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03 Dec 24	Savannah Energy announces operational and financial update Savannah Energy, the British independent energy company focused around the delivery of Projects that Matter, has provided a financial and operational update.
02 Dec 24	US: BOEM identifies environmental measures for wind energy development in the New York Bight In support of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) has issued a Record of Decision identifying environmental measures expected to be applied to future wind energy development of the six lease areas offshore New York and New Jersey in an area known as the New York Bight.
02 Dec 24	UK: ScottishPower offers Ineos workers jobs lifeline ScottishPower issued a statement in support of workers at Ineos’s Grangemouth refinery and construction giant ISG who are facing challenging times due to potential redundancies.
02 Dec 24	Colombia: Canacol Energy provides Colombia drilling update Canacol Energy has provided an update concerning its ongoing exploration and development drilling programs in Colombia.
02 Dec 24	Ghana: Springfield E&P completes appraisal of Afina well offshore Ghana Springfield Exploration and Production and its Partners, Ghana National Petroleum Corporation (GNPC) and GNPC EXPLORCO, have announced the successful completion of the appraisal well test activity of the Afina discovery by a re-entry of the well.
02 Dec 24	QatarEnergy and Shell enter into new long-term agreement for supply of 3 MTPA of LNG to China atarEnergy and Shell have entered into a new long-term sale and purchase agreement (SPA) for the supply of three million tons per annum (MTPA) of liquefied natural gas (LNG) to China.
02 Dec 24	Sweden: RPC future-proofs 146MW Swedish wind farm with €115m refinancing Renewable Power Capital has closed a long-term refinancing of its 146MW Klevberget onshore wind farm in Sweden. The innovative refinancing package exceeds €115m – helping to future-proof the capital structure of Klevberget, which started operations in December 2023
02 Dec 24	China: CNOOC Limited brings on-stream Huizhou 26-6 Oilfield Development Project CNOOC Limited has announced that the Huizhou 26-6 Oilfield Development Project has commenced production. The project is expected to achieve a peak production of approx. 20,600 boepd in 2027. Huizhou 26-6 Oilfield Development Project is CNOOC Limited's first deep buried hill reservoir development project in the South China Sea.
02 Dec 24	UK: Trailblazing offshore energy professionals win awards at OEUK’s annual celebration An inspirational apprentice keeping his colleagues safe offshore; robotic crawlers for inspecting confined spaces and an innovative company leading the way in hydrogen hubs are just some of the people and projects to have secured accolades at the OEUK 2024 Awards ceremony.
02 Dec 24	Norway: DNO strikes oil in new play offshore Norway DNO has announced an oil discovery in license PL1086 in which the Company holds a 50 percent operated interest, with the balance held by partners Aker BP, Petoro and Source Energy. Light oil was discovered in Palaeocene sandstones of good reservoir quality with preliminary estimates of gross recoverable resources in the range of 27-57 million barrels of oil equivalent (MMboe) on a P90-P10 basis, with a mean of 41 MMboe.
02 Dec 24	Malaysia: Seascape Energy Asia announces successful Block 2A farm-out Seascape Energy has announced the successful farm-out of a 42.5% participating interest in the Block 2A Production Sharing Contract to INPEX CORP. Seascape will retain a material exposure to the Kertang prospect with net unrisked mean prospective resources of ~910 bcf and ~15 mmbbl of NGL (~166 mmboe).
02 Dec 24	Vietnam: Yinson Production and PTSC JV wins FSO contract with a subsidiary of Murphy Oil Corp for the Lac Da Vang project in Vietnam PTSC Asia Pacific, a joint venture between Yinson Production and PetroVietnam Technical Services Corp, has executed a contract for the provision, charter, operation and maintenance of the FSO vessel for the Lac Da Vang project with Murphy Oil. The FSO is expected to start operations in the Lac Da Vang field located in Block 15-1/05 offshore Vietnam in the fourth quarter of 2026.
02 Dec 24	Nigeria: Shelf Drilling secures an award for the Main Pass IV jack-up rig Shelf Drilling has announced an award for the Main Pass IV jack-up rig for operations offshore Nigeria. The firm term of the contract is approximately two years. The contract is scheduled to begin in December 2024
02 Dec 24	UK: ScottishPower and Ørsted celebrate decade of delivery in offshore wind ScottishPower Renewables and Ørsted are celebrating a decade of delivery in offshore wind as West of Duddon Sands windfarm marks its tenth year of operation.
02 Dec 24	Brazil: Petrobras announces teaser for transfer of minority stake in the Tartaruga Field in the Sergipe-Alagoas Basin Petrobras has started the teaser stage for the transfer of its 25% minority stake in the Tartaruga Field, located in the town of Pirambu-SE, in shallow waters of the Sergipe-Alagoas Basin, operated by SPE Tiêta (Petrorecôncavo).
02 Dec 24	Shearwater announces third quarter 2024 results Shearwater reports revenues of USD 178.7 million compared to USD 267.3 million in Q3 2023, EBITDA of USD 50.6 million compared to USD 86.0 million in Q3 2023, EBIT of USD 13.6 million compared to USD 52.7 million in Q3 2023. Vessel utilisation of 61% (11.1 active vessels), compared to 75% in Q2 2023 (13.6 active vessels). Continued high tendering activity resulting in several awards in Q4 2024 and backlog currently at around USD 360 million.
02 Dec 24	India: Shearwater Geoservices awarded large 2D seismic project offshore India Shearwater Geoservices has been awarded a contract for a large-scale 2D seismic survey on the continental shelf margin off the west coast of India. The project will span 15,500 line-kilometres. SW Thuridur will be conducting this 2D seismic survey for approx. five months, starting in Q4 2024.
02 Dec 24	Colombia/Argentina: Interoil announces production report for Q3 2024 Interoil’s total operated production for the first nine months of 2024 was 551,140 barrels of oil equivalent (boe), a decrease from 698,659 boe in the same period of 2023. Operations in 2024 were impacted by downhole equipment failure at the Vikingo well and harsh winter conditions in Argentina. These challenges resulted in revenues of USD 13.5 million, down from USD 16.4 million in the prior year.
02 Dec 24	UK: Scotland’s hydrogen export strategy can open doors worth £93 billion worldwide Leading trade body, Offshore Energies UK (OEUK) says Scotland’s new hydrogen export strategy can build on the nation’s industrial strengths and unlock a £93 billion export opportunity if firms are now backed with a clear action plan to attract investment and talent.
02 Dec 24	Panoro Energy – Equatorial Guinea operations update: Akeng Deep result and second infill well onstream Panoro Energy has confirmed that drilling of the S-6 ('Akeng Deep') exploration well at Block S offshore Equatorial Guinea has concluded. The well did not result in a commercial discovery. At Block G, first oil from the Okume infill well was achieved mid-November with production ramp-up ongoing.
02 Dec 24	Namibia: Galp completes Mopane-1A appraisal well in PEL83 Galp (80%, operator), together with its partners NAMCOR and Custos (10% each), has successfully drilled, cored and logged the Mopane-1A appraisal well (Well #3) in PEL83. The appraisal well encountered light oil and gas-condensate in high quality reservoir-bearing sands, confirming the extension and quality of AVO-1.
02 Dec 24	Colombia: GeoPark announces exclusive binding agreement to acquire Repsol exploration and production assets in Colombia GeoPark, a leading independent energy company with over 20 years of successful operations across Latin America, has announced that the Company has signed Sale and Purchase Agreements (SPAs) to acquire Repsol upstream oil and gas assets in Colombia.
02 Dec 24	Norway: OKEA completes sale of 15% WI in the Yme license to Lime Petroleum OKEA has completed the sale of 15% WI in the Yme license to Lime Petroleum for a post-tax cash consideration of USD 15.65 million. In addition, Lime will pay OKEA a post-tax consideration of USD 9.2 million in 2027 upon completion of four pre-defined stages of abandonment of the field.
02 Dec 24	Zimbabwe Petroleum Production Sharing Agreement review completed in preparation for execution Invictus Energy has announced that the independent review of the Petroleum Production Sharing Agreement ('PPSA') has been submitted by external European legal counsel. Finalisation of t he PPSA now expected in coming weeks in preparation for execution.
29 Nov 24	UK: Sofia Offshore Wind Farm creating economic value for UK businesses and communities An important new study commissioned by RWE on the socio-economic impacts of its flagship Sofia offshore wind farm project, spotlights the significant value it is creating for communities across the UK. Located 195 kms off the North East coast of England on Dogger Bank, the 1.4 gigawatts (GW) Sofia offshore wind farm project is poised to become one of the UK’s largest operational renewable energy assets.