10 Dec 24	Norway: Equinor expects the Johan Castberg field to come on stream in January/February 2025 Equinor and its partners Var Energi and Petoro expect the Johan Castberg field to come on stream in January/February 2025. The Johan Castberg FPSO (floating production, storage and offloading vessel) was anchored on the field in the Barents Sea in September. The FPSO has been hooked up to the subsea facility and the project is now in a final phase towards start-up.