Latest News

  • 05 Aug 21
    US: Halliburton and VoltaGrid Electric Solution reduces emissions for Chesapeake Energy
    Halliburton and VoltaGrid have announced the first successful deployment of an advanced electric fracturing solution. This project is the first pad in a multi-year contract with Chesapeake Energy Corp with more than 140 stages in the Marcellus.
  • 05 Aug 21
    Eni acquires Be Power and expands electric charging services offering in Italy and Europe
    Eni, through Eni gas e luce, has signed an agreement to acquire 100% of Be Power, which through its subsidiary Be Charge is the second largest Italian operator with over 5 thousand electric vehicle charging points on public land. The transaction marks a further step forward in Eni's energy transition strategy and commitment to achieve total decarbonisation of products and processes by 2050.
  • 05 Aug 21
    GoM/Mexico: BHP approves Shenzi North project and moves Trion project into the FEED phase
    BHP has approved US$544 million in capital expenditure to execute the Shenzi North oil project in the US Gulf of Mexico. In addition, BHP has also approved US$258 million in capital expenditure to move the Trion oil project in Mexico into the Front End Engineering Design (FEED) phase.
  • 05 Aug 21
    Norway: DNO Norge granted drilling permit for well 2/5-15 in PL 006 C
    The Norwegian Petroleum Directorate has granted a drilling permit to DNO Norge AS for wildcat well 2/5-15 in production licence PL 006 C. The well will be drilled about 15 kms northeast of the Ekofisk field.
  • 05 Aug 21
    Australia: Armour Energy receives approval for Northern Territory asset transfer
    Armour Energy has advised that the transfer of the Northern Territory Exploration Permits (EPs) from Armour Energy to McArthur NT has been approved. McArthur NT will be the operating entity for the Northern Basin Assets.
  • 05 Aug 21
    US: Orsted signs power purchase agreement with Royal DSM
    Royal DSM, a purpose-led global science-based company in nutrition, health and sustainable living, has signed a power purchase agreement with a solar project Ørsted is currently developing in Texas as part of their global journey to a GHG reduction of 50% by 2030 compared to base year 2016.
  • 05 Aug 21
    UK: bp bolsters UK blue hydrogen plans by reaching agreements with more potential customers
    bp has agreed Memoranda of Understanding (MoUs) with a series of new potential customers for its proposed clean hydrogen production facility in Teesside in north-east England.
  • 05 Aug 21
    US: Callon Petroleum to acquire Primexx
    Callon Petroleum has announced an agreement to acquire the leasehold interests and related oil, gas, and infrastructure assets of Primexx Energy Partners and its affiliates. Primexx is a private oil and gas operator in the Delaware Basin. The cash and stock transaction is valued at approx. $788 million.
  • 05 Aug 21
    Petro Matad announces outcome of Open Offer
    Petro Matad, the AIM quoted Mongolian oil company, has announced the outcome of the Open Offer to shareholders launched on 19 July 2021. The aggregate gross amount raised pursuant to the Open Offer is expected to be approx. GBP 76,000.
  • 05 Aug 21
    Egypt: SDX Energy spuds HA-1X well at South Disouq
    SDX Energy, the MENA-focused energy company, has announced the spudding of the Hanut-1 exploration well ('HA-1X'), the second well in the Company's 2021 two-well drilling campaign in South Disouq following the successful IY-2 well announced in July.
  • 05 Aug 21
    GoM: Williams announces agreement on deepwater Whale project
    Williams has reached an agreement with Shell Offshore and Chevron U.S.A. to provide offshore natural gas gathering and crude oil transportation services as well as onshore natural gas processing services for the Whale development located approx. 10 miles from the Shell-operated Perdido host facility.

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