Latest News
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18 Sep 24
Spain sets sights on dominating regional hydrogen market, on track to hit 2030 national target - Rystad Energy
Spain is an established green energy leader in Europe, with its significant wind and solar generation capacity giving renewable power generation over a 50% share of the nation’s total electricity mix. The next phase of Spain’s decarbonization strategy appears to be harnessing its renewable potential for hydrogen. -
18 Sep 24
US: bp to divest operating US onshore wind business, as it focuses onshore renewables in Lightsource bp
bp has announced that it plans to sell its existing US onshore wind energy business, bp Wind Energy, and aims to bring together the development of onshore renewable power projects through Lightsource bp. bp Wind Energy has interests in ten operating onshore wind energy assets across seven US states, operating nine of them. -
18 Sep 24
Breeze Ship Design chosen for two multipurpose supply vessels
Breeze Ship Design has recently been awarded a contract by Fujian Mawei for the design of two new multipurpose offshore supply vessels (MPSVs) for the Greek shipowner Capital Offshore Management Corp. -
18 Sep 24
US: 88 Energy reports significant Contingent Resource update for Project Phoenix
88 Energy has reported a further, independently certified Contingent Resource estimate of 73 MMbbl of hydrocarbon liquids and 43 BCF of gas for the SMD-B and SFS reservoirs in Project Phoenix, onshore Alaska. -
18 Sep 24
Morocco: SDX Energy provides Morocco operations update
SDX Energy has provided an update on its operations in Morocco. The Company continues to explore strategic partnership options with two multi-billion dollar international companies to provide financing support in the short-term, enabling SDX to drill an additional well within six months and acquire new 3D seismic data. -
18 Sep 24
Australia: Woodside and JERA sign agreement for long-term LNG supply
Woodside has signed a sale and purchase agreement (SPA) with JERA for the long-term supply of liquefied natural gas (LNG) to Japan. Under the SPA, Woodside will supply approx. 0.4 million tonnes (six cargoes) of LNG per year over 10 years on a delivered basis, commencing in April 2026. LNG delivered to JERA under the SPA will be sourced from volumes across Woodside’s global portfolio. -
17 Sep 24
Introducing SLB Capturi: pioneering industrial decarbonization with innovative carbon capture solutions
The SLB and Aker Carbon Capture Joint Venture has unveiled its new company name: SLB Capturi. The company is emerging as a leader in accelerating industrial decarbonization through its innovative, industrial-scale carbon capture solutions, ready for immediate implementation. -
17 Sep 24
UK: NSTA Chief Executive speech: Next chapter of North Sea’s story can be the best yet
NSTA Chief Executive Stuart Payne delivered a speech during the plenary session of Offshore Energies UK's annual conference in Aberdeen on 17 September 2024. Stuart said the oil and gas industry can rise to the challenges posed by the energy transition and make the North Sea’s next chapter its best chapter. -
17 Sep 24
US: TGS successfully completes an ultra-high-resolution, 3D geophysical survey for Community Offshore Wind in the New York Bight
TGS, a global leader in energy data and intelligence, has successfully completed the acquisition of an ultra-high-resolution 3D (UHR3D) survey on behalf of Community Offshore Wind in the New York Bight. The survey characterized soil conditions at the site, which is critical for designing the offshore wind project. -
17 Sep 24
Norway: Var Energi preparing for Johan Castberg start-up
Vår Energi is one step closer to reaching its growth target as the production vessel Johan Castberg successfully anchors at the field in the Barents Sea. The Equinor operated floating production and storage vessel (FPSO) Johan Castberg is securely anchored on the field, and preparations for production start-up in the fourth quarter 2024 are ongoing. -
17 Sep 24
UK: Hartshead confirms execution of all licences awarded in the UKCS 33rd Licensing Round
Hartshead Resources has provided a further update on the results of the 33rd Licensing Round Applications. The Company has now received from the North Sea transition Authority (NSTA), as the regulatory body for oil and gas exploration in the UK, all Licenses fully executed and formally awarded.
