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30 Jan 24
Seadrill provides commercial updates on West Vela, West Capella, and West Auriga
Seadrill has announced multiple contract awards totalling approx. $97.5 million in value, in addition to an update on the West Auriga.
29 Jan 24
Geothermal Energy gets a financial boost
UK Geothermal Energy pioneers CeraPhi Energy, and Climate Change Ventures (CCV), the integrated financial services and green project development specialists, have joined forces to exploit their knowledge and experience in bringing terrestrial, thermally derived green energy to the marketplace with CCV facilitating significant investment in CeraPhi’s portfolio of projects.
29 Jan 24
GEOS secures contracts for Energy Passion and Energy Paradise
Golden Energy Offshore Services (GEOS) has entered into contracts with an Tier 1 international oil major for 1 year firm + 1 year option for Energy Passion and 6 months firm + 6 months option for Energy Paradise.
29 Jan 24
UK: Subsea Expo Awards 2024 finalists revealed
The finalists for the 2024 Subsea Expo Awards have been announced ahead of the ceremony taking place in Aberdeen next month. Organised by Global Underwater Hub, the leading trade and industry development body for the UK’s underwater industry, the prestigious annual event will take place on Wednesday, 21 February at P&J Live.
29 Jan 24
Brazil: Petrobras completes first exploratory well in the Equatorial Margin
Petrobras has completed the drilling of the Pitu Oeste exploratory well, in the Potiguar Basin on the Equatorial Margin. The company informed the ANP that it had identified the presence of hydrocarbons, but the economic viability was still inconclusive.
29 Jan 24
Italy: Eni moves ahead with conversion of the Livorno refinery into a bio-refinery
Eni has confirmed its decision to build Italy's third bio-refinery in Livorno.xThe conversion of the Livorno industrial site, following other successful conversions in Porto Marghera (2014) and Gela (2019), confirms Eni's decarbonization strategy, which aims to achieve carbon neutrality by 2050.
29 Jan 24
QatarEnergy and Excelerate Energy sign 15-year agreement to supply LNG from Qatar to Bangladesh
QatarEnergy and Excelerate Energy have signed a long-term LNG sale and purchase agreement (SPA) for the supply of LNG from Qatar to Bangladesh. Qatar is the largest LNG supplier to Bangladesh.
29 Jan 24
Angola: TMC selected by Yinson Production for supply of marine compressed air system to Agogo FPSO
Yinson Production has appointed TMC Compressors to supply a large marine compressed air system to its Agogo FPSO. The Agogo FPSO will be operated in the West Hub field of Block 15/06 offshore Angola.
29 Jan 24
Cameroon: Bowleven reports termination of transaction to sell New Age's participating interests in the Etinde permit to Perenco
Bowleven has been informed by New Age (African Global Energy), the operator of the Etinde JV, that New Age has received a Notification of Termination from a subsidiary of Perenco terminating the conditional sale of New Age's participating interests in the Etinde permit, and operatorship of the Etinde JV, to Perenco.
29 Jan 24
TotalEnergies publishes its latest Human Rights Briefing Paper
As part of its commitment to putting sustainability at the heart of its strategy, TotalEnergies has published the third edition of its Human Rights Briefing Paper. In 2016, TotalEnergies was the first Oil & Gas company to publish an information document on human rights. With this new edition, the Company continues to pursue a path of transparency.
29 Jan 24
Chariot announces operational update
AIM listed Chariot, the Africa focused transitional energy group, has provided an update on the outlook for 2024 and near-term plans across its three pillars, Transitional Gas, Transitional Power and Green Hydrogen.
29 Jan 24
UK: Jersey Oil and Gas announces corporate update
AIM-listed Jersey Oil & Gas, an independent upstream oil and gas company ?focused on the UK Continental Shelf region of the North Sea, has provided a corporate update following the successful delivery of its stated farm-out strategy during 2023.
29 Jan 24
US: Union Jack Oil announces strategic expansion into the United States
AIM-listed Union Jack Oil, a predominantly UK onshore focused production, development and exploration company, has announced details of its initial expansion into the United States of America, with the purchase of three Mineral Royalty packages, brokered by the Company's agent and adviser, Reach Oil & Gas Inc.
29 Jan 24
Germany: Beacon Energy provides production update on the Erfelden field
AIM-listed Beacon Energy, the full-cycle oil and gas company with a portfolio of onshore German assets through its wholly-owned subsidiary, Rhein Petroleum, has announced an operational update on the Schwarzbach-2 ('SCHB-2') well in the Erfelden field.
29 Jan 24
Ireland: Europa Oil & Gas receives approval of FEL 4/19 licence extension
Europa Oil & Gas has received notification from the Irish Government’s Department of the Environment, Climate and Communications (DECC) that the Minister has given his consent to extend the Phase 1 of FEL 4/19 to 31 January 2026. The Company intends to use the extension to carry out further technical studies and allow more time to secure a partner to advance development of the licence.
29 Jan 24
Australia: Falcon Oil & Gas announces commencement of initial production testing at Shenandoah South 1H
Falcon Oil & Gas has announced the commencement of the 30-day initial production (IP30) testing at the Shenandoah South 1H ('SS1H') well in EP117, operated by Falcon Oil & Gas Australia’s joint venture partner, Tamboran B2 Pty Limited.
29 Jan 24
Karoon Energy announces December 2023 Quarterly Activities Report
The December 2023 quarter was a transformational period for Karoon. In November, Karoon announced that it was acquiring a 30% working interest in the Who Dat and Dome Patrol oil and gas fields in the US Gulf of Mexico, plus interests in surrounding exploration acreage, for US$720 million.
29 Jan 24
US: DOE to update public interest analysis to enhance national security, achieve clean energy goals and continue support for global allies
The United States Department of Energy (DOE) has provided notice that it will initiate a process to update the assessments used to inform whether additional liquefied natural gas (LNG) export authorization requests to non-Free Trade Agreement countries are in the public interest.
29 Jan 24
UK: OWGP awards £2.4m to eleven UK businesses and launches next funding round
The Offshore Wind Growth Partnership (OWGP) has released its latest Development Grant funding call, with £2 million available for UK businesses looking to accelerate their growth in the offshore wind supply chain. OWGP also revealed the 11 companies that have secured a share of the £2.4 million funding pot released in May 2023.
29 Jan 24
UK: North Sea remains a vibrant hotbed of technology innovation
The North Sea Transition Authority’s (NSTA) 2023 Technology Insights report shows that 1,200 new technologies, including aerial drone and self-driving subsea vehicles, have been reported in the latest survey, a significant upswing from the 1,080 developments recorded the previous year, and 880 in 2021.
28 Jan 24
Vietnam: Tokyo Gas establishes Thai Binh LNG Power Joint Stock Company for the development of LNG to power project in Thai Binh Province, Vietnam
Tokyo Gas Co has announced the establishment of the Thai Binh LNG Power Joint Stock Company for the development of an LNG to power project in Thai Binh Province, Vietnam together with Truong Thanh Viet Nam Group, a company in Vietnam, and Kyuden International Corporation, a global IPP in Japan.
27 Jan 24
Namibia: Sintana Energy provides PEL 83 exploration campaign update – second significant light oil discovery at Mopane-1X
Sintana Energy has provided an update regarding the ongoing exploration campaign on Blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin, emerging as the one of the world’s most prospective oil and gas regions.
27 Jan 24
Canada: 2 Boralex projects totalling 365 MW selected in Hydro-Quebec wind power call for tenders
Boralex has announced that two wind power projects, totalling 365 MW, have been selected in Hydro-Québec's call for tenders issued on March 31, 2023. This represents a 100% success rate for Boralex in this call for tenders.
26 Jan 24
Norway: Vissim awarded contract on oil spill monitoring for Repsol
Vissim has been awarded a contract by Repsol Norge to implement an upgraded oil spill detection system at the operator’s Yme field on the Norwegian continental shelf.
26 Jan 24
Namibia: Galp provides update on Namibia exploration
Galp (80%, operator), together with its partners NAMCOR and Custos (10% each), has successfully drilled, cored, and logged a deeper target (AVO-2) of the Mopane-1X well in block PEL83, offshore Namibia. In AVO-2, Galp has also discovered a significant column of light oil in reservoir-bearing sands of high quality.
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