Latest News
-
16 Sep 21
UK: Repsol Sinopec awards decommissioning contract to Well-Safe Solutions for Buchan and Hannay field wells
Repsol Sinopec has awarded a multi-million-pound contract to Aberdeen-based Well-Safe Solutions to execute the decommissioning of all wells in its Buchan and Hannay fields. -
16 Sep 21
Norway: Petrolia Noco announces DST results for the Dugong appraisal well in PL 882
JV partner Petrolia Noco has announced the completion of the formation and flow testing (DST) of well 34/4-16 S, located in the Norwegian sector of the North Sea in Production License PL 882. Petrolia Noco has 20% ownership in the license, which is operated by Neptune Energy. -
16 Sep 21
Australia: Vintage Energy books material gas resource for Odin field
Vintage Energy has announced the results of the independent certification of contingent resources for the Odin Field in the Cooper Basin. The Company has announced an approx. 190% increase in Odin Field 2C Contingent Resources booking when compared to pre-drill 2U Prospective Resources. -
16 Sep 21
UK: Kibo Energy announces strategic investment in UK Waste to Energy Project
Kibo Energy, the renewable energy focused development company,has signed a Heads of Terms with EQTEC, a world-leading gasification solutions company, to acquire a 54.54% interest in the proposed 25 MWe Billingham waste gasification and power plant at Haverton Hill, Teesside, UK. -
16 Sep 21
SBM Offshore completes USD 1.6 billion financing of Sepetiba FPSO
SBM Offshore has completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which is the largest project financing in the Company’s history. FPSO Sepetiba will be deployed at the Petrobras-operated Mero field in the Santos Basin, offshore Brazil. -
16 Sep 21
US: New study outlines opportunities for UK companies in growth of US offshore wind
The British Consulate-General in Boston, Massachusetts, has commissioned global energy consultancy Xodus to undertake a US industry analysis to determine the opportunities available for UK companies to enter the growing US offshore wind market. -
16 Sep 21
Norway: Lundin Energy announces successful completion of Lille Prinsen appraisal wells on the Utsira High in the Norwegian North Sea
Lundin Energy has successfully completed appraisal wells on the Lille Prinsen discovery, north of the Edvard Grieg field. The two wells have confirmed a combined updated gross resource range of 12 - 60 million barrels of oil equivalent (MMboe) and the discoveries are being matured for possible project sanction before the end of 2022. -
16 Sep 21
Norway: The Offshore Wind Test Facing Norway’s New Government - TGS Insight
The incoming government coalition in Norway will be tasked with delivering on the country’s long-standing offshore wind ambitions. The most important action: speeding up the project development timeline. -
16 Sep 21
UK: IGas signs agreement with CeraPhi for repurposing onshore assets for geothermal energy
IGas has agreed a Heads of Terms (HoT) with CeraPhi Energy, a specialist in repurposing oil and gas assets for geothermal energy. IGas and CeraPhi will jointly develop geothermal energy projects utilising specific wells in IGas's asset portfolio. -
16 Sep 21
Sound Energy announces half-year report
Sound Energy, the Moroccan focused upstream gas company, has announced its unaudited half-year report for the six months ended 30 June 2021. -
16 Sep 21
Canada: Questerre announces carbon storage project in Quebec
Questerre Energy has recently completed the engineering and work program to test a carbon storage reservoir in Quebec. The operation includes an injectivity test to estimate the optimal injection rate for carbon dioxide into the storage reservoir. -
16 Sep 21
Peru: Karoon and Pitkin settle dispute in respect of Block Z-38, offshore Peru
Karoon Energy has entered into a deed of settlement and release in respect of its dispute with Pitkin Petroleum in respect of Block Z-38, offshore Peru. -
15 Sep 21
US: Vineyard Wind 1 becomes the first commercial scale offshore wind farm in the US to achieve financial close
Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, and Copenhagen Infrastructure Partners (CIP), have announced that the company’s first project has achieved financial close. Working with nine international and U.S. based banks, $2.3 billion of senior debt has been raised to finance the construction of the project. -
15 Sep 21
Australia: NOPSEMA accepts Beach Energy's Prion 3D Marine Seismic Survey environment plan with conditions
NOPSEMA has accepted the Prion 3D Marine Seismic Survey environment plan submitted by Beach Energy subject to conditions. -
15 Sep 21
Brazil: DOF awarded new contracts with Petrobras in Brazil
DOF's Brazilian subsidiary Norskan has been awarded a new long-term contract and extended another one with Petrobras. The Skandi Botafogo has been awarded a 3-year contract with Petrobras and the Skandi Amazonas has been awarded a 1-year extension on a contract with Petrobras. -
15 Sep 21
Mongolia: Petro Matad announces interim results for the six months ended 30 June 2021
Petro Matad, the AIM quoted Mongolian oil company, has announced its unaudited interim results for the six months ended 30 June 2021. The Company is focused on completing all financial and logistical arrangements to ensure an active operational programme in 2022 with the goal of getting the Heron discovery on stream. -
15 Sep 21
Tendeka secures USD 30m worth of new wells contracts
Global completions specialist Tendeka has secured more than $30million worth of international contracts within the last quarter which will cover the next three years. In addition to this unplanned revenue, the company has won long-term work with operators for its swellable packers and sand and inflow control technologies across key energy hubs, including the North Sea, Australasia and the Gulf Cooperation Council (GCC).
