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30 Jan 23
US: Equinor and bp bid for third New York offshore wind solicitation
Equinor and bp have jointly bid into New York’s third offshore wind solicitation (NY3), building on their strong commitment to deliver renewable energy for New Yorkers, create sustainable jobs, boost the economy across the state, and support a just transition to renewable energy.
30 Jan 23
Malaysia: PETRONAS and ExxonMobil sign CCS Project Development Agreements
PETRONAS has signed two Project Development Agreements with ExxonMobil Exploration and Production Malaysia to jointly pursue Carbon Capture and Storage (CCS) activation projects in Malaysia.
27 Jan 23
Canada: TotalEnergies EP Canada acquires an additional interest in Fort Hills, ahead of its planned spin-off
In the context of its future spin-off, TotalEnergies EP Canada announces that it has exercised its preemption right to acquire an additional 6.65% interest in the Fort Hills Energy Limited Partnership and associated sales and logistics agreements from Teck Resources, for a consideration of 312 million Canadian Dollars.
27 Jan 23
Botswana: Tlou Energy announces operational report - Quarter ended 31 December 2022
Tlou Energy, the ASX, AIM and BSE listed company focused on delivering power in Botswana and southern Africa through the exploration and development of gas and solar, has provided an operational update for the quarter ending 31 December 2022.
27 Jan 23
Norway: Aker BP issues fourth quarter 2022 trading update
Aker BP will publish its financial report for the fourth quarter 2022 on Friday 10 February 2023. The company has issued a trading update to summarize its production and sales volumes and related topics for the quarter.
27 Jan 23
Philippines: Coro Energy announces Philippines renewables restructuring
Coro Energy, the South East Asian energy company with a natural gas and clean energy portfolio, has announced that, in anticipation of and in preparation for achieving Ready to Build status in the Company's two 100MW Philippines renewables projects, the Company has restructured its arrangements with its partners in country, increasing its dividend entitlement.
27 Jan 23
Germany: Allseas awarded contracts for DolWin4 and BorWin4 offshore grid connection projects in the German North Sea
Allseas has been selected to install the high voltage direct current (HVDC) converter platforms for the DolWin4 and BorWin4 offshore grid connection projects in the German North Sea. Awarded by Dragados Offshore, the contract covers the transport and single-lift installation by Pioneering Spirit of two 900-megawatt converter stations for the transmission of wind-generated power.
26 Jan 23
Brazil: Petrobras concludes the sale of the Albacora Leste field
Petrobras has finalized, after the fulfillment of all the preceding conditions, the sale of its total interest in the Albacora Leste production field, located in the Campos Basin, to the company Petro Rio Jaguar Petróleo LTDA, a subsidiary of Petro Rio.
26 Jan 23
Westwood Insight – Global marketed offshore rig utilisation to average 95% in 2023
Despite the potential North Sea issues, global marketed utilisation is believed to increase from the 90% average in 2022 to around 95% this year. Given that level of utilisation, rig owners will undoubtedly continue to push dayrates upward.
26 Jan 23
Brazil: Maersk Supply Service awarded its largest solutions contract to-date in Buzios field, offshore Brazil
Maersk Supply Service has signed an assignment agreement with TechnipFMC for the comprehensive towing and mooring campaign of Petrobras’s Búzios 6 Project (seventh module of Búzios), offshore Brazil.
26 Jan 23
UK: EMEC floating wind demo site offers £690 million opportunity to UK
The economic potential of EMEC’s proposed 100 MW floating offshore wind test and demonstration site has been estimated at £690 million to UK economy. The European Marine Energy Centre (EMEC), based in Orkney, Scotland, concluded concept design for a new floating offshore wind test and demonstration site in 2022 and is aiming to secure a lease for a 100 MW site ~20 km west of Orkney.
26 Jan 23
Spain: Cepsa signs agreement with Enagas Renovable and Alter Enasun for the joint development of a green hydrogen plant in Spain
Cepsa, Enagás Renovable and Alter Enersun have signed an agreement to jointly develop a green hydrogen plant in Huelva, connected to a solar power plant, within the Andalusian Green Hydrogen Valley.
26 Jan 23
US: Sempra Infrastructure and PKN ORLEN sign sale and purchase agreement for Port Arthur LNG
Sempra Infrastructure, a subsidiary of Sempra, has entered into a long-term sale and purchase agreement (SPA) with PKN ORLEN, which recently acquired the Polish Oil & Gas Company (PGNiG), for the supply of liquefied natural gas (LNG) from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas.
26 Jan 23
Norway: Arribatec awarded 10 million NOK contract extension award from Gassco
Arribatec has announced a 10 million NOK contract extension award from Gassco, a major Gas Transportation Operator. The agreement includes further development and improvement of Gassco’s Management System, vital to the operational safety and efficiency of the Company’s assets and employees.
26 Jan 23
UK: UKOG meets with Energy Minister to discuss UKEn's energy storage hub project at Portland Port in Dorset
UK Oil & Gas and its wholly owned subsidiary UK Energy Storage ('UKEn') met with the Minister of State for Energy and Climate, the Rt. Hon. Graham Stuart MP to discuss alll areas of UKEn's energy storage hub project at Portland Port in Dorset.
26 Jan 23
Trinidad: Trinity Exploration & Production to drill Jacobin prospect onshore Trinidad
AIM-listed Trinity Exploration & Production has progressed its plans to drill the deep 'Jacobin' prospect, located in the WD-5/6 Lease Operatorship area. The well will be the deepest (~9800 ft TVDSS TD) onshore oil well in the Palo Seco region in over a decade.
26 Jan 23
United Oil and Gas announces FY 2022 trading and operations update and guidance for 2023
AIM-listed United Oil & Gas has issued a trading and operations update summarising recent operational activities, providing trading guidance in respect of the financial year to 31 December 2022, and initial guidance for 2023.
26 Jan 23
PGS announces fourth quarter and preliminary full year 2022 results
PGS has announced fourth quarter and preliminary full year 2022 results. Produced Revenues were $817.2 million, compared to $590.0 million in 2021. MultiClient late sales were the second highest on record and almost 50% higher than in 2021. The order book was increased by 74% in 2022 and it is now at the highest level since Q3 2014.
25 Jan 23
UK: Angus Energy announces Saltfleetby drilling programme update
AIM-listed Angus Energy has announced that the drilling programme at Saltfleetby is likely to be extended by approx. 14 days as a consequence of drilling issues in the Westphalian reservoir and following which the testing phase will commence.
25 Jan 23
US: API and the Well Done Foundation sign MOU to cooperate on plugging orphaned wells
The American Petroleum Institute (API) and the Well Done Foundation have signed a Memorandum of Understanding (MOU) to collaborate across a range of activities related to reducing emissions and the proper plugging of orphaned or abandoned natural gas and oil wells.
25 Jan 23
Germany: TotalEnergies helps Germany further secure its energy supplies
Following the arrival (or provision) of the Neptune, an FSRU (Floating Storage & Offloading Unit), in December 2022, TotalEnergies has announced the start-up of the Deutsche Ostsee LNG import terminal for liquefied natural gas (LNG). This project will consolidate TotalEnergies' position as the world's third largest LNG player and Europe's leading regasification player.
25 Jan 23
Hess reports estimated results for Q4 2022 - announces Fangtooth SE-1 discovery offshore Guyana
Hess reported net income of $624 million in Q4 2022 compared with net income of $265 million in Q4 2021. On an adjusted basis, the Corporation had net income of $548 million in Q4 2022. Hess also reports continued exploration success on the Stabroek Block, offshore Guyana, with a significant new oil discovery at the Fangtooth SE-1 well.
25 Jan 23
Gravitricity appoints Gneiss Energy to lead £40 million growth plan
Energy storage firm Gravitricity has appointed corporate finance specialists Gneiss Energy to spearhead a £40 million funding drive – with the goal of building three demonstrator projects in the next five years. Earlier this year the Edinburgh-based energy storage technology developer unveiled their H2 FlexiStore hydrogen storage technology as a new product alongside their existing gravity-based technologies.
25 Jan 23
Brazil: DOF awarded AHTS contract in Brazil
DOF has announced that Petrobras has awarded a new long-term charter contract to Norskan Offshore Ltda. for an AHTS to operate as AHTS-TS or TO. The gross value of the contract that is planned to start up to 3rd quarter 2023 is approx. USD 51 million.
25 Jan 23
Congo (Brazzaville): Expro wins contract with Eni for critical LNG pre-treatment plant in Congo
Energy services provider, Expro Group Holdings has announced a long-term Production Solutions contract with Eni Congo, a subsidiary of multinational energy company Eni, for a liquified natural gas (LNG) pre-treatment facility in Congo.
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