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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. |
18 Mar 24 |
Talos Energy announces divestiture of Talos Low Carbon Solutions subsidiary to TotalEnergies Talos Energy has entered into an agreement for the sale of its wholly owned subsidiary, Talos Low Carbon Solutions, to TotalEnergies for a purchase price of $125 million plus customary reimbursements, adjustments and retention of cash, combined totaling approximately $148 million. |
18 Mar 24 |
China: CNOOC Ltd announces hundred million ton oil field discovery Qinhuangdao 27-3 in the Bohai Sea CNOOC Limited has made a major oilfield discovery of Qinhuangdao 27-3 in the Bohai Sea, which adds over a hundred million tons of oil equivalent proved in-place volume. Qinhuangdao 27-3 Oilfield is located in the north-central waters of the Bohai Sea, with an average water depth of approx. 25 meters. |
18 Mar 24 |
UAE: ADNOC signs second long-term agreement for Ruwais LNG project ADNOC has announced the signing of a 15-year Heads of Agreement (LNG agreement) with SEFE Marketing & Trading Singapore, a subsidiary of Germany’s SEFE Securing Energy for Europe GmbH, for the delivery of 1 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG). The LNG will primarily be sourced from ADNOC’s lower-carbon Ruwais LNG project, currently under development. |
18 Mar 24 |
Africa Oil announces offer to minority shareholders in Impact Oil & Gas Africa Oil to acquire from minority shareholders in Impact Oil and Gas up to 8.0% of the issued shares in Impact. The Offer is made at a price of USD 0.728 per Impact share, for a consideration of up to approximately USD 64 million, which implies a valuation of USD 805 million for 100% of the issued share capital of Impact. Africa Oil currently holds a 31.1% shareholding in Impact. |
18 Mar 24 |
Onsite Solar Generation: TotalEnergies surpasses 1.5 GW of PPAs with 600 B2B customers worldwide TotalEnergies has reached over 1.5 GW of signed renewable Power Purchase Agreements (PPAs) with over 600 industrial and commercial customers worldwide, for self-consumption on their sites and injection into the grid. Of this 1.5 GW, 1.1 GW is already in operation, producing 1.5 TWh of electricity a year, while 400 MW will be commissioned by year-end. |
18 Mar 24 |
India: Blackford Dolphin secures drilling contract from Oil India Dolphin Drilling has announced the award of a USD 154 million drilling contract from Oil India. Dolphin Drilling will deploy the Blackford Dolphin semisub drilling rig to support Oil India's exploration and development activities, with operations planned to commence in the second half of 2024. The contract duration spans a firm three wells drilling campaign over 14 months. |
18 Mar 24 |
US: Pantheon Resources announces unaudited interim results for the six months ended 31 December 2023 AIM-listed Pantheon Resources, the oil and gas company with a 100% working interest in the Kodiak and Ahpun projects, located in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, has announced its interim results for the six months ended 31 December 2023, together with operational highlights for the half year and the period beyond. |