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12 Jul 24![]() |
Aker Solutions announces second-quarter and half-year results 2024 Aker Solutions has delivered another strong quarter with growth in revenues, margins and cash generation compared to the same period last year. |
12 Jul 24![]() |
Norway: Aker BP reports second quarter 2024 results Aker BP continued to demonstrate strong operational performance in the second quarter of 2024, characterised by high production efficiency, low cost, and low emissions. All field development projects progressed as planned |
11 Jul 24![]() |
Malaysia: Jerun field achieves first gas production to boost Malaysia's energy supply PETRONAS has announced that the Jerun field in Block SK 408, located approx. 160 km off the coast of Sarawak, offshore Malaysia, has recently achieved its first gas production. Capable of producing up to 550 million standard cubic feet per day (mmsfd), the project is poised to address the increasing global energy demand. |
11 Jul 24![]() |
Offshore gas production in Southeast Asia is poised to unlock a $100 billion potential - Rystad Energy Offshore gas production in Southeast Asia is poised to unlock a $100 billion potential, driven by a flurry of planned final investment decisions (FIDs) expected to materialize by 2028, according to Rystad Energy’s latest analysis. This represents a more than twofold increase over the $45 billion worth of developments that reached FID from 2014 to 2023 and signals a surge for the region’s offshore gas industry. |
11 Jul 24![]() |
TGS webcast details for Q2 2024 Presentation TGS will release its Q2 2024 results on 18 July 2024. CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at 09:00 CEST. The slides from the presentation will be available in PDF-format at both the TGS and Oslo Stock Exchange websites. |
11 Jul 24![]() |
Angola: Vallourec wins a major order from TotalEnergies in Angola Following a call for tender, Vallourec, a world leader in premium tubular solutions, announces that it has been awarded a contract by TotalEnergies to supply almost 5,000 tonnes of OCTG solutions and associated services for the Kaminho deepwater project on Block 20, 100 km off the coast of Angola. |
11 Jul 24![]() |
UK: Kings Speech must set out a path that supports UK offshore energy industry - OEUK he UK offshore energy industry expects the new Labour government to deliver on its commitment to work in partnership with industry as details of its programme for government are published in the King’s Speech next week. |
11 Jul 24![]() |
US/UK: GEV Wind Power launches new training facilities in UK and US Market-leading wind turbine blade repair and maintenance experts, GEV, has marked an industry first after further investing in its network of training facilities to help bridge the global skills gap for technicians. The group has established the North American Wind Academy at its US headquarters in Texas and has also built on the success of its UK training academy in Hull by introducing a new turbine training initiative. |
11 Jul 24![]() |
US: Avangrid installs first solar panels at Powell Creek Project in Ohio Avangrid, a leading sustainable energy company and member of the Iberdrola Group, announced that it recently installed the 'Golden Row' at its Powell Creek solar project in Putnam County, Ohio near Miller City. The Golden Row represents the first row of solar panels for which the rest of construction will be modeled after. |
11 Jul 24![]() |
Woodside and CPC sign agreement for long-term LNG supply Woodside has signed a sale and purchase agreement (SPA) with CPC, Taiwan’s state-owned oil and gas company, for the long-term supply of liquefied natural gas (LNG) to Taiwan. Under the SPA, Woodside will supply approximately 6 million tonnes of LNG on a delivered basis over 10 years, commencing in July 2024. |
11 Jul 24![]() |
Lithuania: Nordex Group further expands market presence in Lithuania with a new order for 42 MW The Nordex Group has signed a contract with the E energija group for the supply and installation of six N163/6.X wind turbines for a 42 MW wind farm in Lithuania. The wind farm is being developed near the city of Kaunas. |
11 Jul 24![]() |
UAE: TotalEnergies strengthens its position in the Emirates through its partnership in Ruwais LNG TotalEnergies joins, with a 10% interest, the Ruwais LNG project alongside national company ADNOC (60%), Shell (10%), bp (10%) and Mitsui (10%). Launched by ADNOC in June 2024, Ruwais LNG is a liquefied natural gas (LNG) project located in Al Ruwais Industrial city, in Abu Dhabi. |
11 Jul 24![]() |
Wood Group announces half year trading update 2024 Wood has announced a trading update for the half year ended 30 June 2024. The Company's growth strategy continues to deliver, with further growth in EBITDA and order book. Adjusted EBITDA of c.$210 million was up around 4% with margin expansion more than offsetting expected lower revenue. |
11 Jul 24![]() |
Peru: PetroTal announces Q2 2024 operations and corporate updates PetroTal, a company focused on the development of oil assets in Peru, has announced Q2 2024 operational, financial and corporate updates. PetroTal achieved an average production of 18,290 barrels of oil per day in Q2 2024. |
11 Jul 24![]() |
Australia: Seatrium secures Favoured Customer Contract agreement from Teekay Shipping (Australia) Seatrium has secured a Favoured Customer Contract agreement from Teekay Shipping (Australia), marking its first long-term strategic partnership agreement with a leading ship management company for the repairs and upgrades of a fleet of vessels under its Australia Defence Maritime Support Services Program (DMSSP). |
11 Jul 24![]() |
Norway: Var Energi announces second quarter and first half 2024 trading update Vår Energi has provided an update on production, sales volumes and other relevant items ahead of its financial report for the second quarter and first half 2024. |
10 Jul 24![]() |
DNV validates Carbon8's carbon capture and utilization methodology DNV has validated the methodology developed and used by Carbon8, an innovative cleantech company specialising in helping hard-to-abate industries reduce carbon emissions and landfilling of thermal residues. Carbon8’s patented technology permanently captures CO2 at source from hard-to-abate industries and DNV has verified that Carbon8’s methodology satisfies the ISO 14064 part 2 standard. |
10 Jul 24![]() |
US: MET Group secures long-term US LNG source from Shell Swiss-based MET Group has entered into a long-term FOB (Free-On-Board) LNG purchase agreement, by signing a 10-year agreement with Shell. MET’s primary objective is to supply its European customers with US LNG. |
10 Jul 24![]() |
UAE: Shell to invest in Ruwais LNG project in Abu Dhabi Shell Overseas Holdings, a subsidiary of Shell, has signed an agreement to invest in the Abu Dhabi National Oil Company’s (ADNOC) Ruwais liquefied natural gas (LNG) project in Abu Dhabi through a 10% participating interest. LNG deliveries are expected to start in 2028. |
10 Jul 24![]() |
Norway: Wellesley Petroleum drills successful appraisal well 35/10-12 S Wellesley Petroleum has proven oil and gas in the Gnomoria Appraisal (35/10-12 S) well in the North Sea. This is the first appraisal well to be drilled in production licence 1184 S, which was awarded in APA 2022. Preliminary estimations of the size of the discovery range between 5 to 25 million barrels o.e. |
10 Jul 24![]() |
Afentra provides operations and financial update Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa, has provided an update for the 6 months ending 30 June 2024. The Company completed the Azule Acquisition in May 2024 for a net consideration of $28.4 million and has been awarded the Kwanza onshore license KON 19, demonstrating its successful efforts to expand its business in Angola. |
10 Jul 24![]() |
Fishbones signs multi-year contracts with Middle East operators Fishbones, the leading provider of alternative reservoir stimulation technology, has signed contracts for deliveries of Fishbones stimulation technologies with two major national Middle East operators. Contract values are estimated to exceed a total of USD 15 million. |
10 Jul 24![]() |
Valeura Energy provides Q2 2024 operations and financial update Valeura Energy has provided an update on Q2 2024 operations. Production was robust throughout the quarter and in line with expectations, averaging 21.1 mbbls/d.The Company started its extensive development programme on Nong Yao C, offshore Gulf of Thailand, which is now well underway and progressing on track for first oil later in Q3 2024. |
10 Jul 24![]() |
Denmark: BlueNord announces second quarter and first half 2024 results BlueNord has published its second quarter and first half results for 2024. The overarching strong production trend from previous years continued in the first half of 2024 and for the 14th consecutive quarter, BlueNord delivered production in-line with or above guidance. |
10 Jul 24![]() |
Congo (Brazzaville): PetroNor E&P provides Q2 2024 production update PetroNor E&P has provided an update on the Congo operations related to the PNGF Sud field complex. Second quarter average net working interest production was 4,672 bopd, compared with 5,037 bopd in the previous quarter and 5,003 bopd in the same period in 2023. |