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09 Apr 24
Upgraded Argeo Venture starts transit for TotalEnergies project in West Africa
Argeo Venture has completed its conversion upgrade in Norway and started the transit April 7th towards West-Africa for a project with international energy company TotalEnergies. The project is progressing according to plan and both the 90-meter-long vessel and the Hugin Superior AUV has completed its sea trials and is currently in transit.
09 Apr 24
EuroGreen Maritime secures seven-year charter with Equinor for four advanced hybrid battery / dual-fuel methanol tankers with wingsails
EuroGreen Maritime, a pioneering French shipping company at the forefront of sustainable maritime solutions, has solidified its commitment to environmental excellence by entering into a seven-year charter agreement for four vessels with Equinor.
09 Apr 24
South Africa: Nordex Group receives orders for 295 MW from EDF Renewables in South Africa
EDF Renewables has placed orders with the Nordex Group for two wind energy projects in South Africa. The Korosun 2 cluster, consisting of the Umsobomvu and Hartebeesthoek projects, will comprise 50 N163/5.X turbines with a total capacity of 295 MW.
09 Apr 24
PGS announces Q1 2024 update
Based on a preliminary review, PGS expects to report Revenues and Other Income according to IFRS for Q1 2024 of approx. $217 million, compared to $143.1 million in Q1 2023. The Company expects Produced Revenues for Q1 2024 of approx. $223 million, compared to $172.2 million in Q1 2023.
09 Apr 24
TGS announces Q1 2024 revenue update
Based on preliminary reporting from operating units, management of TGS expects IFRS revenues for Q1 2024 to be approx. USD 152 million, compared to USD 173 million in Q1 2023.
09 Apr 24
Borr Drilling awarded contracts for three jack-up rigs
Borr Drilling has announced new contract commitments for three of its premium jack-up rigs, the 'Prospector 1', the 'Gunnlod', and a rig to be determined. The commitments total 820 days and $158.6 million in contract revenue, inclusive of mobilization and demobilization compensation.
08 Apr 24
Turkey: Trillion Energy provides operational update for SASB gas field
Trillion Energy International has provided an operational update for the SASB gas field. Trillion is starting the SASB revitalization project where a total of 49 metres of new gas pay will be perforated in Guluc-2, South Akcakoca-2, West Akcakoca-1 and Akcakoca-3 prior to the installation of the artificial gas lift.
08 Apr 24
GoM: LLOG Exploration discusses recent accomplishments and provides operational update for 2024
LLOG Exploration, a privately-owned exploration and production company focused on the deepwater Gulf of Mexico, has provided an operational update. The Company continues to execute its strategy of developing deepwater GOM projects in core areas.
08 Apr 24
UK: AREG and Aberdeen City Council partner to propel offshore wind renewables with £45,000 UKSPF Shared Prosperity Funding
Aberdeen Renewable Energy Group (AREG) has launched its latest innovative project, the ‘Enhancing Offshore Wind Renewables through Digital Innovation’ initiative, in partnership with Aberdeen City Council. The project focuses on delivering tailored expert advice, leadership support, and networking opportunities to help digital technology SMEs transition seamlessly into the offshore wind sector.
08 Apr 24
Ørsted and Cadeler sign long-term agreement for offshore wind installation vessel capacity
Ørsted and Cadeler have signed a firm long-term lease agreement for a newbuilt Wind Farm Installation Vessel. With the agreement, Ørsted secures installation vessel capacity from Q1 2027 to end of 2030 for upcoming construction projects.
08 Apr 24
Algeria: TotalEnergies expands its partnership with SONATRACH in Timimoun region and in the marketing of LNG
TotalEnergies and SONATRACH have signed a Memorandum of Understanding with the aim of concluding a hydrocarbon contract in the north-east Timimoun region. The MoU outlines a work program for the appraisal and development of gas resources in the North-East Timimoun region, in synergy with existing processing facilities for production from the Timimoun field, to reduce costs and emissions.
08 Apr 24
Expro report highlights progress unlocking energy answers of tomorrow
Expro, a leading provider of energy services, has published its latest sustainability report, highlighting the Company’s achievements in 2023 along with the progress it has made during that time working toward its near- and long-term environmental, social and governance (ESG) objectives.
08 Apr 24
US: TotalEnergies expands its natural gas production in Texas
TotalEnergies has agreed to acquire the 20% interest held by Lewis Energy Group in the Dorado leases operated by EOG Resources in the Eagle Ford shale gas play, increasing its natural gas production capacity in Texas and further strengthening its business integration in the U.S. LNG value chain.
08 Apr 24
UK: Goodtech continues to digitalise offshore wind
Goodtech has announced the award of a pre-feed study by Green Volt Offshore Windfarm, set to be Europe’s first commercial-scale floating wind farm. When completed, Green Volt will provide up to 560 MW of renewable energy capacity. The project will deliver electricity to oil and gas platforms, replacing power currently generated by gas and diesel turbines. Green Volt will also provide electricity to the UK grid.
08 Apr 24
Australia: Beach Energy provides Waitsia Stage 2 update
Beach Energy has provided an update in relation to Waitsia Stage 2. As communicated at Beach’s FY24 half year results, the Waitsia Joint Venture had identified quality issues during pre-commissioning of systems at the Waitsia Gas Plant.
08 Apr 24
PGS receives letter of award for a large 3D contract offshore South Atlantic margin
PGS has received a letter of award for a large 3D contract offshore South Atlantic margin from a multiclient company. A Ramform Titan-class vessel is scheduled to commence mobilization in June, with a forecast acquisition duration of up to 300 days.
08 Apr 24
US: Union Jack Oil announces Andrews 1-17 drilling update
Union Jack Oil, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company, has announced a positive drilling update in respect of the Andrews 1-17 well, to test the West Bowlegs Prospect, located in Seminole County, Oklahoma, United States in which Union Jack holds a 45% working interest.
08 Apr 24
Norway: Aker Solutions signs Brasse contract
Aker Solutions has been awarded a sizeable EPCIC-contract for the Brasse tieback project for OKEA. Brasse will be developed as a subsea tieback to Brage and will utilize the existing processing capacity on the platform, where the first production started in 1993.
08 Apr 24
Norway: OKEA makes final investment decision for the Brasse development
OKEA, in collaboration with its partners, has announced that the final investment decision (FID) has been made for the Brasse development. The field is estimated to contain 24 million barrels of oil equivalent gross in recoverable reserves and will be developed as a tie-back to the Brage field.
08 Apr 24
Norway: Aker BP has announced preliminary production and sales figures for the first quarter 2024
Aker BP has announced its preliminary production and sales figures for the first quarter 2024. The Company's equity production for the period was 448.0 thousand barrels of oil equivalents per day (mboepd).
08 Apr 24
Brazil: Seacrest Petroleo and PetroReconcavo enter strategic drilling services partnership
Seacrest Petroleo and PetroReconcavo have entered into a drilling rig services partnership. Under this strategic partnership, PetroReconcavo has mobilised a drilling rig to commence drilling by the end of April. This allows Seacrest Petroleo to accelerate the restart of its 300-well infill drilling program, the largest onshore Brazil, leveraging the track-record of the most experienced onshore drilling capability in Brazil.
08 Apr 24
Australia: Angel CCS JV to collaborate with Yara Pilbara on carbon capture and storage
The Angel CCS Joint Venture will collaborate with Yara Pilbara Fertilisers to study the feasibility of using carbon capture and storage to decarbonise Yara Pilbara’s existing operations near Karratha in Western Australia. The Woodside Energy-operated Angel CCS Joint Venture is proposing to develop a large-scale, multi-user CCS hub with the potential to help Australian and international industry decarbonise.
08 Apr 24
Canada: Baker Hughes to supply electric driven liquefaction technology for Cedar LNG project
Baker Hughes, an energy technology company, has been awarded an order from Black & Veatch, a global engineering, construction and consulting leader, to supply Cedar LNG in Canada with electric driven liquefaction technologies.
08 Apr 24
Yinson Production holds naming ceremony for FPSO Maria Quitéria
Yinson Production has officially named FPSO Maria Quitéria during a grand naming ceremony held at Cosco Shipping Heavy Industry (Shanghai) Shipyard in China on 3 April 2024. The FPSO will be deployed in the Jubarte field as part of the Parque das Baleias Integrated Project offshore Brazil for Petrobras under a 22.5-year lease.
08 Apr 24
Qatar: Craig International underlines growth in the Middle East with new contract win
Craig International’s rapid growth in the Middle East has been underpinned by a recent contract win with QatarEnergy LNG, formerly Qatargas. The procurement specialists to the energy industry secured the contract, to source and supply products and services for maintenance, repair, and operations (MRO).
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