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25 Mar 25
UK: EnergyPathways announces MESH Project update
AIM-listed EnergyPathways, an energy transition company, has announced progress on its MESH energy storage project in relation to hydrogen, long duration energy storage and low-carbon flexible power solutions.
25 Mar 25
Tullow Oil announces 2024 Full Year Results
Tullow Oil, the independent oil and gas exploration and production group, has announced its Full Year Results for the year ended 31 December 2024.
25 Mar 25
Gabon: Tullow agrees binding heads of terms for $300 million net of tax sale of Gabon assets to Gabon Oil Company
Tullow Oil has signed a binding heads of terms agreement with Gabon Oil Company for the sale of Tullow Oil Gabon, which holds 100% of Tullow’s working interests in Gabon for cash consideration of $300 million net of tax.
25 Mar 25
UK: Ithaca Energy announces acquisition of JAPEX UK E&P, building Ithaca Energy's interest in the Seagull field
Ithaca Energy, has signed a sale and purchase agreement to acquire the entire issued share capital of JAPEX UK E&P(JUK) from Japan Petroleum Exploration for an enterprise value of US$193 million. JUK holds a 15% working interest in the Seagull oil field in the UK North Sea. The Transaction will increase Ithaca Energy's WI in Seagull from 35% to 50%, equalling bp's interest as the field operator.
25 Mar 25
Australia: Empyrean Energy announces update on the Wilson River-1 well
Empyrean Energy, the oil and gas development company with interests in Australia, Indonesia and the United States, has provided an update on the Wilson River-1 well.
25 Mar 25
Cadeler reports preliminary 2024 results and outlook for 2025
Cadeler, a global leader in offshore wind installation, operations, and maintenance services, has reported preliminary, unaudited financial results for 2024 and financial guidance for 2025. Preliminary 2024 results exceed latest full-year guidance, with anticipated EBITDA of EUR 126 million, EUR 1 million above the upper end of the range indicated in guidance.
25 Mar 25
Floating wind gains momentum amid turbulence from US market withdrawal
TGS, a global provider of energy data and intelligence, has published its latest Quarterly Market Overview Report, as part of the services offered by its 4C Offshore wind market intelligence membership. The report highlights the significant transformation for the offshore wind industry, caused by the United States’ shift in policy, forecasting a potential global installation shortfall of 26 GW by 2035 as a result.
25 Mar 25
Italy: Versalis to start up new recycled polymer production plant at Porto Marghera
Versalis, Eni’s chemical company, has announced the opening of a new plant in Porto Marghera for the production of plastics made wholly or partially from mechanically recycled raw materials. This project marks another key milestone in the company’s commitment to promoting a more circular and environmentally sustainable economy through technological innovation and post-consumer plastics recycling.
24 Mar 25
Norway: TechnipFMC awarded large iEPCI contract for Equinor’s Johan Sverdrup Phase 3 Offshore Norway
TechnipFMC has been awarded a large integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea.
24 Mar 25
UK: Chancellor says Jackdaw and Rosebank will go ahead
Rachel Reeves has revealed that Jackdaw and Rosebank will get the go ahead and stressed the importance of North Sea oil and gas to the British economy 'for decades to come'. Speaking ahead of the Spring Statement on Wednesday, the Chancellor said the two fields - which have been held up by a legal challenge - would get the consents they need to progress.
24 Mar 25
UK: NESO to investigate Heathrow power loss
The Energy Secretary has commissioned the independent National Energy System Operator to urgently investigate the power outage incident that impacted Heathrow Airport and the surrounding area. Working with Ofgem, Ed Miliband is using Energy Act powers to formally launch the investigation.
24 Mar 25
India: EMGS receives contract related to previously announced Letter of Award for survey in India
EMGS has received a Letter of Award for a previously announced CSEM survey in India. The final contract value remains approx. USD 10 million.
24 Mar 25
Tunisia: Scatec signs 25-year PPA in Tunisia for a 120 MW solar plant
Scatec, a leading renewable energy solutions provider has signed a 25-year Power Purchase Agreement (PPA) with Tunisian state utility Société Tunisienne de l’Electricité et du Gaz (STEG) for another 120 MW solar power plant (Sidi Bouzid II) in Tunisia.
24 Mar 25
UK: Vision for North Sea’s role in prosperous transition discussed at key meeting
The North Sea’s exciting future as a clean energy powerhouse which generates investment, jobs and economic growth for decades was the focus of a key meeting between the UK government, industry and regulators today. Members of the North Sea Transition Forum, which sets the strategic direction for the oil and gas industry, discussed, in particular, the government consultation on ways of fostering a world-leading offshore clean energy industry.
24 Mar 25
Wood announces update on discussions with Sidara and extension of PUSU deadline
Following an approach from Sidara in relation to a possible cash offer for the Company, Wood has agreed to an extension to the date by which Sidara is required either to announce a firm intention to make an offer for Wood or to announce that it does not intend to make an offer.
24 Mar 25
Sweden: Equinor acquires onshore wind farm in southern Sweden
Equinor has acquired the operational 95 MW Lyngsåsa wind farm from SUSI Partners. The acquisition is in line with Equinor’s onshore renewables strategy of being a market driven power producer across select markets in Europe and the Americas.
24 Mar 25
Falklands: Rockhopper Exploration announces Sea Lion operator's update
Rockhopper Exploration notes the recent publication by Navitas Petroleum of an updated NFB independent resource report conducted by Netherland Sewell & Associates on behalf of Navitas. The report reflects work carried out to mature the resource base and accelerates later phases of the development programme in the build up to FID. Overall resources at Sea Lion remain unchanged.
24 Mar 25
Predator Oil & Gas announces operational update and commencement of oil sales
Predator Oil & Gas Holdings, the Jersey-based Oil and Gas Company with near-term hydrocarbon operations and production focussed on Morocco and Trinidad, has announced an operational update and commencement of oil sales.
24 Mar 25
Australia: Amplitude Energy and O.G. Energy enter binding JV arrangements to progress East Coast Supply Project
Amplitude Energy (formerly known as Cooper Energy) has entered into a binding interim joint venture agreement with subsidiaries of O.G. Energy regarding the development of the East Coast Supply Project.
24 Mar 25
US: Helium One drills Jackson-4 well to TD - free gas confirmed
AIM_listed Helium One Global, the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, has provided an update regarding the Galactica Project. Free gas confirmed by wireline logs.
24 Mar 25
US: Pantheon Resources announces interim results (unaudited) for the six months ended 31 December 2024
AIM-listed Pantheon Resources, the oil and gas company with a 100% working interest in the Kodiak and Ahpun projects, collectively spanning 258,000 contiguous acres in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, has announced its interim results for the six months ended 31 December 2024
24 Mar 25
Thailand: Horizon Oil acquires 7.5% of Sinphuhorm and 60% of Nam Phong producing gas fields onshore Thailand from Exxon Mobil
Horizon Oil has announced an agreement with Exxon Mobil which results in the acquisition of a 7.5% working interest in the E5N and EU1 development licences, onshore Thailand, which contain the producing Sinphuhorm conventional gas and condensate field, and a 60% interest in the E5 development licence, onshore Thailand, which contains the producing Nam Phong conventional gas field.
24 Mar 25
Namibia unveils offshore drilling plans, new licensing opportunities
Namibia’s offshore oil and gas industry is set for significant growth in 2025, driven by new licensing opportunities and an uptick in drilling activities, Petroleum Commissioner Maggy Shino announced during a webinar hosted by the African Energy Chamber, Wood Mackenzie and Namibia’s Ministry of Mines and Energy.
24 Mar 25
Chouest Group strengthens subsea platform with acquisition of Kystdesign
The Chouest Group has announced the acquisition of Kystdesign, a premier manufacturer of remotely operated vehicle (ROV) systems. This strategic move reinforces Chouest's commitment to innovation and excellence in underwater robotics, further solidifying its position as a global leader in subsea technology.
24 Mar 25
Golar LNG signs finance lease agreements for FLNG Gimi
Golar LNG has entered into finance lease agreements with a consortium of leading Chinese leasing companies for the refinancing of the existing FLNG Gimi debt facility.
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