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26 Nov 24
US: The Bureau of Ocean Energy Management’s (BOEM) Alaska OCS Region has announced Heather Parker as chief of its Environmental Studies Program
The Bureau of Ocean Energy Management’s (BOEM) Alaska Outer Continental Shelf (OCS) Region has announced Heather Parker as chief of its Environmental Studies Program.
26 Nov 24
Norway: Petrolia Noco reports technical discovery on Løvmeis prospect (PL1013)
Petrolia Noco has announced that drilling operations on the exploration well on the Løvmeis prospect in PL1013 have been concluded. The well is determined as a technical discovery and will be permanently plugged and abandoned. PL1013 license partners are Equinor (Operator, 40%), ORLEN Upstream Norway (40%) and Petrolia Noco AS (20%).
26 Nov 24
Congo (Brazzaville): Eni launches the hull of Nguya FLNG, confirming the schedule of Congo LNG’s Phase 2 startup
Eni has announced the launch of the hull of the Nguya Floating Liquefied Natural Gas (FLNG) facility in Wison shipyard in Nantong, China. The state-of-the-art FLNG will have a liquefaction capacity of 2.4 million tons per annum (MTPA), and will complement the existing Tango FLNG, which is operational since December 2023.
26 Nov 24
Ashtead Technology completes acquisition of Seatronics and J2 Subsea
Ashtead Technology, a leading global provider of subsea technology and solutions to the offshore energy market, has announced the completion of its £63m acquisition of Seatronics and J2 Subsea.
26 Nov 24
UAE: DNV certifies first CO2 storage site in the Middle East for ADNOC carbon capture and storage project
DNV has certified the feasibility of ADNOC’s West Aquifer CO2 storage site in the UAE, marking a significant milestone in the Middle East’s carbon capture and storage (CCS) efforts. This certification supports ADNOC’s ambition to reach net zero by 2045 and the UAE's Net Zero 2050 Strategy, highlighting the region’s commitment to climate action and sustainable energy solutions.
26 Nov 24
South Africa: Africa Energy announces Block 11B/12B operations update
Africa Energy has announced that the Company, through its investment in Main Street 1549 Pty Ltd, has formally become the operator of Block 11B/12B offshore South Africa.
26 Nov 24
UK: Serica Energy issues trading and operations update for third quarter and first nine months of 2024
Serica Energy, a British independent oil and gas exploration and production company with a portfolio of UKCS assets, has issued a trading and operations update in respect of the third quarter and first nine months of 2024.
26 Nov 24
India: Shearwater Geoservices awarded large 3D seismic project offshore India
Shearwater Geoservices has received an LOA from ONGC for a large 3D seismic survey off the east coast of India. The high-capacity Oceanic Sirius will carry out the survey, covering an area of approx. 2,200 sq kms, which is expected to take approx. 4 months, commencing early 2025.
26 Nov 24
Georgia: Block Energy announces start of Phase 2 studies for the Company's CCS opportunity in licence XIB
Block Energy, the production and development company focused on Georgia, has announced the start of phase 2 studies for the Company's Carbon Capture and Storage ('CCS') opportunity in licence XIB.
26 Nov 24
US: Union Jack Oil announces positive Taylor 1-16 drilling update, Seminole County, Oklahoma, USA
Union Jack Oil, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company, has announced a positive drilling update in respect of the Taylor 1-16 well, located in Seminole County, Oklahoma, USA, in which Union Jack holds a 45% working interest.
26 Nov 24
UK/Netherlands: Parkmead announces preliminary results for the year ended 30 June 2024
Parkmead, the independent energy group focused on growth through gas, oil and renewable energy projects, has reported its preliminary results for the year ended 30 June 2024.
26 Nov 24
UK: EnergyPathways joins Hydrogen UK
EnergyPathways, an energy transition company developing low carbon integrated energy solutions in the UK, is pleased to announce that it has joined Hydrogen UK, the UK's leading trade association supporting organisations to develop, scale up and deploy hydrogen solutions.
26 Nov 24
Canada: Getech to support Kingfisher in exploring for hydrogen and helium accumulations
Getech, a world-leading locator of subsurface resources, has announced from the Paris H-NAT 2024 natural hydrogen conference that it has won two contracts with Kingfisher Energy Corporation, the private international exploration company, to locate natural hydrogen and helium accumulations in Canada.
26 Nov 24
Cadeler reports strong Q3 results backed by solid client demand and high utilisation of its growing, modern and flexible fleet
Cadeler has published its Q3 Earnings Release, delivering in line with expectations and reporting a backlog approaching EUR 2.4 billion. In Q3, Cadeler continued its growth trajectory, reporting total revenue for the quarter of EUR 81 million, compared to EUR 23 million earned in the comparative period in 2023. EBITDA for Q3 2024 rose to EUR 48 million, compared to EUR 8 million in the same period of 2023.
26 Nov 24
UK: Repsol North Sea fined £350,000 for unreasonable practice and halting NEO’s production
The North Sea Transition Authority (NSTA) has published its highest-ever fine of £350,000 on Repsol North Sea for behaviour that led to a shut-in at the Flyndre field and hampered economic recovery of petroleum.
26 Nov 24
Egypt: US$500 million sustainability bond to support climate finance and boost MSMEs in Egypt
Arab African International Bank (AAIB) has issued a $500 million sustainability bond, with investments from IFC, the European Bank for Reconstruction and Development (EBRD), and British International Investment (BII), to advance Egypt’s green transition and micro, small, and medium-sized enterprises (MSMEs).
26 Nov 24
UAE: ADNOC issues statement on recent media reports regarding ADNOC Gas
Abu Dhabi National Oil Company (ADNOC), the current majority shareholder of 90% of the ordinary shares in ADNOC Gas, notes recent media reports about a potential capital market transaction involving ADNOC Gas.
26 Nov 24
Oman: Tethys Oil's development plan approved for Block 56 onshore Oman
The Field Development Plan ('FDP') for Block 56 has been approved by the Ministry of Energy and Minerals. The approved FDP for Block 56 includes the development of the Al Jumd, Menna and Sarha discoveries as well as further exploration potential with several leads and prospects. Development activities will begin in 2025.
25 Nov 24
Falklands: Rockhopper Exploration provides Sea Lion Operator’s update
AIM-listed Rockhopper Exploration notes the recent update published by Navitas Petroleum ('Operator') on Sea Lion development progress which includes an updated NFB independent resource report conducted by Netherland Sewell & Associates on behalf of Navitas.
25 Nov 24
Eni and MSC work together to achieve decarbonization
Eni, an integrated energy company committed to the energy transition towards carbon neutrality by 2050, and MSC, a world leader in transport and cruise services, intend to extend the scope of their already fruitful business relationship to a broader geographic context and, in particular, to areas relating to sustainability and decarbonization of their operations.
25 Nov 24
Ukraine: Enwell Energy announces suspension of MEX-GOL, SV and VAS production licences
nwell Energy, the AIM-quoted oil and gas exploration and production group, has advised that the State Geologic and Subsoil Survey of Ukraine (the 'SGSS') has issued orders dated 15 November 2024 to suspend the Company’s Mekhediviska-Golotvshinska ('MEX-GOL'), Svyrydivske ('SV') and Vasyschevskoye ('VAS) production licences in Ukraine.
25 Nov 24
UK: Veri Energy signs MoU with Severnside Carbon Capture Hub
Veri Energy has announced the signing of a Memorandum of Understanding (‘MoU’) with Severnside Carbon Capture and Shipping Hub (‘7CO2’) to explore sending CO2 from the Avonmouth Cluster emitter portfolio to Veri’s merchant carbon storage project being developed at the Sullom Voe Terminal (‘SVT’) in the Shetland Islands.
25 Nov 24
Germany: Iberdrola hires ABL to oversee Windanker offshore installation work
Energy and marine consultancy ABL, a subsidiary of ABL Group, has been awarded a sizeable contract to provide marine warranty survey (MWS) services to support the offshore construction of Iberdrola’s 315 MW Windanker offshore wind farm, offshore Germany.
25 Nov 24
France: TotalEnergies accelerates decarbonization of its platform at La Mède
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has joined forces with Air Liquide to produce renewable hydrogen at La Mède in southeast France. This new project complements the Masshylia project to produce green hydrogen by electrolysis led by TotalEnergies in partnership with ENGIE.
25 Nov 24
ASEAN Centre for Energy joins Southeast Asian energy players call for progressive emissions reduction as part of a Just Energy Transition
The ASEAN Centre for Energy, alongside the Ministry of Mines and Energy Cambodia, Pertamina (Persero), PETRONAS, Myanma Oil and Gas Enterprise, Philippine National Oil Company, Singapore LNG Corp and the PTT Public Company Limited, have released a Joint Statement at COP29 to call for a progressive, collaborative, and inclusive approach to methane emissions reduction.
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