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05 Mar 25
Italy: Plenitude and Infrastrutture S.p.A. announce the start of production of a 37 MW agri-voltaic plant in Montalto di Castro
Plenitude and Infrastrutture S.p.A., through the joint venture Hergo Renewables, have completed the construction of a new 37 MW agri-voltaic plant in the municipality of Montalto di Castro (Viterbo), Lazio.
05 Mar 25
Shearwater and TotalEnergies enter into a 3-year firm global marine seismic capacity reservation agreement
Shearwater Geoservices and TotalEnergies have signed a three-year firm capacity reservation agreement ('CRA') for worldwide marine seismic streamer acquisition services.
04 Mar 25
Nigeria: TDI-Brooks completes 2DHR geophysical survey project off Nigeria
TDI-Brooks has recently secured a contract with Compass Survey Limited to conduct a series of 2D Ultra High-Resolution (2DUHR) seismic site surveys and pipeline route assessments for SPDC offshore Nigeria.
04 Mar 25
UK: High demand expected for business meetings at OEUK Share Fair 2025
Supply chain companies keen to meet key decision makers to discuss business opportunities in the offshore energy sector can now book one-to-one appointments at OEUK’s Share Fair at P&J Live in Aberdeen on March 19.
04 Mar 25
Carbon capture cost reduction pathway set out in new report
The Carbon Capture and Storage Association (CCSA) publishes cost reduction recommendations, following the Climate Change Committee’s Seventh Carbon Budget Advice, which made clear there is no route to net zero without CCUS.
04 Mar 25
Ireland: SSE commits to delivering next generation of power at historic Tarbert site
SSE Thermal, part of the integrated energy group SSE plc, has taken a final investment decision to build Tarbert Next Generation Power Station. The 300MW plant in County Kerry will run on 100% sustainable biofuels with the potential to convert to hydrogen, reflecting SSE Thermal’s commitment to supporting the electricity system in Ireland while laying the foundations for a low-carbon future.
04 Mar 25
Shell announces changes to the Executive Committee
In line with its ongoing transformation, Shell has announced further changes to its Executive Committee and leadership structure to support its strategy to deliver more value with less emissions.
04 Mar 25
Taiwan: TotalEnergies and partners inaugurate 640 MW Yunlin Wind Farm in Taiwan
TotalEnergies and its partners announced the successful inauguration of the Yunlin offshore wind farm in Taiwan, which is now fully operational and generating renewable electricity at its planned capacity of 640 MW.
04 Mar 25
UK: Orcadian Energycompletes sale of 50% in HALO Offshore UK
AIM-listed Orcadian Energy has completed the sale of 50% of the ordinary shares of HALO Offshore UK to The Independent Power Corporation. Orcadian and IPC intend to seek production acquisition opportunities for HALO with a preference for low-emissions, non-operated, gas producing licences.
04 Mar 25
US: Nostra Terra Oil and Gas announces completion of £500,000 fundraise
AIM-listed Nostra Terra, the international oil & gas exploration and production company with development and production assets in Texas, USA, has announced a successful fundraise of £500,000 for the progression of the Company's major operational program at the Pine Mills licence in East Texas.
04 Mar 25
US: Union Jack Oil provides update on Moccasin 1-13 well, Pottawatomie County, Oklahoma, USA
Union Jack Oil, a USA and UK focused onshore hydrocarbon production, development, exploration and investment company, has announced a positive update on the testing of the Moccasin 1-13 well, located in Pottawatomie County, Oklahoma, USA. Moccasin has been declared a commercial discovery.
04 Mar 25
Norway: OKEA confirms discovery in Mistral exploration well
OKEA has announced a discovery in the Equinor-operated PL1119 Mistral exploration well 6406/6-7S located in the southern Norwegian sea. Preliminary estimates of recoverable oil equivalents are between 3 and 7 million standard cubic meters (MSm3), corresponding to 19 and 44 million barrels.
04 Mar 25
US: Baker Hughes, Frontier Infrastructure announce partnership to accelerate development of Carbon Capture and Storage Data Center Projects in the US
Baker Hughes, an energy technology company, and Frontier Infrastructure, a Tailwater Capital portfolio company and a leading developer of low-carbon infrastructure across the U.S. Mountain West and Texas, have announced a strategic partnership to accelerate the deployment of large-scale carbon capture and storage (CCS) and power solutions in the U.S.
04 Mar 25
Indonesia: Medco Energi announces hydrocarbon discovery at West Kalabau-1 exploration well
Medco Energi has made a hydrocarbon discovery at the West Kalabau-1 exploration well, located in the Rimau Block, South Sumatra, Indonesia.
04 Mar 25
UAE/Austria: ADNOC and OMV to create $60+ billion global polyolefins champion
ADNOC and OMV have agreed terms of a binding Framework Agreement regarding the proposed combination of shareholdings in Borouge and Borealis. The combination of Borouge and Borealis will create Borouge Group International, with new entity to acquire Nova Chemicals for $13.4 billion, establishing the world’s fourth-largest polyolefins player.
04 Mar 25
Brazil: Nordex Group receives order in Brazil from Auren Energia for 112 MW
Brazil-based energy holding company Auren Energia has commissioned the Nordex Group to supply and install 19 N163/5.X turbines. The turbines are destined for the Cajuína 3 wind farm which is part of the Cajuína Wind Complex in the state of Rio Grande do Norte in the municipality of Lajes.
03 Mar 25
Canada: RES closes development and begins construction of Nova Scotia’s largest wind farm
RES, the world’s largest independent renewable energy company, has completed the development phase and has begun construction of the Goose Harbour Lake Wind Farm in Nova Scotia for Port Hawkesbury Paper Wind Ltd (PHPW).
03 Mar 25
Germany set to secure energy independence, but narrowly miss climate target - DNV
For the first time DNV has applied its independent Energy Transition Outlook model - incorporating the latest technology trends and policy developments - to Germany.
03 Mar 25
Poland: ORLEN and Equinor to collaborate on CCS technology
ORLEN, in partnership with Norway’s Equinor – one of Europe’s largest energy companies – will explore opportunities within Carbon Capture & Storage (CCS) technology. The management boards of both companies have just signed a collaboration agreement, its scope covering the transport and storage of carbon dioxide (CO2) in Poland.
03 Mar 25
Xodus acquires Daymark Energy Advisors to expand its power networks capabilities
Global energy consultancy Xodus has acquired Daymark Energy Advisors to expand its power networks capabilities across international energy transition projects.
03 Mar 25
Brazil: Nordex Group receives order in Brazil from Auren Energia for 112 MW
Brazil-based energy holding company Auren Energia has commissioned the Nordex Group to supply and install 19 N163/5.X turbines. The turbines are destined for the Cajuína 3 wind farm which is part of the Cajuína Wind Complex in the state of Rio Grande do Norte in the municipality of Lajes.
03 Mar 25
Thailand: Valeura Energy announces successful completion of an infill drilling campaign at the Manora field
Valeura Energy has announced the successful completion of an infill drilling campaign at the Manora field in Licence G1/48, offshore Gulf of Thailand. Valeura drilled a five well programme, comprised of three production-oriented infill development wells and two appraisal wells.
03 Mar 25
UK: Jersey Oil and Gas announces corporate update
AIM-listed Jersey Oil & Gas, an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, has provided a corporate update regarding the Buchan Horst development project and the pursuit of UK producing asset acquisitions that accelerate monetisation of the Company's sizeable existing tax allowances.
03 Mar 25
Energean signs term loan for $750 million
Energean has announced, following the update provided in its January Trading Statement & Operational Update on 23 January 2025, that Energean Israel has signed a 10-year, senior-secured term loan with Bank Leumi as the Facility Agent and Arranger for $750 million.
03 Mar 25
Cote d'Ivoire: VAALCO Energy acquires 70% interest in and becomes operator of offshore Côte D’Ivoire CI-705 Block
VAALCO Energy has farmed into the CI-705 block offshore Côte d’Ivoire. Vaalco will become operator of the block with a 70% working interest and a 100% paying interest though a commercial carry arrangement and is partnering with Ivory Coast Exploration Oil & Gas SAS and PETROCI. The CI-705 block is located in the prolific Tano basin and is approx. 70 kms to the west of Vaalco’s CI-40 Block, where the Baobab and Kossipo oil fields are located, and 60 km west of ENI’s recent Calao discovery.
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