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10 Jul 24	Norway: OKEA announces second quarter 2024 trading update OKEA has provided a trading update ahead of its financial report for the second quarter, which will be published 17 July 2024. The update summarises production and sales volumes and related topics and updates for the quarter.
10 Jul 24	US: Union Jack Oil announces spudding of Andrews 2-17 well - West Bowlegs Oklahoma, USA Union Jack Oil, a UK and USA focused onshore hydrocarbon production, development and exploration company, has been informed by the Operator, Reach Oil & Gas Company that the Andrews 2-17 well, located in Seminole County, Oklahoma, USA, has been spudded.
10 Jul 24	Aker Carbon Capture announces second quarter 2024 results In the second quarter, Aker Carbon Capture finalized a joint venture with SLB. The JV strategically combines technology portfolios, expertise, and operational platforms to support accelerated carbon capture adoption for industrial decarbonization at scale.
10 Jul 24	Iraq: DNO powers on in Kurdistan DNO, the Norwegian oil and gas operator, has celebrated the 20th anniversary of the signing of its first production sharing contracts in the Kurdistan region of Iraq. These contracts, signed in mid-2004, marked the start of a journey that has created a modern oil industry in Kurdistan, helped transform the local economy and catapulted DNO into the ranks of the largest European exploration and production companies.
10 Jul 24	US: 1PointFive announces agreement to sell 500,000 metric tons of Direct Air Capture carbon removal credits to Microsoft 1PointFive, a carbon capture, utilization and sequestration (CCUS) company, has entered into an agreement with Microsoft to sell 500,000 metric tons of carbon dioxide removal (CDR) credits over six years to support Microsoft’s carbon removal strategy.
09 Jul 24	US: Ørsted closes acquisition of Eversource’s share of Sunrise Wind Further to the announcement from 24 January 2024, and following the successful award of Sunrise Wind in the New York 4 solicitation for offshore wind capacity, Ørsted has now completed the acquisition of Eversource’s 50% share of Sunrise Wind, a 924 MW offshore wind farm located off the coast of New York.
09 Jul 24	UK: Green energy industry has 10 quick wins for UK Government, trade body says During its first 100 days in power, the new UK Government has a golden opportunity to take advantage of 10 quick wins available in renewable energy that will accelerate economic growth and reduce energy costs, according to leading industry body Scottish Renewables.
09 Jul 24	UK: Annual Consents Exercise gets underway - NSTA The Annual Consents Exercise (ACE) which sets limits on North Sea flaring and venting and helps to improve the UK’s energy position has got underway. Consents set minimum and maximum production limits for each field, and ensure, among other things, that reservoirs are appropriately managed and support the drive to net zero and the management of UK resources.
09 Jul 24	UK: Carbon Dioxide Appraisal and Storage Licence: licence transfer and change in control approach The North Sea Transition Authority (NSTA) has published its approach to applications for consent to a transfer of a carbon dioxide appraisal and storage licence, or change of control of a corporate entity.
09 Jul 24	UK Government must accelerate renewable energy deployment, Scotland's green energy supply chain says Scottish Renewables has joined forces with 67 organisations, representing approximately 20,000 jobs from across the renewable energy industry, in an appeal to the new UK Government to accelerate the deployment of renewable energy projects.
09 Jul 24	Trinidad: Shell boosts LNG business with Manatee FID in Trinidad and Tobago Shell Trinidad and Tobago, a subsidiary of Shell, has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago. Manatee will allow Shell to competitively grow its Integrated Gas business by building on development efforts in the ECMA, one of the country’s most prolific gas-producing areas.
09 Jul 24	Egypt: TAG Oil provides flow test and production update for BED4-T100 horizontal well TAG Oil has announced that it is continuing to produce oil and unload fracture fluid from the BED4-T100 ('T100') horizontal well in the Badr-1 oil field in the Western Desert of Egypt, and has commenced shipping the crude oil for further treating and handling.
09 Jul 24	Norway/UK: SBM Offshore and Ocean-Power sign Partnership Agreement for offshore power generation concept with CO2 capture and storage SBM Offshore and Ocean-Power have announced the signing of a Memorandum of Understanding with the intent to collaborate on a floating power generation hub with CO2 capture and storage. The purpose of the partnership is to assess the technical feasibility and commercial readiness to collaborate on the concept, exclusive to the Norwegian Continental Shelf and United Kingdom Continental Shelf.
09 Jul 24	Netherlands: SSE and partners move forward with development of 2GW offshore wind farm in the Netherlands SSE with its joint venture partner APG (acting on behalf of Dutch pension fund ABP) has confirmed it is moving forward with the 2GW Alpha offshore wind tender site (SSE share 50%) in the IJmuiden Ver Wind Farm Zone in the Netherlands. Subject to reaching a Final Investment Decision (FID), expected by late 2025, the wind farm would be commissioned by the end of the decade.
09 Jul 24	US: Zephyr Energy commences State 36-2R well production test Zephyr Energy, the Rocky Mountain oil and gas company, has announced the commencement of the well production test on the State 36-2R LNW-CC well at the Company's flagship project in the Paradox Basin, Utah. The well is currently flowing both natural gas and condensate, and the Company is encouraged by initial results.
09 Jul 24	BP announces second quarter 2024 trading statement BP has announced a Trading Statement providing a summary of BP’s current estimates and expectations for the second quarter of 2024, including data on the economic environment as well as group performance during the period.
09 Jul 24	Australia: Shell awards Wood major engineering contract for world’s largest floating offshore gas facility Wood has secured a six-year contract to provide brownfield engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility in Western Australia.
09 Jul 24	Canada: PETRONAS gears up for LNG Canada start-up with three new energy-efficient LNG vessels With the anticipated start-up of LNG Canada, PETRONAS recently named three new energy-efficient liquefied natural gas (LNG) vessels which were built primarily for deliveries from North America to its customers.
08 Jul 24	Mexico: Eni announces a new discovery offshore Mexico Eni has announced a new discovery on the Yopaat-1 EXP exploration well in Block 9, approx. 63 kms off the coast in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico. The preliminary estimates indicate a discovered potential of around 300-400 million barrels equivalents (Mboe) of oil and associated gas in place.
08 Jul 24	Australia: EOG Resources Beehive multi-well exploration drilling program open for comment EOG Resources Australia Block WA-488 is the titleholder of exploration permit WA-488-P, located in Commonwealth marine waters of the Joseph Bonaparte Gulf approx. 77 kms off the Western Australian coastline. EOG proposes to drill up to three wells, exploration and/or appraisal, into the Beehive structure within a defined activity area approx. 45 sq kms in size.
08 Jul 24	UK: CCSA welcomes new Labour Government and commits to delivering CCUS Clusters The Carbon Capture and Storage Association (CCSA) congratulates Prime Minister Keir Starmer and his Party on their election victory. The CCSA, the leading trade association accelerating the commercial deployment of CCUS, looks forward to working with the new Government to build the UK’s first Carbon Capture, Utilisation & Storage (CCUS) clusters.
08 Jul 24	US: Devon Energy announces strategic acquisition in the Williston Basin Devon Energy has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction valued at $5 billion, consisting of $3.25 billion of cash and $1.75 billion of stock to the sellers.
08 Jul 24	Kent reports over $1 billion in new contracts for H1 2024 Kent, a leading global provider of engineering and consultancy services, has secured 1.2 billion USD in new contracts in the first half of 2024. This achievement underscores the company's strong market presence and its continued growth across multiple regions worldwide.
08 Jul 24	Namibia: ReconAfrica announces the spud of the Naingopo exploration well onshore Namibia Reconnaissance Energy Africa (ReconAfrica) and its joint venture partner NAMCOR (the state oil company of Namibia), have announced the spudding of the Naingopo exploration well on Petroleum Exploration Licence 73, onshore northeast Namibia. The Company continues to progress the farm out joint venture process which it expects to conclude soon.
08 Jul 24	Norway: Equinor starts production from Kristin South Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge have started production from the first Lavrans well in the Kristin South area on 7 July. The partnership submitted the plan for development and operation (PDO) of the Lavrans and Kristin Q discoveries as satellites to the Kristin field in 2021. This is the first phase of the Kristin South project.