Latest News
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30 Sep 22
Providence Resources announces name change to Barryroe Offshore Energy
Further to a resolution of the shareholders at its AGM on 27th July 2022, the Board of Providence Resources, the Irish based energy company, confirms that its name change to Barryroe Offshore Energy, is anticipated to take effect on 27th September 2022. -
30 Sep 22
Canada: Cenovus to help advance sustainable energy opportunities for First Nations
The First Nations Major Projects Coalition (FNMPC) has announced Cenovus Energy as a new member of its Sustaining Partners Program. The program furthers FNMPC’s ability to advance relationships between its members and the private sector on issues of mutual interest. -
30 Sep 22
UK: NSTA publishes 2021 UK Oil and Gas Reserves and Resources report
The North Sea Transition Authority has published the 2021 UK oil and gas reserves and resources report, which finds that petroleum reserves remain at a significant level. Official government forecasts suggest that oil and gas will remain an important and critical part of our energy mix as we transition to net zero. -
30 Sep 22
Tower Resources announces interim results to 30 June 2022
Tower Resources, the AIM-listed oil and gas company with its focus on Africa, has announced its Interim Results for the six months ended 30 June 2022. -
30 Sep 22
UK Angus Energy announces Saltfleetby flow rates and operations update
Angus Energy has announced that gas volumes produced and sold from the Saltfleetly gas field in Lincolnshire equalled 1.2 million Therms comfortably covering any deliverables under the Company's hedging programme at the end of September. -
30 Sep 22
Capricorn Energy announces proposed combination with NewMed Energy
Capricorn and NewMed have announced a proposed combination to create a MENA gas and energy champion and one of the largest upstream energy independents listed in London. The Capricorn Board has unanimously decided to withdraw its intention to recommend the previously announced Tullow Combination. -
30 Sep 22
UK: Hurricane Energy announces half-year results 2022
Hurricane Energy, the UK based oil and gas company, has provided its 2022 interim report and unaudited half-year results for the six-month period ended 30 June 2022. Repaying its Convertible Bonds and becoming debt-free has enabled the Company to consider multiple trajectories for Hurricane's future. -
30 Sep 22
DOF Subsea announces contract awards in Atlantic region
DOF Subsea has announced multiple new project awards and a contract extension in the Atlantic region. The projects combined, total more than 500 vessel days excluding optional work, and a combined revenue of more than 80 million USD. -
30 Sep 22
Reabold Resources announces unaudited interim results for six months ended 30 June 2022
Reabold Resources has announced its unaudited interim results for the six months ended 30 June 2022. Reabold has continued to invest in the development of new UK hydrocarbon resources, acquiring six new North Sea licences from Corallian, and agreeing to acquire interests in another four North Sea Licences via the transaction to buy Simwell Resources post period end. -
30 Sep 22
UK: IOG provides update on Saturn Banks production
IOG, has provided an update on Saturn Banks production, comprising the Blythe, Elgood and Southwark fields. Over 2H 2022 to date, average gross gas rates have been 28.6 mmscf/d, with average realised gas prices of 274 p/therm, resulting in higher revenues in both July and August than previous months. -
30 Sep 22
Falklands: Borders & Southern announces half-year report
AIM-listed Borders & Southern Petroleum has announced its unaudited half year financial statements for the six months to 30 June 2022. -
30 Sep 22
Brazil: Maersk Drilling awarded contract offshore Brazil with Shell
Maersk Drilling has secured a contract from Shell Brasil for the provisioning of the semi-submersible rig Mærsk Developer in the Campos basin offshore Brazil where the rig will drill one exploration well and perform subsea well interventions at the BC-10 field. -
30 Sep 22
Falklands: Rockhopper announces half-year results
Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin, has announced its unaudited results for the six months ended 30 June 2022. -
30 Sep 22
China: Horizon Oil announces Block 22/12, WZ12-8E Phase 2 drilling programme
Horizon Oil has advised that, following the early success of the WZ12-8E Phase 1 development drilling programme, the Block 22/12 Joint Venture has agreed to proceed into a WZ12-8E Phase 2 development that will drill between three and five additional wells from the WZ12-8E wellhead platform. -
30 Sep 22
UK: Orsted completes divestment of 50 per cent of Hornsea 2 Offshore Wind Farm
Ørsted has completed the divestment of 50% of Hornsea 2 Offshore Wind Farm to a consortium comprising AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances. -
29 Sep 22
Germany: Vattenfall awarded major wind power project off the coast of Germany
Vattenfall has obtained the right to develop the N-7.2 offshore wind power project off the German North Sea coast after having exercised its right of entry. The project is expected to generate fossil-free electricity corresponding to the consumption of more than one million German households. -
29 Sep 22
Algeria: Petrofac signs Tinrhert EPC2 contract and MOU to support Algeria’s training goals
Following provisional award in August 2022, Petrofac, leading a consortium with Genie Civil et Batiment (GCB), has signed an engineering, procurement and construction contract with Sonatrach for the Tinrhert EPC2 Development Project. The contract, signed at an official ceremony in Algiers, is valued at approx. US$300 million, with Petrofac’s share around US$200 million. -
29 Sep 22
US: Vestas secures 185 MW order in the US
Vestas has received a 185 MW order to power an undisclosed wind project in the USA. The order consists of 41 V150-4.5 MW turbines. -
29 Sep 22
Congo Brazzaville: PGS extends Congo Vision coverage
The Congo Vision dataset provides a seamless 3D KPSDM seismic volume across the shelf and deepwater areas offshore Congo. The latest extension will increase regional coverage by nearly 50%. -
29 Sep 22
Lansdowne Oil & Gas announces interim results for the six months ended 30 June 2022
Lansdowne Oil & Gas has announced its unaudited results, for the six months ended 30 June 2022. Lansdowne is an upstream oil and gas company, focused on exploration and appraisal activities in the North Celtic Sea Basin, off the south coast of Ireland. -
29 Sep 22
Australia: Red Sky Energy completes drilling operations at Yarrow 3 well
Red Sky Energy has provided an update post the completion of the drilling of the Yarrow 3 well at the Innamincka Dome licenses in the Cooper Basin. Yarrow has been estimated to have a 2C contingent resource of 18 BCF. -
29 Sep 22
UK: Union Jack Oil provides details of the PEDL183 Competent Person's Report by RPS Energy
Union Jack Oil has provided summary details from a Competent Person's Report ('CPR'), dated September 2022, prepared by RPS Energy Canada evaluating the resources of PEDL183, onshore UK. The conclusions of the CPR signal a highly valuable onshore project with resources comparable to those usually reported from offshore developments. -
29 Sep 22
Daystar Power to be acquired by Shell
Daystar Power, a West African provider of hybrid solar power solutions to commercial and industrial (C&I) businesses, has announced its acquisition by Shell. Shell will acquire Daystar Power, which is subject to regulatory approvals, to deliver carbon emission reductions and power cost savings to C&I businesses across Africa.
