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29 Nov 23
Colombia: Arrow announces Q3 2023 interim results
Arrow Exploration, the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, has announced its Q3 2023 interim results. The Company recorded its strongest quarter to date. The 2023 drilling program, including the CN discovery, added significant production and reserves to the Company and established a new core area.
29 Nov 23
Morocco/UK: TotalEnergies acquires minority stake in Xlinks Morocco-UK Power Project
TotalEnergies has invested £20 million to acquire a minority stake in Xlinks First Limited, a company founded in 2019 in the United Kingdom, joining fellow investors Octopus Energy and Abu Dhabi National Energy Company (TAQA). Xlinks plans to develop a giant renewable project in Morocco (combining solar and wind) to supply green electricity to the United Kingdom.
29 Nov 23
Eni: Ravenna CCS Project joins European list of Projects of Common Interest
Eni has announced that, thanks to the admission of Callisto's integrated Carbon Capture and Storage (CCS) project to the European list of Projects of Common Interest (PCI Projects), the Ravenna CO2 storage hub, which Eni as operator is developing in a JV with Snam, will play a key role in the creation of a high-tech international value chain in the decarbonisation sector.
29 Nov 23
Harbour Energy announces trading and operations update
Harbour Energy has provided an unaudited Trading and Operations Update for the nine months to 30 September 2023. The Company has continued to maximise the value of its UK oil and gas portfolio and to progress its diversification opportunities in Mexico, Indonesia and CCS while maintaining strong cost control and capital discipline.
29 Nov 23
US: 88 Energy announces successful placement to raise A$9.9 million
88 Energy has advised that it has successfully completed a bookbuild to domestic and international institutional and sophisticated investors to raise A$9.9 million (approx. £5.16 million) before costs.
29 Nov 23
Trinidad: Trinity Exploration provides update on operations at the Jacobin oil discovery
Trinity Exploration & Production, the independent E&P company focused on Trinidad and Tobago, has provided an update on operations at its Jacobin oil discovery. Trinity safely perforated the two Lower Cruse 1 zones on 28 November 2023, ahead of the anticipated schedule of mid-December.
29 Nov 23
Panoro Energy provides Q3 2023 trading and financial update
Panoro Energy has reported strong Q3 production and financial performance. Working interest production from Panoro's well diversified portfolio averaged just above 10,000 bopd in Q3, a new record for the Company. Revenue of USD 107.3 million in the period was also a new quarterly record. Q3 EBITDA and net profit were strong at USD 64.8 million and USD 27.9 million respectively.
29 Nov 23
Finland: Aker Carbon Capture awarded feasibility study for e-fuel project in Finland
Aker Carbon Capture has been awarded an integration feasibility study for an e -fuel project in Finland. The company will investigate fully integrating one of its standardized and modularized Just Catch carbon capture units into the e-fuel process at a waste-to-energy facility.
29 Nov 23
UK: Centrica’s Rough storage facility pumps gas into grid to meet increased demand
The UK's largest gas storage facility, Rough, has released stored gas into the grid to help the UK both manage higher heating demand during the current cold weather and keep prices down. This is the first time Rough has released gas this winter.
29 Nov 23
The European Commission grants PCI status to the CO2 value chain project developed by KN with partners
The European Commission (EC) has granted the status of Project of Common Interest (PCI) to the planned liquefied carbon dioxide (CO2) capture and transportation project in Lithuania and Latvia, planned by 'Klaipedos Nafta' (KN) and its partners.
29 Nov 23
Canada: Baytex announces sale of Viking assets at Forgan and Plato
Baytex Energy has entered into a definitive agreement to sell certain of its Viking assets located at Forgan and Plato in southwest Saskatchewan, effective October 1, 2023, for $153.8 million.
28 Nov 23
Argentina: Wintershall Dea, YPF and Dow jointly explore carbon capture and storage potential in Argentina
Wintershall Dea, YPF, Argentina's national energy company, and Dow, a global materials science leader, signed a Memorandum of Understanding (MoU) to jointly assess potential carbon capture and storage (CCS) opportunities in Argentina.
28 Nov 23
UK/US: Virgin Atlantic flies world's first 100% Sustainable Aviation Fuel flight from London Heathrow to New York JFK
Virgin Atlantic's historic flight on 100% Sustainable Aviation Fuel (SAF) took off from London Heathrow to New York JFK today, marking the culmination of a year of radical collaboration, to demonstrate the capability of SAF as a safe drop-in replacement for fossil-derived jet fuel, compatible with today's engines, airframes and fuel infrastructure.
28 Nov 23
Trinidad: McDermott receives limited notice to proceed for Manatee gas development project offshore Trinidad and Tobago
McDermott has received a limited notice to proceed for an engineering, procurement, construction and installation (EPCI) contract from Shell Trinidad and Tobago for the Manatee gas field development project, located off the east coast of Trinidad and Tobago.
28 Nov 23
Australia: Solstad Offshore announces new contracts for CSV Normand Australis and AHTS Normand Sirius in Australia
Solstad Offshore has announced contract awards in Australia for two of its vessels, the CSV 'Normand Australis' and the large AHTS 'Normand Sirius'.
28 Nov 23
Norway: Axess Technologies secures caisson replacement contract with Equinor on Oseberg C
Axess Technologies has signed a caisson replacement contract with Equinor. The scope of work includes the replacement of four caissons on Oseberg C, located in the North Sea. Through a study conducted earlier in 2023, it was determined that the replacement method would be similar to what was done on the Brage platform in 2018, which saved almost 1 700 tCO2e for the client.
28 Nov 23
Eni and Open EP sign an agreement to regulate emergency gas transits
Eni and Swiss company Open Energy Platform AG have signed an agreement to guarantee the flow of gas to Switzerland and Italy in the event of interruptions or significant flow reductions from Germany.
28 Nov 23
UK: Westwood Insight – Despite sizable project pipeline, further delays could result in the UK missing CCS targets
New Westwood report reviews the UK’s 1st Carbon Storage Licensing Round results and associated projects and finds that the UK will exceed its CCS targets if all projects maintain proposed timelines. However, further delays, project cancellations or under-delivery risk targets being missed.
28 Nov 23
UK: Aberdeen University receives £250,000 investment for vital offshore wind and CCS research
Researchers at the University of Aberdeen's Centre for Energy Transition will play a key role in enabling the UK's first test and demonstration projects designed to test the ability of offshore wind and carbon capture and storage (CCS) sites to co-exist on the seabed. The University has received £250,000 in investment from The Crown Estate and Crown Estate Scotland for Project Colocate.
28 Nov 23
EnQuest announces November operations update
EnQuest has announced a November operations update. The Group has continued to deliver good production performance from its operated assets and expects full year production around the mid-point of its guidance range.
28 Nov 23
South Sudan: Zenith Energy signs South Sudan MoU
Zenith Energy has signed a Memorandum of Understanding with Nile Services and Logistics Company in the Republic of South Sudan. The objective of the MoU is to formalise the shared interest of Nile SLC and Zenith to jointly pursue business opportunities involving the construction of fuel products storage tanks, pipelines, and crude oil storage tanks in South Sudan.
28 Nov 23
PetroNor E&P announces interim financial report for the third quarter 2023
For the first nine months of 2023, the company generated revenue of USD 112.6 million, compared to USD 52.2 million in the same period of 2022. This gave an EBITDA result of USD 71.1 million for year-to-date period, compared to USD 36.1 million in the same period in 2022.
28 Nov 23
UK: Dolphin Drilling announces contract award for Borgland Dolphin in the UK
Dolphin Drilling has announced the award of a contract for Borgland Dolphin by EnQuest in the UK. The contract enables Dolphin Drilling to strategically position the Borgland Dolphin in the North Sea, where extensive, multi-year production and development well drilling and well plug and abandonment campaigns are expected to be undertaken.
28 Nov 23
Dolphin Drilling announces third quarter 2023 financial results
Dolphin Drilling has announced its unaudited results for the three and nine months ended 30 September 2023. The Company reports EBITDA of USD 4.6 million (USD 1.6 million in Q2).
28 Nov 23
US: Delfin Midstream signs long-term LNG supply agreement with Gunvor
Delfin Midstream and Gunvor Group have announced that Gunvor Singapore has entered into long-term LNG Sale and Purchase Agreement with Delfin LNG, a subsidiary of Delfin.
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