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19 Jul 24![]() |
Israel: TechnipFMC awarded Large iEPCI contract for Energean’s Katlan development TechnipFMC has been awarded a large integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Energean for its Katlan development in the Mediterranean Sea. |
19 Jul 24![]() |
US: Vestas secures 117 MW order in the USA Vestas has received a 117 MW order to power an undisclosed project in the USA. Turbine delivery begins in the second quarter of 2025 with commissioning scheduled for the fourth quarter of 2025. |
19 Jul 24![]() |
Spain/Portugal: Repsol and EDF Renewables sign an exclusivity cooperation agreement for offshore wind in Spain and Portugal Repsol and EDF Renewables have reached an exclusivity agreement to join forces in view of future offshore wind tenders in Spain and Portugal, given that the Iberian Peninsula offers significant growth opportunities. |
19 Jul 24![]() |
GoM: Diamond Offshore announces new drillship commitment Diamond Offshore Drilling has entered into a contract with BOE Exploration & Production LLC for the Ocean BlackRhino for work in the U.S. Gulf of Mexico. Work under the new contract is expected to commence late in the first quarter or early second quarter of 2025. |
19 Jul 24![]() |
Libya/Italy: Saipem will ensure the subsea intervention services for the Libya - Italy pipeline Saipem has been awarded a contract to ensure the supervision and the subsea intervention services of the GreenStream pipeline throughout the offshore and onshore sections at the Mellitah (Libya) and Gela (Sicily, Italy) terminals. |
19 Jul 24![]() |
Netherlands: Tenaz Energy announces agreement to acquire NAM Offshore Tenaz Energy Corp has entered into an agreement with Nederlandse Aardolie Maatschappij B.V. ('NAM'), a 50/50 joint venture between Shell and ExxonMobil Corporation, to acquire all of the issued and outstanding shares of NAM Offshore B.V. ('NOBV') for base consideration of €165 million ($246 million). |
18 Jul 24![]() |
Kuwait: KBR awarded advisory consulting contract for Kuwait Oil Company’s renewables and hydrogen masterplan project KBR has been awarded an advisory consulting contract by Kuwait Oil Company for the development of a country wide masterplan for the production of 17GW of renewables and 25GW of green hydrogen by 2050. |
18 Jul 24![]() |
UK: Onshore Wind Industry Taskforce can reduce bills and boost energy security Welcoming the announcement by the Energy Secretary Ed Miliband of a joint industry and government Onshore Wind Industry Taskforce, RenewableUK’s Chief Executive Dan McGrail, who will be a member of the Taskforce, said: 'We’re ready to work closely with the government to achieve its target of doubling onshore wind capacity across the UK by 2030, to cut electricity bills and boost our nation’s energy security. |
18 Jul 24![]() |
Ireland: SSE granted planning permission for Richfield Solar Farm in Wexford SSE Renewables has been granted planning permission for a solar farm located on lands near its existing 18 turbine Richfield Wind Farm at Bridgetown in County Wexford. |
18 Jul 24![]() |
Suriname: QatarEnergy acquires 20% working interest from Chevron in a production sharing contract for Block 5 offshore Suriname QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for Block 5 offshore Suriname. Chevron (the operator) will retain a 40% interest. |
18 Jul 24![]() |
Zimbabwe: Invictus renews Special Grant 4571 licence for further 3 year term Invictus Energy has provided an update on operations at its 80% owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin. Geo Associates, the Company’s 80% owned subsidiary and holder of Special Grant 4571 has received notification that its application to extend the tenure of the SG 4571 licence for a further three years has been approved by the Mining Affairs Board. |
18 Jul 24![]() |
UK: Offshore Energies UK says industry is on track for climate goals The Climate Change Committee’s latest Progress Report says the UK is not on track to hit net zero, calling for the 'rapid reduction of oil and gas use' and to 'limit the expansion of fossil fuel production.' Offshore Energies UK says the UK’s offshore energy industry is on-track to meet its own climate goals and is not slowing down. |
18 Jul 24![]() |
Kazakhstan: Condor Energies signs its first LNG Framework Agreement in Kazakhstan Condor Energies, a Canadian based energy transition company focused on providing stable and sustainable energy transition solutions, has announced the signing of its first LNG Framework Agreement for the utilization of liquefied natural gas ('LNG') to fuel Kazakhstan’s rail locomotives. |
18 Jul 24![]() |
Australia: Canarvon Energy provides Dorado update Carnarvon Energy has provided an update on its world class Dorado Phase 1 liquids development, offshore Western Australia, which continues positive progress towards FEED re-entry later this year and FID in 2025 . |
18 Jul 24![]() |
US: Union Jack Oil provides Andrews 2-17 drilling update - Oklahoma USA Union Jack Oil, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company has announced a positive drilling update in respect of the Andrews 2-17 well, located in Seminole County, Oklahoma, United States in which Union Jack holds a 45% working interest. Completion and production testing of the Andrews 2-17 well is scheduled to commence within the next 14 days. |
18 Jul 24![]() |
UK: Key areas for energy industry partnership in King’s speech Offshore Energies UK says the King’s Speech sets out an ambitious programme for realising the priorities of the new government. The speech outlines serious proposals for the energy sector and economic growth that will be debated over the coming days and weeks and which come hot on the heels of OEUK’s new blueprint for net zero power. |
18 Jul 24![]() |
UK off track for Net Zero, say country’s climate advisors The Climate Change Committee’s assessment is that only a third of the emissions reductions required to achieve the country’s 2030 target are currently covered by credible plans. Our 2030 target is the first one set in line with a Net Zero trajectory. |
18 Jul 24![]() |
GoM: LLOG Exploration acquires 41 deepwater Gulf of Mexico blocks LLOG Exploration Company, a privately-owned exploration and production company focused on the deepwater Gulf of Mexico, has acquired 41 blocks of acreage encompassing approx. 236,000 acres in the East Breaks and Alaminos Canyon area of the deepwater GOM. |
18 Jul 24![]() |
Sweden: Octopus Renewables announces sale of Swedish onshore wind farm Octopus Renewables Infrastructure Trust has announced that, as part of its capital recycling programme, it has entered into a conditional agreement to sell the Ljungbyholm onshore wind farm in Sweden to a German institutional investor for total consideration of approx. €74 million. |
18 Jul 24![]() |
Pharos Energy issues Trading and Operations Update in advance of the Company's Interim Results Pharos Energy has issued a Trading and Operations Update in advance of the Company's Interim Results on 18 September 2024. The Company reports a solid first half, both operationally and financially. Production remains within previously set guidance. |
18 Jul 24![]() |
TGS announces Q2 2024 results TGS has reported interim financial results for Q2 2024. The quarter reflected a strong order inflow in its Acquisition business and a high POC early sales rate, resulting in solid profitability in POC financials. |
18 Jul 24![]() |
TGS announces extension of its deepwater Ocean Bottom Node (OBN) data acquisition campaign in West Africa TGS has announced the extension of its deepwater Ocean Bottom Node (OBN) data acquisition campaign in West Africa. This additional program for a major customer will extend the ongoing acquisition cooperation well into Q4 2024. |
18 Jul 24![]() |
Santos announces 2024 second quarter report Santos has announced its 2024 second quarter results, reporting free cash flow from operations for the half-year expected to be ~US$1.06 billion, US$380 million for the second quarter, sales revenue of US$1.3 billion in the second quarter, consistent with the comparative prior year period. Production increased by 2 per cent quarter on quarter, with second quarter production of 22.2 mmboe. |
18 Jul 24![]() |
Supply shift: End of Ukraine gas transit sets the stage for LNG and pipeline diversions The European Union (EU) targets a ban on Russian fuel imports by 2027. However, nearly half of Russia's pipeline gas supplies to Europe and Moldova are still passing through Ukraine, totaling 13.7 billion cubic meters (Bcm) in 2023. |
18 Jul 24![]() |
Altrad Sparrows wins trio of contracts in West Africa Altrad Sparrows, the engineering and maintenance specialists for the global energy and industrial sectors, is seeing significant growth in Africa thanks to a trio of contract awards in the region. |