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21 Nov 24
UK: Caledonia Offshore Wind Farm submits application for offshore planning consent
Caledonia Offshore Wind Farm has concluded three years of development work and submitted applications for planning consent to the Scottish Government’s Marine Directorate for 2000MW generation capacity in the outer Moray Firth.
21 Nov 24
Merlin Energy, along with the worldwide GIS (Geographic Information System) community, celebrates GIS day
On Wednesday 20th November, Merlin Energy Resources, along with the worldwide GIS (Geographic Information System) community, celebrated GIS day. It is the 25th year of this event, which aims to spread the word about GIS, geography and location data. The theme of GIS day this year is ‘Mapping Minds, Shaping the Earth’.
21 Nov 24
UK: Data crucial to fulfil huge potential of the North Sea
The Offshore Energies Digital Strategy Group (DSG) is hosting a workshop highlighting the value of free data portals and signposting industry professionals and academic users to where they can be found. An enormous range of information is available including energy leases, seabed surveys, well data, reservoir details and more – all of which can be used for a variety of uses including determining potential carbon storage and offshore wind locations.
21 Nov 24
UK: Willis Sustainable Fuels selects McDermott for sustainable aviation fuel (SAF) facilities in the UK
McDermott has been awarded a master services agreement (MSA) by Willis Sustainable Fuels for sustainable aviation fuel (SAF) facilities in the UK. Under the scope of the agreement, McDermott will perform early engineering, procurement and construction (EPC) related services for the facilities.
21 Nov 24
Velesto, PETRONAS and NOV sign MoU on drilling rig automation system and robotics
Velesto Energy, through its subsidiary Velesto Drilling, has signed a Memorandum of Understanding (‘MoU’) with PETRONAS and National Oilwell Varco (‘NOV’) to implement rig mechanized automation processes and integrate robotics into drilling operations.
21 Nov 24
Africa Oil announces the closing of a material acquisition in Impact Oil and Gas
Africa Oil Corp has completed the purchase of an additional interest of approximately 7.0% in Impact Oil and Gas under the call and put option agreement announced on August 27, 2024.
21 Nov 24
UK: Ithaca Energy announces Q3 update and results for the nine months to 30 September 2024
Ithaca Energy, a leading UK independent exploration and production company, has announced its unaudited financial results for the nine months ended 30 September 2024 and a special dividend of $200 million.
21 Nov 24
US: Nostra Terra Oil and Gas announces £500,000 fundraise aimed at increasing production and cash flow at Pine Mills
AIM-listed Nostra Terra, the international oil & gas exploration and production company with development and production assets in Texas, USA, has announced a £500,000 fundraise aimed at increasing production and cash flow at Pine Mills.
21 Nov 24
Indonesia: Conrad ASia Energy provides update on commercialisation of Aceh shallow water gas discoveries
Conrad Asia Energy, an Asia-focused natural gas exploration and development company, has provided an update on its recent commercialisation activities for shallow-water gas discoveries in its offshore Aceh PSCs
21 Nov 24
US: Ventus Energy expands into US market to drive offshore wind operations
UK-based high voltage (HV) engineering specialist, Ventus Energy, has launched its US entity with two East Coast locations to further support the rapidly growing offshore wind industry in the United States.
21 Nov 24
TGS awarded OBN contract in Europe
TGS has announced award of an OBN contract in Europe. The company’s node-on-a-rope crew is scheduled to commence acquisition early April 2025 and the contract has a duration of approx. 35 days.
21 Nov 24
Nigeria: DUG and PetroVision sign collaborative agreement
DUG Technology has announced a new partnership with PetroVision aimed at promoting and delivering specialised seismic data processing solutions in Nigeria.
20 Nov 24
Trinidad: BP awarded PSC for Block NCMA 2, offshore Trinidad
The Ministry of Energy and Energy Industries (MEEI) has announced that a negotiated Production Sharing Contract (PSC) for Block NCMA 2 has been signed between the Government of the Republic of Trinidad and Tobago and the successful bidder, BP Exploration Operating Company (BPEOC).
20 Nov 24
US: LG Chem and ExxonMobil sign MOU for lithium offtake
ExxonMobil and LG Chem (a leading global chemical company headquartered in Seoul, Korea), have signed a non-binding MOU for a multiyear offtake agreement for up to 100,000 metric tons of lithium carbonate. The lithium will be supplied from ExxonMobil’s planned project in the U.S. to LG Chem’s cathode plant in Tennessee, which LG Chem expects to be the largest of its kind in the U.S.
20 Nov 24
Suriname: ExxonMobil withdraws from Block 52 offshore Suriname
ExxonMobil has formally notified Staatsolie that it will withdraw from Block 52 in the Surinamese offshore area. This withdrawal is part of ExxonMobil's ongoing evaluation of assets in its global portfolio. ExxonMobil is transferring its fifty percent working interest to PETRONAS Suriname E&P, which is the operator of the block.
20 Nov 24
OEUK launches first wind decommissioning guidelines
World-leading decommissioning experts led by Offshore Energies UK have produced a pioneering set of guidelines for the removal of offshore wind turbines which have reached the end of their useful life. Decommissioning of the first generations of wind turbines is already in progress.
20 Nov 24
UK: Offshore Energies UK announces new champions of the North Sea
Awards for excellence in decommissioning were presented to CNOOC International and J+S Subsea at a celebratory dinner for more than 500 leaders of the North Sea specialist industry organised by OEUK as part of its annual Decommissioning Conference held in St Andrews, Scotland.
20 Nov 24
US: LandBridge announces agreement to acquire 46,000 surface acres in the Southern Delaware Basin
LandBridge has entered into a purchase and sale agreement to acquire approx. 46,000 largely contiguous surface acres in the Southern Delaware Basin known as the Wolf Bone Ranch for total consideration of $245 million in cash from a subsidiary of VTX Energy Partners, a Vitol investment.
20 Nov 24
Norway's oil production in October is 8.2 percent more than the NOD’s forecast
Preliminary production figures for October 2024 show an average daily production of 1,988,000 barrels of oil, NGL and condensate. Oil production in October is 8.2 percent more than the NOD’s forecast and 3.9 percent more than the forecast so far this year.
20 Nov 24
Dolphin Drilling to receive payment of USD 20.75 million following Borgland Dolphin contract cancellation
Dolphin Drilling has reached agreement with EnQuest on the early termination of the previously announced 137-day drilling programme for Borgland Dolphin. In exchange for the cancellation of the contract EnQuest shall pay Dolphin a fee of USD 20.75 million before the end of November.
20 Nov 24
India: TGS awarded major 3D streamer contract by ONGC offshore India
TGS has announced the award of a significant 3D streamer contract for ONGC in the Mahanadi basin on the East Coast of India. The Ramform Sovereign is scheduled to mobilize for the survey in January 2025 and the contract has a duration of approx. six months.
20 Nov 24
EnQuest announces operations update
EnQuest has announced operational updates, with revisions to guidance for the year ending 31 December 2024. The updates include operations at Ninian Central, Magnus and Kraken.
20 Nov 24
Eni launches new supercomputer HPC6 that ranks No.5 in the TOP500 list
Eni has announced the completion and launch of a new supercomputing system (High Performance Computing - HPC) HPC6. The launch of HPC6 marks a pivotal moment in Eni’s decarbonisation strategy, where technology and innovation differentiate Eni’s approach and deliver value creation through the development of new businesses related to the energy transition.
19 Nov 24
UK: THREE60 Energy to lead UK’s first multi-asset decommissioning scope
THREE60 Energy, a leading independent energy service company offering complete asset life cycle solutions, has been awarded a multi-million-pound contract by a Major North Sea Operator to provide duty holder services to deliver and support end-to-end decommissioning for multiple assets in the North Sea.
19 Nov 24
Viridien expands its industrial Cloud to the US market
Viridien, formerly CGG, has announced the US launch of its industrial Viridien Cloud for AI and HPC production at SuperComputing 2024. This move expands on Viridien Cloud’s established success in Europe, by now offering tailored cloud solutions and end-to-end expertise to optimize compute-intensive production workloads for US industries.
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