Latest News
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29 Sep 23
UK: We need more projects like Rosebank if we are serious about homegrown UK energy future - OEUK
The leading trade body for the offshore energy sector, Offshore Energies UK (OEUK), has hailed the UK Government’s decision to approve the new Rosebank oil and gas field. At its peak, Rosebank could produce 69,000 barrels of oil (9,000 tonnes) per day – equivalent to 8% of the UK’s entire output between 2026 and 2030. It could also produce in excess of 21 MMSCF of natural gas every day. -
28 Sep 23
UK/Germany hydrogen agreement great boost for homegrown energy
The leading body for the UK’s offshore energy industry, Offshore Energies UK (OEUK), has praised news that the UK and Germany have signed an agreement to work together to accelerate the development of an international hydrogen industry. -
28 Sep 23
UK: IOG announces notice of intention to appoint administrators and suspension of trading in the Company's shares
IOG has announced that, after extensive consideration of the Company's current financial situation following underperformance of the developed assets and the resulting creditor position, the Board has regrettably concluded that IOG should be placed into administration in order to preserve the value of the business for creditors. -
28 Sep 23
Poland: Vestas wins 1,140 MW offshore order for V236-15.0 MW wind turbines in Poland
Vestas has secured a 1,140 MW firm order from Baltic Power, a joint venture between ORLEN and Northland Power, for the Baltic Power Offshore Wind Project in Poland. -
28 Sep 23
Angola: TotalEnergies sells a 40% interest in Block 20 to PETRONAS ahead of its development
TotalEnergies has finalized the sale to PETRONAS of a 40% interest in Block 20 in the Kwanza Basin in Angola. The sale price was $400 million, subject to customary price adjustments. Block 20 contains the Cameia and Golfinho oil discoveries. -
28 Sep 23
Norway/Germany: Equinor and OMV agree new long-term gas sales agreement
Equinor has signed a new long-term gas sales agreement with Austria’s major energy company OMV. The agreement is for 5 years starting 1 October this year and with an annual volume of 12 TWh. The gas will be delivered at Germany’s virtual trading hub THE (Trading Hub Europe) for the OMV European portfolio. -
28 Sep 23
Norway: NPD grants consent for start-up of the Breidablikk field in the North Sea
The Norwegian Petroleum Directorate has granted consent for start-up of the Breidablikk field in the North Sea. Production is expected to start in October. Breidablikk, operated by Equinor, contains around 30 million standard cubic metres of recoverable oil (approx. 190 million barrels of oil). Total investments are around NOK 19 billion. -
28 Sep 23
Montenegro: Alcazar Energy completes the acquisition of rights to 118 MW wind farm in Montenegro
Alcazar Energy, a leading renewable energy investor in growth markets, has announced its acquisition of rights to a 118 MW wind farm project in Montenegro - a major milestone in its strategy to build the largest renewable energy platform in the Western Balkans. -
28 Sep 23
France: Q ENERGY starts constructing one of the biggest battery energy storage projects in France
Q ENERGY has announced the construction start of the 'Merbette' energy storage project on the Emile Huchet power plant site in the French town of Saint-Avold. Once commissioned, it will be one of the largest facilities in the country. -
28 Sep 23
Sweden: Vestas wins 147 MW order in Sweden
Vestas has received a firm order from SR Energy for the Horshaga wind park in Uppvidinge municipality, southern Sweden. -
28 Sep 23
Rockhopper Exploration announces half-year results for the six months ended 30 June 2023
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 2023. -
28 Sep 23
UK: TechnipFMC awarded large iEPCI contract for Equinor’s Rosebank development
TechnipFMC has been awarded a large integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Equinor for its Rosebank project, west of the Shetland Isles in the United Kingdom. -
28 Sep 23
Namibia: Impact Oil & Gas announces update on appraisal and exploration programme, offshore Namibia
Impact Oil & Gas, a privately-owned, Africa-focused, exploration company has announced an update on its appraisal and exploration programme, offshore Namibia, including the successful drilling of the TotalEnergies-operated Venus-1A appraisal well, a flow test on the Venus-1X re-entry in Block 2913B (PEL 56) and its future activity. -
28 Sep 23
United Oil and Gas announces half-year 2023 results
AIM-listed United Oil & Gas has announced its unaudited financial and operating results for the half year ended 30 June 2023. In Jamaica, discussions continue with potential farm-in partners, and in the UK the Company is looking to complete the transaction with Quattro on the P2519 licence containing the Maria discovery. -
28 Sep 23
Morocco: SDX Energy provides update on the Ksiri-21 well in Sebou Central of the Gharb Basin, Morocco
SDX Energy has announced that the KSR-21 well has reached its total vertical depth of 1,955 metres and drilling and wireline logging data confirm the presence of gas charged sands within the targeted reservoir section. -
28 Sep 23
Trinidad: Trinity Exploration announces interim results
Trinity Exploration & Production, the independent E&P company focused on Trinidad and Tobago, has announced its unaudited interim results for the six-month period ended 30 June 2023. -
28 Sep 23
Malaysia: PGS announces final PSDM data available for Sarawak Phase 1
PGS has announced that final imaging products are now available on the first phase of the Sarawak MultiClient project, enabling AVO analysis of prospects and leads using 8,400 sq km of broadband depth data. -
28 Sep 23
Kazakhstan: Plenitude inaugurates its first 50 MW photovoltaic plant in Kazakhstan
Plenitude (Eni) inaugurates today its first photovoltaic plant in the Republic of Kazakhstan, close to Shaulder village in the Turkistan Region. The facility, with a 50 MW installed capacity, further expands Plenitude's international portfolio and its presence, through its subsidiary Arm Wind, in the Kazakhstan's renewables sector.
