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02 Apr 24	Norway: Petoro awards frame agreement to AGR Norwegian state-owned company Petoro has awarded a frame agreement to AGR for the provision of independent consultancy and third-party verification studies within subsurface, drilling and wells and field development.
02 Apr 24	Shelf Drilling announces contracts update Shelf Drilling has received a notice of suspension of operations of four jack-up rigs from a customer in the Middle East. Shelf Drilling understands that during the suspension period it will have the right to actively market the rigs to other customers and opportunities and to terminate the applicable contracts.
02 Apr 24	UK: Data principles will benefit industry and support transition - NSTA A set of draft principles designed to support the energy transition and benefit every user of the North Sea has been published for comment and consideration. The Data Principles Group, one of the task forces set up by the Offshore Energy Digital Strategy Group (DSG), has laid out draft unifying principles which are intended to promote collaboration and data sharing among North Sea users.
02 Apr 24	PETRONAS and JERA to explore feasibility of the entire CCS value chain between Japan and Malaysia PETRONAS recently signed a Joint Study Agreement with JERA to evaluate the feasibility of the entire carbon capture and storage (CCS) value chain including separation and capture of carbon dioxide (CO2) emitted by JERA in Japan, cross-border transportation, and CO2 storage in Malaysia.
02 Apr 24	UK: United Oil & Gas announces Waddock Cross licence extension United Oil & Gas has announced that the North Sea Transition Authority ('NSTA') have signed a Deed of Variation relating to licence PL090 (which contains the Waddock Cross oil field) with the effect of extending the term of the Licence for another 5 years. United holds a 26.25% working interest in the licence, which is operated by Egdon Resources.
02 Apr 24	Nigeria: ADM Energy provides Aje field internal technical review update ADM Energy has provided an update with respect to the internal technical review of its 12.3% cost share and 9.2% profit share interest in OML-113, Aje Field, offshore Nigeria, announced 1 December 2023.
02 Apr 24	US: 88 Energy reports successful flow testing of the Upper SFS reservoir in the Company's Hickory-1 discovery 88 Energy has announced successful flow testing of the Upper SFS reservoir in the Company's Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska.
02 Apr 24	UK Oil & Gas announces Annual Review and Accounts for the year ended 30 September 2023 AIM-listed UK Oil & Gas has announced its full year results for the full year ended 30 September 2023. UK Oil & Gas aims to build a sustainable oil and gas production base that can help deliver its new UK hydrogen storage business as part of the UK's transition to Net Zero and which will act as a springboard to further worldwide growth opportunities in the hydrogen space.
02 Apr 24	UK: Orcadian Energy announces completion of Pilot farm-out AIM-listed Orcadian Energy has announced the completion of the previously announced farm-out of an 81.25% interest in licence P2244, which contains the Pilot field, to Ping Petroleum UK. Ping is focused on shallow water offshore production and development opportunities and has a significant acreage holding to the East of Pilot.
02 Apr 24	ADNOC Gas to invest over $13 billion in domestic and international growth opportunities between 2024 and 2029 ADNOC Gas delivered strong financial results in 2023, reporting revenues of $22.7 billion and a net income of $4.7 billion, exceeding market expectations and setting the foundation for further growth in 2024 and beyond. Between 2024 and 2029, The Company plans to invest over $13 billion in domestic and international growth opportunities.
02 Apr 24	Indonesia: Conrad Asia Energy signs Mako gas sale key terms with PGN Conrad Asia Energy, an ASX-listed Asia-focused natural gas exploration and development company, has entered into binding Key Terms for the sale and purchase of the domestic portion of Mako gas with PT Perusahaan Gas Negara Tbk ('PGN'), the gas subsidiary of PT Pertamina (Persero), the national oil company of Indonesia.
02 Apr 24	Vietnam: Mitsui make final investment decision for the development of Vietnam Block B gas field Mitsui has made a final investment decision regarding an integrated development project ('Block B Project') encompassing an upstream gas field and a pipeline linking it to a gas-fired thermal power plant complex.
02 Apr 24	Shell and Verdagy to collaborate on renewable hydrogen projects Verdagy, a renewable hydrogen electrolysis company with over a decade of technology and product development experience, has announced that Shell provided technical endorsement of Verdagy’s eDynamic® electrolyzers. This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects.
02 Apr 24	Angola: Corcel announces update on the testing of the Tobias-14 well onshore Angola Corcel has provided an update on the testing of the TO-14 well in the onshore Block KON-11, in Angola. The Operator is Sonangol. Testing of the TO-14 well continues following significant weather and equipment related delays earlier in the year. Continued engineering work is being conducted to identify solutions to flow both TO-14 and the yet untested TO-13 well.
01 Apr 24	Qatar: QatarEnergy’s historic fleet expansion program hits 104 conventional LNG vessels QatarEnergy has signed long-term time charter party (TCP) agreements with four international shipowners for the operation of 19 new, ultra-modern conventional size LNG vessels as part of the second ship-owner tender under QatarEnergy’s historic LNG fleet expansion program.
01 Apr 24	GoM: Transocean announces $195 million ultra-deepwater drillship contract Transocean has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico. The total contract value of approx. $195 million includes a $10.9 million lump sum payment.
01 Apr 24	US: BOEM announces next steps in National Outer Continental Shelf Oil and Gas Leasing Program The Bureau of Ocean Energy Management (BOEM) announced March 29 the Notice of Availability of the Area Identification (Area ID) for proposed Gulf of Mexico (GOM) Oil and Gas Lease Sales 262, 263, and 264.
01 Apr 24	US set to capitalize on rising biofuel demand; production to hit 1.3 million boepd in 2035 - Rystad Energy The biofuels industry in the US is booming, and a fresh surge in production is just around the corner thanks to increased demand for renewable diesel and sustainable aviation fuels (SAFs) in the coming years. Rystad Energy research predicts biofuel production in the US will increase by about 53% by the middle of next decade, jumping from 850,000 barrels of oil equivalent per day (boepd) in 2023 to about 1.3 million boepd in 2035.
01 Apr 24	Record growth in renewables, but progress needs to be equitable Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3 870 Gigawatts (GW) globally.
01 Apr 24	Oman: Masirah Oil starts multi-well programme in the Yumna field, offshore Oman Masirah Oil has announced the spudding of the Yumna-5 well in the offshore Yumna Field in Block 50, Oman. The Yumna-5 well will be drilled at the crest of the structure to drain attic oil left un-swept by the current producers.
01 Apr 24	APA Corporation completes acquisition of Callon Petroleum Company APA Corporation has announced that its acquisition of Callon Petroleum Company has been completed. The acquisition will bring APA’s daily reported production to approx. 500,000 barrels of oil equivalent (BOE), approx. two-thirds coming from the Permian Basin.
01 Apr 24	Acteon Group acquired by private equity investors Buckthorn Partners and One Equity Partners Acteon Group, the international offshore energy infrastructure services business, has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP). Buckthorn and OEP are making a substantial investment in the business to improve Acteon’s standing with suppliers and customers and enable it to compete even more strongly in its core markets.
01 Apr 24	US: Vestas secures 554 MW order for V163-4.5 MW in the USA Vestas has received a 554 MW order to power an undisclosed wind project in the USA. The order consists of 123 V163-4.5 MW turbines, Vestas’ newest high capacity factor wind turbine.
01 Apr 24	Australia: Beach Energy announces organisation update and targeted headcount reduction As announced on 12 February 2024, Beach Energy is undertaking a comprehensive strategic review which aims to re-set the base business, deliver increasing returns to shareholders, drive efficiency and earn the right to grow. The first stage of the strategic review has been completed with a new asset-based organisational structure to be implemented by 8 April 2024.
01 Apr 24	Italy: Vestas wins 81 MW order in Italy Italian renewables producer Edison Rinnovabili has placed a 81 MW order for the repowering of the Roio del Sangro, Monteferrante Guado, Monteferrante Casone and Montazzoli wind parks, in Abruzzo, Italy.