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21 Mar 24	Norway: Ventyr secures winning bid in Norwegian auction for Sørlige Nordsjø II offshore wind development Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 area in the Southern Norwegian North Sea.
21 Mar 24	Equinor presents 2023 integrated Annual Report Equinor delivered the second-highest financial result in the history of the company, with adjusted earnings of USD 36.2 billion. Adjusted earnings after tax totalled USD 10.4 billion. Net operating income was reported at USD 35.8 billion and net income at USD 11.9 billion.
21 Mar 24	UK: Government backing for AI businesses to deliver net zero with innovative technologies UK innovators at the cutting edge of Artificial Intelligence (AI) technologies will receive government backing to use their work to cut carbon emissions across key sectors – helping make the best use of renewables and increase efficiency.
21 Mar 24	Norway: Equinor drills successful Heisenberg appraisal well and proves oil in the Hummer prospect Equinor has successfully delineated the 'Heisenberg' oil and gas discovery in wells 35/10-11 S and A in the North Sea, and has also proven oil in the Hummer prospect. The well has been permanently plugged and abandoned.
21 Mar 24	TotalEnergies publishes its Sustainability & Climate – 2024 Progress Report TotalEnergies has published its Sustainability & Climate – 2024 Progress Report, as pledged by the Board of Directors since 2020. This report gives an account of the implementation the Company's strategy and the progress made in 2023 with regard to the objectives for 2030, notably its achievements in terms of emissions reductions and its contribution to a just, orderly and equitable energy transition for all its stakeholders.
21 Mar 24	TGS Market Overview Report asks whether 2024 is living up to expectations for offshore wind TGS has released its latest Market Overview Report, powered by 4C Offshore market intelligence. This comprehensive analysis offers an early assessment of the global offshore wind industry for the rest of 2024, building upon the insights provided by last year's report, which anticipated a record-breaking auction year for the sector. The Q1 report looks at whether 2024 is still expected to deliver on that promise.
21 Mar 24	Peru: PetroTal announces Q4 and 2023 financial and operating results PetroTal, a company focused on development of oil and gas assets in Peru, has announced its Q4 and 2023 financial and operating results.
20 Mar 24	Norway: Hydro signs long-term power contract with Statkraft Hydro Energi has signed a long-term power purchase agreement (PPA) with Statkraft for the total delivery of 1.28 TWh in the period from May 2024-2027.
20 Mar 24	UK: Supply Chain Principles awards celebrate positive business behaviours - OEUK Companies demonstrating an outstanding commitment to strengthening business relationships with their supply chain have been recognised by Offshore Energies UK (OEUK) at its flagship business development event at Aberdeen’s P&J Live venue.
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.