energy-pedia news
Search energy-pedia news by selecting date, type, and region from the drop-down boxes
The full News Archive is available to Corporate Subscribers only. Non-Subscribers can access up to four years of archived news. For details of how to subscribe click here.
08 Apr 24 |
Siem Offshore agrees to sell nine of its vessels to major shareholder Siem Offshore has agreed to sell 9 of its vessels (Siem Barracuda, Siem Stingray, Siem Opal, Siem Pearl, Siem Topaz, Siem Pilot, Siem Pride, Siem Symphony and Siem Thiima) to the major shareholder Siem Sustainable Energy and related companies in exchange for 35% of the Company’s shares. |
08 Apr 24 |
Shearwater Geoservices completes USD 700 million debt refinancing Shearwater Geoservices, the world’s leading marine seismic acquisition company, has successfully completed the refinancing of its long-term secured debt portfolio to strengthen the platform for sustainable value creation. The Company raised USD 700 million in a new debt refinancing deal. |
08 Apr 24 |
South Korea: Korea: RWE awarded Electricity Business Licence for the development of Seohae offshore wind farm RWE has been awarded a 495-megawatt (MW) Electricity Business Licence (EBL) by the Ministry of Trade, Industry & Energy of Korea to develop the Seohae offshore wind project, located approximately 45 kms off the coast of Taean County in South Korea’s Chungcheongnam Province. |
08 Apr 24 |
Finland/Estonia: Balticconnector’s repair work completed – next, on to commissioning The repairs of the Balticconnector offshore pipeline have been completed according to plans, and the integrity and strength of the pipe have been tested with a water pressure test. Alongside the sea operation, the preparatory work phases for the pipeline’s commissioning have also begun, the implementation of which will take place from land areas in Estonia and Finland. |
08 Apr 24 |
Brazil: Seacrest Petroleo reports CPR confirms long-term production guidance and rapid growth trajectory Seacrest Petroleo has announced the release of an updated Competent Person’s Report with estimates of the Company’s oil and gas reserves as of 31 December 2023. |
05 Apr 24 |
US: TDI-Brooks completes large survey campaign off New York and New Jersey TDI-Brooks conducted an extensive site investigation program in two offshore wind blocks in state and federal waters. The projects involved surveying in excess of 20,000 line-kms of analogue and either single or multi-channel seismic in lease blocks and cable routes along the coasts of New York and New Jersey. |
05 Apr 24 |
Borr Drilling announces contracting update Borr Drilling has received a notice of temporary suspension of operations for its rig 'Arabia I', operating in Saudi Arabia. The temporary suspension will be for a period of up to 12 months, and is expected to commence in the second quarter. The Company intends to seek alternative engagement for the rig while on suspension. |
05 Apr 24 |
Shell provides first quarter 2024 update note Shell has provided an update to the first quarter 2024 outlook which gives an overview of the Company's current expectations for the first quarter. |
05 Apr 24 |
Italy: Baker Hughes to supply Snam with hydrogen-ready technology to support decarbonization and resilience of the Italian gas network Baker Hughes, an energy technology company, has been awarded a contract to be booked in the first quarter of 2024 from Snam, Europe’s leading operator in natural gas transportation, storage and regasification, to provide three NovaLT 12 gas turbine driven compressor trains for a new gas compressor station in Sulmona, Italy. |
05 Apr 24 |
UK: New deal signed for offshore wind innovators to continue driving forward solutions in real-world conditions The Offshore Renewable Energy (ORE) Catapult and Vattenfall have signed a three-year extension on their testing and demonstration collaboration at Aberdeen Offshore Wind Farm. The partnership at the 96.8MW offshore wind test and demonstration facility first began in 2019. |
04 Apr 24 |
DeepOcean awarded frame agreement for subsea infrastructure and cable repair by Equinor Equinor has awarded ocean services provider DeepOcean a frame agreement for marine services covering subsea intervention and repair contingency for subsea pipelines, structures and high voltage cables for both offshore renewables and oil and gas fields. The agreement is valid for four years, with options to extend it for up to four more years. Geographically the agreement is valid for work on the Norwegian continental shelf and internationally. |
04 Apr 24 |
Cote d'Ivoire: President Mattarella visits Eni's projects in Côte d'Ivoire Eni today (April 4) welcomed the President of the Italian Republic Sergio Mattarella at its facilities in Abidjan. The meeting comes as part of President Mattarella's first State visit to Côte d'Ivoire. The President visited a gas transportation facility along the road to Grand Bassam. Gas produced from the Baleine field is fed into the Ivorian energy grid, powering electricity generation in the country. |
04 Apr 24 |
US: Chevron invests in carbon capture and removal technology company, ION Clean Energy Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., has announced a lead investment in ION Clean Energy, a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system. ION raised $45 million in Series A financing led by CNE. |
04 Apr 24 |
Valaris announces contract suspension for jackup VALARIS 143 Valaris has announced that ARO Drilling, its joint venture in Saudi Arabia, received a notice of suspension from Aramco for one of its 19 contracted rigs, jackup VALARIS 143 (EXL I). |
04 Apr 24 |
Norway: Reducing emissions from Sleipner and Gudrun The Sleipner field centre, along with the Gudrun platform and other associated fields, is now partly operating on power from shore. This will reduce annual emissions from the Norwegian continental shelf (NCS) by 160,000 tonnes of CO2. |
04 Apr 24 |
Iraq: DNO Kurdistan operations recover rapidly from torrential flooding DNO, the Norwegian oil and gas operator, has announced that production and field operations at its operated Tawke license (DNO 75 percent) in the Kurdistan region of Iraq have recovered from torrential flooding that also washed away large sections of the banks of the Khabur River, damaging roads and interfering with loading of tanker trucks for deliveries to buyers. |
04 Apr 24 |
UK: Green Volt, leading floating offshore wind project, advances with onshore planning approval Leading offshore wind developers Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have announced that its floating offshore wind project Green Volt has been granted full onshore planning approval. This marks a significant milestone in the development of the most progressed commercial-scale floating wind farm in Europe. |
04 Apr 24 |
US: Biden-Harris administration approves eighth offshore wind project The Biden-Harris administration has announced its approval of the New England Wind offshore wind project – the nation’s eighth approval of a commercial-scale, offshore wind energy project under President Biden’s leadership. With today’s approval, the Department of the Interior has approved more than 10 gigawatts of clean energy from offshore wind projects - enough to power nearly 4 million homes. |
04 Apr 24 |
Thailand: PTTEP signs MoU with Kasetsart University on E&P research and professional development, leading to advance CCS technology in Thailand PTTEP and Kasetsart University have jointly signed the Memorandum of Understanding (MoU) under the 'PTTEP Subsurface University Energy Connect' project. The collaboration is aimed to carry out research study on geoscience and petroleum engineering, develop professionals in petroleum exploration and production, and explore for carbon storage sites. |
04 Apr 24 |
Subsea7 awarded subsea contract Subsea7 today announced the award of a sizeable contract that will be recognised in the backlog of its Subsea and Conventional business unit in the second quarter 2024. The contract is subject to final investment decision, expected in the coming weeks. Offshore activities are scheduled for 2026. |
04 Apr 24 |
PGS awarded a 4D contract in Northern Europe PGS has been awarded a 4D contract in Northern Europe by an independent energy company. The Ramform Tethys is scheduled to mobilize for the survey in late April and the project has a total duration of approximately 30 days. |
04 Apr 24 |
US: Union Jack Oil announces approval of OTCQB Venture Market trading facility in the US Union Jack Oil, a UK and USA focused onshore hydrocarbon production, development and exploration company, has announced that the Company's Ordinary Shares have been approved to trade on the OTCQB Venture Market in the United States of America and will commence trading at market open today (April 4) under the ticker UJOGF. |
04 Apr 24 |
UK: Angus Energy announces Q1 2024 production and operations update Angus Energy has announced a Q1 2024 production and operations update. Gas volumes produced and sold from the Saltfleetby field equalled 6.92 mm therms. Gas condensate (liquid) production averaged 128 bbl/day. At the Brockham oil field, site work has commenced in preparation for rig arrival early in Q2 to reinstate production from the Brockham 2Y well. |
04 Apr 24 |
Equatorial Guinea: Panoro Energy agrees Heads of Terms for Block EG-23 Offshore Equatorial Guinea Panoro Energy has reached an agreement with the Government of Equatorial Guinea on the key terms and conditions for the award of offshore Block EG-23. |
03 Apr 24 |
GoM: Karoon Energy reports approval to drill Who Dat East and South exploration wells in the US Gulf of Mexico and CY24 Capex Guidance Karoon advises that LLOG, as Operator, has confirmed that the Who Dat East and Who Dat South Joint Ventures have approved the drilling of the Who Dat East appraisal/exploration well and the Who Dat South exploration well, located offshore in the US Gulf of Mexico. The total cost of the two wells is expected to be US$67-77 million net to Karoon. |