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16 Jul 24
UK: TotalEnergies and SSE join forces and create Source, a new major player in EV charging in the UK & Ireland
TotalEnergies and SSE have signed a binding agreement to create a joint venture to establish a new major player in EV charging infrastructure in the UK and Ireland, under the brand 'Source'. The new business will deploy in both countries up to 3000 high power charge points, meeting demand from EV and fleet owners to provide fast and reliable charging.
16 Jul 24
Thailand: PTTEP develops Ocean Data Platform to support marine conservation in the Gulf of Thailand
PTT Exploration and Production (PTTEP) has developed the marine science data platform called PTTEP Ocean Data Platform to collect marine science data.
16 Jul 24
Aker Horizons announces second quarter results 2024
Aker Horizons, a developer of green energy and industry, has announced results for the second quarter 2024. The second quarter was marked by the successful completion of the announced joint venture between Aker Carbon Capture and SLB.
16 Jul 24
TGS awarded Ultra High Resolution 3D acquisition contract in Europe
TGS has announced the award of an Ultra High Resolution 3D (UHR3D) acquisition contract in Europe, offering substantially more detailed subsurface data for shallower targets compared to traditional seismic acquisition methods. The Ramform Vanguard will mobilize for the survey in Q3.
15 Jul 24
Leading hydrocarbon company selects Vow technology to convert plastic waste into fuel
ETIA Ecotechnologies, a subsidiary of Vow ASA, has signed a partnership and services and supply agreement with a leading international independent hydrocarbon company operating globally to further advancing plastic-to-fuel conversion technology towards industry-scale application.
15 Jul 24
UK: North Sea data upload will support energy transition - NSTA
The search for carbon storage and windfarm sites has received a significant boost with the transfer of valuable files from the National Hydrocarbons Data Archive (NHDA) to the National Data Repository (NDR). More than 4,000 files, some dating back to 1978, but most from the 1980s and 90s, and containing information about wellbores and seismic surveys, have been uploaded to the NDR and are now available for users including those from industry and academia.
15 Jul 24
China: CNOOC Ltd makes major exploration breakthrough in Bohai Bay
CNOOC Limited has achieved a major exploration breakthrough offshore Bohai Bay. Longkou 7-1 oilfield is located in eastern Bohai Bay, with an average water depth of about 26 meters. The discovery well LK7-1-1, which was drilled and completed at a depth of approx. 4,400 meters, encountered a total of 76 meters oil and gas pay zones. The well was tested and produced about 210 cubic meters of crude oil and nearly one million cubic meters of natural gas per day, a new record for gas productivity in Bohai Bay.
15 Jul 24
US: TGS announces early access to Gulf Coast carbon storage assessment dataset ahead of the Texas GLO CCS Lease Round
TGS announces early access to a comprehensive carbon storage assessment dataset along the Texas and Louisiana Gulf Coast, covering the available GLO lease blocks. This evaluation will help prospective bidders maximize their bid accuracy, optimize project costs and drive sustainable growth in the CCS sector.
15 Jul 24
NVentures Earthmoves announce the release of a new Earthmoves regional dataset for the East Mediterranean and North Africa region.
NVentures Earthmoves announce the release of a new Earthmoves regional dataset for the East Mediterranean and North Africa region. The entire dataset is available in both GIS and ArcGIS online. Final pre-commitment opportunity still available.
15 Jul 24
US: Honeywell to acquire Air Products' liquefied natural gas (LNG) process technology and equipment business
Honeywell has agreed to acquire Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. The acquisition will build on Honeywell's energy transition capabilities by creating an end-to-end offering for customers worldwide.
15 Jul 24
Saudi Arabia: Saipem awarded two offshore projects in Saudi Arabia worth approx. 500 million USD
Saipem has been awarded two offshore projects in Saudi Arabia, under the existing Long-Term Agreement (LTA) with Saudi Aramco. The overall amount of the two projects is approx. 500 million USD.
15 Jul 24
UK: 750 business leaders call on Labour to locate Great British Energy in Aberdeen
Some of the biggest names in Scottish business have backed a campaign to bring Great British Energy to Aberdeen. 750 business leaders have signed an open letter to Prime Minister Sir Keir Starmer calling on his government to headquarter a new state-owned energy company in the North-east.
15 Jul 24
Eni launches Eniquantic, a new venture for the technological development of quantum computing
Eni and ITQuanta have agreed to form a joint venture, Eniquantic, with the aim of developing an integrated hardware and software quantum machine capable of solving complex problems (mathematical optimisation, modelling and simulation, artificial intelligence) and initiating specific and significant quantum computing applications to support the energy transition.
15 Jul 24
Audi and bp team up with strategic partnership for Formula 1
Audi and bp are joining forces in an extensive new strategic partnership in Formula 1. As Audi prepares to enter the pinnacle of motor racing in 2026, which also marks the introduction of ground-breaking new FIA F1 Technical Regulations featuring enhanced electrification and use of Advanced Sustainable fuel, Audi and bp bring together their technical expertise and drive for innovation to help shape the future of motorsport.
15 Jul 24
UAE: ADNOC Gas awards $550 million contracts to expand UAE gas infrastructure and increase customer reach
ADNOC Gas has announced the award of engineering, procurement & construction (EPC) contracts for the next phase of the UAE sales gas pipeline network enhancement ESTIDAMA Project. Separately, ownership of ESTIDAMA is being transferred from ADNOC Gas to ADNOC.
15 Jul 24
Nordex Group announces robust order intake of 3.4 GW in the first half of 2024
In the first half of 2024 the Nordex Group secured 3,357 MW of orders in the Projects segment (excluding service business), growing by 27 percent compared to previous year’s figure. Of this amount 1,271 MW were recorded in the second quarter of 2024.
15 Jul 24
Norway: Longboat Energy completes sale of shares in Longboat Japex Norge
Longboat Energy, a Southeast Asian focused E&P company, has completed the sale of its 50.1% holding in Longboat Japex Norge to its joint venture partner Japan Petroleum Exploration ('JAPEX').
14 Jul 24
UK: Essar Energy Transition launches EET Hydrogen Power
Essar Energy Transition (EET) has announced the launch of EET Hydrogen Power, Europe’s first hydrogen-ready combined heat and power plant (CHP) to be built at its Stanlow refinery, with the aim of completing construction in 2027. The investment into building Europe’s first hydrogen ready power plant is a key part of EET’s overall $3.0 billion of energy transition initiatives in the North West of England.
14 Jul 24
UK: Ørsted successfully pilots new technology that further optimises offshore wind monopile installation
Building on existing marine life protections, Ørsted has developed a new, lower-noise installation method that could potentially revolutionise the way offshore wind foundations are installed.
14 Jul 24
UK: Highland business and civic leaders call on GB Energy to be based in the Highlands of Scotland
A group of key Highland business and organisation leaders is calling on the new Labour UK Government to locate the headquarters of the proposed GB Energy, a new publicly owned green power company, in the Highlands of Scotland.
14 Jul 24
UK: Allseas removes final Brent platform with historic lift
Allseas has announced the safe removal of Shell UK’s 31,000-tonne Brent Charlie platform topsides from the UK sector of the North Sea. Executed on 9 July, the single-lift removal of Brent Charlie by Allseas’ heavy lift vessel Pioneering Spirit, represents the heaviest offshore lift ever performed, and concludes years of engineering and planning.
14 Jul 24
UK: OEUK publishes blueprint for net zero power
Offshore Energies UK has published a new blueprint mapping out how the UK can meet the new government target of net zero power by 2030. OEUK, which represents over 400 businesses involved in energy generation from the UK continental shelf and the associated supply chain, says its members are well placed to support the transition to clean energy.
13 Jul 24
Azerbaijan: Saipem signs framework agreement with bp for offshore activities in Azerbaijan
Saipem has announced the signing of a framework agreement between BP Exploration (Caspian Sea) and a consortium composed of Saipem Contracting Netherlands, BOS Shelf and BOS Shelf International. The framework agreement entails the execution of offshore activities in the Azerbaijani waters of the Caspian Sea operating the SCV Khankendi, a state-of-the-art vessel owned by the Shah Deniz consortium and specifically designed for subsea construction.
13 Jul 24
UK: Boost for new National Wealth Fund to unlock private investment
The Government has announced new plans to align key institutions under the National Wealth Fund that will boost growth and unlock investment. The Chancellor Rachel Reeves and the Business Secretary, Jonathan Reynolds have instructed officials to immediately begin work to align the UK Infrastructure Bank and the British Business Bank under a new National Wealth Fund that will invest in the new industries of the future.
12 Jul 24
Norway: Equinor granted drilling permit for well 6610/7-3 in production licence 1014
The Norwegian Offshore Directorate has granted Equinor a drilling permit for well 6610/7-3 in production licence PL 1014. The well will be drilled by the Deepsea Atlantic semisub.
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