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01 May 24	UK: Wood awarded North Sea decarbonisation project for TotalEnergies Wood, a global leader in consulting and engineering, has been awarded a new decarbonisation contract by TotalEnergies to support flare gas recovery in the North Sea. The 23-month contract, part of the Elgin-Franklin Flare Gas Recovery System Project, follows Wood’s successful completion of a field study and front-end engineering design (FEED) and includes the coordination of operations, procurement and design aspects for the Elgin asset.
01 May 24	Touchstone Exploration announces acquisition of Trinity Exploration and Production Touchstone Exploration has reached an agreement with Trinity Exploration and Production on the terms of an all-share acquisition by which Touchstone will acquire all of the issued and to be issued ordinary share capital of Trinity. Trinity is a crude oil exploration, development and production company with onshore and offshore assets located solely in the Republic of Trinidad and Tobago.
01 May 24	Morocco: Predator confirms ratification of Guercif Sandjet rigless testing programme Predator Oil & Gas Holdings has announced that further to the Company's announcement on 20 February 2024, Predator confirms that Petroleum Agreement Amendment No 4 has been ratified and that preparations for the Sandjet rigless testing programme can now be progressed as planned.
01 May 24	Brazil: Petrobras oil and natural gas production grows 3,7% in 12 months Petrobras' average production of oil, NGL, and natural gas in the 1st quarter of 2024 (1Q24) reached 2,776 million barrels of oil equivalent per day, an increase of 3.7% compared to production in the same period of the previous year (1Q23).
01 May 24	Australia: Ørsted secures licences to develop large-scale offshore wind projects in Australia The Australian Government has announced that it has granted a feasibility licence for Ørsted’s first offshore wind project in Australia and intends to grant a licence for a second project, subject to consultation. With the licences, Ørsted aims to develop large-scale offshore wind farms off the coast of Gippsland, Victoria, to be operational in the early 2030s.
01 May 24	UK: Balmoral Comtec marks renewables milestone with Hornsea 3 contract award Balmoral Comtec, a Balmoral Group company and a major provider of buoyancy, protection and insulation services to the global offshore energy market, has been awarded a multi-million-pound contract for the supply of 400 cable protection systems (CPS) by Ørsted for its Hornsea 3 project, located 120km off the Norfolk coast in the UK.
01 May 24	UK: UKOG to farm out Loxley Gas Project AIM-listed UK Oil & Gas (UKOG) has appointed UK based oil and gas divestment and project marketing specialists, Envoi to facilitate the farmout of up to a 50% working interest in the Company's material 100% owned Loxley gas and hydrogen feedstock project. The farmout seeks to fully fund the planned Loxley-1 appraisal drilling and testing programme with the Company's share of costs being carried by the farminee or farminees.
01 May 24	US: LKA confirms 79 mmbbl of recoverable reserves and resources in Ahpun's Alkaid Horizon after Alkaid-2 long term test Pantheon Resources, the oil and gas company with a 100% working interest in the Kodiak and Ahpun projects on Alaska's North Slope, has announced the results of an updated Independent Expert Report. This update covers the Alkaid horizon within its Ahpun Field over which it has a 100% working interest.
01 May 24	Aramco and FIFA announce global partnership Aramco, one of the world’s leading integrated energy and chemicals companies, has signed a four-year global partnership with FIFA.
30 Apr 24	US: ProPetro in three year Hydraulic Fracturing Services Agreement with ExxonMobil in the Permian Basin ProPetro has entered into a three year Hydraulic Fracturing Services Agreement to provide electric hydraulic fracturing services to ExxonMobil in the Permian Basin.
30 Apr 24	OMV joins UN programme for reduction of methane emissions OMV has joined the Oil & Gas Methane Partnership (OGMP 2.0) of the United Nations Environment Programme (UNEP). It is the only comprehensive and most credible reporting framework for the oil and gas industry that improves the accuracy and transparency of methane emissions reporting.
30 Apr 24	Norway leads the way in offering commercial CO2 storage The Norwegian government is pursuing an active policy to facilitate socio-economically profitable storage of CO2 on the Norwegian continental shelf. The policy allows industries with large emission sources to pay for permanent storage instead of releasing CO2 into the atmosphere. The ministry facilitates a fast and efficient allocation of storage permits, allowing players seeking permits to apply as soon as they have developed a sufficiently good application basis.
30 Apr 24	US: Interior Department proposes offshore wind sales in Oregon, Gulf of Maine In another step by the Biden-Harris administration to support the growing momentum across America for a clean energy economy, the Department of the Interior has announced two proposals for offshore wind energy auctions off the coast of Oregon and in the Gulf of Maine.
30 Apr 24	Taiwan: UTEC strengthens presence in Taiwan’s offshore renewables market UTEC, a brand in marine energy and infrastructure services company Acteon, has been awarded an offshore survey and positioning contract for the Taiwan Power Company (TPC) Phase 2 wind farm project offshore Taiwan. The contract further reinforces UTEC’s foothold in Taiwan building on its initial entry in 2019.
30 Apr 24	VAALCO Energy announces closing of accretive all cash Svenska acquisition VAALCO Energy has closed the acquisition of Svenska Petroleum Exploration, an exploration and production company based in Stockholm, Sweden. As previously disclosed, Svenska’s primary asset is a 27.39% non-operated working interest in the deepwater producing Baobab field in Block CI-40, offshore Cote d’Ivoire in West Africa. Net purchase price of $40.2 million was fully funded by cash on hand with no issuance of debt or equity.
30 Apr 24	Denmark: AGR to support geothermal drilling campaign in Denmark AGR has been awarded a contract by geothermal energy supplier Innargi to provide technical consultancy for three geothermal appraisal wells that are being drilled in Aarhus, Denmark. Innargi is owned by A.P. Moller Holding, ATP, NRGi, and Sampension. The company aims to bring clean, reliable district heating to Europe through the renewable resource in subsurface– geothermal energy.
30 Apr 24	UK: Perenco fined record £225,000 for exceeding vent consent Perenco UK has been fined £225,000, the highest ever financial penalty handed out by the North Sea Transition Authority (NSTA), for venting 59 tonnes of gas for over a month from its Dimlington onshore gas processing plant without consent.
30 Apr 24	UK: Hartshead announces quarterly report for the period ended 31 March 2024 Hartshead Resources has provided an overview of the Company’s quarterly activities for the period ending 31 March 2024. The P2607 Joint Venture continues to work on the development of the Anning & Somerville gas fields assuming various possible fiscal scenarios.
30 Apr 24	UK: Archer secures a 2-year contract extension worth USD 40 million Archer has been awarded a two-year contract extension for platform drilling services in the UK with an estimated contract value of USD 40 million.
30 Apr 24	UK: Deltic Energy provides Pensacola update AIM-listed Deltic Energy has provided an update in relation to its Pensacola Discovery on Licence P2252 in the Southern North Sea in which Deltic holds a 30% interest.
30 Apr 24	Morocco: Sound Energy provides exploration permit update Sound Energy, the transition energy company, has provided a further update regarding amendments to its exploration permits at Anoual, and entry into the optional Complementary Period under the exploration permits at Anoual.
30 Apr 24	VAALCO Energy announces publication of its 2023 Sustainability Report VAALCO Energy has issued its 2023 Sustainability Report. The report covers VAALCO's environmental, social and governance ('ESG') initiatives and related key performance indicators for the financial year 2023.
30 Apr 24	Brazil: DOF group awarded multiple contracts with Petrobras DOF has announced that Petrobras has awarded new long-term charter and service contracts for the Skandi Amazonas and Skandi Rio. Both contracts will generate revenue beyond USD 192 M.
30 Apr 24	Gabon: Panoro Energy provides Dussafu operations update Panoro Energy has provided an update on operations at the Dussafu Marin Permit offshore Gabon. Gross production averaged approx. 24,840 bopd in Q1 2024 and in Q2 to date has averaged approx. 29,800 bopd, the uplift in output being attributable to start up of production at the Hibiscus South field where the DHBSM-1H production well was put onstream in March.
30 Apr 24	Gabon/Brazil: BW Energy provides Q1 2024 trading update BW Energy, as the operator of the Dussafu Marine licence in Gabon and the Golfinho cluster offshore Brazil, has provided an update on its operations and development.