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23 Jul 24	UK: Gilkes Energy and SSE announce joint plans to progress the Fearna Pumped Storage Hydro project Gilkes Energy and SSE have announced plans to progress the Fearna Pumped Storage Hydro scheme. It is envisaged the proposed development would be up to 1.8GW in generating capacity and capable of producing around 37GWh of stored energy capacity.
22 Jul 24	UK: Scottish government grants Acorn CCS project £2 million A project that aims to capture, transport and safely store CO2 emissions from across Scotland will be granted £2 million from the Scottish Government. The new funding will be used to explore how a pipeline could transport Carbon Dioxide from Scotland’s central belt to the North East.
22 Jul 24	Kazakhstan: Caspian Sunrise reports improved terms for the proposed sale of the BNG shallow structures Caspian Sunrise has updated shareholders with news of improved terms on the proposed conditional disposal of the MJF and South Yelemes shallow structures at the BNG Contract Area, which was originally announced on 14 May 2024.
22 Jul 24	Brazil: Valaris announces multi-year contract award with Equinor for Drillship VALARIS DS-17 Valaris has been awarded a multi-year contract with Equinor for drillship VALARIS DS-17. The contract relates to work offshore Brazil on Project Raia. The estimated total contract value is approx. $498 million, inclusive of MPD, additional services and fees for mobilization and minor rig upgrades. The contract has an estimated total duration of 852 days.
22 Jul 24	Colombia: Frontera announces agreement between Puerto Bahia and GASCO to pursue LPG project in Cartagena, Colombia Frontera Energy and GASCO have entered into a Framework Collaboration Agreement to jointly pursue a liquified petroleum gas ('LPG') project at Puerto Bahia's state-of-the-art liquids and dry cargo port terminal strategically located in the Bay of Cartagena, Colombia.
22 Jul 24	Sea1 Offshore reports that the current contract with PXGeo for Siem Dorado has been extended Sea1 Offshore reports that the current contract with PXGeo for Siem Dorado has been extended with another 2 years and 4 months of firm period in direct continuation, taking the vessel’s firm period up to April 2027.
22 Jul 24	Germany: Qualitas Energy wins tender for 39.9 MW wind farm in Mecklenburg-Western Pomerania, Germany Qualitas Energy wins the Federal Network Agency (BNetzA) tender for 39.9 MW greenfield project in Dalkendorf, Rostock district. An order has been placed for the delivery of seven Nordex N149 turbines, each with a capacity of 5.7 MW.
22 Jul 24	US: Nordex Group to offer N169/5.X turbine for the US market The Nordex Group is expanding its product portfolio in the 5 MW segment and is launching a turbine variant of the proven Delta4000 platform, which is specially tailored to the requirements of the US market.
22 Jul 24	Mauritania: TGS signs agreement with Mauritania to offer key subsurface data TGS, a global leader in energy data and intelligence, has signed an agreement with Mauritania’s Ministère du Pétrole, des Mines et de l’Énergie to integrate, enhance and license additional subsurface data, strengthening their position as the sole provider of multi-client subsurface data in the Republic.
22 Jul 24	France: Harmony Energy to build France’s largest battery energy storage system Leading battery storage developer Harmony Energy is set to deliver France’s largest battery energy storage system (BESS)—the Cheviré battery project – using Tesla Megapack technology. The project will mark a significant milestone for the French energy system, being France's first large-scale 2-hour battery.
22 Jul 24	UK: First minister Swinney to set out funding for carbon capture project John Swinney will set out new Scottish Government funding for a 'landmark' carbon capture and storage project in Aberdeenshire today. The first minister will visit the Acorn project in St Fergus which plans to store carbon underneath the North Sea using technology which could create more than 20,000 jobs. The former UK Government confirmed funding for the project last year but it is yet to formally receive Treasury backing.
22 Jul 24	Equatorial Guinea: Europa Oil & Gas announces revised Prospective Resources for EG-08, offshore Equatorial Guinea Europa Oil & Gas has announced that an additional 716 BCF of unrisked Prospective Resources have been identified on the EG-08 block, offshore Equatorial Guinea, bringing the total gross unrisked Mean Prospective Resources on the block to 2.116 TCFe. Partner Antler Global will be seeking a farmin partner to accelerate drilling an exploration well.
22 Jul 24	Mexico: New Fortress Energy achieves first LNG for its Fast LNG asset New Fortress Energy has achieved First LNG for its initial Fast LNG asset located offshore Altamira, Mexico ('FLNG'). With this significant milestone, FLNG establishes itself as the fastest large-scale LNG project ever developed.
22 Jul 24	Australia/US: Woodside to acquire Tellurian and Driftwood LNG Woodside has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian including its owned and operated US Gulf Coast Driftwood LNG development opportunity. The acquisition of Tellurian and its Driftwood LNG development opportunity positions Woodside to be a global LNG powerhouse.
22 Jul 24	Saudi Arabia: Aramco to acquire 50% stake in Air Products Qudra’s Blue Hydrogen Industrial Gases Company Aramco has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra. The transaction, which is subject to standard closing conditions, will also include options for Aramco to offtake hydrogen and nitrogen.
22 Jul 24	UK: ESG reporting vital to unlocking investment in North Sea Top-quality environmental, social and governance (ESG) disclosure is crucial to attracting further investment into the UK’s oil and gas industry, a report from the North Sea Transition Authority (NSTA) says.
22 Jul 24	Lebanon extends deadline for submitting Third Offshore Licensing Round bid applications Lebanon has extended the deadline for submitting Third Offshore Licensing Round bid applications from July 2 2024 to March 17 2025.
22 Jul 24	Australia: RWE secures its first offshore wind site in Australia with a capacity of up to 2 gigawatts RWE has been granted a feasibility licence from the Australian Government for the development of an offshore wind farm close to the Kent Group islands in the Bass Strait, off the Gippsland coast in the state of Victoria. This area is Australia’s first designated offshore wind zone.
22 Jul 24	UK: Parkmead announces formal award of UK Licence P2634 - Blocks 14/15a, 14/20d and 15/11a Parkmead (50% interest and operator), together with its joint venture partner Orcadian Energy, has been awarded Outer Moray Firth Blocks 14/15a, 14/20d and 15/11a. The blocks contain the Fynn Beauly heavy oil discovery, one of the UK’s largest undeveloped discoveries.
22 Jul 24	UK: OEUK issues response to the news coverage of the IT outage An OEUK spokesperson said: 'The IT outage reported in the news today has had some limited impact on the UK offshore energy sector with the industry’s robust business contingency plans helping to prevent disruption to critical domestic energy supply. We will continue to monitor the impact and will update.'
22 Jul 24	New report highlights cable failure as a major future challenge in offshore wind TGS has, for the first time, included a comprehensive analysis of cable failures in its latest quarterly Offshore Transmission and Cables report. This detailed report provides an in-depth examination of offshore wind cables and interconnectors, offering critical insights for industry stakeholders. Leveraging specialist market intelligence from 4C Offshore, the report delves into the causes of cable failures in offshore wind, examines associated costs, and includes several case studies highlighting real-world impacts and solutions.
22 Jul 24	UK government launches onshore wind industry task force Doubling onshore wind deployment by 2030 to help Britain become a clean energy superpower is one of government’s core missions. The Onshore Wind Industry Taskforce has been established to identify and then deliver the actions needed to accelerate onshore wind deployment to 2030 and beyond.
19 Jul 24	UK: Macquarie Asset Management agrees to acquire additional stake in Lynn and inner Dowsing offshore wind farms Macquarie Asset Management has announced that it intends to acquire, via its managed funds, an additional 39.25 per cent stake in the Lynn and Inner Dowsing offshore wind farms from funds managed by BlackRock.
19 Jul 24	Brazil: DOF Group awarded multiple contracts in Brazil DOF has announced multiple contract awards with Petrobras and a 1st Tier EPCI-SURF Contractor in Brazil.
19 Jul 24	UK: Good Energy partners with Ripple on coop owned renewables AIM-listed Good Energy Group, the 100% renewable electricity supplier and energy services provider is partnering with cooperative clean energy ownership innovator Ripple Energy to offer customers the option to own their portion of large-scale wind or solar projects.