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12 Feb 24 |
Maha Energy requests an EGM in 3R Petroleum Maha Energy has sent a request to the board of directors of 3R Petroleum to convene an extraordinary shareholders’ meeting to resolve upon a new board of directors. Maha is a shareholder with five percent (5%) direct equity interest in 3R Petroleum. |
12 Feb 24 |
Norway: EMGS receives Letter of Intent for fully prefunded multi-client survey in Norway Electromagnetic Geoservices ('EMGS') has received a Letter of Intent from Equinor for a fully prefunded multi-client survey in the North Sea. Subject to a binding contract being entered into, the fully prefunded survey is expected to commence early March 2024. |
12 Feb 24 |
Netherlands: RWE starts construction of utility-scale battery storage project in the Netherlands RWE is further expanding its battery storage business worldwide. The company has now started construction of its first utility-scale Dutch battery storage project with an installed power capacity of 35 megawatts (MW) and a storage capacity of 41 megawatt-hours (MWh). |
12 Feb 24 |
Equatorial Guinea: Panoro Energy provides update on Equatorial Guinea infill drilling campaign Panoro Energy has provided an update on the drilling campaign offshore Equatorial Guinea that commenced on Block G in January. The JV is of the view that the rig is not operationally safe to drill the wells and the Operator is evaluating alternative options that will allow for the recommencement of the drilling campaign (including the Kosmos operated Akeng Deep exploration well). |
09 Feb 24 |
Onward, previously known as Studio X, unveils new brand identity and inaugural expert-led advisory board Onward has announced its full rebrand as the energy innovation studio fortifies its mission to transform the energy industry and achieve a Net Zero future. In tandem, a newly assembled inaugural advisory board will bolster the company's growth with unique perspectives to advance the energy transition and scale services to the energy sector and to the global climate community. Onward is powered by Shell. |
09 Feb 24 |
Equatorial Guinea: Exxon Mobil to exit Equatorial Guinea Exxon Mobil said on Thursday it will exit Equatorial Guinea in the second quarter of this year, when the oil major will transfer its remaining investments in the country to the local government |
09 Feb 24 |
Vestas Annual Report 2023 – A return to profitability Vestas’ performance improved throughout 2023 with a return to profitability. Order intake set a record of 18.4 GW for the full year, which was driven by a record-setting fourth quarter that underlines the Company's strong momentum at the end of the year. |
09 Feb 24 |
US: Vital Energy closes second transaction to acquire additional working interests related to recent Permian Basin acquisition Vital Energy has announced the second acquisition of additional working interests in producing assets associated with the recent asset acquisition from Henry Energy, Moriah Henry Partners and Henry Resources for total consideration of approx. $78 million. |
08 Feb 24 |
GoM/UK: Diamond Offshore announces new rig commitments Diamond Offshore has executed a two-year contract extension with a subsidiary of bp in the U.S. Gulf of Mexico for the Ocean BlackLion, commencing in September 2024 in direct continuation of the rig’s current contract. The Company has also entered into a drilling contract with Serica Energy (UK) to utilize the Ocean Patriot for two plug and abandonment (P&A) wells in the U.K. North Sea. |
08 Feb 24 |
TGS adds Well Economics to the Well Data Analytics Platform TGS has announced that the latest enhancement to its innovative cloud-based oil and gas analytics platform, Well Data Analytics, now features well economic models and data. The newly added dataset allows real-time delivery of well economic statistics, providing users with valuable insights into oil and gas asset performance based on highly accurate well data and well-specific cost models. |
08 Feb 24 |
UK: GEV Wind Power launches specialist UK & I onshore division, Blade Team Global-leading wind turbine blade repair and maintenance experts, GEV Wind Power, has further bolstered its services with the launch of a new division, called Blade Team. Dedicated to the UK & Ireland onshore market, Blade Team will bring additional maintenance support to the region by providing in field-deployed rotor blade maintenance, utilising powered access platforms and associated services. |
08 Feb 24 |
UK: EthosEnergy strengthens partnership with Harbour Energy EthosEnergy, which specialises in services and solutions for rotating equipment in the energy and industrial sectors, has signed a five-year master service agreement (MSA) with Harbour Energy. The agreement, with an option to extend, sees EthosEnergy become Harbour Energy’s primary service provider for the maintenance and support of a fleet of light industrial gas turbines, across three production assets in the North Sea, UK sector. |
08 Feb 24 |
Norway: AkerBP announces fourth quarter 2023 results Aker BP delivered strong operational performance in the fourth quarter of 2023, with low cost and high efficiency, although production volumes were impacted by an unplanned shutdown at Alvheim. All field development projects continued progressing as planned, and the company maintained its low emissions intensity at an industry-leading level. |
08 Feb 24 |
Aker Solutions announces Q4 2023 results - Solid performance, positioning for long-term profitable growth Aker Solutions delivered solid financial performance in the fourth quarter and for the full-year 2023, with increasing revenue and margins. The large secured backlog of projects with balanced risk-reward profiles provides good visibility for future activity levels. The market outlook remains positive, with increased energy spending forecasted in the years to come. |
08 Feb 24 |
California Resources Corporation to combine with Aera Energy California Resources Corporation (an independent energy and carbon management company committed to energy transition) has announced the signing of a definitive merger agreement to combine with Aera Energy in an all-stock transaction. |
08 Feb 24 |
Georgia: Block Energy announces Independent Engineering Report confirms prospects for Project III farm-out process Block Energy, the development and production company focused on Georgia, has announced an Independent Engineering Report indicating over 1 TCF of 2C contingent gas resources in the Patardzueli and Samgori fields in licence XIB with a Net Present Value of more than USD 500 MM. |
08 Feb 24 |
Timor Leste: Baron Oil announces completion of farm-up with TIMOR GAP Baron Oil has confirmed that the Farm-Up Agreement between Baron's wholly owned subsidiary SundaGas and TIMOR GAP in relation to the TL-SO-19-16 Production Sharing Contract ('Chuditch PSC'), offshore Democratic Republic of Timor-Leste, has completed. |
08 Feb 24 |
Trinidad: Touchstone announces Cascadura-2 drilling results and an operational update Touchstone Exploration has announced an operational update, highlighted by the drilling results of the Cascadura-2 delineation well. |
08 Feb 24 |
US: Zephyr Energy announces operations update Zephyr Energy, the Rocky Mountain oil and gas company, has provided an update on its operated project in the Paradox Basin, Utah and on its non-operated project in the Williston Basin, North Dakota. |
08 Feb 24 |
Cameroon: Tower Resources awarded extension of First Exploration Period of Thali License in Cameroon Tower Resources has received formal notification from the Minister of Mines, Industry and Technological Development in Cameroon ('MINMIDT') of the extension of the First Exploration Period of the Thali production-sharing contract to 4th February 2025, |
08 Feb 24 |
DNO reports 2023 production rebound, North Sea exploration success DNO, the Norwegian oil and gas operator, has reported 2023 revenues of USD 668 million and operating profit of USD 218 million on the back of production rebound in the Kurdistan region of Iraq in a year marked by North Sea exploration success. |
08 Feb 24 |
Sweden: Aker Carbon Capture awarded study for capturing biogenic CO2 in Sweden Aker Carbon Capture has been awarded a feasibility study by Nordbex AB, a Swedish developer of modular carbon negative power plants, for the integration of two Just Catch 100 carbon capture units into an electric power generation project in southern Sweden. Waste residues from local forestry management, timber and pulp and paper industries will be utilized as feedstocks for the new power plant. |
08 Feb 24 |
Norway: AGR wins Var Energi well control scope AGR has been awarded a long-term contract for the provision of blowout and well control studies and associated services to the Vår Energi activities on the Norwegian continental shelf. |
07 Feb 24 |
TGS and GVERSE GeoGraphix announce strategic partnership TGS, a global provider of energy data and intelligence, has announced a strategic partnership with GVERSE GeoGraphix. Together, they will provide an integrated solution that allows geoscientists to easily access and integrate TGS licensed well data within the GVERSE GeoGraphix software suite. |
07 Feb 24 |
Seaway7 and Dong Fang Offshore collaborate on offshore wind in Taiwan Seaway7 and Dong Fang Offshore have signed a Memorandum of Understanding outlining their intention to collaborate in an exclusive manner and further strengthen their offering to the offshore wind market in Taiwan. The collaboration will focus on developing a robust localised cable installation offering for the Taiwanese offshore wind projects to clients. |