energy-pedia news

Search energy-pedia news by selecting date, type, and region from the drop-down boxes

The full News Archive is available to Corporate Subscribers only. Non-Subscribers can access up to four years of archived news. For details of how to subscribe click here.

Reset

20 Jan 23	Oman: Shell announces the start of gas production from Block 10 in Oman Shell Integrated Gas Oman, a subsidiary of Shell, has announced the start of gas production from the Mabrouk North East field in Block 10 in Oman. Production from Block 10 is expected to reach 0.5 billion standard cubic feet of gas per day (bscf/d) by mid-2024.
19 Jan 23	UK: Starmer’s call for 'no more investment in oil and gas' – OEUK response Reuters has reported Keir Starmer’s announcement that there would be no new UK oil and gas fields under a Labour government. The Labour leader was speaking at the World Economic Forum in Davos. Offshore Energies UK (OEUK) said policymakers should choose their words carefully. Many of its 400 members are leading the UK’s transition to greener energy systems.
19 Jan 23	UAE: ADNOC announces world first fully sequestered CO2 injection project ADNOC has commenced work on a CO2 injection well, with 100% of injected CO2 to be captured and sequestered in Abu Dhabi’s carbonate saline aquifer. the project is part of ADNOC’s $15 billion multi-year action plan to decarbonize its operations and supports goal to reduce carbon intensity by 25% by 2030 and deliver on its Net Zero by 2050 ambition.
19 Jan 23	UK: The Crown Estate seals landmark agreements for offshore wind energy to power 7 million homes In a major milestone for the UK’s energy security and net zero commitments, The Crown Estate has signed Agreements for Lease for six offshore wind projects which could begin to generate green electricity by the end of the decade and have the potential to generate c.8GW of renewable electricity, enough for more than seven million homes.
19 Jan 23	Energean provides trading statement and operational update Energean has provided an update on recent operations and the Group's trading performance in the 12-months to 31 December 2022 together with guidance for 2023. 2022 was a landmark year for Energean, with the commencement of production from the only FPSO in the strategically vital Eastern Mediterranean region.
19 Jan 23	UK: NSTA seeks consultation on new carbon storage data powers The North Sea Transition Authority (NSTA) is seeking views from the UK oil and gas and carbon storage industries on information and sample related matters in Carbon Dioxide Appraisal and Storage and Petroleum Licences, and the principle of new data powers in support of energy security and the transition to net zero.
19 Jan 23	Germany: Nordex Group supplied almost one third of newly commissioned onshore wind power capacity in Germany in 2022 Based on commissioned onshore wind turbines reported by customers in the market master data register (Marktstammdatenregister) for 2022 in Germany the Nordex Group holds the top place among manufacturers according to the specialist agency FA Windenergie an Land.
19 Jan 23	Santos announces fourth quarter report Santos delivered record annual production and sales revenue in 2022, as strong base business performance positioned the company to benefit from higher commodity prices.
19 Jan 23	US: Zephyr Energy provides State 36-2 LNW-CC well update Zephyr Energy, the Rocky Mountain oil and gas company focused on responsible resource development and carbon-neutral operations, has provided an update on operations on the State 36-2 LNW-CC well at the Company's flagship project in the Paradox Basin, Utah, U.S.
19 Jan 23	Ireland: Barryroe Offshore provides update on Convertible Loan Note funding Barryroe Offshore has provided an update on the Funding Agreement with Vevan Unlimited, which was entered into to provide the required funding for the work programme proposed in the Barryroe Field Lease Undertaking Application.
19 Jan 23	UK: Baron Oil provides UK 33rd Offshore Licensing Round and asset update Baron Oil has announced that, as a joint venture non-operating partner, it has submitted an application in the UK offshore 33rd Round of licensing. The Company has also provided an update on the Chuditch PSC, offshore Timor Leste, and the UK Inner Moray Firth licence P2478.
19 Jan 23	UK: Orcadian Energy provides update on 33rd Offshore Licensing Round applications AIM-listed Orcadian Energy has provided an update of its applications in the 33rd Offshore Licensing Round which closed last week. The Company made three licence applications, two in partnership with other companies and one on its own.
19 Jan 23	Thailand: Jadestone Energy acquires interest in Sinphuhorm gas field onshore Thailand Jadestone Energy has executed a sale and purchase agreement with Salamander Energy (S.E. Asia), an affiliate of Medco Energi Internasional, to acquire a 9.52% non-operated interest in the producing Sinphuhorm gas field and a 27.2% interest in the Dong Mun gas discovery onshore northeast Thailand. The headline cash consideration is US$32.5 million.
19 Jan 23	Harbour Energy announces trading and operations update Harbour Energy has provided an unaudited Trading and Operations update for the year ended 31 December 2022, ahead of announcing its Full Year Results on 9 March 2023. The Company reports increased production of 208 kboepd (2021: 175 kboepd), towards the top end of 200-210 kboepd guidance and split 50 per cent liquids / 50 per cent gas.
19 Jan 23	UK: King Charles to divert Crown Estate windfall to 'public good' King Charles has asked for a surge in profits from a £1bn per year Crown Estate offshore wind farm deal to be used for the 'wider public good', rather than for the Royal Family.
19 Jan 23	Brunei: Fugro awarded a contract for Brunei's deepwater gas field development Fugro has received a sizeable contract for the Kelidang Cluster gas field development project from Petronas Carigali Brunei. The Kelidang Cluster development consists of two fields, Keratau and Kelidang North-East located offshore Brunei Darussalam.
18 Jan 23	US: Chesapeake Energy announces sale of initial Eagle Ford package for USD 1.425 billion Chesapeake Energy has entered into an agreement to sell the Brazos Valley region of its Eagle Ford asset to WildFire Energy for $1.425 billion.
18 Jan 23	US: Orsted to acquire PSEG’s equity share in Ocean Wind 1 Ørsted has signed an agreement to acquire Public Service Enterprise Group’s (PSEG) 25 % equity stake in the 1,100 MW offshore wind energy project Ocean Wind 1 located approx. 24 km off the coast of southern New Jersey in the US. The acquisition provides Ørsted with 100 % ownership of Ocean Wind 1.
18 Jan 23	US: Volta to be acquired by Shell USA to accelerate decarbonization of the transportation sector Volta Inc. has announced the execution of a definitive merger agreement under which Shell USA, a subsidiary of Shell, will acquire Volta in an all-cash transaction valued at approx. $169 million. The transaction brings Volta's powerful dual charging and media network to Shell's established brand and seeks to unlock robust, long-term growth opportunities in electric vehicle ('EV') charging.
18 Jan 23	Russia: Wintershall Dea to exit Russia The Wintershall Dea Supervisory Board approved a principle decision by the Management Board to exit Russia. Wintershall Dea to deconsolidate Russian segment from financial reporting and to record one-off non-cash charge of €5.3 billion in the fourth quarter relating to the deconsolidation as well as other Russia-related impairments.
18 Jan 23	Venezuela: Geoex MCG signs MoU for Multi-client seismic project in Venezuela Geoex MCG has announced the signature of a Memorandum of Understanding with The People’s Ministry of Petroleum of Venezuela. The MoU’s objective is to support the country's strategy to open the offshore domain for the exploration of liquid and gaseous hydrocarbons and attract international investors.
18 Jan 23	UK: Fugro’s Geo-data supports development of UK’s first flexible power station with carbon capture technology Fugro has been awarded a ground investigation contract for SSE Thermal and Equinor’s planned Keadby 3 Carbon Capture Power Station in North Lincolnshire.
18 Jan 23	Germany: bp reveals plans to evaluate expansion of Germany’s green energy port with a new hydrogen hub bp will evaluate the feasibility of building a new hydrogen hub in Germany. The project, which would be located in Wilhelmshaven, is expected to include an industry leading ammonia cracker which could provide up to 130,000 tons of low-carbon hydrogen from green ammonia, per year, from 2028.
18 Jan 23	Africa Oil announces 2022 production results and provides operational update Africa Oil has announced its full-year 2022 production results and provided an operational update. Farm-out process for Block 3B/4B, that is on trend with the Venus and Graff oil discoveries in the Orange Basin, offshore South Africa, is advancing with the aim of securing a new partner by end of first quarter 2023.
18 Jan 23	Norway: Equinor announces gas discovery in the Norwegian Sea Equinor and partners Wintershall Dea and Petoro have made a commercial gas discovery in the Norwegian Sea in production licence 1128, estimated at between two and eleven billion standard cubic metres of recoverable gas. The Obelix Upflank discovery was made some 23 kms south of the Irpa gas discovery.