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04 Mar 24	Australia: Mosman Oil and Gas provides helium and hydrogen exploration update at EP 145 Mosman Oil and Gas, the hydrocarbon, helium and hydrogen exploration, development, and production company, has provided a project update on its Australian project EP 145. Mosman has published a Prospective Resources estimate of 440 total gas including 26 bcf of helium and 26 bcf hydrogen.
04 Mar 24	Azerbaijan: WindEurope and Azerbaijan join forces to accelerate wind energy WindEurope and the Azerbaijan Renewable Energy Agency have signed a Memorandum of Understanding (MoU) to advance the deployment of onshore and offshore wind energy in Azerbaijan and the wider Caspian Sea area.
04 Mar 24	GoM: Diamond Offshore announces contract extension for the Ocean BlackHornet Diamond Offshore Drilling has executed a two-year contract extension with a subsidiary of bp in the U.S. Gulf of Mexico for the Ocean BlackHornet, commencing in February 2025 in direct continuation of the rig’s current contract. This contract extension represents approx. $350 million dollars of additional backlog.
04 Mar 24	Bahrain: TotalEnergies and Bapco Energies join forces in petroleum products trading At a meeting in Bahrain, the foundations were laid for cooperation between TotalEnergies and Bapco Energies, under which TotalEnergies will support Bapco Energies in optimizing its Sitra refinery, which is currently being upgraded, and in trading of its petroleum products. TotalEnergies will bring its global oil and feedstock supply capacity, as well as its refining and trading expertise.
04 Mar 24	Trinidad: Touchstone announces expanded bank debt and drilling update Touchstone Exploration has provided updates on its bank debt and drilling operations. The Company has entered into a binding term sheet with its existing Trinidad-based lender providing for an increase in borrowing capacity of $13 million. Touchstone has commenced drilling the Cascadura-3 development well and the CO-374 development well, and the Cascadura-2 well has been successfully cased after encountering wellbore instability issues.
04 Mar 24	Georgia: Block Energy announces Project III resource upgrade Block Energy, the development and production company focused on Georgia, has announced upgraded internal resource estimates for the Rustavi and Teleti fields. The Company has launched the farm-out process for Project III, targeting the development of a gas resource of strategic significance to the Georgian state.
04 Mar 24	Shelf Drilling announces fourth quarter 2023 results Shelf Drilling has announced results for the fourth quarter and full year of 2023 ended December 31. The fourth quarter of 2023 concluded a very positive year for Shelf Drilling. The Company generated EBITDA of $88 million, bringing the full year total to $311 million, in line with the guidance provided at the beginning of 2023.
04 Mar 24	Egypt: Shelf Drilling secures contract extension on Rig 141 in Egypt Shelf Drilling has secured a two-year contract extension for the Rig 141 jack-up rig in direct continuation of its current term with Gemsa Petroleum Company for operations in the Gulf of Suez offshore Egypt.
04 Mar 24	The Nordex Group publishes its Sustainability Report 2023 Back in 2021, the Nordex Group set itself ambitious goals in its Sustainability Strategy 2025: 'Together for Change – Wind for a sustainable Future'. In its newly published eighth Sustainability Report, the Company summarizes its progress and measures with regard to the Group’s key sustainability topics, as well as the risks and opportunities that it faced from a sustainability perspective in 2023.
04 Mar 24	Mozambique: TotalEnergies publishes its response to Le Monde French newspaper re Mozambique LNG project On 1st March 2024, the French daily newspaper Le Monde published an article on the Mozambique LNG project. The questions posed by the journalists were answered in detail. However, given the limited use of its responses in the article and in the interest of transparency, the Company has decided to publish its exhaustive answers.
03 Mar 24	UK: EDF Renewables UK’s West Benhar wind farm officially opened by Scottish Energy Minister Local children and community groups joined EDF Renewables UK and Scottish Government Minister for Energy, Just Transition and Fair Work, Gillian Martin to officially open the country’s newest operational wind farm. West Benhar wind farm, near Shotts in North Lanarkshire, has now been fully commissioned.
03 Mar 24	UK: RWE and Masdar join forces to develop 3 gigawatts of offshore wind projects off the UK coast RWE and Masdar, the UAE’s clean energy powerhouse, have successfully closed their transaction announced at COP28 in Dubai last December, with Masdar now holding a 49% stake in the UK Dogger Bank South projects. The partners will now jointly forge ahead with the delivery of these flagship projects. RWE, with a 51% stake, will lead development, construction and operation throughout the life cycle of the projects.
03 Mar 24	Several OPEC+ countries announce extension of additional voluntary cuts of 2.2 million barrels per day for the second quarter of 2024 The OPEC Secretariat noted the announcements of several OPEC+ countries extending additional voluntary cuts of 2.2 million barrels per day, aimed at supporting the stability and balance of oil markets.
03 Mar 24	Indonesia: Conrad Asia Energy signs MoU with PGN for commercialisation of Aceh gas Conrad Asia Energy has entered into an MOU with PGN, the gas subsidiary of Pertamina (Persero), the national oil company of Indonesia. Under the terms of the MOU, Conrad will cooperate in the provision of gas or LNG supply and development infrastructure for gas resources from its two Aceh PSCs offshore Indonesia - ONWA and OSWA.
03 Mar 24	US: Chevron announces its first solar-to-hydrogen production project in California’s Central Valley Chevron New Energies, a division of Chevron U.S.A. Inc., has announced it is developing a 5-megawatt hydrogen production project in California’s Central Valley. The project aims to create lower carbon energy by utilizing solar power, land, and non-potable produced water from Chevron’s existing assets at the Lost Hills Oil Field in Kern County.
03 Mar 24	UK: Innova acquires 21.6MWp solar site in Bedworth, Warwickshire, from Industria Brand Energy Innova has successfully acquired Bedworth Solar, a 21.6MWp renewable energy site, from Industria Brand Energy. The site, located a short distance away from Innova’s solar project at Tolldish Hall Farm, is fully consented and ready to be built. Expected commercial operation date is 2025.
03 Mar 24	GoM: Helix Energy Solutions and Talos Energy establish framework agreement for decommissioning in U.S. Gulf of Mexico Helix Energy Solutions has announced a five-year joint framework agreement with Talos Energy in which Talos has agreed to provide Helix the first right of refusal regarding specific annual work scopes for Talos’s decommissioning requirements in the U.S. Gulf of Mexico.
03 Mar 24	Saudi Arabia: Aramco completes acquisition of Esmax Aramco, one of the world’s leading integrated energy and chemicals companies, has successfully completed the acquisition of a 100% equity stake in Esmax, a leading diversified downstream fuels and lubricants retailer in Chile.
01 Mar 24	Oman: Rex International subsidiary Masirah Oil signs jack-up drilling rig contract for multi-well programme in Yumna field, offshore Oman Rex International subsidiary Masirah Oil has announced the signing of a contract for the Energy Emerger jack-up drilling rig. The rig, operated by Northern Offshore, will perform a multi-well programme in the offshore Yumna field in Block 50, offshore Oman.
01 Mar 24	Cameroon: Perenco commences five well drilling campaign on Kita Eden field, offshore Cameroon Perenco has commenced a five well development drilling campaign on the Kita Eden field, in the northern section of the Rio del Rey Basin, offshore Cameroon.
01 Mar 24	Malaysia: PETRONAS signs two DRO clusters Production Sharing Contracts to boost gas supply in Peninsular Malaysia PETRONAS has signed Production Sharing Contracts for two Discovered Resource Opportunities (DRO) clusters, situated off the coast of Peninsular Malaysia. The monetisation of the clusters will significantly boost gas supply to the Peninsular Malaysia hub.
01 Mar 24	Trinidad: Touchstone Exploration announces 2023 Y/E reserves Touchstone Exploration has announced 2023 year-end reserves. Relative to year-end 2022 and after 2023 production, Touchstone increased gross proved developed producing (PDP) reserves by 180 percent to 13,547 Mboe. PDP reserves replaced 2023 annual production by 699 percent, reflecting Cascadura-1ST1 and Cascadura Deep-1 natural gas and associated liquids volumes that were brought online in 2023.
01 Mar 24	Eco (Atlantic) Oil & Gas announces unaudited results and corporate update Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has announced its results for the three and nine months ended 31 December 2023.
01 Mar 24	ADNOC closes acquisition of 24.9% stake in OMV ADNOC has formally closed the acquisition of a 24.9% shareholding in OMV, a global energy and chemicals group, headquartered and listed in Vienna, Austria, from Mubadala Investment Company. The transaction accelerates delivery of ADNOC’s global chemicals growth strategy, and reinforces its status as a responsible, long-term partner and growth-oriented investor.
29 Feb 24	US: Empire Wind 1 awarded offtake contract in New York’s fourth offshore wind solicitation round New York State Energy Research and Development Authority (NYSERDA) has announced Equinor’s Empire Wind 1 project one of the conditional winners in its fourth offshore wind solicitation round.