Europe Archives - Page 12 of 24 - Editores LatinPetroleum

Equinor Awarded Production Licences on Norwegian Continental Shelf

(Equinor, 10.Jan.2023) — Equinor has been awarded 26 new production licences by the Ministry of Petroleum and Energy (MPE) in the 2022 Award in Predefined Areas (APA) – 18 licences as operator, and eight as partner. “The APA rounds are important, and we are very pleased with today’s awards,” says […]

Equinor and RWE to Cooperate on Energy Security and Decarbonization

(Equinor, 5.Jan.2023) — Equinor and RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen. The partners aim to replace coal fired power plants with hydrogen-ready gas fired power plants in Germany, and to build production of low carbon and renewable hydrogen in Norway that […]

Global LNG Represents 39% of EU Gas Imports in 2022

(Kpler, 5.Jan.2023) — EU gas imports remained stable year on year last year at around 337.4 bn m3, preliminary data from the European Network of Transmission System Operators for Gas (ENTSOG) show. The bloc traditionally imports most of its gas, and it imported at least 70% of it via pipelines […]

First LNG Cargo Reaches Germany’s LNG Terminal in Wilhelmshaven

(Venture Global, 3.Jan.2023) — Today, Uniper brought Germany’s first full cargo of liquefied natural gas (LNG) to the new LNG terminal, operated by Uniper, in Wilhelmshaven. The LNG ship Maria Energy, owned by Tsakos Energy Navigation, a major energy mover, was loaded in Calcasieu Pass, USA, at the liquefaction facility of the LNG […]

Energy Analytics Institute’s NRGBriefs: December 2022

(Energy Analytics Institute, 31.Dec.2022) — Energy briefs as well as others related to finance and politics during December 2022 including Washington’s easing of sanctions on Venezuela resulting in increased US imports of that heavy/sour crude; twin-island country Trinidad and Tobago eying its annual energy conference in Port of Spain; Savannah […]

Sempra Inks SPA with RWE for Port Arthur LNG

(Sempra Infrastructure, 28.Dec.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced it has entered into a long-term sale and purchase agreement (SPA) with RWE Supply & Trading, a subsidiary of RWE (RWE: AG), for the supply of approximately 2.25 million tonnes per annum (Mtpa) of liquefied natural […]

Exchange Offers for Venezuelan Government and PDVSA Bonds

(Canaima Fund Lux, 28.Dec.2022) — Canaima Fund Lux (“Issuer“), a securitization fund governed by the Luxembourg Law of 22 March 2004 on securitization undertakings, registered under number O27, and more precisely for and on behalf of the compartment named Canaima I (“Compartment“), with identification number ISIN XS2540585481 represented and managed by Canaima Capital Lux S.àr.l.arl, a […]

Cyprus: TotalEnergies Reveals New Gas Find Offshore in Block 6

(TotalEnergies, 21.Dec.2022) — TotalEnergies and Eni (operator) have made a new gas discovery at the Zeus-1 well, in Block 6, offshore Cyprus. This discovery follows the Calypso-1 and the Cronos-1 discoveries made on the same block respectively in 2018 and August 2022. The Zeus-1 well encountered 105 meters of net […]

Europe
Italy

Versalis’ New Technology to Produce Enzymes for 2nd Generation Ethanol

(Eni, 19.Dec.2022) — Versalis, Eni‘s chemical company, has acquired the technology to produce enzymes for second-generation ethanol from DSM, a global, purpose-led company in Health, Nutrition & Bioscience. The agreement has a strategic value for Versalis as it integrates with proprietary Proesa® technology, applied at the Crescentino plant for the […]

Europe
Italy

Eni and Snam Form JV to Develop the Italy’s First CCS Project

(Eni, 19.Dec.2022) — Today Eni Chief Executive Officer Claudio Descalzi and Snam Chief Executive Officer Stefano Venier signed an agreement to jointly develop and manage Phase 1 of the Ravenna Carbon Capture and Storage (CCS) Project, through an equal joint venture. The agreement also includes the implementation of studies and […]

PSW Technology Awarded Contract for Deep-water Riser System

(Scana, 19.Dec.2022) — Scana-owned PSW Technology has signed an important agreement with Northern Ocean Operations Ltd. (“Northern Ocean”) for a deep-water riser system. The agreement involves the sale of a complete marine riser system to Northern Ocean for Ultra deep-water operations. The work also includes project management, inspection, repair and […]

FID to Develop Yggdrasil (formerly NOAKA) Area

(Aker BP, 16.Dec.2022) — Aker BP ASA has together with Equinor Energy and LOTOS Exploration & Production Norge AS made a final investment decision to develop the Yggdrasil area. Plans for development and operation was submitted to the Minister of Petroleum and Energy on 16 December 2022. Yggdrasil, formerly known […]

Krafla to be Developed Using Ground-Breaking Concept

(Equinor, 16.Dec.2022) — Along with Aker BP, Equinor has made an investment decision and will today submit a plan for development and operation for Krafla to the Minister of Petroleum and Energy. Aker BP will be developing Krafla along with the Fulla and North of Alvheim discoveries in the same […]

Aramco and TotalEnergies to Build Saudi Petrochems Complex

(TotalEnergies, 15.Dec.2022) — The Saudi Arabian Oil Company (Aramco) and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi Arabia. The “Amiral” complex will be owned, operated, and integrated with the existing SATORP refinery located in Jubail on Saudi Arabia’s eastern […]

Johan Sverdrup Phase 2 On Stream

(Equinor, 15.Dec.2022) — At 11:15 on 15 December 2022 production started from Johan Sverdrup Phase 2. When the Johan Sverdrup field reaches plateau production, every third Norwegian oil barrel will come from this giant field, which for decades will be essential to ensuring high and stable energy deliveries from Norway. […]

Saipem Awarded Deals for $1.2bn in Guyana, Egypt

(Saipem, 15.Dec.2022) — Saipem has been awarded new contracts in Guyana and Egypt for a total amount of approximately $1.2bn. In Latin America: Guyana The first contract has been awarded by ExxonMobil Guyana, subject to government approvals, for the UARU oil field development project, located in the Stabroek block offshore Guyana […]

Talesun Solar Attends EnerGaia 2022, Paving the Way for Overseas Expansion

(Talesun, 12.Dec.2022) — From 7-8 December, EnerGaia 2022, an annual event for professionals in the renewable energy sector, was held in Montpellier, France. As a major EU country, France is in a renewable energy transition and has been hosting the show for several years. In May of this year, the EU announced a Joint […]

More gas to Hammerfest LNG (HLNG): Askeladd on stream

OSLO, NORWAY (By Equinor, 12.Dec.2022, Words: 459) — Phase 1 of Askeladd will bring 18 billion cubic metres of gas and two million cubic metres of condensate to the market via the Hammerfest LNG plant on Melkøya. Askeladd is a satellite field of the Snøhvit Field and developed as a […]

Europe
Italy

Eni: Treasury Shares Purchase Programme Terminated

(Eni, 7.Dec.2022) — During the period from 28-29 November 2022, Eni acquired n. 4,322,849 shares, at a weighted average price per share equal to 14.0850 euro, for a total consideration of 60,887,377.41 euro within the authorization to purchase treasury shares approved at Eni’s Shareholders’ Meeting on 11 May 2022, previously […]

Cracker to Enable Hydrogen Imports Via Port of Rotterdam

(Port of Rotterdam, 6.Dec.2022) — An initiative of 18 companies, led by the Port of Rotterdam Authority, has kicked off a study into the possible establishment of a large-scale ammonia cracker, which will enable imports of 1 million tonnes of hydrogen per year for the decarbonization of industry and mobility. […]

North America has the Energy to Solve the Global Crisis

(TC Energy, 6.Dec.2022) — TC Energy’s President & CEO, François Poirier, shares his thoughts and perspectives on how two simple ideas can help solve the energy crisis. Our path to balancing global energy transition and continued energy security creates a maze of challenges. We need to ensure the measures we […]

Verdande: Securing Higher Production on the Norne Vessel

(Equinor, 6.DEC.2022) — Equinor has, on behalf of the partnership, submitted the plan for development and operation (PDO) for Verdande to the Ministry of Petroleum and Energy. The subsea development secures important oil volumes to the Norne production vessel. Verdande will be put on stream in the fourth quarter of […]

TotalEnergies and Air France-KLM Ink MOU for SAF for 10 years

(TotalEnergies, 5.Dec.2022) — TotalEnergies and Air France-KLM signed a Memorandum of Understanding (MoU) for the delivery of more than one million cubic metres/800,000 tonnes of Sustainable Aviation Fuel (SAF) by TotalEnergies to Air France-KLM Group airlines over the 10-year period from 2023. This sustainable aviation fuel will be produced by […]

Europe
Italy

Plenitude Strengthens Presence in Italy and Spain

(Eni, 2.Dec.2022) — Plenitude has signed an agreement to acquire 100% of PLT (PLT Energia S.r.l and SEF S.r.l. and their respective subsidiaries and affiliates), an integrated Italian group producing electricity from renewables and supplying energy to retail customers. Through this synergistic operation with its portfolio of renewable assets and […]

INEOS Inks Deal for 1.4 mtpa LNG from Sempra Infrastructure

(INEOS, 1.Dec.2022) — INEOS signed a 20-year contract with Sempra Infrastructure for the supply of approximately 1.4 million tonnes per annum (mtpa) of Liquified Natural Gas (LNG) from Phase 1 of the Port Arthur LNG facility under development in Texas North America. Highlights: –The agreement includes a 20-year commitment for […]

Election to Equinor’s Board of Directors

(Equinor, 30.Nov.2022) — On 30 November 2022 the corporate assembly of Equinor ASA (OSE:EQNR, NYSE:EQNR) elected Haakon Bruun-Hanssen as new member to Equinor ASA’s board of directors. Haakon Bruun-Hanssen is elected as a new shareholder-elected member of the board of directors, replacing Bjørn Tore Godal. Bruun-Hanssen held the position as […]

Energy Analytics Institute’s NRGBriefs: November 2022

(Energy Analytics Institute, 30.Nov.2022) — Energy briefs as well as others related to finance and politics during November 2022 including Brazilian oil giant Petrobras launching its strategic plan for 2023-27; US Secretary of State Antony Blinken welcoming resumption of Venezuelan-led negotiations in Mexico City between the ruling party and opposition […]

Interoil Releases 3Q:22 Details

(Interoil, 29.Nov.2022) — In July 2022 Interoil Exploration and Production ASA successfully closed its share offering. The final number of shares that were subscribed and issued in the Share Issue is 14,357,554 at a subscription price of NOK 1.30 per share, resulting in gross proceeds of approximately NOK 18.7mn. Gross […]

CGG Wins Multi-Year Extension of Dedicated Imaging

(CGG, 24.Nov.2022) — CGG has been awarded a multi-year contract extension by Brunei Shell Petroleum Company Sdn Bhd (BSP) to continue operating a dedicated seismic imaging center at its head office in Seria, Brunei. Peter Whiting, EVP, Geoscience, CGG, said: “This renewal of our dedicated center contract builds on six […]

Irpa: More Gas to Europe and Extended Life for Aasta Hansteen

(Equinor, 22.Nov.2022) — On behalf of the Irpa partnership, Equinor has submitted a plan for development and operation (PDO) for the Irpa gas discovery, formerly known as Asterix, to the Norwegian Minister for Petroleum and Energy. The development will ensure activity and stable gas deliveries from Aasta Hansteen until 2039. […]

Eni and PASQAL to Develop Quantum Solutions for the Energy Sector

(Eni, 17.Nov.2022) — Eni and PASQAL announced the establishment of a collaboration to develop next-generation HPC solutions for the energy sector through quantum computing Eni, the Italian energy company, and PASQAL, leader in neutral atoms quantum computing, today announced the establishment of a collaboration to develop next-generation HPC (high performance […]

Europe

Horizon Petroleum Confirms European Natgas Focus

(Horizon Petroleum, 10.Nov.2022) — Horizon Petroleum Ltd. (NEX: HPL.H) provided a corporate update and share its strategy and focus in Europe. Our vision is to build a profitable, intermediate sized energy company that produces natural gas and oil in a manner that meets the environmental standards in the jurisdictions in which […]

Bristow Launches Helicopter Services for Netherlands Coastguard

(Bristow Group, 4.Nov.2022) — Bristow Group Inc. (NYSE: VTOL), the leading global provider of innovative and sustainable vertical flight solutions, today embarks on a new 10-year relationship with the Netherlands Coastguard, delivering critical helicopter SAR operations for people and communities across the country through its affiliate, Bristow Netherlands B.V. Highlights: — […]

Energy Analytics Institute’s NRGBriefs: October 2022

(Energy Analytics Institute, 31.Oct.2022) — Energy briefs as well as others related to finance and politics during October 2022 including US President Joe Biden congratulating Luiz Inácio Lula da Silva on his election victory in Brazil over Jair Bolsonaro; Equinor inviting analyst to provide estimate for the third quarter of […]

Exmar Reports 3Q:22 Results, Updates on Operations [PDF Download]

(Energy Analytics Institute, 27.Oct.2022) — Exmar reported revenue (including intersegment revenue) during the nine months of 2022 was $6.5mn higher than in the same period of 2021 mainly due to the entry of the VLGC’s in the fleet, partly offset by the unemployment of the LNG-carrier EXCALIBUR. ____________________ By Aaron […]

Who’s to Blame for Exorbitant Natural Gas Prices in Europe?

(Baker Institute, 26.Oct.2022) — Prices of natural gas in Europe have skyrocketed to levels scarcely seen before 2021. European governments, especially those soon up for reelection, are understandably concerned about the future. That future is undermined by the economic hardship being caused by high energy prices. Not surprisingly, there is […]

Wintershall Dea and HES Wilhelmshaven to Develop a CO2 Hub

(Wintershall Dea, 18.Oct.2022) — Wintershall Dea and HES Wilhelmshaven Tank Terminal signed a MoU to jointly develop CO2nnectNow, a CO2 hub at HES Wilhelmshaven Tank Terminal. Highlights: Wintershall Dea and HES Wilhelmshaven Tank Terminal have signed a Memorandum of Understanding (MoU) to jointly develop a CO2 hub: CO2nnectNow Results of a feasibility study are […]

Europe
Spain

Dozens of LNG-laden Ships Queue off Europe’s Coasts Unable to Unload

(Reuters, 17.Oct.2022) — Dozens of ships carrying liquefied natural gas (LNG) circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the country to warn they may have to suspend loading to deal with this “exceptional situation”. Europe is facing an energy supply […]

OPEC Cuts Oil Demand Forecast to Below the 100 MMb/d Mark [PDF Download]

(Energy Analytics Institute, 12.Oct.2022) — The Organization of Petroleum Exporting Countries (OPEC) now forecasts oil demand to dip below 100 million barrels per day (MMb/d) in 2022 owing a lower global economic forecast amid ongoing uncertainties and rising challenges impacting major economies. OPEC forecasts oil demand to reach 99.7 MMb/d […]

Holcim and Totalenergies Ponder Ambitious Decarbonization Project

(TotalEnergies, 10.Oct.2022) — On 23 September 2022, TotalEnergies and Holcim signed a memorandum of understanding in Belgium to jointly study the complete decarbonization of the Obourg cement plant near Mons, in Wallonia. Various solutions will be assessed for reducing, capturing, sequestering and /or efficiently utilizing the facility’s emissions. TotalEnergies and […]

Wintershall Dea Investing in Hydrogen Storage and Transportation Start-up

(Wintershall Dea, 10.Oct.2022) — As part of its efforts to position itself along the hydrogen and CO2 value chains, Wintershall Dea is investing in a promising new technology for storing and transporting hydrogen developed by the Dresden-based start-up AMBARtec AG. In the latter’s recent funding round, Wintershall Dea became the start-up’s […]

Maersk Drilling Secures Four-well Contract Offshore Denmark

(Maersk, 23.Sep.2022) — Maersk Drilling has been awarded a contract with INEOS E&P A/S for the provisioning of the harsh-environment jack-up rig Maersk Resolve to drill two development wells at the Solsort field as well as performing well intervention work scopes on two wells within the Siri cluster. Both areas […]

CGG and University of Edinburgh Start Hydrogen Storage Research

(CGG, 16.Sep.2022) — CGG and the University of Edinburgh commenced an industry-leading project to undertake research into the subsurface storage of hydrogen in depleted gas fields. Hydrogen can be generated from electrolysis using renewable energy sources (‘green hydrogen’) and can help to alleviate the intermittent nature of renewable energy such […]

Maersk Secures Five-well Drilling Work Scope with Petrogas

(Maersk, 15.Sep.2022) — Maersk Drilling and Petrogas E&P Netherlands B.V. agreed to an amendment of the previously entered contract for the provisioning of the harsh-environment jack-up rig Maersk Resolute, under which an option included in that contract will be replaced by a newly entered five-well drilling contract which will employ Maersk […]

Major Shareholder Announcement from Maersk

(Maersk, 13.Sep.2022) — Pursuant to Sections 30 and 38 of the Danish Capital Markets Act and Section 55 of the Danish Companies Act, The Drilling Company of 1972 A/S (“Maersk Drilling”) hereby announces receipt of the following notifications following the announcement of the preliminary results of the recommended voluntary public […]

Sercel Finalizes Acquisition of ION’s Software Business

(CGG, 12.Sep.2022) — CGG announced that Sercel, its Sensing & Monitoring division, has completed the acquisition of ION Geophysical Corporation’s software business. ION’s software business includes: – Orca: a navigation system dedicated to streamers – Gator: a navigation system dedicated to OBN – Mesa: a set of tools for optimizing […]

Trinidad PM Rowley’s Statement on Chats with Proman, BP & Shell

(Office of the PM of Trinidad and Tobago, 12.Sep.2022) — Ministerial interaction with oil, gas and petrochemical majors (Proman, BP & Shell) based in Europe. Proman – Zurich and Düsseldorf Proman is heavily invested in the oil and gas sector of Trinidad and Tobago in both the upstream and downstream. […]

EXMAR Reveals Half-year 2022 Results

(EXMAR, 9.Sep.2022) — The Board of Directors of EXMAR approved the interim accounts for the period ending June 30, 2022. The interim condensed consolidated financial statements have not been subjected to an audit or a review by the statutory auditor. ____________________

Bristow Awarded Multi-Year Search and Rescue Contract

(Bristow, 7.Sep.20220 — Bristow Group Inc. (NYSE: VTOL), a global provider of innovative and sustainable vertical flight solutions, announced an award from Equinor to provide search and rescue services offshore at the Johan Sverdrup and Statfjord B platforms, located in the Norwegian North Sea off the west coast of Norway. […]

Reminder of Expiry of Offer Period: Maersk Drilling

(Maersk Drilling, 5.Sep.2022) — Reference is made to company announcement no. 10/2022 regarding the recommended voluntary public share exchange offer (the “Exchange Offer”) by Noble Corporation plc (“Topco”) to the shareholders of The Drilling Company of 1972 A/S (“Maersk Drilling”) and company announcement no. 11/2022 regarding the offer document setting […]