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24 Jan 24
UK: Cerulean Winds appoints Head of Scotland and sets up base in Aberdeen
Cerulean Winds has appointed experienced commercial leader Laura Jarvie to a new Head of Scotland role, where she will work closely with stakeholders on the development of the North Sea Renewables Grid.
24 Jan 24
Woodside announces fourth quarter report for period ended 31 December 2023
Woodside has announced its fourth quarter report for the period ended 31 December 2023. The Company reports record full-year 2023 production of 187.2 MMboe (513 Mboe/day), at the top end of production guidance of 183 – 188 MMboe.
24 Jan 24
Tullow Oil announces January trading statement
Tullow Oil has issued a Trading Statement in advance of the Group’s 2023 Full Year Results scheduled to be announced on 6 March 2024. Tullow is on track to deliver c.$600 million free cash flow over the next two years to achieve its stated target of c.$800 million of free cash flow from 2023 to 2025 at $80/bbl.
24 Jan 24
Timor Leste: Baron Oil announces signing of Chuditch farm-up agreement with Timor Gap
Baron Oil has announced that the farm-up agreements 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, have been signed.
24 Jan 24
Genel Energy announces trading and operations update
Genel Energy has issued a trading and operations update in advance of the Company's full-year 2023 results, which are scheduled for release on 26 March 2024. Since the suspension of exports through the Iraq-Türkiye pipeline in March last year, the Company has reshaped the business to provide long-term resilience and maximise potential upside exposure for shareholders.
24 Jan 24
Malaysia: PETRONAS awards seven new PSCs under Malaysia Bid Round 2023 and launches Malaysia Bid Round 2024
PETRONAS has awarded PSCs for six exploration blocks and one Discovered Resource Opportunities (DRO) cluster marketed under the Malaysia Bid Round 2023. PETRONAS has also launched the Malaysia Bid Round 2024, offering five exploration blocks and five clusters of DRO to potential investors.
24 Jan 24
Azerbaijan: BP launches major seismic programme on ACG field
bp as operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development project, commenced a new 4-dimensional (4D) high-definition ocean bottom node seismic programme on the ACG field on 20 January. This is the largest-ever seismic acquisition commitment made by bp globally by all its aspects – area size, cost and programme duration.
24 Jan 24
China: Sinopec discovers China's first ultra-deep shale gas field with proven reserves over 100 BCM
Sinopec has made another breakthrough in its 'Project Deep Earth' by announcing the discovery of Hexingchang gas field in Sichuan, China. The proven geological reserves amount to 133.012 BCM as validated by the State Ministry of Natural Resources, which marks another integrated, ultra-deep and tight-sandstone gas field of over 100 BCM in China.
23 Jan 24
ENTSO-E publishes the first Offshore Network Development Plans paving the way towards the implementation of European Offshore renewable energy targets
ENTSO-E has released the first Offshore Network Development Plans (ONDPs), as part of its Ten-Year Network Development Plan (TYNDP) for 2024, delivering on the important deployment of the offshore infrastructure throughout all the European sea basins ensuring seamless integration of offshore wind farms.
23 Jan 24
Colombia/Ecuador: Gran Tierra Energy announces 2024 guidance and operations update
Gran Tierra Energy has announced the Company's 2024 guidance and operations update. Gran Tierra has announced a 2024 Capital Expenditure Budget of $210-240 million and Expected 2024 Cash Flow of $280-320 million in the Base Case. Forecast 2024 Production of 32,000-35,000 BOPD, Increases of 4% from 2023, 11% from 2022 and 28% from 2021.
23 Jan 24
Germany: Acteon awarded O&M contract by SGRE for Butendiek wind farm
UTEC, a Geo-services brand in Acteon’s Data and Robotics division has been awarded a three-year contract by Siemens Gamesa Renewable Energy (SGRE) to provide subsea balance of plant operations and maintenance (O&M) services to the Butendiek offshore wind farm.
23 Jan 24
Eni boosts supercomputing infrastructure of the Green Data Center
The new HPC6 supercomputer will be one of the most powerful industrial computing systems in the world, marking a major step forward in high-performance computing to support Eni’s transition from today’s energy sources to those of the future.
23 Jan 24
Karoon Energy reports CY24 production update and revised guidance
Karoon expects Brazil production for CY24 to be in the range of 7.2 to 9.0 million barrels (MMbbl) compared to the previous range of 8.0 to 10.0 MMbbl. Karoon’s results for the quarter ending 31 December 2023 will be released on 29 January 2024.
23 Jan 24
Norway's oil production in December higher than the Norwegian Offshore Directorate’s forecast
Preliminary production figures for December 2023 show an average daily production of 2,096,000 barrels of oil, NGL and condensate. Oil production in December is 1.9 percent higher than the Norwegian Offshore Directorate’s forecast and 0.5 percent lower than the forecast this year.
23 Jan 24
Cuba: Melbana Energy announces Quarterly Activities Summary - Period Ended 31 December 2023
Melbana Energy has provided a summary in relation to its activities during the quarter ended 31 December 2023. The summary includes the Block 9 PSC onshore Cuba and operations in Australia, including the Hudson Prospect in NT/P87 and WA-544-P and relinquishment of AC/P51.
23 Jan 24
Brazil: Solstad Offshore announces New contract for CSV 'Normand Fortress' and contract extension for CSV 'Normand Valiant' in Brazil
Solstad Offshore has announced a new contract for the CSV 'Normand Fortress' with Petrobras. The contract has a duration of 2 years firm with possibility of 2 years extension. Additionally, the present contract with Petrobras for CSV 'Normand Valiant', has been extended by 6 months.
23 Jan 24
UK: Union Jack Oil reports interview with SP Angel
AIM-listed Union Jack Oil, an onshore hydrocarbon production, development and exploration company, principally focused in the UK, invites investors to watch an interview with David Mirzai, Head of Energy Research at SP Angel Corporate Finance LLP, Union Jack's Corporate Broker, which covers the Company's latest announcements and its growth potential.
23 Jan 24
Turkey: UKOG commences Pinarova-1 testing operations
UK Oil & Gas (UKOG) has announced that following the delivery of both PSI's perforating and Aladdin Middle East's swab testing equipment to site, Pinarova-1 testing operations have now recommenced.
23 Jan 24
Angola: Serinus Energy selected as preferred bidder on the KON-13 block in Angola's 2023 onshore bid round
Serinus Energy has been selected as a preferred bidder on the KON-13 block in the onshore Kwanza basin in the Republic of Angola.
23 Jan 24
US: Aker Carbon Capture and MAN Energy Solutions join forces to accelerate CCUS in North America
Aker Carbon Capture and MAN Energy Solutions have signed a Memorandum of Understanding to jointly pursue opportunities related to carbon capture, utilization and storage (CCUS) and CO2 compression in the North American market.
23 Jan 24
GoM: W&T Offshore announces closing of accretive acquisition of six Gulf of Mexico fields
W&T Offshore has announced that the Company has completed the accretive acquisition of six fields in shallow waters of the Gulf of Mexico. The six fields acquired include Eugene Island 064, Main Pass 061, Mobile 904, Mobile 916, South Pass 049 and West Delta 073, all of which include a 100% working interest and an average 82% net revenue interest.
23 Jan 24
UK: Optime Subsea secures contract with Equinor for ROCS system
Optime Subsea, a leading player in innovative solutions for the subsea industry, has entered into a significant contract with Equinor for the delivery of its groundbreaking Remote Operated Controls System (ROCS). This contract represents a significant step forward for Optime Subsea, who collaborate with operator Equinor and its partner Ithaca on the Rosebank field.
23 Jan 24
UK: Multi-million-pound bp contract results in significant headcount boost for Camm-Pro
Leading project management and integration company Camm-Pro, has secured a multi-million-pound contract with bp to deliver a major new piece of the UK’s energy infrastructure. The Aberdeenshire based company has been contracted to deliver construction of a new pipeline on Shetland for bp, on behalf of the company and its Clair field co-owners.
22 Jan 24
CIP launches new company dedicated to developing energy island projects globally
Copenhagen Infrastructure Partners ('CIP') is launching Copenhagen Energy Islands ('CEI'), a new development company dedicated to developing energy islands globally with backing from Nordic, European, and North American investors.
22 Jan 24
Angola: Afentra selected as preferred bidder for two blocks in Angola's 2023 onshore bid round
Afentra submitted an application for two blocks in Angola's 2023 onshore bid round and has been informed that it has been selected as preferred bidder for both blocks. As part of the 2023 Public Tender process launched by ANPG, Afentra submitted bids for Blocks KON15 and KON19 located in the Kwanza onshore Basin as a non-operating partner.
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