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07 Mar 23
Egypt: SDX Energy announces reconstitution of South Disouq disposal transaction
SDX Energy has announced that, at the request of the Egyptian Natural Gas Holding Company ('EGAS'), its wholly owned subsidiary, Sea Dragon Energy (Nile) B.V., and Energy Flow Global Limited ('EFGL') have reconstituted the transaction announced on 1 February 2022.
07 Mar 23
Morocco: Predator Oil & Gas provides update on the proposed testing of the MOU-1 well
Predator Oil & Gas has announced an update on the proposed testing of the MOU-1 well drilled and completed in 2021 in the area of the the Guercif Petroleum Agreement onshore Morocco.
07 Mar 23
Ireland: Europa Oil & Gas publishes results of an emissions report for possible gas development on Irish offshore Licence FEL 4/19
Europa Oil & Gas has published on the Company's website a third-party report that details the results of a study which calculated the emissions associated with the development of a future 1 TCF indigenous gas discovery on its Irish offshore Licence FEL 4/19.
07 Mar 23
PNG: Papua LNG joint venture launches fully-integrated FEED for the Papua LNG project
Santos has announced the Papua LNG joint venture has launched fully-integrated front-end engineering and design (FEED) for the Papua LNG project in Papua New Guinea.
07 Mar 23
Brazil: Petrobras and Equinor sign agreement to evaluate seven offshore wind projects in Brazil
Petrobras and Equinor have signed a letter of intent that expands the cooperation between the two companies to assess the technical, economic, and environmental feasibility of seven offshore wind power generation projects off the Brazilian coast with the potential to generate up to 14.5 GW.
07 Mar 23
Reelwell announces frame agreement with Equinor to supply DualLink Powered and Wired drill pipe
Reelwell has announced the signing of a frame agreement with Equinor to provide DualLink™ Powered and Wired drill pipe for their operations, ahead of installing and operating the system at their Oseberg field.
07 Mar 23
PETRONAS and JOGMEC to cooperate in energy transition initiatives
PETRONAS has signed a Memorandum of Cooperation (MoC) with Japan Organization for Metals and Energy Security (JOGMEC) to cooperate in energy transition initiatives towards achieving respective energy transition and decarbonisation targets.
07 Mar 23
US: World’s first large-scale direct air capture plant to use Siemens Energy equipment
Siemens Energy compressors will be used at Occidental’s first large-scale Direct Air Capture (DAC) plant in Texas’ Permian Basin developed by 1PointFive, a subsidiary of Occidental. The two compressor packages will enable the plant to capture up to 500,000 metric tons of CO2 per year when fully operational.
06 Mar 23
Canada: International Petroleum announces completion of acquisition in Suffield Area, Alberta, Canada
International Petroleum Corp (IPC) has announced completion of the acquisition of oil and gas assets in the Suffield area, southern Alberta on the terms as previously announced on February 6, 2023. The acquisition comprises almost 16 million barrels of oil equivalent (boe) of proved plus probable (2P) reserves adjacent to the Company's existing Suffield area assets in Alberta.
06 Mar 23
Spain/Portugal: Iberdrola and bp sign a strategic alliance to accelerate the deployment of electric mobility
Iberdrola and bp have signed a strategic collaboration agreement aiming to help accelerate the decarbonisation of transport. Plan to invest up to €1bn in deploying up to 11,000 fast-charge points across Spain and Portugal, rapidly expanding charging infrastructure to support EV growth.
06 Mar 23
US: Bayou Bend expands carbon capture project to onshore Southeast Texas
Bayou Bend CCS, a carbon capture and sequestration project located along the Texas Gulf Coast, has announced an expansion of its carbon dioxide ('CO2') storage footprint through the acquisition of nearly 100,000 acres onshore in Chambers and Jefferson Counties, Texas. The increased acreage positions Bayou Bend to be one of the largest carbon storage projects in the United States.
06 Mar 23
Norway: Five companies have applied for CO2 storage acreage on the Norwegian shelf
The Norwegian Ministry of Petroleum and Energy (MPE) has received applications from five companies in connection with the announcement of an area in the North Sea for potential storage of CO2 on the Norwegian shelf.
06 Mar 23
Valaris announces contract awards and updated guidance
Valaris has announced new contracts awarded subsequent to issuing the Company’s most recent fleet status report, including a three-year contract with Petrobras for drillship VALARIS DS-8, which will be reactivated for the contract.
06 Mar 23
Guyana: Shell, Chevron and Petrobras consider Guyana oil auction bids
Guyana’s auction of offshore oil exploration blocks has lured at least 10 companies including Shell, Petrobras and Chevron, to consider the decade’s hottest oil region, people close to the matter said, according to Reuters. Guyana launched its First Licensing Round for offshore oil and gas blocks on December 9 2022. Bids are to be submitted on 14th April 2023, and contract awards are expected by 31st May 2023.
06 Mar 23
Orsted joins Global Offshore Wind Alliance to help governments reach full potential of offshore wind
Ørsted becomes the first energy company to join the Global Offshore Wind Alliance (GOWA) to support a faster deployment of offshore wind and create a global community of action.
06 Mar 23
Namibia: Shell makes another discovery offshore Namibia
JV partner QatarEnergy has announced a light oil discovery in the Jonker-1X deep-water exploration well drilled by Operator Shell in the PEL-39 Exploration License, offshore Namibia. The Jonker-1X deep-water well is located 270 km offshore Namibia.
06 Mar 23
Poland: TotalEnergies invests in renewable energies with biogas and solar projects
TotalEnergies is developing its renewable activities in Poland by acquiring the country’s main biogas producer, Polska Grupa Biogazowa (PGB), and a 200-megawatt (MW) development pipeline of solar projects.
06 Mar 23
Germany: More power, more green electricity: RWE renews three wind farms
RWE has been awarded three projects in the German Federal Network Agency’s auction for onshore wind. The company will renew existing wind farms in Lower Saxony and North Rhine-Westphalia and replace them with modern turbines.
06 Mar 23
UK: RWE appoints local Humber based firm to commence Grimsby Hub construction works
RWE has appointed Humber-based firm Hobson & Porter to complete the construction of its new state-of-the-art operations & maintenance facility known as the Grimsby Hub. The multi-million pound contract includes an extension to the existing Triton Knoll Offshore Wind Farm operations base located at Grimsby’s Royal Dock
06 Mar 23
Turkey: UK Oil & Gas provides update on Pinarova-1 well
UK Oil & Gas (UKOG) has announced that further to its Pinarova-1 release of 1st March 2023, the Company is now in possession of Turkey's General Directorate of Mining & Petroleum Affairs' ('GDMPA') formal written consent covering the Pinarova-1 exploration well's geological and technical objectives and design.
06 Mar 23
US: Pantheon Resources provides operational and corporate update
Pantheon Resources has provided an update on the Alkaid-2 well - the Company's first horizontal well on the Alaska North Slope.
06 Mar 23
Iraq: Genel Energy receives payments for KRI oil sales
Genel Energy has announced that payment has been received from the Kurdistan Regional Government (‘KRG’) relating to Tawke PSC sales during September 2022.
06 Mar 23
UK: IOG confirms Blythe H2 well spud
IOG confirms that the Blythe H2 well has spudded. The Blythe H2 well has the potential to significantly enhance current production levels, reduce water production into the pipeline and minimise associated opex. It also has fast payback potential and will enable IOG to boost cash flow from mid-2023
06 Mar 23
UAE: Eni and ADNOC sign strategic agreement to accelerate emissions reduction and strengthen cooperation in clean energy and sustainability sectors
signed today an MoU which outlines a framework of cooperation for future joint projects on energy transition, sustainability and decarbonization.
06 Mar 23
Australia: Empire Energy announces Beetaloo operations update - solid progress being made towards commercialisation
Empire Energy is encouraged by the stabilised flow rates achieved at C-2H. At this stage, the rates appear to exceed thresholds that others in the Beetaloo have proposed as being commercial. The result has significantly de-risked EP187 and propels the Company towards a final investment decision on its pilot project later this year.
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