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07 Oct 20
Australia: Warradarge Wind Farm powers up
Warradarge Wind Farm in WA's Mid-West will power up to full capacity this month. It is WA's third biggest wind farm and will power the equivalent of 135,000 Western Australian homes' annual electricity needs.
06 Oct 20
US: RWE U.S. onshore wind farm Cranell starts commercial operation
RWE continues to expand its renewables portfolio in North America, one of the company’s strategy focus markets. Cranell wind farm, a 220-megawatt (MW) project, located in Texas, has achieved commercial operation. The project is powered by 100 Vestas 2.2 MW turbines and will have the capacity to generate enough electricity to power more than 66,000 homes.
06 Oct 20
Weatherford announces ForeSite Sense reservoir monitoring solution
Weatherford International has launched ForeSite Sense, the world’s most comprehensive reservoir monitoring solution that shows, in real-time, the critical downhole data that determines profit: pressure, temperature and flow.
06 Oct 20
UK: RWE welcomes the Prime Minister’s package of measures for offshore wind to drive the UK’s green economic recovery
RWE has welcomed the Prime Minister's package of measures including a pledge to invest £160m to upgrade ports and infrastructure in coastal communities, to accelerate the deployment of offshore wind and drive the UK’s future green economic recovery.
06 Oct 20
UK: OGA chief executive welcomes Prime Minister’s announcement on offshore wind and ports
GA Chief Executive Andy Samuel welcomes the Prime Minister’s announcement on offshore wind and ports. The OGA's recent report showed that offshore energy and integration projects such as wind, platform electrification, CCS and hydrogen can contribute up to 60% of the emission reductions required for the whole of the UK to reach net zero.
06 Oct 20
OGUK comments on the merger of Chrysaor with Premier Oil
Following the news of the merger of Chrysaor with Premier Oil, OGUK’s chief executive Deirdre Michie, said: 'Chrysaor and Premier Oil are great stewards, contributors and champions of this industry so this investment is encouraging news for the UK Continental Shelf.'
06 Oct 20
BP fleshes out what net zero in 2050 means for its upstream business
BP followed up the release of its Energy Outlook with a ‘BP Week’ of strategy presentations intended to flesh out its ‘Net Zero in 2050’ ambitions announced in February this year, by the new CEO Bernard Looney. A key ambition is to be ‘net zero on an absolute basis across the carbon content of our upstream oil and gas production by 2050 or sooner.’
06 Oct 20
Proposed merger of Premier and Chrysaor and the reorganisation of Premier’s existing finance arrangements
Premier and Harbour have announced that they have reached agreement with Harbour’s UK operating company Chrysaor, regarding a proposed all share merger between Premier and Chrysaor and the reorganisation of Premier’s existing debt and cross-currency swaps.
06 Oct 20
India: Vestas introduces low-wind variant suited for India’s wind market and expands its production footprint in the country
The global demand for sustainable energy solutions in low and ultra-low wind areas continues to grow as renewable technology improves in efficiency and cost. This trend is especially prominent in India, the world’s fourth largest wind energy market, where the energy demand is expected to double and the government intends to add around 100 GW wind power in the predominantly low-wind market by 2030.
06 Oct 20
Netherlands: Orsted and Yara seek to develop groundbreaking green ammonia project in the Netherlands
Orsted, the world's leading offshore wind developer, and Yara, the world's leading fertilizer company, have joined forces in developing a pioneering project aiming at replacing fossil hydrogen with renewable hydrogen in the production of ammonia with the potential to abate more than 100,000 tonnes of CO2 per year.
06 Oct 20
GoM: BHP to acquire an additional 28 per cent working interest in Shenzi from Hess
BHP has signed a Membership Interest Purchase and Sale Agreement with Hess to acquire an additional 28 per cent working interest in Shenzi, a six-lease development in the deepwater Gulf of Mexico.
06 Oct 20
Premier Oil and Chrysaor announce proposed merger
Premier Oil and Chrysaor have announced a proposed all share merger which would create the largest independent oil and gas company listed on the London Stock Exchange.
06 Oct 20
Russia: Volga Gas announces potentially significant oil discovery
Volga Gas has announced a potentially significant discovery of a new oil field in its ongoing exploration drilling programme within its Karpenskiy Licence Area in structures separate from its existing oil reserves in the Uzen field.
06 Oct 20
Australia: Comet Ridge announces Mahalo Gas Hub area activities update
Comet Ridge has provided an update on recent activities in the Mahalo Gas Hub area. MoU signed with Mine Energy Solutions and IntelliGas Group to assess the feasibility of using Mahalo North pilot gas as high density compressed natural gas to displace diesel fuel and for transport of gas from wellhead to market via virtual pipeline technology.
06 Oct 20
Norway: Odfjell Drilling chosen for Breidablikk drilling
Equinor has announced that a letter of intent has been issued to Odfjell Drilling and the Deepsea Aberdeen rig for drilling of 15 wells for the Breidablikk group, for which the partnership recently submitted the plan for development and operation (PDO). Drilling is scheduled to start in the spring of 2022, and the campaign is estimated to last until the autumn of 2024.
05 Oct 20
GoM: Hess announces sale of interest in Shenzi field, Gulf of Mexico
Hess has entered into an agreement to sell its 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico to BHP Billiton, the field’s operator, for a total consideration of $505 million.
05 Oct 20
Australia: Petrofac to support Australia's largest commercial-scale green hydrogen project
Petrofac’s Engineering and Production Services (EPS) business has been awarded its first ever green hydrogen Front End Engineering Design (FEED) contract for the landmark Arrowsmith Hydrogen Project, which will become Australia’s largest commercial-scale green hydrogen complex.
05 Oct 20
EMGS announces vessel activity and multi-client sales update for the third quarter 2020
At the end of the third quarter 2020 EMGS had one vessel on charter, the Atlantic Guardian, which was cold stacked in Norway for the entire quarter. The Company expects to record approx. USD 0.1 million in multi-client revenues for the third quarter 2020.
05 Oct 20
UK: Snapshot survey of GBP 7.8 billion subsea supply chain reveals cautious optimism among SMEs
A snapshot survey of the UK’s £7.8billion subsea supply chain has revealed that SME’s operating in the underwater engineering industry are cautiously optimistic about the next six to twelve months.
05 Oct 20
UK: Independent Oil and Gas confirms it does not intend to make an offer for Deltic Energy
Independent Oil and Gas (IOG) has confirmed that it does not intend to make an offer for Deltic Energy following Deltics rejection on 2 October of a second offer on improved terms.
05 Oct 20
Norway: Lundin announces acquisition of Barents Sea portfolio from Idemitsu Petroleum Norge
Lundin Energy has announced that its wholly-owned subsidiary, Lundin Energy Norway, has entered into an agreement with Idemitsu Petroleum Norge (IPN) to acquire interests in a portfolio of licences in the Barents Sea, including a 10 percent working interest in the Wisting oil discovery and a further 15 percent working interest in the Alta oil discovery.
05 Oct 20
UK: Union Jack Oil announces commencement of drilling at West Newton B-1 well
AIM-listed Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company, has announced that the onshore West Newton B-1 ('WNB-1') well, the next well following the successful West Newton A-2 ('WNA-2') appraisal well, has now spud.
05 Oct 20
Norway: Digital technologies boosted earnings by over two billion NOK in the first year at Johan Sverdrup
One year after the field came on stream digital solutions are key to maintaining high safety standards and value creation in all parts of the operations at Johan Sverdrup. This has increased earnings by more than NOK two billion.
05 Oct 20
Norway: Strike shuts down four Equinor fields in the North Sea
The trade union Lederne has stepped up its strike on the Norwegian continental shelf from Sunday midnight. As a result of the escalation, Equinor has conducted a controlled closure of the fields Gudrun, Gina Krog, Kvitebjørn and Valemon.
05 Oct 20
Predator Oil and Gas provides operations update
Predator Oil & Gas has provided an update on its operations in Trinidad, Morocco and Ireland. In Trinidad, the exclusivity period under the terms of the Heads of Agreement for C02 gas sales entered into by Predator with Massy Gas Products has been extended to 31 March 2022.
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