Latest News
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04 Jun 24Norway: Equinor divests interests in the Gina Krog area
Equinor is selling 19.5% interests in production licenses PL 048E, which is the Eirin field, and PL 1201 to PGNiG Upstream Norway. With this, the ownership between Equinor and PGNiG in these licenses will be balanced with the Gina Krog field. -
04 Jun 24Brazil: DOF Group announces awarded contract for Skandi Vitoria with Petrobras
DOF has announced, as part of an ongoing tender process, an awarded Major Contract by Petrobras for the pipelay support vessel (PLSV) Skandi Vitória with a 3-year firm plus option contract commencing in 2025. -
04 Jun 24Mauritania/Senegal: GTA LNG project reaches significant milestone with arrival of FPSO vessel
bp reports that the floating production storage and offloading (FPSO) vessel, a key component of the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development, has arrived at its final location offshore on the maritime border of Mauritania and Senegal. -
04 Jun 24TotalEnergies increases LNG deliveries to Asia with two new medium and long-term contracts
In line with its strategy to grow its liquefied natural gas (LNG) business, TotalEnergies has announced the signing of two new LNG medium- and long-term contracts in Asia. The agreements allow TotalEnergies to secure medium-term outlets for its global LNG supply portfolio. -
04 Jun 24Petrofac shares restored to trading and publication of the Annual Accounts
Petrofac has announced that, following publication of the Group’s accounts for the year ended 31 December 2023, the Financial Conduct Authority (FCA) has restored the Company’s Ordinary Shares to the premium listing segment of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange. -
04 Jun 24US: 88 Energy reports a maiden internal Prospective Resource estimate of 381 MMbbls of oil for Project Leonis
88 Energy reports a maiden internal Prospective Resource estimate of 381 MMbbls of oil (net mean, unrisked) for Project Leonis, on the North Slope of Alaska. Permitting and planning has commenced for the newly named Tiri-1 exploration well designed to test the Tiri prospect in the USB Formation and a concurrent farm-out process is ongoing to secure a funding partner ahead of drilling. -
04 Jun 24Japan: OEG Renewables and SOMAC sign MoU to offer renewable service solutions in Japan
OEG Energy Group, a leading offshore solutions business, has announced the signing of a Memorandum of Understanding ('MoU') between OEG Renewables ('OEGR') and Sojitz Machinery Corporation ('SOMAC') in relation to the provision of pre-construction, construction support, operations and maintenance ('O&M') and vessel services to offshore wind projects in Japan. -
04 Jun 24Seatrium and M1 partner to accelerate digital transformation with 5G connectivity in yard operations
Seatrium and M1 have jointly signed a Memorandum of Understanding (MoU) to accelerate digital connectivity to aid yard operations, marking a significant milestone in Seatrium’s digital transformation journey. -
04 Jun 24Israel: Zion Oil & Gas announces start of recompletion operations for the MJ-01 well in Israel
Zion Oil & Gas has announced the start of recompletion operations for the MJ-01 well in Israel. The recompletion operations, involving a comprehensive work plan approved by the Israeli Ministry of Energy, are set to proceed through Q3 2024. -
03 Jun 24Norway: Shelf Drilling announces Norway operations update
Shelf Drilling has announced that a subsidiary of Shelf Drilling (North Sea) has received notice from Havtil (Norwegian Ocean Industry Authority) that its application for an Acknowledgement of Compliance (AoC) for the Shelf Drilling Barsk jack-up rig has not been accepted. -
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.