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16 November 2020
Nostra Terra Oil and Gas Company Plc ("Nostra Terra" or "the Company") Pine Mills - Drilling Update & West Texas Farm-In Update
Nostra Terra (AIM: NTOG), the oil & gas exploration and production company with a portfolio of development and production assets in Texas, USA is pleased to announce that the Cypress farm-out well at the Company's Pine Mills oil field has now reached total depth ("TD"). Pine Mills (East Texas) Following…
16 November 2020
Maersk Drilling secures one-well contract extension for drillship Maersk Viking
Brunei Shell Petroleum Company Sdn. Bhd. (BSP) has exercised the option to add exploration drilling of one deepwater well to the work scope of the 7th generation drillship Maersk Viking. The contract extension has an estimated duration of 35 days, with work expected to commence in May 2021 in direct…
16 November 2020
Green light to start up the Snorre Expansion
The expansion of the Snorre field in the North Sea consists of six subsea templates, which will be tied into Snorre A. Now the authorities have given Equinor and its partners consent to start up. 24 new wells, 13 production wells and 11 VAG (water-alternating gas) injectors will be drilled.…
16 November 2020
GeoStreamer X Viking Graben 2020 Fast Track Data Available
The first data is now ready for viewing on the GeoStreamer X Viking Graben 2020 survey. This survey was completed July 2020. Data quality, even at this early stage, is very good. Final PSDM results will be available Q2 2021. The GeoStreamer X Viking Graben 2020 project applied the latest…
16 November 2020
New contract for DOF
The DOF Group is pleased to announce that PSV Skandi Aukra has been awarded a long term contract by Chrysaor. The charter will commence in December 2020, in direct continuation of its current contract, for a duration of 2 years firm, plus 2 x 1 year options. Skandi Aukra is…
16 November 2020
Total and CMA CGM Complete World’s Largest Liquefied Natural Gas Bunkering Operation at Port of Rotterdam
The CMA CGM Jacques Saadé, the world’s largest containership powered by Liquefied Natural Gas (LNG) has completed her first LNG bunkering with Total’s LNG bunker vessel, the Gas Agility, on November 13th 2020 at the Port of Rotterdam in the Netherlands. The 23,000 TEU1 containership received around 17,300 m3 of…
13 November 2020
Ærfugl phase 1 project starts production
Operator Aker BP and partners Equinor, Wintershall Dea and PGNiG report that production has started from Ærfugl phase 1 in the Norwegian Sea. - I am very proud of the excellent performance shown by the Aker BP project team and our alliance partners to deliver this profitable project safely and…
13 November 2020
Awarding study contracts for Wisting
Equinor has, on behalf of the Wisting licence partners, awarded contracts for concept studies to further progress of the project development towards a final concept select decision. “Wisting is a considerable oil field in the Barents Sea, and we are cooperating well with our partners in further maturing the project.…
13 November 2020
Surat 2020 Work Program Update Horseshoe-2 Stimulation Successfully Completed and Warroon-1 Stimulation Commencing
Highlights: Multi-stage stimulation activities on Horseshoe #2 successfully completed. Horseshoe #2 proceeding to flowback, clean-up and re-connection to the gas gathering network. Stimulation equipment relocated to Warroon #1 to commence single-stage stimulation. The Board of Armour Energy (“Armour” or the “Company”) is pleased to provide an update on the Surat…
13 November 2020
Piraeus Bank and National Energy Holdings Close the Financing of 24 MWp of new Solar Projects in Greece
Piraeus Bank SA (Piraeus Bank) and National Energy Holdings Limited (National Energy), are pleased to announce the signing of a Bond Loan facility of circa €22 million to finance the construction of five (5) solar PV projects in Greece with total generating capacity of 24 MWp. The projects are located…
13 November 2020
World's Most Powerful Wind Turbine Achieves Certification
GE Renewable Energy’s Haliade-X 12MW wind turbine has achieved its type certificate from the world’s largest independent certification body, DNVGL. The 12MW turbine is the precursor to the 13MW version of the turbine, which will be used in the first two phases of the world’s largest offshore wind farm, Dogger…
13 November 2020
Sercel sells a WiNG land nodal acquisition system to Paragon Geophysical Services in USA
Sercel has announced the sale and delivery of a WiNG wireless land nodal seismic acquisition system to Paragon Geophysical Services, Inc. Paragon selected Sercel's latest nodal technology to conduct high-production seismic surveys across the USA and to provide their clients with the most accurate seismic acquisition data. This is achieved…
13 November 2020
PGNiG makes large gas discovery in Norway
The drilling of an exploration well on the Warka prospect in licence PL1009 in the Norwegian Sea has been successfully completed. The well is located in an area where PGNiG Upstream Norway has conducted hydrocarbon exploration and production operations for many years now. Preliminary estimates put the recoverable resources of…
13 November 2020
Total and ADNOC Sign Strategic Framework Agreement on CO2 Emissions Reduction and CCUS
Total signed a strategic framework agreement with the Abu Dhabi National Oil Company (ADNOC), to explore joint research, development and deployment partnership opportunities in the areas of CO2 emission reductions and carbon capture, utilization and storage (CCUS). The agreement brings together the best-in-class in low carbon technologies from ADNOC and…
12 November 2020
McDermott Awarded FEED Contract for Ichthys Gas Field Development
McDermott International, Ltd today announced it has been awarded a contract to provide front end engineering and design (FEED) services for the INPEX-operated Ichthys Liquified Natural Gas Field Development. The award is for a booster compression module FEED with optional engineering, procurement and construction (EPC) for the project. The booster…
12 November 2020
Transition deal critical for sector as report warns recovery could take years
The leading representative body for the UK offshore oil and gas industry, OGUK, has today (Wednesday, November 11) warned that it could take up to three years to restart many of the projects lost due to the impact of the coronavirus pandemic and commodity price downturn. The warning comes in…
12 November 2020
Germany's gas demand to top 110 Bcm by 2034 and Nord Stream 2 is the cheapest new supply option
Germany is not only expanding its pipeline import capacity; there are plans to build three regasification terminals with a total capacity of 19.4 million tonnes (26.4 Bcm). Of the three projects, the Wilhelmshave FSRU plant is the one that has gathered the most traction and could be coming online by…
12 November 2020
Significant 2P reserves increase at Energean’s Israeli Assets Revised Gross 2P Reserves of 729 mmboe reflecting upgrade of Karish North gas resources and 21.4% increase in liquids
Energean plc (LSE: ENOG, TASE: ))אנאג ( is pleased to announce the completion of an independent Competent Persons Report (“CPR”) by DeGolyer and MacNaughton (“D&M”), which certifies 98.2 Bcm (3.5 Tcf) of gas and 99.6 million barrels of liquids (“MMbbls”) gross (Energean 70%) 2P reserves in the Karish, Karish North…
12 November 2020
RWE expands portfolio and increases result
The strong operating result we achieved for the first three quarters shows that RWE has weathered the coronavirus crisis well. We therefore confirm our earnings forecast for 2020. Our plan to increase the dividend for the current fiscal year also remains unchanged. Our successful capital increase in summer will enable…
12 November 2020
Minor gas and oil discovery northeast of the 6607/12-2 S (Alve Nord) oil/gas discovery in the Norwegian Sea – 6607/12-4 and 6607/12-4 A
Aker BP ASA, operator of production licence 127 C, has concluded the drilling of wildcat well 6607/12-4 and appraisal well 6607/12-4 A. The wells were drilled about 7 kilometres northeast of the 6607/12-2 S (Alve Nord) gas and oil discovery in the northern part of the Norwegian Sea and 200…
12 November 2020
ADNOC LNG Signs Long-Term LNG Supply Agreements with Vitol and Total, Placing Majority of LNG Volumes through Q1 2022
ADNOC LNG has signed up to a six-year supply agreement with Vitol, the world’s largest independent energy trader, for the sale of 1.8 million tons per annum (mtpa) of post-2022 LNG volumes and a two-year supply agreement with Total for 0.75 mtpa of 2021 and 2022 LNG volumes. These new…
12 November 2020
KBR JV Announces Significant step in First Digitally Enabled Offshore Platform Project
KBR (NYSE: KBR) announced today that its joint venture with SOCAR, who is undertaking the engineering design phase of the Azeri Central East (ACE) platform, is now nearing completion. The ACE platform is the first of its kind to be designed through all phases, from concept to FEED and detailed…
11 November 2020
Awarding Bacalhau drilling and well services contracts
Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil, awarded Baker Hughes, Halliburton and Schlumberger contracts for drilling and well services on the Bacalhau field in Brazil. The total value of the three contracts is estimated at USD 455 million. The contracts have a firm period of 4…
11 November 2020
Eni and HitecVision launch Vårgrønn
The global energy company Eni and the Norwegian energy entrepreneur and investor HitecVision have announced today the establishment of a new joint venture company, Vårgrønn, with the aim of developing new green energy projects in Norway and the Nordic market. The Vårgrønn JV, which marks the start of a broader…
11 November 2020
Chrysaor Submits Licence Application For C02 Storage
Chrysaor, the leading North Sea oil and gas independent, has submitted a Licence Application for the purpose of storing CO2, and will, in parallel, seek agreement for a Storage Lease with The Crown Estate for the storage of CO2 in a depleted Southern North Sea gas reservoir. These applications are…
11 November 2020
Maersk Drilling awarded one-well exploration contract for Maersk Viking in Brunei Darussalam
Maersk Drilling has secured a contract from Brunei Shell Petroleum Company Sdn. Bhd. (BSP) for the 7th generation drillship Maersk Viking to drill one deepwater exploration well offshore Brunei Darussalam. The contract is expected to commence in March 2021, with an estimated duration of 35 days. The firm contract value…
11 November 2020
Shearwater GeoServices awarded Senegal 3D acquisition and processing contract by Total
Shearwater GeoServices Holding AS (“Shearwater”) today announced the award for a large towed streamer 3D acquisition and Fast Track processing project by Total E&P Senegal (“Total”). The exploration survey covers 5,000 sq. km in the UDO Block Exploration area, offshore Senegal. The data acquisition will be carried out by the…
11 November 2020
FAR Senegal sale announcement
FAR Limited (ASX: FAR) announces that together with its wholly owned subsidiaries FAR Senegal RSSD SA and FAR Holdings 1 Pty Ltd (collectively "FAR"), it has entered into an RSSD Sale and Purchase Agreement with ONGC Videsh Vankorneft Pte Ltd (”ONGC”) in respect of FAR’s entire interest in the Production…
11 November 2020
New Aker Solutions Will Accelerate the Transition to Sustainable Energy Production
The merged company becomes one of the world’s leading suppliers of solutions to reduce climate gas emissions from oil and gas installations, and for delivery of complete renewable energy production facilities. Over the past 50 years, Aker Solutions and Kvaerner delivered many of the major breakthroughs in the global oil…
11 November 2020
Gas discovery southwest of the Skarv field in the Norwegian Sea – 6507/4-1
ConocoPhillips Skandinavia AS, operator of production licence 1009, has concluded the drilling of wildcat well 6507/4-1. The well was drilled about 27 kilometres southwest of the Skarv field in the central part of the Norwegian Sea and 240 kilometres northwest of Brønnøysund. The primary and secondary exploration targets for the…
10 November 2020
Ramboll and GDG team support emerging Irish offshore wind market
The ABWP project is a 520MW offshore development located approximately 12km off the Wicklow Coast in the Irish Sea. The ABWP project is the most advanced Irish offshore wind project, and is aiming to deliver by 2025 under the Foreshore Act, and as such will be a key contributor to…
10 November 2020
bp and Ørsted to create renewable hydrogen partnership in Germany
bp and Ørsted have today signed a Letter of Intent (LOI) to work together to develop a project for industrial-scale production of green hydrogen – a significant step in developing bp’s hydrogen business. Green hydrogen is made by the electrolysis of water using renewable power, producing zero emissions. In their…
10 November 2020
Zenith Energy Ltd Termination of LOI
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA-ME), the listed international oil & gas production company focused on pursuing African development opportunities, announces that it has terminated the non-binding Letter of Intent ("LOI") with a consortium of Arab investors first announced to the market on March 31,…
10 November 2020
INEOS launches a new Clean Hydrogen Business to accelerate the drive to net zero carbon emissions.
The targets set out by the UN and National Governments around the world requires concrete action. INEOS is aiming not only to contribute by decarbonising energy for its existing operations, but also by providing hydrogen that will help other businesses and sectors to do the same. The new business will…
10 November 2020
Enterprise 1 Gas Discovery
Beach Energy Limited (ASX: BPT, Beach) is pleased to announce a gas discovery at Enterprise 1 in licence VIC/P42(V) (Beach 60% and operator, O.G. Energy 40% interest) in the nearshore Victorian Otway Basin. Enterprise 1 was spud from an onshore location, 3.5 km from Port Campbell and 8 km from…
10 November 2020
Nostra Terra Oil and Gas Company Plc ("Nostra Terra" or "the Company") Pine Mills - Drilling Update
Nostra Terra (AIM: NTOG), the oil & gas exploration and production company with a portfolio of development and production assets in Texas, USA is pleased to announce that the Cypress farm-out well at the Company's Pine Mills oil field has now spudded. Drilling is permitted to a total depth of…
10 November 2020
Vår Energi acquires Olympic Energy and Troms Sirius for service in the North Sea.
Work on acquiring two new vessels to support Vår Energi’s operations in the North Sea began in October. The initiative is part of the company’s strategy for sustainability, where it is important to choose suppliers with solutions that can reduce Vår Energi’s environmental footprint. We are constantly working to reduce…
10 November 2020
Tullow completes $575 million sale of Uganda assets to Total
Tullow Oil plc (Tullow) is pleased to announce that the sale of its assets in Uganda to Total has completed with $500 million consideration received earlier today. Tullow is also due to receive a further $75 million when a Final Investment Decision is taken on the development project plus contingent…
9 November 2020
Safe Notos contract extension with Petrobras
Prosafe has signed a contract extension with Petrobras Netherlands B.V. (‘Petrobras’) for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. The original three years and 222-day firm period was due to complete in July 2020, but the extension will result in operations through…
9 November 2020
Siemens Gamesa completes a challenging fiscal year 2020 with record order intake, as momentum for wind energy grows
Siemens Gamesa logged a record order intake of €14,736m (+15.6 y/y) during fiscal year 2020, a challenging year dominated by Covid-19 and tough market conditions, ending with a backlog of €30.2bn that provides a solid foundation for the future and reflects the momentum for wind energy. In the three months…
9 November 2020
Onshore milestones met on Moray East Offshore Wind Farm project
Completion of the Moray East offshore windfarm came a step closer as Siemens Energy, lead contractor for the 950MW project, announced work to install the onshore cable had ended. The onshore cable, which starts near Banff, Aberdeenshire, takes the power generated offshore from the three 220kV subsea cables, and transmits…
9 November 2020
88 Energy Limited Peregrine Farm-Out Progresses – Preferred Bidder Selected
88 Energy Limited ("88 Energy" or the “Company", ASX:88E, AIM 88E) is pleased to provide the following update related to the farm-out at its Project Peregrine, on the North Slope of Alaska. Highlights • Multiple bids received • Preferred bidder selected and preparation of final documentation underway • Transaction close…
9 November 2020
Hess Completes Sale of Interests in Shenzi Field, Gulf of Mexico
Hess announced today that it has completed the previously announced sale of its 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico to BHP, the field’s operator, for a total consideration of $505 million, subject to customary adjustments, with an effective date of July 1, 2020.…
9 November 2020
PGS and ION Collaborate on Joint Data Package for Trinidad Open Bid Round
PGS and ION are offering a comprehensive 2D data package comprising over 25 615 km offshore Trinidad and Tobago. These six datasets offer an exploration advantage for bidders in Trinidad’s Open Bid Round. These Datasets Reveal Exploration Opportunities Six individual MC2D data packages are available targeting areas relevant for the…
9 November 2020
Scarborough JV granted petroleum production licences
The Scarborough Joint Venture has received offers for the grant of petroleum production licences in respect of the WA-1-R (Scarborough) and WA-62-R (North Scarborough) titles from the Commonwealth and Western Australian Joint Authority. This follows an agreement reached between Woodside and BHP in February 2020 to align their participating interests…
9 November 2020
Karoon Energy completes Baúna acquisition
Karoon Energy Ltd (“Karoon”) is pleased to announce that its wholly owned subsidiary, Karoon Petróleo & Gás Ltda. (“Purchaser”), has completed the acquisition of a 100% operating interest in the Baúna field (Concession BM‐S‐40) located in the Santos Basin, offshore Brazil. As previously announced, under the terms of the amended…
6 November 2020
Ramboll to deliver full jacket foundation design for the Zhong Neng offshore wind farm in Taiwan
Global leading engineering company Ramboll has been contracted by China Steel Power Corporation to deliver the full jacket foundation design for the Zhong Neng offshore wind farm which will have a capacity of 300 MW. The project is another important milestone for Taiwan’s strategy to invest into renewable energy. Wind…
6 November 2020
Independent Oil and Gas plc Corporate and Operational Progress One Year on from FID
Independent Oil and Gas plc ("IOG" or "the Company"), (AIM: IOG.L), the UK gas company targeting high returns via an infrastructure-led hub strategy, is pleased to update on the substantial progress in the year since Final Investment Decision (FID) on Phase 1 of its Core Project in the UK Southern…
6 November 2020
UK’s renewable energy capacity set to double by 2026, when offshore wind will overtake onshore
The UK’s ambitious goal to double its renewable energy capacity by 2030 will be achieved already by 2026, a Rystad Energy analysis shows, spurred by a wave of mostly wind power investments. Total installed capacity of solar and wind power plants will climb to 64 gigawatt (GW) in 2026 from…
6 November 2020
Neptune Energy starts production from the Adorf field, Germany
Neptune Energy today announced first gas production from the Adorf Carboniferous development in northwestern Germany. Initial results were positive following successful drilling of the Adorf Z15 appraisal well, in the municipality of Emlichheim. Subsequent production tests indicated flow rates of up to 1,700 barrels of oil equivalent (boe) per day…