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14 May 24
US: Zephyr Energy provides operations update
Zephyr Energy, the Rocky Mountain oil and gas company, has provided an update on operations. Zephyr reports that operations on the State 36-2 LNW-CC-R well in the Paradox Basin, Utah continue to progress in line with expectations and, in the Williston Basin, North Dakota, U.S., hydrocarbon production in Q1 2024 was in line with management's expectations.
14 May 24
Spain: Cepsa selects thyssenkrupp nucera as preferred supplier of a 300-MW electrolyzer for a green hydrogen plant in Spain
Cepsa has selected thyssenkrupp nucera as a preferred supplier of the Cepsa-led Andalusian Green Hydrogen Valley in southern Spain, one of the largest projects of its kind in Europe. The first phase of the Andalusian Green Hydrogen Valley entails a green hydrogen production plant at Cepsa’s La Rábida Energy Park in Palos de la Frontera (Huelva) as part of their partnership with Fertiberia.
14 May 24
Spain: Cepsa selects Siemens Energy’s PEM technology for 100 MW of electrolysis capacity for the Andalusian Green Hydrogen Valley
Cepsa has selected Siemens Energy, one of the world’s leading energy technology companies, for the supply of 100 megawatts (MW) of Proton Exchange Membrane (PEM) electrolysis technology for green hydrogen production at its La Rábida Energy Park in Palos de la Frontera (Huelva), southern Spain.
14 May 24
US: Worley to provide design and evaluation services for Bayou Bend CCS LLC's carbon capture and storage facility
Bayou Bend CCS LLC is a joint venture owned by Chevron, Equinor, and TotalEnergies to develop a carbon capture and storage facility in Southeast Texas. The project has the potential to reduce emissions from regional industrial facilities by sequestering CO2 safely and permanently underground. It includes a CO2 storage footprint of nearly 140,000 acres of pore space.
13 May 24
Australia: TechnipFMC awarded significant iEPCI contract by Woodside Energy for Xena Phase 3 development
TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Woodside Energy in Australia. TechnipFMC will design, manufacture, and install the subsea production system, flexible pipe, and umbilicals for the Xena Infill well (XNA03) to support ongoing production from the Pluto LNG Project.
13 May 24
Argentina: GeoPark announces acquisition of working interest in four high quality adjacent blocks in world class Vaca Muerta
GeoPark, has signed an Asset Purchase Agreement with Phoenix Global Resources, a subsidiary of Mercuria Energy Trading, for the acquisition of non-operated working interest in four adjacent unconventional blocks in the Neuquén Basin in Argentina.
13 May 24
Indonesia: Mubadala Energy announces second consecutive significant gas discovery in South Andaman, Indonesia
Mubadala Energy has announced another substantial gas discovery from the Tangkulo-1 exploration well, drilled in South Andaman, about 65 kms offshore North Sumatra, Indonesia.
13 May 24
UK: European Power systems extends support contract for Harbour Energy in UK North Sea
European Power Systems (EPS) has signed a Master Service Agreement (MSA) with Harbour Energy, for the controls systems on a fleet of light industrial gas turbines on the operator’s North Everest, Lomond and Judy platforms in the UK North Sea. The agreement extends and expands on a previous agreement between the two companies, which covered North Everest and Lomond.
13 May 24
Brazil: Marlim revitalization will add 860 million boe to Petrobras' accumulated production
Petrobras estimates that the revitalization project of the Marlim field in the Campos Basin will produce an additional cumulative volume of 860 million barrels of oil equivalent.
13 May 24
Singapore: Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC
Shell Singapore, a subsidiary of Shell, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC, a joint venture company between Chandra Asri Capital and Glencore Asian Holdings. The transaction will transfer all of Shell’s interest in Shell Energy and Chemicals Park Singapore to CAPGC.
13 May 24
UAE: ADNOC Drilling announces record first quarter revenue and EBITDA
ADNOC Drilling has announced record first quarter revenue and EBITDA for the period ending March 31, 2024. ADNOC Drilling delivered robust 24% year-on-year revenue growth to $886 million, propelled by accelerated fleet expansion and oilfield services growth.
13 May 24
Iraq: Chinese companies win bids to explore Iraq oil and gas fields
Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for hydrocarbon exploration that was primarily aimed at ramping up gas production for domestic use.
13 May 24
FPSO Maria Quitéria leaves China for Brazil
The Maria Quitéria platform ship left China on Monday, 5/6, and will arrive at the Jubarte field in the pre-salt of the Campos Basin, off Espírito Santo coast in the second half of the year.
13 May 24
Tunisia: Voltalia wins a 130-megawatt solar project in Tunisia
Voltalia, an international player in renewable energies, has won a solar project near Gafsa in south-west Tunisia. Building on its expertise and commitment to the region for more than five years, Voltalia has been awarded a 130-megawatt solar project in the Gafsa region.
13 May 24
Gulf Keystone Petroleum announces operational update and launch of up to $10 million share buyback programme
Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, has provided an operational update and has announced the launch of a share buyback programme of the Company's Common Shares for up to a maximum aggregate consideration of $10 million.
13 May 24
Serinus Energy announces Q1 2024 interim financial results
Serinus Energy, an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania, has announced its interim financial results for the three months ended 31 March 2024.
13 May 24
Poland: Cadeler strengthens position in Polish offshore wind market after securing vessel reservation agreements with two Equinor and Polenergia JVs
Cadeler has secured vessel reservation agreements with both MFW Baltyk II and MFW Baltyk III, each a joint venture project owned 50% by Equinor and 50% by Polenergia, marking the first contract between the parties. Operations are scheduled to commence in 2027. The wind farms are situated in the Baltic Sea.
13 May 24
UK: Jersey Oil & Gas announces final results for the year ended 31 December 2023
AIM-listed Jersey Oil & Gas, an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, has announced its audited financial results for the year ended 31 December 2023. Successful completion of two significant Greater Buchan Area farm-out transactions ensured the Company delivered on its core strategic objectives during 2023.
13 May 24
Egypt: QatarEnergy farms into ExxonMobil exploration blocks offshore Egypt
QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt. The Cairo and Masry offshore exploration blocks were awarded to ExxonMobil in January 2023.
13 May 24
Australia/Japan: INPEX and JERA sign agreement to jointly study feasibility of Japan-Australia CCS value chain
INPEX has signed an agreement with JERA to conduct a joint study to assess the feasibility of establishing a Carbon Capture and Storage (CCS) value chain involving the capture of CO2 in Japan and its transportation to Australia for storage.
13 May 24
UK: C-Capture launches innovative carbon capture trial for cement industry
C-Capture, developers of next generation technology for carbon dioxide removal, has launched a new carbon capture trial in the cement manufacturing sector in partnership with Heidelberg Materials.
13 May 24
Seatrium signs multi-year Technology Collaboration Agreement with ABS to accelerate decarbonisation and energy transition
Seatrium, a global provider of engineering solutions to the offshore, marine, and energy industries, has announced a three-year Technology Collaboration Agreement (TCA) with ABS (American Bureau of Shipping) at the Offshore Technology Conference (OTC) 2024 in Houston, Texas.
13 May 24
EMGS reports first quarter 2024 results
Electromagnetic Geoservices (EMGS), the marine EM market leader, has reported its first quarter 2024 results. The Company recorded revenues of USD 0.2 million, down from USD 5.0 million in the first quarter of 2023 and down from USD 1.1 million in the fourth quarter of 2023.
13 May 24
Brazil: Petrobras relies on a solid supply chain to put 14 platforms into production
Petrobras will need a broad and qualified supply chain to meet the demand for new production systems in the coming years. From 2024 to 2028, the Company will start up 14 floating oil production platforms, which account for a third of the global FPSO orders in this period.
13 May 24
Halliburton launches innovative lost circulation cementing solution
Halliburton Company added the SentinelCem™ Pro cement system to its lost circulation solutions portfolio. The single-sack packaging enables proactive storage in offshore and remote locations.
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