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08 Mar 24	Gabon: BW Energy starts production from Hibiscus South field five months after discovery BW Energy has announced that production has safely started from the DHBSM-1H well in the Hibiscus South field on the Dussafu Licence offshore Gabon five months after the initial discovery was made in November 2023. Production performance from the well has been in line with expectations and is currently stabilised at approx. 5,000-6,000 barrels of oil per day.
08 Mar 24	China: CNOOC Ltd announces 100 million ton oil field discovery in South China Sea CNOOC Limited has made a major oilfield discovery at Kaiping South in the South China Sea, which adds over a hundred million tons of oil equivalent proved in-place volume.
07 Mar 24	Canada: Fort McKay First Nation and Suncor Energy to partner on prospective oil sands development opportunity on reserve lands Fort McKay First Nation and Suncor have announced the signing of a Memorandum of Understanding on a prospective oil sands lease development opportunity on Fort McKay reserve lands in the Regional Municipality of Wood Buffalo and respectively Fort McKay First Nation Traditional Territory.
07 Mar 24	UK: Crondall Energy takes part in award winning offshore wind accelerator programme Ten UK companies, including Crondall Energy, poised to take the offshore wind industry by storm have joined the national Launch Academy, an award-winning technology acceleration programme, from the Offshore Renewable Energy (ORE) Catapult.
07 Mar 24	UK: Aberdeen breakfast event to showcase OEUK's 2024 Business Outlook report Energy industry leaders and media are being invited to Offshore Energies UK’s Business Breakfast on March 26 at the P&J Live in Aberdeen. Sponsored by Deloitte, the event will launch OEUK’s Business Outlook 2024: Activity & Supply Chain report.
07 Mar 24	PNG: PGS sponsors PNG digitalization initiative PGS is supporting PNG Department of Petroleum and Energy modernization and digitalization, improving access to data. The PNG Department of Petroleum and Energy (DPE) plays a crucial role in regulating Papua New Guinea’s oil and gas industry and provides essential information to partners and prospective investors.
07 Mar 24	Harland & Wolff signs contract bringing five-year subsea infrastructure fabrication programme to Arnish yard Harland & Wolff has signed a five-year Master Services Agreement for the fabrication of large structures with a global oil services company supplying subsea infrastructure across the globe. The work will be carried out at its Arnish yard, on the Isle of Lewis.
07 Mar 24	UK: Government pledges over £1 billion budget for renewable energy auction The government has announced the largest ever budget for the upcoming Contracts for Difference auction round. Britain’s flagship renewables scheme has received its biggest ever funding boost from government, with more than £1 billion for its upcoming auction.
07 Mar 24	US: Xodus advises Stonepeak on acquisition of 50% interest in Dominion Energy’s Coastal Virginia Offshore Wind Project Global energy consultancy Xodus has assisted Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in its acquisition of a 50% interest in Dominion Energy’s Coastal Virginia Offshore Wind Project ('CVOW'), which is expected to be the largest offshore wind farm in the U.S.
07 Mar 24	UK: Viaro Energy receives NSTA licence approval for acquisition of 15% stake in Bressay Viaro Energy has received regulatory approval from the North Sea Transition Authority ('NSTA') for the assignment in the Bressay oil field licence, following the recently completed acquisition agreement with EnQuest.
07 Mar 24	Denmark: BlueNord announces preliminary production figures for February 2024 BlueNord has announced its preliminary production figures for February 2024. The Company had a preliminary production in February of net 22.9 mboepd.
07 Mar 24	Australia: Federal Court allows appeal against native title ‘future act’ decision for Narrabri Gas Project Santos notes the decision by the Full Federal Court to allow the appeal against the native title ‘future act’ decision for the Narrabri Gas Project, which could supply up to 50 per cent of New South Wales’ natural gas needs.
07 Mar 24	Cadeler boosts offshore wind operations with increased funding commitment In a strategic move to fortify its position in the offshore wind sector, Cadeler, a key supplier of offshore wind installation, operations, and maintenance services, has secured additional capital, increasing the HSBC Corporate Facility from EUR 50 million to EUR 80 million.
07 Mar 24	Morocco: Chariot provides Loukos onshore pre-drill webcast AIM-listed Chariot, the Africa focused transitional energy group, has announced that a technical presentation, providing an overview of the upcoming drilling campaign at the Loukos licence onshore Morocco, is available on the Chariot website.
07 Mar 24	Harbour Energy announces full-year results for the year to 31 December 2023 Harbour Energy has announced its results for the year ended 31 December 2023. Harbour materially advanced its strategy during 2023, improving its safety performance, generating material free cash flow, and progressing its international growth opportunities and CCS projects, while maintaining capital discipline.
07 Mar 24	UK: Serica Energy announces 2023 Y/E reserves and 2024 production update AIM-listed Serica Energy, a British independent upstream oil and gas company with operations in the UK North Sea, has announced its estimated oil and gas reserves at 31 December 2023 and an update on production during January and February 2024.
06 Mar 24	CGG announces its Q4 & FY 2023 results CGG, a global technology and high-performance computing leader has announced its fourth quarter and full year 2023 audited results.
06 Mar 24	UK: Windfall tax turmoil risks jobs, investment and economic growth The budget announcement extending the windfall tax on North Sea oil and gas producers is a disappointing blow to the industry which risks jobs, investment and economic growth, says Offshore Energies UK.
06 Mar 24	GeoPark reports Q4 and full-year 2023 results GeoPark, a leading independent Latin American oil and gas explorer, operator, and consolidator, has reported its consolidated financial results for the three-month period ended December 31, 2023 and for the year ended December 31, 2023.
06 Mar 24	Saudi Arabia: Inmarsat Maritime partners with Aramco to trial world-first over water 5G mesh network Inmarsat Maritime, a Viasat company, has signed a Memorandum of Understanding (MoU) with Aramco, a global integrated energy and chemicals company, to undertake a 5G 'mesh' network trial that aims to provide high-bandwidth connectivity for Aramco’s offshore work in the Arabian Gulf.
06 Mar 24	Sweden: Vattenfall and Borealis sign their first long-term hydropower PPA in Sweden Vattenfall and Borealis, one of the world’s leading providers of advanced and sustainable polyolefins solutions and a European front-runner in polyolefins recycling, have signed their first long-term renewable hydropower purchase agreement (PPA).
06 Mar 24	Norway's Ministry of Energy announces two areas in the North Sea for applications related to CO2 injection and storage Norway's Ministry of Energy has announced two areas in the North Sea for applications related to CO2 injection and storage on the Norwegian continental shelf.
06 Mar 24	Tullow Oil announces Full Year Results Tullow Oil has announced its Full Year Results for the year ended 31 December 2023. 2023 was a year of significant achievements, including start-up of Jubilee South East that delivered material production growth from its core operated field, a new revenue stream established from the sale of Ghana associated gas; and reserves growth in Gabon through licence extensions.
06 Mar 24	South Africa: TotalEnergies expands its presence in the Orange Basin with a new offshore exploration licence TotalEnergies has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam (a wholly owned subsidiary of Eco Atlantic Oil and Gas) and Ricocure.
06 Mar 24	Uruguay: Challenger Energy announces farmout of 60% of Area OFF-1 block offshore Uruguay to Chevron Challenger Energy has announced that it and its wholly-owned Uruguayan subsidiary, CEG Uruguay, have entered into a farm-out agreement with Chevron related to a 60% interest in the AREA OFF-1 block, offshore Uruguay.