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25 Jan 23
Miros strengthens its solution offering for offshore wind
Miros, the ocean insights leader, has released new applications to optimise operational efficiency and reduce downtime in offshore wind projects.
25 Jan 23
US: 88 Energy provides quarterly operations update
88 Energy has provided an update related to its operations in the NPR-A region of the North Slope of Alaska. Hickory-1 exploration well scheduled to spud on or around 1 March 2023, targeting 647 mmbo. Project Leonis secured as part of the North Slope Areawide 2022W Oil and Gas lease sale. Successful completion of the final two planned workovers scheduled for 2022 at Project Longhorn.
25 Jan 23
Morocco: Predator provides update on MOU-2 well onshore Morocco
Predator Oil & Gas, the Jersey based Oil and Gas Company with near-term gas operations focussed on Morocco, has announced an update on the drilling of the MOU-2 well in the Guercif Petroleum Agreement onshore Morocco. The MOU-2 well has been suspended above the Moulouya Fan target with an option to re-enter.
25 Jan 23
UK: IOG provides operational update
IOG, the Net Zero UK gas and infrastructure operator focused on high-return projects, has provided a corporate update in advance of the Company's full-year 2022 results, which are scheduled for release in March 2023.
25 Jan 23
Tullow Oil issues January trading statement and operational update
Tullow Oil has issued the a statement in advance of the Group’s 2022 Full Year Results scheduled for 8 March 2023. Strong operational delivery, rigorous focus on costs and capital discipline, the increased equity in key operated fields in Ghana and higher oil prices drove material, expectation-beating free cash flow generation in 2022, accelerating the Group’s deleveraging towards a net debt to EBITDAX ratio of 1.3 times by the year-end.
25 Jan 23
PGS enters offshore wind market
PGS has been awarded its first ultra-high resolution windfarm site characterization project, sealing its entry into a strategically important new energy market. PGS aims to develop New Energy into a significant business unit and during 2022 the Company established a strong position in the carbon storage geoservices market.
25 Jan 23
Italy: ENCAVIS and ILOS sign framework agreement for a 300 megawatts pipeline of solar projects in Italy
ENCAVIS and ILOS sign framework agreement for a 300 megawatts pipeline of solar projects in Italy – expanding ENCAVIS’ solar project pipeline to 2.6 gigawatts.
25 Jan 23
Woodside announces fourth quarter report for period ended 31 December 2022
Woodside has announced its fourth quarter report for period ended 31 December 2022. Production in the fourth quarter was a record 51.6 million barrels of oil equivalent (boe). The result lifted output for calendar 2022 to 157.7 million boe, surpassing guidance and marking the highest annual production in Woodside’s history.
25 Jan 23
Brazil: TechnipFMC awarded substantial subsea services offshore Brazil contract by Petrobras
TechnipFMC has been awarded a substantial master services agreement for subsea services with Petrobras. TechnipFMC will provide life-of-field services to support its installed base offshore Brazil. The contract covers installation, intervention, and maintenance of both equipment and tooling, as well as technical support for subsea umblicals, risers and flowlines.
25 Jan 23
Colombia/Ecuador: Gran Tierra Energy announces strong reserves replacement and continued reserves growth in 2022
Gran Tierra Energy, a company focused on international oil exploration and production with assets currently in Colombia and Ecuador, has announced the Company's 2022 year-end reserves. During 2022 Gran Tierra achieved strong reserves replacement through successful results from development and exploration drilling, waterflooding programs and field performance.
25 Jan 23
Norway plans to offer record number of Arctic oil and gas exploration blocks
Norway on Tuesday said it plans to offer energy firms a record number of oil and gas exploration blocks in the Arctic as it seeks to prolong its hydrocarbon production, while green campaigners criticised the risk to the environment.
25 Jan 23
Hess announces 2023 E&P capital and exploratory budget
Hess has announced a 2023 Exploration & Production capital and exploratory budget of $3.7 billion, of which more than 80% will be allocated to Guyana and the Bakken.
24 Jan 23
South Africa: Air Liquide and Sasol sign first long-term contracts for supply of renewable energy to the Secunda site
Air Liquide and Sasol have signed two Power Purchase Agreements (PPA) with Enel Green Power for the long-term supply of a total capacity of 220 MW of renewable power to Sasol’s Secunda site, in South Africa, where Air Liquide operates the biggest oxygen production site in the world.
24 Jan 23
Halliburton announces Q4 2022 results
Halliburton announced net income of $656 million for the fourth quarter of 2022. This compares to net income for the third quarter of 2022 of $544 million. Full year revenue of $20.3 billion, increased 33% year-over-year. Full year operating income of $2.7 billion, increased 50% year-over-year.
24 Jan 23
Capricorn announces adjournment of General Meeting for shareholder vote on NewMed Energy Partnership Combination and Board changes
Capricorn has announced that the Pallister requisitioned GM will go ahead on 1 February 2023, with an adjournment of the NewMed GM, allowing a reconstituted Board to assess the proposed NewMed Combination alongside other strategic options prior to determining the recommended route forward.
24 Jan 23
UK: Golden opportunity imminent for UK’s offshore energy supply chain
A wave of new opportunities for the UK’s world class offshore energy supply chain will be created by upcoming oil and gas projects, according to new figures. Research has identified seven near-term projects which will require 30 new wells and 194 kms of pipeline.
24 Jan 23
US: Matador Resources announces strategic bolt-on Delaware Basin acquisition
Matador Resources has announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire Advance Energy Partners Holdings, including certain oil and natural gas producing properties and undeveloped acreage located in Lea County, New Mexico and Ward County, Texas.
24 Jan 23
Australia: Norwest directors unanimously recommend MinRes' revised offer
Norwest Energy has reached agreement with Mineral Resources (MinRes) on the terms on which the directors of Norwest will recommend Norwest shareholders accept MinRes’ off-market takeover bid (Offer) for all of the fully paid ordinary shares (Norwest Shares) that MinRes does not already own.
24 Jan 23
Netherlands: ONE-Dyas selects Allseas for the N05A development in the Dutch North Sea
Allseas will play a key role in the largest Dutch investment in a natural gas development in the last 15 years. Dutch energy operator ONE-Dyas has opted for Dutch offshore engineering expertise to realise the N05A development in the Dutch North Sea.
24 Jan 23
Cuba: Melbana Energy preparing to drill first appraisal well in Block 9, onshore Cuba
Melbana Energy has provided an update on preparations for its first appraisal well in Block 9 PSC, onshore Cuba. Independently assessed volumes of the Amistad structure in Block 9 are 1.9 billion barrels of Oil in Place and 109 million barrels of Prospective Resource (unrisked gross best estimate).
24 Jan 23
France: Gulf Marine Services signs contract to provide support for the construction and development of a major offshore wind farm in France
Gulf Marine Services (GMS), a leading provider of advanced self-propelled, self-elevating support vessels serving the offshore oil, gas and renewables industries, has signed a contract to provide support for the construction and development of a major offshore wind farm in France. The contract is due to complete in Q1 2023.
24 Jan 23
Colombia: Canacol Energy announces Magdalena Basin discoveries
Canacol Energy has provided details on three discoveries in Colombia's Magdalena Basin, as well as information concerning its near term drilling programs.
24 Jan 23
Germany: Neptune Energy commences drilling at Adorf gas development
Neptune Energy has announced drilling has begun at its operated Adorf Z18 gas production well in the municipality of Georgsdorf, northwestern Germany.
24 Jan 23
Australia: Norwest Energy JV signs contract for Lockyer drilling program
Perth Basin energy company Norwest Energy has advised that joint venture operator Energy Resources ('EnRes') has executed a drilling contract with Ensign Australia for Ensign's Rig 970. The first two wells to be drilled with Ensign Rig 970 will be Lockyer-2 and North Erregulla Deep-1, which will be drilled back-to-back with the spudding of Lockyer-2 targeting late March 2023.
24 Jan 23
Thailand/Turkey: Valeura Energy announces operations update
Valeura Energy, the upstream oil and gas company with assets in the offshore Gulf of Thailand and the Thrace Basin of Turkey, has provided an operations update. As previously announced, Valeura has agreed to acquire the Thailand upstream oil producing portfolio of Mubadala Energy, which includes several oil fields.
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