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20 Mar 24	Thailand: PTTEP ramps up G1/61 gas production to 800 MMSCFD to alleviate the impact of energy prices PTTEP has ramped up the G1/61 Project’s sales volume to 800 million cubic feet per day as planned. The increased gas delivery will help minimize the impact of electricity price and enhance national energy security.
20 Mar 24	Zanzibar announces first licensing round The Revolutionary Government of Zanzibar and Ministry of Blue Economy and Fisheries has launched Zanzibar’s 1st Licensing Round, which invites bids for 8 blocks totalling 31,883 sq km. The blocks, which are located offshore to the east of the Unguja and Pemba Islands within water depths between 500m and 3,000m, represent a large frontier area.
20 Mar 24	Ireland: SSE Renewables and FuturEnergy Ireland welcome positive planning decision for Sheskin South Wind Farm Leading renewable energy partners SSE Renewables and FuturEnergy Ireland have welcomed a decision by An Bord Pleanála last week to grant planning permission for the development of Sheskin South Wind Farm in County Mayo.
20 Mar 24	DUG announces global processing partnership with Wintershall Dea DUG Technology has announced a new partnership with Wintershall Dea, with the formation of a global 'virtual seismic processing centre'. Wintershall Dea, a leading European independent gas and oil company, will utilise DUG’s seismic data processing and imaging experience.
20 Mar 24	Norway's oil production in February higher than the Norwegian Offshore Directorate’s forecast Preliminary production figures for February 2024 show an average daily production of 2,138,000 barrels of oil, NGL and condensate. Oil production in February is 3.0 percent more than the NOD’s forecast and 2.4 percent more than the forecast so far this year.
20 Mar 24	Colombia/Argentina: Interoil announces production report for February 2024 Interoil has announced February 2024 production figures for its assets in Colombia and Argentina. Interoil’s total daily average operated production in February declined by around 271 boepd compared with January. The reduction is mainly coming from fields in Argentina whereas Colombia increased its operated production.
20 Mar 24	Trinidad: Wood joint venture secures new framework agreement with Shell in Trinidad & Tobago Wood’s joint venture company, Massy Wood, has secured a five-year framework agreement with Shell for the delivery of engineering projects and asset support in Trinidad and Tobago.
20 Mar 24	Norway: Aker BP given consent to drill wells 25/5-H-2 H and 25/5-H-2 AH in PL102 F/G in the North Sea The Norwegian Ocean Industry Authority (Havtil) has granted Aker BP consent to drill exploration wells 25/5-H-2 H and 25/5-H-2 AH in PL102 F/G in the North Sea. The wells will be drilled by the Deepsea Nordkapp semi-sub to test the Trell Portiko 25/5-H-2 H and Trell Sirloin 25/5-H-2 AH prospects
20 Mar 24	UK: Sulmara selected for site characterisation work at Scottish floating offshore windfarm International subsea specialist Sulmara is continuing its exciting start to 2024 with the announcement it has been awarded a contract to work on one of the world’s largest proposed floating offshore developments. The contract, which will see Sulmara conduct site characterisation at the Stromar floating offshore windfarm in Scotland.
19 Mar 24	ASCO awarded contract extensions worth more than £20 million Aberdeen-headquartered logistics and materials management company, ASCO, has been granted a string of contract extensions accumulating to more than £20 million. The start of 2024 has seen long-standing clients, Centrica Energy Storage, TotalEnergies and bp renew contracts with the logistics company; each lasting up to three years.
19 Mar 24	Spain: Vestas wins 51 MW EnVentus order in Spain Renewable energy company ENHOL has placed a 51 MW order for the Cascante wind park, to be located in Navarra, Spain. Turbine delivery is expected to start in the fourth quarter of 2024, while commissioning is planned for the first half of 2025.
19 Mar 24	US: TotalEnergies acquires Talos Low Carbon Solutions, a pioneer in the growing American carbon storage industry TotalEnergies has signed an agreement to acquire 100% of Talos Low Carbon Solutions (TLCS), an early-mover American company focused on carbon capture and storage.
19 Mar 24	Eksfin provides EUR 525 mn in loan financing to Ørsted Export Finance Norway (Eksfin) is providing loan financing of EUR 525 mn to Ørsted of Denmark, one of the world’s largest offshore wind developers. The financing is based on the purchase of two transformer platforms from Norway’s Aibel for the Hornsea 3 offshore wind farm project in the UK.
19 Mar 24	OPITO launch new global standard to address offshore safety zone incidents OPITO, the global safety and skills organisation for the energy industry, has launched a new training standard to ensure increased awareness, competency and reduce incidents in the safety zones around offshore installations.
19 Mar 24	Egypt: TAG Oil completes drilling stage of BED4-T100 horizontal well TAG Oil has announced a significant milestone in its ongoing exploration and development efforts within the Badr Oil Field with the successful completion of the drilling phase for the BED4-T100 horizontal well. The well has penetrated an over-pressured reservoir with regions of exceptional porosity and permeability. During drilling operations, there have been clear signs of free oil flowing into the wellbore and to surface.
19 Mar 24	Dril-Quip and Innovex to combine creating unique energy industrial platform Dril-Quip, a leading developer, manufacturer and provider of highly engineered equipment and services for the global offshore and onshore oil and gas industry, and Innovex Downhole Solutions, a global leading provider of mission-critical technologies and services across the well lifecycle for the oil and gas industry, have announced a definitive agreement under which Dril-Quip and Innovex will merge in an all-stock transaction.
19 Mar 24	UK: £400k for National Grid innovation projects as part of Ofgem fund to help shape Britain's net zero transition Research into state-of-the-art monitoring systems for offshore cables and an initiative to support the decarbonisation of rural areas are among the National Grid-led innovation projects to be funded through the latest stage of Ofgem’s Strategic Innovation Fund (SIF).
19 Mar 24	Nigeria: Savannah Energy announces consolidation of Stubb Creek field interest Savannah Energy has signed Share Purchase Agreements with Sinopec International Petroleum Exploration and Production Corp and Jagal Ventures to acquire 100% of the outstanding share capital of Sinopec International Petroleum Exploration and Production Company Nigeria Limited ('SIPEC'). SIPEC's principal asset is a 49% non-operated interest in the Stubb Creek oil and gas field, located in Akwa Ibom State, Nigeria.
19 Mar 24	TotalEnergies partners with major international companies to support e-NG development TotalEnergies is joining seven major companies to create an international coalition supporting the development of production and use of e-natural gas (e-NG), a synthetic natural gas produced from renewable hydrogen and CO2.
19 Mar 24	chevron and JX sign MOU for collaboration on development of CCS value chain JX Nippon Oil & Gas and Chevron New Energies, a division of Chevron U.S.A. Inc., have signed a Memorandum Of Understanding that provides a framework to evaluate the export of Carbon Dioxide (CO2) from Japan to Carbon Capture and Storage (CCS) projects located in Australia and other countries in the Asia Pacific region.
19 Mar 24	Venezuela: Geoex MCG signs contract for multi-client seismic project offshore Venezuela Geoex MCG, a global subsurface data provider, has announced the signature of a contract for a multi-client seismic project offshore Venezuela. The project is an integral component of a broader campaign aimed at re-evaluating the country’s extensive hydrocarbon potential and in particular increase the certification of its gas reserves. An announcement of a licensing round schedule will follow.
18 Mar 24	Norway: The Norwegian Offshore Directorate has granted Aker BP a drilling permit for well 24/12-8 S in PL 869 The Norwegian Offshore Directorate has granted Aker BP a drilling permit for exploration well 24/12-8 S in PL 869. The well will be drilled by the Deepsea Nordkapp semi-sub.
18 Mar 24	Austria: ADX Energy's Welchau-1 well discovers condensate rich gas ADX Energy has advised that the Welchau-1 well has encountered 115 metres liquids rich gas column within the primary target 'Steinalm Formation' at a depth between 1452 metres and 1567 metres measured depth (MD). The Steinalm Formation intersected in Welchau is the same zone that flowed condensate rich gas in the nearby Molln-1 well at a rate of 4 MMSCFPD in 1989.
18 Mar 24	UK: Scotland’s First Minister opens world’s first Floating Wind Innovation Centre in Aberdeen Scotland’s First Minister, the Rt Hon. Humza Yousaf MSP has officially opened the world’s first dedicated innovation centre for floating offshore wind. Located in the heart of Aberdeen’s Energy Transition Zone, ORE Catapult’s £9 million National Floating Wind Innovation Centre, delivered in collaboration with ETZ, is designed to help supercharge the development of floating offshore wind technology in the UK.
18 Mar 24	US: Sempra Infrastructure launches Cimarron wind project Sempra Infrastructure, a subsidiary of Sempra, has reached a positive final investment decision for the development, construction and operation of the Cimarron wind project, the third phase of the Energía Sierra Juarez (ESJ) wind complex. The Cimarron wind project is fully contracted under a 20-year power purchase agreement to Silicon Valley Power for the long-term supply of renewable energy to the City of Santa Clara, California.