Latest News
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28 Jun 22
Norway: ConocoPhillips granted drilling permit for well 25/7-10 in PL782 S
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia a drilling permit for well 25/7-10 in production licence PL782 S. -
28 Jun 22
UK: TGS announces seismic reprocessing project in Central North Sea
TGS has announced a new seismic reprocessing project designed to secure exploration success in the Western Margins of the Central North Sea. This project will see the reprocessing of 3,500 sq kms of data in the Greater Catcher Area covering quads 21, 28, and 29 of the North Sea on the margins of the UK Central Graben. -
28 Jun 22
Getech signs new geospatial services contract
Getech, a geoenergy and green hydrogen company, has signed a 5-year extension to a multi-faceted geospatial services contract with a customer of its transitional petroleum division. The new contract has a total value of £1.65 million. -
28 Jun 22
Nigeria: Savannah Energy announces first gas sales to TransAfam Power
Savannah Energy has announced that Accugas, the Company's 80% indirectly owned subsidiary, has commenced gas sales to TransAfam Power Limited ('TAPL') in relation to the provision of gas for use at its power plants in Rivers State, Nigeria. -
28 Jun 22
Coro Energy announces final results for the year ended 31 December 2021
Coro Energy, the South East Asian energy company focused on leading the regional transition to a low carbon economy, has announced its final results for the year ended 31 December 2021. -
28 Jun 22
India: Ceres and Shell sign agreement for green hydrogen
Ceres Power Holdings, a global leader in fuel cell and electrochemical technology, has signed an agreement with Shell to deliver a megawatt scale solid oxide electrolyser (SOEC) demonstrator in 2023. -
28 Jun 22
Baron Oil provides update on operations ahead of AGM
Baron Oil, the AIM-quoted oil and gas exploration company with projects in SE Asia and the UK, has provided an update on operations ahead of its AGM. -
28 Jun 22
UK: Equinor and SSE Thermal acquire Triton Power and prepare for transition to hydrogen
Equinor and SSE Thermal are stepping up ambitions to contribute to decarbonisation in the UK. The companies are buying power company Triton Power from Energy Capital Partners (ECP), an energy-transition infrastructure investor, and are starting preparations to use hydrogen in the Saltend Power Station. -
28 Jun 22
Brazil: Saipem announces sale of FPSO Cidade de Vitoria to BW Energy
Saipem and BW Energy have signed a Memorandum of Agreement ('MoA') for the sale of the FPSO Cidade de Vitoria, currently owned by Saipem and operated for Petrobras in the Golfinho field offshore Brazil. -
28 Jun 22
US: 1PointFive and Manulife Investment Management announce lease agreement for a carbon capture and sequestration project in Louisiana
1PointFive, a subsidiary of Occidental’s Low Carbon Ventures (OLCV) business, and Manulife Investment Management have announced that OLCV and Manulife entered into a lease agreement for approx. 27,000 acres of timberland in Western Louisiana. The agreement provides 1PointFive with access to subsurface pore space and surface rights to develop and operate a carbon sequestration hub. -
27 Jun 22
France: Vestas secures offshore order for floating wind project Eolmed in France
A consortium formed by Qair, TotalEnergies and BW Ideol has placed a 30 MW order for the Eolmed offshore wind park, a floating project located 18 km off the coast of Gruissan and Port-la Nouvelle, France, in the Mediterranean Sea. -
27 Jun 22
Sweden: Vattenfall and Preem to investigate large scale decarbonization using offshore wind and hydrogen
Vattenfall and Preem are entering into a feasibility phase to assess the possibility of accelerating the development of a value chain connecting offshore wind and hydrogen with the refining industry on the Swedish west coast to swiftly transform to fossil-free fuels, starting latest 2030. -
27 Jun 22
Canada: C-NLOPB announces update of reserve estimate for the Hibernia field
The staff of the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) have updated the most likely Estimated Ultimate Recovery (EUR) for the Hibernia Field. The Proven and Probable (2P) EUR for the Hibernia Field is now 1812 million barrels of oil. The previous 2P EUR from 2014 was 1644 million barrels. -
27 Jun 22
Lundin Energy announces an update to the guidance for its renewables business
Lundin Energy has announced an update to the guidance for its renewables business, expected to trade under the new name Orrön Energy from 1 July 2022. -
27 Jun 22
Australia: Xodus forms advisory group to tackle decommissioning challenges in Australia
Global energy consultancy Xodus has established a new Contaminant Advisory Group to help tackle the decommissioning regulatory challenges facing operators in Australia.
