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21 Feb 24 |
Romania: Oil Dynamics grows its business in Romania OMV Petrom and Oil Dynamics have signed two additional five-year supply and service contracts for over 180 electric submersible pumps (ESP) to Romania. |
21 Feb 24 |
Norway: KCA Deutag secures Ringhorne drilling and maintenance contract extension from Var Energi KCA Deutag, a leading drilling, engineering and technology partner, has secured a two-year contract extension for the provision of offshore drilling and maintenance services on the Ringhorne platform in the Norwegian North Sea from operator Vår Energi. |
21 Feb 24 |
UK: Eku Energy breaks ground at battery storage projects in Essex and Buckinghamshire Global energy storage developer Eku Energy has broken ground at two new UK battery storage projects in Basildon, Essex and Loudwater, Buckinghamshire, together representing 130MWh of installed capacity. The projects will be built using NHOA Energy’s battery energy storage systems, marking the company’s entry into the UK market, and are expected to be operational by the end of 2024. |
21 Feb 24 |
UK: Equinor’s H2H Saltend project given major boost as planning permission granted One of the UK’s key decarbonisation projects, H2H Saltend, has been granted planning permission by the East Riding of Yorkshire Council, strengthening its case in forthcoming Government competitions. Equinor’s H2H Saltend is a 600-megawatt low carbon hydrogen production plant with carbon capture, one of the first of its kind and scale to be granted planning permission in the UK. |
21 Feb 24 |
UK: EnergyPathways signs MoU for its wholly owned and operated Marram field project in the UK Irish Sea EnergyPathways has signed an MoU with MCS Subsea Solutions and Mermaid Subsea Services (UK) in relation to negotiating the provision of subsea FEED engineering, project support, procurement and offshore construction services for its wholly owned and operated Marram field project in the UK Irish Sea. |
21 Feb 24 |
Trinidad: ASCO secures major contract with bp for its Trinidad and Tobago operations Leading material management and logistics provider ASCO has secured a five-year contract with bp Trinidad and Tobago. Under the contract, which came into effect at the start of the year, ASCO will provide supply base and pipeyard management services for the Operator across all 16 offshore locations in Trinidad. |
21 Feb 24 |
Australia: First modules arrive for Scarborough Energy Project The first three Pluto Train 2 modules for the Scarborough Energy Project have arrived in Karratha, Western Australia, marking a significant milestone for the project. Pluto Train 2 will be the second Liquefied Natural Gas (LNG) production train at the existing Pluto LNG onshore facility and will process gas from the offshore Scarborough development. |
21 Feb 24 |
Santos joins global flaring and methane reduction initiatives Santos has joined two major climate change initiatives, affirming the company’s commitment to a net-zero future and action to reduce methane emissions. Santos is now a signatory of the Aiming for Zero Methane Emissions Initiative and has also formally endorsed the World Bank’s Zero Routine Flaring by 2030 Initiative. |
21 Feb 24 |
Santos announces 2023 full year results Santos has announced its full-year results for 2023, reporting sales revenue of US$5.889 billion, EBITDAX of US$4.083 billion, underlying profit of US$1.423 billion and free cash flow of US$2.128 billion. These results reflect lower oil and LNG prices, and lower production compared to the corresponding period. |
20 Feb 24 |
Australia: Finder Energy granted WA-547-P extension - seeks farmout partner to fund exploration Finder Energy has been granted a 3 year suspension and extension of the primary term of WA-547-P, which is located in the prolific Dorado play trend in the Northern Carnarvon Basin offshore Western Australia. Finder has identified three large prospects (Brees, Favre and Brady) with combined 2U (P50) prospective resource potential of over 500 MMbbl of recoverable oil and is seeking a farmout partner to fund exploration activity. |
20 Feb 24 |
UK: Offshore industry leaders to launch OEUK’s 2024 Business Outlook report at Aberdeen ‘Breakfast Briefing’ Offshore Energies UK (OEUK) has announced its first Business Breakfast of the year, to be held on Tuesday, 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. |
20 Feb 24 |
UK: NSTA convenes collaborative workshop on platform electrification to cut North Sea emissions Platform electrification could be key to dramatically cutting emissions from oil and gas production, helping the sector reach net zero, the North Sea Transition Authority (NSTA) told industry colleagues. The NSTA gathered leading operators and technology companies for a workshop in Aberdeen to help industry unlock brownfield projects which would enable existing platforms to run on clean electricity. |
20 Feb 24 |
Mauritania/Senegal: Pioneering Spirit completes infield pipelay scope for BP’s ultra-deepwater GTA LNG project offshore Mauritania Pioneering Spirit has completed the infield pipelay scope for BP’s ultra-deepwater GTA liquified natural gas project offshore Mauritania and Senegal. Two months after arriving in the field, production crew welded, scanned and field joint coated the final piece of pipe for the second 16-inch export gas line. |
20 Feb 24 |
Oman: Tethys Oil signs drilling rig contract with GOS for Block 58 exploration well Tethys Oil is continuing its operational activities on Block 58, onshore Oman. The preparations are ongoing for the drilling of the first exploration well, Kunooz-1, in the Fahd area, with estimated unrisked recoverable prospective resources of more than 100 mmbo. |
20 Feb 24 |
Malaysia: Mitsui concludes MoU with Chugoku Electric Power on the creation of a CCS value chain between Malaysia and Japan Mitsui & Co has concluded an MoU with The Chugoku Electric Power Co concerning a joint study aimed at the creation of a value chain encompassing carbon capture and storage (CCS) and carbon transportation. This value chain will be developed for a CO2 storage site in offshore Malaysia that is being jointly developed by Mitsui, PETRONAS CCS Solutions, and TotalEnergies. |
20 Feb 24 |
Cote d'Ivoire: GeoPartners to acquire multibeam and seep survey in Cote d’Ivoire Harvex Geosolutions have announced an agreement to acquire a Multi-Client multibeam and seep sampling project offshore Côte d'Ivoire. Harvex will work with joint-venture partners Trois Geoconsulting and GeoPartners to manage the data acquisition, marketing and licensing of the project. |
20 Feb 24 |
Italy: Vestas wins 63 MW order in Italy Vestas has received a 63 MW order for a wind park in Italy. The contract includes the supply and installation of 14 V150-4.5 MW wind turbines, as well as a 10-year Active Output Management 5000 (AOM 5000) service agreement. |
20 Feb 24 |
CGG adds new Southeast Asia Carbon Storage Study to growing CCUS library CGG has announced the release of a Southeast Asia Carbon Storage Study to support and accelerate the screening process for all players in the region’s fast-growing CCUS market. |
20 Feb 24 |
Thailand: Valeura Energy announces results of third-party independent reserves and resources assessment for its Thailand assets Valeura Energy has announced the results of its third-party independent reserves and resources assessment for its Thailand assets. The Company's work programme in 2023 has replaced more than double the oil produced, extended the anticipated economic life of the portfolio, and recorded a significant up-tick in NPV. |
20 Feb 24 |
Colombia: Arrow Exploration provides update on activity on the Tapir Block in the Llanos Basin, Colombia Arrow Exploration has provided an update on activity on the Tapir Block in the Llanos Basin of Colombia. The CN-4 and CN-5 well results have helped determine the size of the Ubaque pool at Carrizales Norte. Multiple development locations are anticipated based on current results. |
20 Feb 24 |
Morocco: Predator provides update on its Phase 1 rigless testing programme onshore Morocco Predator Oil & Gas Holdings, the Jersey based Oil and Gas Company with near-term operations focussed on Morocco and Trinidad, has provided an update on its Phase 1 rigless testing programme onshore Morocco. |
20 Feb 24 |
UK: Kistos acquires UK onshore gas storage assets from EDF Energy Kistos has entered into a Sale and Purchase Agreement to acquire EDF Energy (Gas Storage) from EDF Energy (Thermal Generation) which owns two gas storage facilities onshore UK, Hill Top Farm and Hole House Farm. The total consideration for the transaction is £25 million. |
20 Feb 24 |
Israel: Partners in Israel's Tamar gas field agree to further expand production The partners in Israel's Tamar natural gas field have agreed to expand production at the offshore site, which is a major energy source for Israel and also supplies Egypt and Jordan. |
20 Feb 24 |
Norway: Aker BP given consent to drill well 24/6-5 in the North Sea The Norwegian Ocean Industry Authority (Havtil) has granted Aker BP consent to drill exploration well 24/6-5 in the North Sea. The well will be drilled by the Noble Integrator jack-up drilling facility to test the Alvheim Deep Prospect in Production Licence 203. |
20 Feb 24 |
Canada: Worley awarded field construction contract by Imperial Worley has been awarded a field construction contract by Imperial Oil Resources related to the in-pit tailings infrastructure project at the Kearl oil sands facility in Alberta, Canada. |