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14 Oct 24	EMGS provides vessel activity and multi-client sales update for the third quarter 2024 Electromagnetic Geoservices (EMGS) has released information on vessel activity and multi-client sales for the third quarter 2024.
14 Oct 24	UK: Boralex acquires Sallachy Wind Farm project In line with its growth ambitions in the United Kingdom, Boralex has announced the acquisition of the yet-to-be-constructed Sallachy Wind Farm project from German wind developer WKN, a subsidiary of the PNE Group.
14 Oct 24	US: TGS launches advanced Gulf Coast CO2 Storage Assessment to optimize sequestration strategies TGS has announced the launch of the Gulf Coast CO2 Storage Assessment package. Spanning 70 million acres across the Texas and Louisiana Gulf Coast, this assessment offers essential insights that streamline storage evaluations and guide strategic decisions.
11 Oct 24	US: TGS announces completion of comprehensive CO2 Storage Assessment for the Michigan Basin TGS has announced the availability of its CO2 Storage Assessment for the Michigan Basin. Spanning 50 million acres, this comprehensive study provides detailed insights into the region’s geological formations, capacity estimates, and site suitability for carbon sequestration, offering strategic guidance for optimizing carbon storage projects in the Midwest.
11 Oct 24	Australia powers up the Golden Plains Wind Farm - the largest wind farm in the Southern Hemisphere The largest wind farm in the Southern Hemisphere has begun feeding into Victoria’s electricity grid, powering Victorian homes and businesses with cheap and reliable renewable energy. The Golden Plains Wind Farm at Rokewood will be able to power 765,000 homes – or every home in regional Victoria – when fully operational.
11 Oct 24	Poland: Polenergia and Equinor take another important step in the development of the Baltic 1 project Polenergia and Equinor are jointly implementing the Baltic 1 offshore wind farm project, which is the largest wind farm in the Polish part of the Baltic Sea. The project, with a capacity of up to 1560 MW, is being prepared to participate in an auction in 2025.
11 Oct 24	Shelf Drilling announces new contracts in West Africa Shelf Drilling has announced new contracts for two jack-up rigs in Nigeria. The Company has executed a three-year contract for the Shelf Drilling Achiever jack-up rig for operations offshore Nigeria and has secured a two-year extension for the Adriatic I jack-up rig in direct continuation of the rig’s current contract in Nigeria, plus an additional one-year option.
11 Oct 24	US: Ørsted completes 600 MW combined solar and battery storage project in the US Ørsted has celebrated the official commissioning of the Eleven Mile Solar Center in Pinal County near Phoenix, Arizona. The 300 MW solar farm and 300MW/1200MWh battery energy storage system (BESS) have the capacity to produce enough energy to power 65,000 homes and store 1,200 MWh of power daily.
11 Oct 24	Russia: Vestas and Fortum reach settlement on arbitration related to Russian wind energy projects Vestas and Fortum have settled the arbitration regarding wind energy projects in Russia. The settlement entails that both companies waive past, present and future claims related to their legacy business activities in Russia.
11 Oct 24	Australia: Scarborough Energy Project completes trunkline installation Woodside has announced the successful completion of the installation of the Scarborough Energy Project trunkline. When operational, the 433 km trunkline will transport gas from the offshore Scarborough field to the onshore Pluto LNG processing facility in Karratha.
11 Oct 24	Italy: Zenith Energy provides update on Italian energy production Zenith Energy has provided an update on its Italian energy production activities. The Company's Italian energy production portfolio continues to deliver robust profitability, buoyed by recent increases in the energy pricing.
10 Oct 24	Norway: Barents Blue project assesses options for CO2 storage Horisont Energi is assessing additional CO2 storage options to Polaris as part of the work towards the concept select decision for the clean ammonia project Barents Blue. Recent development for CO2 storages in the North Sea has provided new alternatives, and thus optionality, for the Barents Blue project that were not available when the project was launched.
10 Oct 24	US: ExxonMobil secures largest CO2 offshore storage site in the U.S. ExxonMobil has executed the largest offshore carbon dioxide (CO2) storage lease in the U.S. with the Texas General Land Office. The over 271,000-acre site complements the onshore CO2 storage portfolio ExxonMobil is developing, and further solidifies the U.S. Gulf Coast as a carbon capture and storage (CCS) leader.
10 Oct 24	UK: INEOS Energy announces start-up of compression for the Breagh field INEOS Energy has announced the start-up of the electric-driven compressor at the Teesside Gas Processing Plant, which will significantly boost gas flows from the INEOS operated Breagh gas field. The new compressor represents a significant investment that will secure domestic gas supplies for UK homes and industry for years to come, helping to stabilise prices.
10 Oct 24	TotalEnergies expands global LNG bunkering footprint TotalEnergies has signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600m3 capacity. This new vessel will expand the Company’s global presence in bunkering hubs.
10 Oct 24	UK: Department for Energy Security and Net Zero introduces new scheme to unlock investment in renewable energy storage The UK is a step closer to energy independence as the government launches a new scheme to help build energy storage infrastructure. The new scheme will remove barriers which have prevented the building of new storage capacity for nearly 40 years, helping to create back up renewable energy.
10 Oct 24	Australia: Buru Energy commences drilling at Rafael Shallow 1 in onshore Canning Basin permit EP 428 Buru Energy has advised that the Rafael Shallow Joint Venture comprising Buru, Twinsouth Holdings and Jingie Investments, has spudded the Rafael Shallow 1 well in EP 428 in Western Australia’s onshore Canning Basin.
10 Oct 24	UK: Statement of Intent between The Crown Estate and The North Sea Transition Authority The North Sea Transition Authority and The Crown Estate have published a new Statement of Intent to confirm joint aspirations in ensuring a more sustainable and closely co-ordinated management of the seabed.
10 Oct 24	Australia: Fugro awarded first floating lidar project offshore Gippsland for Ørsted Fugro has been chosen by Ørsted to undertake a 12-month floating lidar measurement campaign for their Gippsland offshore wind farms, off south coast Gippsland, Victoria. Fugro’s advanced SEAWATCH Wind Lidar Buoy will measure wind, wave, current and meteorological parameters to help assess the viability of Ørsted’s wind farms located off Gippsland, Victoria.
10 Oct 24	Norway: Var Energi granted drilling permit for the wells 7122/7-8 and 7122/8-3 S The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for the wells 7122/7-8 and 7122/8-3 S in production licence PL 229.
10 Oct 24	Australia: Santos announces financing of Darwin LNG life extension works Santos has announced the Darwin LNG joint venture, operated by Santos, has achieved financial close of new syndicated bank loan facilities totalling US$800 million. The proceeds will be used to fund the Darwin LNG life extension works.
10 Oct 24	US: 88 Energy publishes updated Project Phoenix Presentation 88 Energy has confirmed that following the resource update announced on 18th September 2024, the Company has today published an updated presentation on Project Phoenix, which is available on the Company's website.
10 Oct 24	KCA Deutag secures backlog exceeding $900 million for land and offshore drilling projects KCA Deutag, a leading drilling, engineering and technology partner, has secured backlog exceeding $900 million in new contracts and extensions for land and offshore drilling projects across Saudi Arabia, Oman, Pakistan, Angola, and Europe.
10 Oct 24	‘Mind the gap’ between UK energy consumption and production, warns OEUK An industry leader has warned that the UK must ‘mind the gap’ between UK energy production and consumption. At Offshore Energies UK’s (OEUK’s) Wells Conference, HSE & Operations Director Mark Wilson revealed the UK is producing less energy than ever before – the equivalent to only 60% of demand.
10 Oct 24	US: Zephyr Energy provides Paradox project update Zephyr Energy, the Rocky Mountain oil and gas company, has provided an update on operations on the State 36-2R LNW-CC well at the Company's flagship project in the Paradox Basin, Utah, U.S. A non-binding letter of intent has been signed with a U.S.-based industry investor to fund 100% of the estimated cost of the extended lateral.