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17 Apr 24
Azerbaijan: bp begins oil production from major new platform offshore Azerbaijan
bp, as operator of the Azeri-Chirag-Gunashli (ACG) project, has announced the start-up of oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector of the Caspian Sea.
17 Apr 24
US: Interior Department takes action to protect taxpayers from offshore oil and gas decommissioning costs
The Department of the Interior has announced a final rule from the Bureau of Ocean Energy Management (BOEM) to protect taxpayers from covering costs that should be borne by the oil and gas industry when offshore platforms require decommissioning.
17 Apr 24
Norway: Var Energi confirms new oil discovery in the Balder area in the Central North Sea
Vår Energi has confirmed the discovery of oil in the Balder area in the Central North Sea. The latest Ringhorne North exploration well in PL 956 was successful with estimated recoverable resources of between 13 and 23 million barrels of oil. Operator Vår Energi considers the discovery a potential commercial candidate to be tied into nearby existing infrastructure in the Balder area.
17 Apr 24
Trinidad: Argeo signs contract with Woodside Energy for Calypso AUV survey
Argeo has signed a contract with Woodside Energy to execute the 2024 AUV geophysical survey for the deepwater Calypso field in Trinidad and Tobago.
17 Apr 24
UK: Deltic Energy announces final results FY 2023
Deltic Energy, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern North Sea ('SNS') has announced its audited results for the year ended 31 December 2023 ('FY 2023') and has released an updated corporate presentation.
17 Apr 24
UK: Union Jack Oil announces Wressle update and notice of results and dividend
AIM-listed Union Jack Oil, a UK and USA focused onshore hydrocarbon production, development and exploration company, has announced an update in respect of the Wressle hydrocarbon development located within licences PEDL180 and PEDL182 in North Lincolnshire on the western margin of the Humber Basin.
17 Apr 24
US: Zephyr Energy provides State 36-2R well drilling operations update
AIM-listed Zephyr Energy, the Rocky Mountain oil and gas company, has provided an operational update on the State 36-2 LNW-CC-R well at its flagship project in the Paradox Basin, Utah, U.S.
17 Apr 24
US: Kimmeridge withdraws proposal to combine Silverbow with Kimmeridge Texas Gas
US energy private equity firm Kimmeridge has withdrawn its proposal to acquire Houston producer SilverBow Resources. The combination would have created a preeminent pure-play Eagle Ford shale operator with an estimated enterprise value of approximately $3.6 billion.
17 Apr 24
Singapore: Seatrium and A*STAR join forces to explore new energies and AI in Offshore and Marine applications
Seatrium, a leading engineering solutions provider to the global offshore and marine industry, and Singapore’s Agency for Science, Technology and Research (A*STAR) have signed a Memorandum of Understanding (MoU) to explore research opportunities in new energies and artificial intelligence (AI) to develop innovative products and engineering solutions for the Offshore and Marine (O&M) sector.
16 Apr 24
Netherlands: HSM Offshore Energy rolls out the N05-A Topside for ONE-Dyas
HSM Offshore Energy, a leading name in the EPCIC multi-disciplinary offshore renewable project industry, has successfully rolled out the N05-A Topside for ONE-Dyas at its yard in Schiedam, the Netherlands. Merely two days after the successful lift of the upperpart of the jacket on its lower counterpart. These project milestones represent an important step in harnessing local Dutch offshore energy resources.
16 Apr 24
UK/Netherlands: ONE-Dyas contracts Borr rig for North Sea wells
ONE-Dyas has signed an agreement with Borr Drilling for a minimum of 150 days, with 15 March 2024 as commencement date, for drilling and decommissioning activities. The contract covers activities in the Dutch and UK continental shelf.
16 Apr 24
Colombia/Argentina: Interoil announces production report for March 2024
Interoil has announced March 2024 production figures for its assets in Colombia and Argentina. Interoil’s total daily average operated production in March increased by 135 boepd compared with February. The increase is mainly coming from fields in Argentina whereas Colombia reduced its operated production.
16 Apr 24
Guyana: Strohm wins third and largest ever TCP ‘Jumpers On Demand’ contract from ExxonMobil Guyana
ExxonMobil Guyana has awarded Strohm a TCP 'Jumper On Demand' contract for the supply of TCP for the Whiptail project. This brings the project count for the Netherlands-based manufacturer to three for ExxonMobil Guyana, following previous awards for the Yellowtail and Uaru projects. This latest award marks the largest commercial award for pipe supply in the company’s 16-year history.
16 Apr 24
Five northern European countries conclude international arrangements on transport and storage of carbon across borders
A European infrastructure for carbon capture and storage is underway. Today, arrangements between Denmark, Norway, Belgium, the Netherlands, and Sweden allow cross-border transport and geological storage of captured CO2.
16 Apr 24
UK: OEUK strengthens board with three new appointments
The leading trade body, Offshore Energies UK has announced the appointment of three senior industry leaders to its Board. Phil Milton, Chief Executive Officer at Well-Safe Solutions, Steve Nicol, Executive President of Operations at Wood and Steve Bowyer, General Manager, North Sea at EnQuest have all been appointed with immediate effect.
16 Apr 24
Egypt: United Oil & Gas announces receipt of Egyptian receivables of $1 million in USD
AIM-listed United Oil & Gas has announced an update in relation to Egyptian receivables. United has received a payment from Egyptian General Petroleum Corporation ('EGPC') for USD $1 million. The funds will be used to extinguish the debt and leave the Company debt free while the paperwork to withdraw from Abu Sennan concession is finalised.
16 Apr 24
Timor Leste: Baron Oil provides update on Chuditch PSC operations
AIM-listed Baron Oil has provided an update on operational activities and plans on the TL-SO-19-16 PSC ('Chuditch'), offshore Democratic Republic of Timor-Leste. All operational work related to the Site Survey has now been successfully completed and discussions with a number of potential funding partners are ongoing.
16 Apr 24
Germany: Beacon Energy announces Erfelden operational 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 announced that mobilisation of the drilling rig for the SCHB2 side track, which had originally been scheduled for mid-April, has been delayed by approximately two weeks.
16 Apr 24
Nordex Group starts with order intake of 2.1 GW in the first quarter of 2024
The Nordex Group recorded an order intake of 338 turbines with a total capacity of 2,086 MW in the first quarter of 2024 (Q1/2023: 1,021 MW). The average sales price in euros per megawatt of capacity (ASP) amounted to EUR 0.85 million/MW (Q1/2023: EUR 0.90 million/MW).
16 Apr 24
KBR and GeoLith enter into an exclusive alliance to offer advanced, zero-emission lithium technology globally
KBR has signed an alliance agreement with GeoLith SAS to offer its advanced Direct Lithium Extraction (DLE) technology, Li-Capt. This technology enables zero-emission lithium extraction from untapped sources like geothermal and oil well brines.
15 Apr 24
Brazil: SLB awarded three contracts for Petrobras’ Buzios field
SLB has been awarded three contracts by Petrobras for completion hardware and services for up to 35 subsea wells in the development of Petrobras’ offshore Buzios Wave II oilfield.
15 Apr 24
Copenhagen Infrastructure Partners completes acquisition of New York onshore wind development portfolio
Copenhagen Infrastructure Partners (CIP), acting on behalf of its flagship fund, CI V, has announced the successful acquisition of Liberty Renewables, a 1.3 GW portfolio of onshore wind projects in New York.
15 Apr 24
Turkey: Nordex Group receives 80 MW order from Borusan EnBW Enerji in Türkiye
The Nordex Group received an order to supply 14 N163/5.X turbines from Borusan EnBW Enerji, a leading developer and operator of wind energy projects in Türkiye. The Delta4000 series turbines are projected for the 80 MW Pelit wind farm in the Sivas Province.
15 Apr 24
Guyana: TechnipFMC awarded large subsea contract for ExxonMobil Guyana’s Whiptail project
TechnipFMC has been awarded a large contract in Guyana’s Stabroek Block by Exxon Mobil affiliate ExxonMobil Guyana to supply subsea production systems for the Whiptail project.
15 Apr 24
Angola: Corcel announces update on Tobias field reactivation activities in Block KON-11 in the Kwanza Basin, onshore Angola
AIM-listed Corcel, the Angolan focused exploration and production company, has announced an update on Tobias field reactivation activities in Block KON-11 in the Kwanza Basin, onshore Angola, where the Company has a 20% working interest (18% net). The Operator is Sonangol.
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