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10 Dec 20
Germany: Orsted and Amazon sign Europe’s largest offshore wind corporate power purchase agreement
Amazon, the technology company based in Seattle, Washington, has signed a 10-year corporate power purchase agreement with Ørsted, the world-leader in offshore wind, to offtake the output of 250MW from Ørsted's planned 900MW Borkum Riffgrund 3 offshore wind farm in Germany.
10 Dec 20
Eni links its financial instruments to the United Nations Sustainable Development Goals
Eni has signed sustainable financial agreements with leading banks for a total amount of Euro 4.35 billion linked to the achievement of the United Nations Sustainable Development Goals (SDGs).
10 Dec 20
UK: Industry unites to celebrate best and brightest amid challenging year
The winners of OGUK’s Awards 2020 were honoured in virtual style as industry came together to watch the ceremony digitally for the first time ever. A total of 27 finalists, from more than 90 entrants, contended for the ten awards presented at the event.
10 Dec 20
BP and Amazon deepen their successful relationship
bp and Amazon have agreed to extend their longstanding relationship, with bp to supply additional renewable energy to power Amazon’s operations, and Amazon Web Services (AWS) enabling the acceleration of bp’s programme to digitise its infrastructure and operations.
10 Dec 20
Brazil: Karoon ships its first oil from Bauna as operator
Karoon Energy has off-loaded its first shipment amounting to over 500,000 barrels of oil, safely and on time, from its newly acquired Baúna production field, offshore Brazil.
10 Dec 20
Norway: Equinor given consent for life extension for Veslefrikk
Norway's Petroleum Safety Authority has given Equinor consent for life extensions for Veslefrikk. The consent applies to the operation of Veslefrikk until 21 December 2022.
10 Dec 20
Norway: Lundin given consent to drill exploration well 16/4-12 in PL 532
Norway's Petroleum Safety Authority has given Lundin consent to drill exploration well 31/2-22 S in PL 532. The well will be drilled to test the Merckx prospect.
10 Dec 20
Angola: Norco Group announces a new maintenance contract with Total E&P Angola
An established energy storage equipment manufacturer and service provider, Norco Group will support Uninterruptible Power Supply (UPS) systems and standby battery equipment on TEP Angola’s assets in offshore Block 17. This includes the Dalia, Girassol, Pazflor and CLOV Floating Production, Storage and Offloading facilities (FPSOs).
10 Dec 20
Netherlands: Neptune Energy announces feasibility study into CCS plan for Netherlands
Neptune Energy has announced a feasibility study into plans for a large-scale offshore Carbon Capture and Storage (CCS) project in the Dutch North Sea, with the potential to safely store 120-150 million tonnes of CO2. Neptune will conduct the study in cooperation with its licence partners and CO2 emitters.
10 Dec 20
Russia: NOVATEK and Siemens Energy sign agreement to decarbonise LNG production
NOVATEK and Siemens Energy have signed a Strategic Partnership and Cooperation Agreement to jointly develop and implement high-tech solutions to produce LNG, electricity, hydrogen and other products to maintain sustainable development initiatives and achieve the Parties' goals to reduce their carbon footprint and increase environmental efficiency.
10 Dec 20
Norway: Equinor awarding contracts for supply vessels
Equinor has awarded Havila Shipping three-year contracts for the Havila Charisma and Havila Foresight platform supply vessels. Both contracts include four one-year options and have a total framework of close to NOK 800 million.
10 Dec 20
Kosmos Energy completes farm down of exploration assets to Shell
Kosmos Energy has closed the previously announced transaction with Shell to farm down interests in Suriname, Sao Tome & Principe and Namibia for approx. $95 million, plus future contingent payments of up to $100 million. The transfer of interests in South Africa is expected to take place in 2021.
10 Dec 20
Bahamas Petroleum responds to application for judicial review regarding Perseverance well
Bahamas Petroleum Company (BPC), the Caribbean and Atlantic margin focused oil and gas company, notes that an application has been made to the Supreme Court of The Bahamas, for leave to make an application for judicial review of the decision taken by the Government of The Bahamas in February 2020 to grant Environmental Authorisation for BPC's Perseverance-1 well, which is expected to spud imminently.
10 Dec 20
US: Zephyr Energy provides update on Paradox State 16-2 well
AIM-listed Zephyr Energy, the Rocky Mountain oil and gas company, has provided an update on its project in the Paradox Basin, Utah, U.S. where the Company is in the final stages of preparation ahead of the spud of its 'dual-use' State 16-2 well.
10 Dec 20
Nigeria: ADM Energy completes transaction to acquire further interest in OML 113 from EER
ADM Energy has received ministerial consent from the Nigerian Minister of Petroleum Resources ('DPR') to complete the transfer of a participating interest of 2.25% in OML 113 from EER (Colobos) Nigeria to the Company. The deal consolidates the Company's position in the Aje Field, offshore Nigeria.
10 Dec 20
UK: InfraStrata signs LoI for fabrication of Windfarm Development Vessels
AIM-listed InfraStrata, the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, has announced the signing of a Letter of Intent with Triumph Subsea Services for the build of two Windfarm Development Vessels.
10 Dec 20
Turkey: UKOG applies for three new Turkish licences
AIM-listed UK Oil & Gas (UKOG) has announced that, together with its 50-50 Turkish joint venture partner, Aladdin Middle East, the Company has applied to the Turkish authorities for three further exploration licences in south east Turkey.
10 Dec 20
Sweden: RWE starts power production at Nysater Onshore Wind Farm in Sweden
The Nysater wind project in Sweden has achieved an important milestone on its way to becoming one of the largest onshore sites in Europe. The first of the 21 turbines already installed has been connected to the power grid and has started producing electricity.
10 Dec 20
Mexico: Total closes its participation in the Energia Costa Azul LNG export project
Total, Sempra LNG and IEnova have signed binding agreements finalizing Total’s equity investment in the Energia Costa Azul liquefied natural gas export project (ECA LNG), located in Baja California, Mexico.
10 Dec 20
Australia: Falcon Oil and Gas provides update on Kyalla 117 N2-1H ST2
Falcon Oil & Gas has provided an update on exploration activity in the Beetaloo Sub-basin, Northern Territory, Australia following the successful hydraulic stimulation of the Kyalla 117 N2-1H ST2 well.
10 Dec 20
UK: Union Jack Oil announces positive preliminary results at West Newton B1Z
AIM-listed Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company, has announced positive preliminary results in respect of the recently drilled West Newton B1Z ('WNB1Z') conventional appraisal well, located within PEDL 183 and operated by Rathlin Energy (UK).
10 Dec 20
Australia: Armour Energy provides update on Surat work program
Armour Energy has provided an update on the Surat 2020 Work Program which is being conducted on its 100% owned and operated Kincora Gas Project.
10 Dec 20
Germany: RWE is partner of landmark project involving the offshore production of green hydrogen
The newly established association AquaVentus is planning an unrivalled project to install ten GW offshore wind turbines in the North Sea between Heligoland and the Dogger Bank sandbank by 2035.
09 Dec 20
Thailand: Tap Oil provides details of G1/48 Concession JV restructuring
Tap Oil has provided an update on the JV over the G1/48 Concession in the Gulf of Thailand, which includes the Manora Oil Field Production Area operated by MP G1 (Thailand), a subsidiary of Mubadala Petroleum. As previously advised, Northern Gulf Petroleum has agreed to transfer its 10% interest in the G1/48 Manora block to the operator MP G1 (Thailand).
09 Dec 20
Brazil: DOF Group awarded new contract for its fleet in Brazil for Petrobras
The DOF Group has announced a new contract award for its fleet in Brazil for Petrobras. The AHTS18000 Skandi Rio will support Petrobras' exploration and production activities on the Brazilian continental shelf.
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