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21 Mar 24
Norway: Equinor drills successful Heisenberg appraisal well and proves oil in the Hummer prospect
Equinor has successfully delineated the 'Heisenberg' oil and gas discovery in wells 35/10-11 S and A in the North Sea, and has also proven oil in the Hummer prospect. The well has been permanently plugged and abandoned.
21 Mar 24
TotalEnergies publishes its Sustainability & Climate – 2024 Progress Report
TotalEnergies has published its Sustainability & Climate – 2024 Progress Report, as pledged by the Board of Directors since 2020. This report gives an account of the implementation the Company's strategy and the progress made in 2023 with regard to the objectives for 2030, notably its achievements in terms of emissions reductions and its contribution to a just, orderly and equitable energy transition for all its stakeholders.
21 Mar 24
TGS Market Overview Report asks whether 2024 is living up to expectations for offshore wind
TGS has released its latest Market Overview Report, powered by 4C Offshore market intelligence. This comprehensive analysis offers an early assessment of the global offshore wind industry for the rest of 2024, building upon the insights provided by last year's report, which anticipated a record-breaking auction year for the sector. The Q1 report looks at whether 2024 is still expected to deliver on that promise.
21 Mar 24
Peru: PetroTal announces Q4 and 2023 financial and operating results
PetroTal, a company focused on development of oil and gas assets in Peru, has announced its Q4 and 2023 financial and operating results.
20 Mar 24
Norway: Hydro signs long-term power contract with Statkraft
Hydro Energi has signed a long-term power purchase agreement (PPA) with Statkraft for the total delivery of 1.28 TWh in the period from May 2024-2027.
20 Mar 24
UK: Supply Chain Principles awards celebrate positive business behaviours - OEUK
Companies demonstrating an outstanding commitment to strengthening business relationships with their supply chain have been recognised by Offshore Energies UK (OEUK) at its flagship business development event at Aberdeen’s P&J Live venue.
20 Mar 24
Thailand: PTTEP ramps up G1/61 gas production to 800 MMSCFD to alleviate the impact of energy prices
PTTEP has ramped up the G1/61 Project’s sales volume to 800 million cubic feet per day as planned. The increased gas delivery will help minimize the impact of electricity price and enhance national energy security.
20 Mar 24
Zanzibar announces first licensing round
The Revolutionary Government of Zanzibar and Ministry of Blue Economy and Fisheries has launched Zanzibar’s 1st Licensing Round, which invites bids for 8 blocks totalling 31,883 sq km. The blocks, which are located offshore to the east of the Unguja and Pemba Islands within water depths between 500m and 3,000m, represent a large frontier area.
20 Mar 24
Ireland: SSE Renewables and FuturEnergy Ireland welcome positive planning decision for Sheskin South Wind Farm
Leading renewable energy partners SSE Renewables and FuturEnergy Ireland have welcomed a decision by An Bord Pleanála last week to grant planning permission for the development of Sheskin South Wind Farm in County Mayo.
20 Mar 24
DUG announces global processing partnership with Wintershall Dea
DUG Technology has announced a new partnership with Wintershall Dea, with the formation of a global 'virtual seismic processing centre'. Wintershall Dea, a leading European independent gas and oil company, will utilise DUG’s seismic data processing and imaging experience.
20 Mar 24
Norway's oil production in February higher than the Norwegian Offshore Directorate’s forecast
Preliminary production figures for February 2024 show an average daily production of 2,138,000 barrels of oil, NGL and condensate. Oil production in February is 3.0 percent more than the NOD’s forecast and 2.4 percent more than the forecast so far this year.
20 Mar 24
Colombia/Argentina: Interoil announces production report for February 2024
Interoil has announced February 2024 production figures for its assets in Colombia and Argentina. Interoil’s total daily average operated production in February declined by around 271 boepd compared with January. The reduction is mainly coming from fields in Argentina whereas Colombia increased its operated production.
20 Mar 24
Trinidad: Wood joint venture secures new framework agreement with Shell in Trinidad & Tobago
Wood’s joint venture company, Massy Wood, has secured a five-year framework agreement with Shell for the delivery of engineering projects and asset support in Trinidad and Tobago.
20 Mar 24
Norway: Aker BP given consent to drill wells 25/5-H-2 H and 25/5-H-2 AH in PL102 F/G in the North Sea
The Norwegian Ocean Industry Authority (Havtil) has granted Aker BP consent to drill exploration wells 25/5-H-2 H and 25/5-H-2 AH in PL102 F/G in the North Sea. The wells will be drilled by the Deepsea Nordkapp semi-sub to test the Trell Portiko 25/5-H-2 H and Trell Sirloin 25/5-H-2 AH prospects
20 Mar 24
UK: Sulmara selected for site characterisation work at Scottish floating offshore windfarm
International subsea specialist Sulmara is continuing its exciting start to 2024 with the announcement it has been awarded a contract to work on one of the world’s largest proposed floating offshore developments. The contract, which will see Sulmara conduct site characterisation at the Stromar floating offshore windfarm in Scotland.
19 Mar 24
ASCO awarded contract extensions worth more than £20 million
Aberdeen-headquartered logistics and materials management company, ASCO, has been granted a string of contract extensions accumulating to more than £20 million. The start of 2024 has seen long-standing clients, Centrica Energy Storage, TotalEnergies and bp renew contracts with the logistics company; each lasting up to three years.
19 Mar 24
Spain: Vestas wins 51 MW EnVentus order in Spain
Renewable energy company ENHOL has placed a 51 MW order for the Cascante wind park, to be located in Navarra, Spain. Turbine delivery is expected to start in the fourth quarter of 2024, while commissioning is planned for the first half of 2025.
19 Mar 24
US: TotalEnergies acquires Talos Low Carbon Solutions, a pioneer in the growing American carbon storage industry
TotalEnergies has signed an agreement to acquire 100% of Talos Low Carbon Solutions (TLCS), an early-mover American company focused on carbon capture and storage.
19 Mar 24
Eksfin provides EUR 525 mn in loan financing to Ørsted
Export Finance Norway (Eksfin) is providing loan financing of EUR 525 mn to Ørsted of Denmark, one of the world’s largest offshore wind developers. The financing is based on the purchase of two transformer platforms from Norway’s Aibel for the Hornsea 3 offshore wind farm project in the UK.
19 Mar 24
OPITO launch new global standard to address offshore safety zone incidents
OPITO, the global safety and skills organisation for the energy industry, has launched a new training standard to ensure increased awareness, competency and reduce incidents in the safety zones around offshore installations.
19 Mar 24
Egypt: TAG Oil completes drilling stage of BED4-T100 horizontal well
TAG Oil has announced a significant milestone in its ongoing exploration and development efforts within the Badr Oil Field with the successful completion of the drilling phase for the BED4-T100 horizontal well. The well has penetrated an over-pressured reservoir with regions of exceptional porosity and permeability. During drilling operations, there have been clear signs of free oil flowing into the wellbore and to surface.
19 Mar 24
Dril-Quip and Innovex to combine creating unique energy industrial platform
Dril-Quip, a leading developer, manufacturer and provider of highly engineered equipment and services for the global offshore and onshore oil and gas industry, and Innovex Downhole Solutions, a global leading provider of mission-critical technologies and services across the well lifecycle for the oil and gas industry, have announced a definitive agreement under which Dril-Quip and Innovex will merge in an all-stock transaction.
19 Mar 24
UK: £400k for National Grid innovation projects as part of Ofgem fund to help shape Britain's net zero transition
Research into state-of-the-art monitoring systems for offshore cables and an initiative to support the decarbonisation of rural areas are among the National Grid-led innovation projects to be funded through the latest stage of Ofgem’s Strategic Innovation Fund (SIF).
19 Mar 24
Nigeria: Savannah Energy announces consolidation of Stubb Creek field interest
Savannah Energy has signed Share Purchase Agreements with Sinopec International Petroleum Exploration and Production Corp and Jagal Ventures to acquire 100% of the outstanding share capital of Sinopec International Petroleum Exploration and Production Company Nigeria Limited ('SIPEC'). SIPEC's principal asset is a 49% non-operated interest in the Stubb Creek oil and gas field, located in Akwa Ibom State, Nigeria.
19 Mar 24
TotalEnergies partners with major international companies to support e-NG development
TotalEnergies is joining seven major companies to create an international coalition supporting the development of production and use of e-natural gas (e-NG), a synthetic natural gas produced from renewable hydrogen and CO2.
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