Latest News
-
03 Jun 24UK: Public support for cross-party consensus on renewables - offshore wind is best value for billpayers
As the General Election campaign intensifies with energy policy emerging as a key issue, RenewableUK has published new polling which shows overwhelming public support for a cross-party consensus on maximising investment in renewable energy projects to drive down consumer bills and increase Britain’s energy security. -
03 Jun 24ADNOC Logistics & Services to acquire Navig8
ADNOC Logistics and Services, a global energy maritime logistics company, has announced an agreement to acquire Navig8, an international shipping pool operator and commercial management company with an owned fleet of 32 modern tankers and a presence in 15 cities across five continents. -
03 Jun 24Lithuania: Vestas receives a 124 MW order in Lithuania
Vestas has received a 124 MW order for a wind energy project in Telsiai in Lithuania. Vestas will deliver 20 V162-6.2 MW wind turbines, and the order includes supply, delivery, and commissioning of the turbines. The order was placed by Utilitas Wind and Latvenergo AS. -
03 Jun 24Denmark: PGS starts 2D regional rejuvenation for Denmark CCS storage screening
A new PGS reprocessing project for Denmark will provide a regional screening product for carbon storage sites in Norwegian-Danish Basin aquifers. Following a successful feasibility study, PGS is about to kick off a large Denmark 2D CCS reprocessing project covering up to 50,000 line km. -
03 Jun 24UK: OEUK responds as Sir Keir Starmer MP and Anas Sarwar MSP address Scottish Labour on Great British Energy plans
Offshore Energies UK (OEUK) has commented after the Labour leaders addressed their party in Scotland. OEUK shares the ambition to make the UK a green energy superpower but Great British Energy’s ambition cannot be delivered without the UK’s oil and gas sector. -
03 Jun 24UK: Deltic Energy provides Pensacola update
Deltic Energy has provided an update in relation to Licence P2252 and the Pensacola discovery. Deltic has been granted a short period of additional time from Shell UK, in its capacity as Licence Operator of P2252, which will allow Deltic until 12 June to progress discussions with potential counterparties in relation to a possible transaction. -
03 Jun 24Germany: Beacon Energy announces Erfelden operational update
AIM-listed Beacon Energy, the full-cycle oil and gas company with a portfolio of onshore German assets through its wholly-owned subsidiary Rhein Petroleum, has provided an operational update in relation to the SCHB-2 sidetrack well in the Erfelden field. -
03 Jun 24US: Zephyr Energy provides State 36-2R well drilling update
Zephyr Energy, the Rocky Mountain oil and gas company, has provided an update on the State 36-2R well at its flagship asset in the Paradox Basin, Utah, where drilling is about to commence on the final section of the well. -
03 Jun 24US: Mosman Oil and Gas announces strategic first move into helium in USA
Mosman Oil and Gas has acquired a 10% working interest in a helium project in Las Animas County, Colorado, USA from Vecta Oil and Gas, a private company that has explored, drilled and produces helium in Colorado. Vecta will own the remaining 90% WI and operate the project. -
03 Jun 24Tower Resources announces preliminary results to 31 December 2023
AIM-listed Tower Resources, the Africa-focused energy company, has announced its preliminary results for the 12 months ended 31 December 2023 and provided an update on operations in Cameroon and Namibia. -
03 Jun 24Gabon: Appraisal confirms material Hibiscus field reserve increase
BW Energy has concluded the drilling and the logging of the DHIBM-7P pilot well, confirming a substantial oil discovery with good reservoir quality and a material uplift to the Hibiscus area at the Dussafu Marin Permit offshore Gabon. -
03 Jun 24Sweden: Aurora Wind Farm offshore Sweden gets green light
The County Administrative Board of Gotland has decided to recommend the Government grant a permit for the offshore wind farm Aurora developed by OX2 and Ingka Investments. -
03 Jun 24Aramco completes acquisition of 40% stake in Gas & Oil Pakistan
Aramco, one of the world’s leading integrated energy and chemicals companies, has made further progress in its global retail expansion by completing the acquisition of a 40% equity stake in Gas & Oil Pakistan. The investment signals further progress in Aramco’s global retail expansion. -
03 Jun 24Brazil: Subsea 7 awarded four PLSV contracts in Brazil
Subsea 7 has announced, after a competitive tender process, the award by Petrobras of four long-term day-rate contracts for pipelay support vessels (PLSVs) commencing in 2025. The contracts have a combined value of over $1.25 billion. -
03 Jun 24US: JERA to sell part of its equity interest in a subsidiary participating in the Freeport LNG project in the United States
JERA has approved a proposed agreement with Japan Petroleum Exploration Co. ('JAPEX') to sell 15% of its interest in Freeport LNG Development ('FLNG'), which operates the Freeport LNG project in the United States, to JAPEX, for approx. 380 million USD. -
03 Jun 24Australia: Mosman Oil and Gas announces EP 145 - Helium Project update
Mosman Oil and Gas, the hydrocarbon, helium and hydrogen exploration, development and production company, reports that Greenvale Energy, its farmin partner and Operator of the EP 145 project in the Amadeus Basin, has reported that approvals are on track for seismic acquisition to commence in August, allowing it to advance its high-potential helium project in central Australia. -
03 Jun 24DNV leads wind energy development with industry standard for next generation blades
DNV, the independent energy expert and assurance provider, has led an innovative initiative resulting in the revision of the DNV-ST-0376 rotor blade standard, in response to the dynamic landscape of wind turbine development. -
03 Jun 24Angola: Corcel provides an update on its exploration and development operations onshore Angola
AIM-listed Corcel, the pan Angola-Brazil focused exploration and production company, has announced an update to its exploration and development operations in onshore Angola. -
03 Jun 24Trinidad and Tobago receives six bids in Shallow Water Competitive Bidding Round 2023/2024
The Shallow Water Competitive Bidding Round 2023/2024 closed on May 27th, 2024. Thirteen offshore blocks were placed on offer and a total of 6 bids were received for 4 blocks.