Latest News
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13 Dec 24
Frontera provides operational update and announces 2025 capital and production guidance
Frontera Energy has provided an operational update and announced its full year 2025 capital and production guidance. Frontera's production has maintained its positive momentum in the second half of 2024, averaging over 42,450 boe/d so far in the fourth quarter. -
13 Dec 24
Pakistan: OGDCL announces gas condensate discovery in the Samanasuk formation at the Bettani-02 (Slant) well in the Wali exploration licence
Oil and Gas Development Company Limited (OGDCL), the operator of the Wali Exploration License with a 100% working interest, has made a gas and condensate discovery in the Samanasuk formation at the Bettani-02 (Slant) well located in District Laki Marwat, Khyber Pakhtunkhwa Province, Pakistan. -
13 Dec 24
Norway: Aker BP's wildcat well 34/6-7 S ('Kaldafjell') disappoints
Aker BP and its partners have drilled wildcat well 34/6-7 S ('Kaldafjell') in the northern part of the North Sea. The well was dry and has been permanently plugged and abandoned. -
13 Dec 24
Germany: RWE expands onshore wind capacity in Mecklenburg-Western Pomerania and North Rhine-Westphalia
In the recent auction for onshore wind turbines by the Federal Network Agency, RWE was awarded the tender for two projects. The company will build one of the farms in Mecklenburg-Western Pomerania, RWE’s first in this region, and expand an existing wind farm in North Rhine-Westphalia. -
13 Dec 24
UK: Orcadian Energy announces co-investor in HALO Offshore UK
AIM-listed Orcadian Energy has agreed to sell 50% of the ordinary shares of HALO Offshore UK to The Independent Power Corporation ('IPC'). Orcadian and IPC intend to seek production acquisition opportunities for HALO with a preference for low-emissions, non-operated, gas producing licences. -
13 Dec 24
Trinidad: Touchstone acquires Central block exploration and production licence
Touchstone Exploration has acquired all the share capital of Shell Trinidad Central Block Limited (STCBL). STCBL holds a 65 percent operating working interest in the Central block exploration and production licence and gas processing plant in the Republic of Trinidad and Tobago. -
13 Dec 24
Australia: North West Shelf Project Extension receives state environmental approval
Woodside and the North West Shelf Joint Venture welcome the Western Australian Government’s decision to provide environmental approval for the North West Shelf Project Extension. After six years of assessment and appeals, this is a critical step in the approvals process to underpin the ongoing operation of the North West Shelf Project so it can continue to deliver a reliable supply of energy locally and globally. -
13 Dec 24
GoM: Subsea7 awarded contract in the US Gulf of Mexico
Subsea 7 has announced the award of a sizeable contract by Shell Offshore Inc. in the US Gulf of Mexico. The project involves the engineering, procurement, construction, and installation of a production flowline and related subsea infrastructure at Shell's Phase 3 Silvertip development, located in the deep waters of Alaminos Canyon, with depths reaching up to 3,000 metres. -
12 Dec 24
GoM: BOEM announces next steps in competitive leasing process for offshore wind energy in Gulf of Mexico
The Bureau of Ocean Energy Management (BOEM) has announced that it is issuing a Determination of Competitive Interest in two Wind Energy Areas (WEAs) in the Gulf of Mexico. The determination comes after an unsolicited request from Hecate Energy Gulf Wind LLC expressing interest in acquiring a commercial wind energy lease for WEA options C and D. -
12 Dec 24
Saudi Arabia: Subsea7 awarded contract offshore Saudi Arabia
Subsea 7 has announced the award of a substantial contract by Aramco under a long-term agreement. The contract scope includes the decommissioning of existing subsea facilities as well as engineering, procurement, construction, and installation of a new pipeline and subsea equipment at the Abu Safah field, located offshore Saudi Arabia. -
12 Dec 24
GoM: Subsea7 awarded contract in the US Gulf of Mexico
Subsea 7 has announced the award of a substantial contract for a subsea tieback development in the US Gulf of Mexico. Subsea7's scope of work includes the engineering, procurement, construction, and installation (EPCI) of subsea equipment, including structures, umbilicals, production risers, and flowlines. -
12 Dec 24
Hungary: ABO Energy connects 20 MW solar farm to the Hungarian grid
ABO Energy recently inaugurated a 20 megawatts solar farm in Hungary, after having connected it to the grid. The project near the city of Szarvas in the Southeast of the country is the biggest project ABO Energy has developed and constructed in Hungary to date.
