energy-pedia news

Search energy-pedia news by selecting date, type, and region from the drop-down boxes

The full News Archive is available to Corporate Subscribers only. Non-Subscribers can access up to four years of archived news. For details of how to subscribe click here.

Reset

28 Mar 24	Poland: Seaway7 awarded contract offshore Poland Subsea7 has announced the award to Seaway7, part of the Subsea7 Group, of a sizeable contract by PGE Polska Grupa Energetyczna and Ørsted for the transport and installation of the substations for the Baltica 2 wind farm, offshore Poland.
28 Mar 24	Denmark: BlueNord: Tyra Redevelopment Project: Opening of valves in Nybro and export of gas to the Danish market BlueNord has announced that the Tyra Redevelopment Project continues to progress according to plan with the valves at the Nybro Gas Treatment Plant expected to open today and first gas will be exported to the Danish market from Tyra II.
28 Mar 24	Sweden: Eolus has made investment decision for three onshore wind power projects in Sweden Eolus has made an investment decision for the wind power projects Fågelås, Boarp and Dållebo in Sweden totaling 88 MW. A turbine supply agreement has been signed with Vestas and construction will start immediately.
28 Mar 24	UK: RWE expands its UK offshore wind development portfolio by 4.2 gigawatts RWE, one of the world’s leading offshore wind companies, has completed the acquisition of three offshore wind projects in the UK from Vattenfall, which was announced at the end of December. The three projects – Norfolk Vanguard West, Norfolk Vanguard East and Norfolk Boreas – each with a planned capacity of 1.4 gigawatts (GW), are located 50 to 80 kilometres off the coast of Norfolk in East Anglia.
28 Mar 24	UK: Petrofac secures contract extension with ONEgas West in core UK market Petrofac, has secured a contract extension in the Southern North Sea with ONEgas West (a NAM operated and Shell UK owned venture). Petrofac will continue to provide services across ONEgas West’s Southern North Sea portfolio, supporting the Clipper South complex, Leman Alpha assets, Bacton Terminal, and ONEgas Barge campaigns.
28 Mar 24	Stena Drilling announces 20,000-psi equipment upgrade for 7th Generation Drillship Stena Evolution Stena Drilling has announced a significant equipment upgrade for their state-of-the-art 7th Generation Drillship, 'Stena Evolution'. With this enhancement, Stena Evolution will be capable of drilling and completing wells requiring 20,000 psi (20K) pressure control, enabling drilling in previously inaccessible reservoirs for our clients.
28 Mar 24	March 28, 1924: TotalEnergies is 100! Today, TotalEnergies’ 100,000 employees in 120 countries worldwide are pleased and proud to celebrate the 100th anniversary of the Company’s creation. TotalEnergies’ 100-year history tells the story of the world and energy, from the 1920s to the present day.
28 Mar 24	US: Union Jack Oil reports spudding of the Andrews-1-17 well, West Bowlegs, Oklahoma, USA AIM-listed 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 Inc, that the drilling rig is on location and that the Andrews-1-17 well has now spudded. The Andrews-1-17 well will test the West Bowlegs Prospect, located in Seminole County, Oklahoma, USA in which Union Jack holds a 45% working interest.
28 Mar 24	EnQuest announces results for the year ended 31 December 2023 and 2024 outlook EnQuest achieved its 2023 targets, delivering strong operational performance across the operated portfolio and continuing to de-lever its balance sheet, with year-end EnQuest net debt reduced to $481 million. Statutory revenue and other income totalled $1,487.4 million (2022: $1,853.6 million) and adjusted EBITDA totalled $824.7 million (2022: $979.1 million).
28 Mar 24	UK: Baron Oil provides update on UK Licence P2478 AIM-listed Baron Oil has provided an update in relation to the offshore UK Licence P2478 (Blocks 12/27c,17/5,18/1 and 18/2), in which Baron holds a 32% interest. Reabold Resources is the Licence administrator. The Licence will be surrendered to the UK North Sea Transition Authority ('NSTA') on 31 March 2024.
28 Mar 24	Pantheon Resources provides an update on its development planning and funding initiatives AIM-listed Pantheon Resources, the oil and gas company with a 100% working interest in the Kodiak and Ahpun projects, covered by 193,000 acres of leases with an additional c. 66,000 acres to be awarded following successful bids in the December 2023 lease sales, all in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, has provided an update on its development planning and funding initiatives.
28 Mar 24	Capricorn provides full year results announcement and details of proposed $50m special dividend Capricorn has provided a full year results announcement and details of proposed $50m special dividend. Significant progress was made in 2023 in exiting non-Egypt exploration licences in Mexico, Mauritania and Suriname. The Company remains committed to the potential of its Egypt assets.
27 Mar 24	SLB announces agreement to acquire majority ownership in Aker Carbon Capture SLB has announced an agreement to combine its carbon capture business with Aker Carbon Capture to support accelerated industrial decarbonization at scale. Following the transaction, SLB will own 80% of the combined business and ACC will own 20%.
27 Mar 24	US: Zephyr Energy annouces Salt Wash helium project update Zephyr Energy, the Rocky Mountain oil and gas company focused on responsible resource development from carbon-neutral operations is pleased to provide an update on the Company's proposed farm-in to a minimum 75 per cent working interest in a 1,047-acre leasehold position in the Salt Wash Field, a previously producing asset with proven oil, gas and helium reserves located three miles to the south of Zephyr's Paradox project in Utah, U.S.
27 Mar 24	UAE: ADNOC announces first production from Belbazem offshore block ADNOC has announced the start of crude oil production from its Belbazem offshore block, underscoring the company’s commitment to responsibly meet the world’s growing demand for energy. Tthe Belbazem Block consists of three offshore fields; Belbazem, Umm Al Salsal and Umm Al Dholou.
27 Mar 24	Eni renews membership with the MIT Energy Initiative Eni has renewed its membership participation in the MIT Energy Initiative (MITEI) as a Founding Member until end of 2027, furthering its commitment to the field of low-carbon energy research. The agreement demonstrates Eni’s consideration of innovation and research as core drivers behind its short-, medium- and long-term decarbonization goals, in line with the company’s strategy.
27 Mar 24	Malaysia: McDermott awarded offshore contract from PTTEP McDermott has been awarded a sizeable offshore transportation, installation and commissioning contract from PTTEP for the Kikeh subsea gas lift project, located 120 kms northwest of the island of Labuan, offshore Sabah in East Malaysia.
27 Mar 24	Mosman Oil and Gas announces Half Year results to 31 December 2023 AIM-listed Mosman Oil and Gas, the hydrocarbon, helium and hydrogen exploration, development and production company, has announced its Half Year results to 31 December 2023.
27 Mar 24	Poland: Vestas wins 37 MW project in Poland Vestas has received a firm order from Energa Green Development, a subsidiary of the ORLEN Group, for the Szybowice project in Opolskie, Poland.
27 Mar 24	Sweden: Nordex Group receives 98 MW order from Sweden The Nordex Group has received an order from Holmen Energi for 98 MW in Sweden. n summer 2025, the Nordex Group will supply and install 14 N163/6.X turbines for the Blisterliden wind farm in a forested area in the county of Västerbotten in the Northern of Sweden.
27 Mar 24	US: Sunrise Wind receives federal record of decision, takes final investment decision Sunrise Wind has received its Record of Decision from the Bureau of Ocean Energy Management, crossing a critical milestone in the federal environmental review process for the offshore wind project serving New York. Additionally, Ørsted and Eversource have announced they have jointly taken a final investment decision on Sunrise Wind, solidifying the commitment to build the project.
27 Mar 24	UK: OGA Plan sharpens focus on emissions reduction A new emissions reduction plan published today (27 March) by the North Sea Transition Authority (NSTA) has highlighted the need for action across the board on production decarbonisation – including action on flaring and venting and the electrification of oil and gas installations - to ensure the future of the industry and hit net zero targets.
27 Mar 24	Cadeler signs offshore wind turbine installation contract for the vessel Wind Scylla with an undisclosed client The contract entails Cadeler’s wind farm installation vessel Wind Scylla and has a value between USD 75 million and USD 150 million, including both the firm period and potential options. Signing of the contract reinforces Cadeler’s position as a key player in the renewable offshore wind energy sector and captures synergies by aiming to lower project-related costs.
27 Mar 24	Norway: Ocean Installer secures yet another SLM contract with Equinor Ocean Installer has secured a new Subsea Line Modification (SLM) Project award from Equinor on Asgard A. This adds more work to the multiple project wins in 2023, including projects on Vigdis, Visund, Asgard C and Northern Lights, further strengthening their collaboration with Equinor.
27 Mar 24	Bowleven announces interim results Bowleven, the Africa focused oil and gas, Exploration and Production Company with key interests in Cameroon, has announced its unaudited interim results for the six months ended 31 December 2023.