(Diamond Offshore, 8.Feb.2024) — Diamond Offshore Drilling, Inc. (NYSE: DO) executed a two-year contract extension with a subsidiary of bp in the U.S. Gulf of […]
Category: UK
UK
Bristow on Coast Guard Search and Rescue Aviation Services in Ireland
(Bristow, 7.Feb.2024) — Bristow Ireland Limited, a subsidiary of Bristow Group Inc. (NYSE: VTOL), the leading global provider of innovative and sustainable vertical flight solutions, […]
bp Reports 2023 Results [PDF Downloads]
(bp, 6.Feb.2024) — bp delivered strong underlying financial performance in 2023, raising the dividend by 10% and buying back $7.9bn of shares, with net debt […]
Venture Global and Grain LNG Ink New Deal
(Venture Global LNG, 5.Feb.2024) — Grain LNG and Venture Global announced the execution of a binding long-term terminal use agreement (TUA) enabling the regasification and […]
Shell Plc Posts Year End 2023 Results [PDF Downloads]
(Shell Plc, 1.Feb.2024) — Shell plc released its fourth quarter results and fourth quarter interim dividend announcement for 2023. ____________________
Bristow Enters Into New Equipment Financing for up to £55mn
(Bristow Group, 24.Jan.2024) — Bristow Group Inc. (NYSE: VTOL) and its subsidiaries entered into a new twelve-year secured equipment financing for an aggregate amount up […]
Aquaterra Inks Three-year Analysis Deal with UK Operator
(Aquaterra Energy, 23.Jan.2024) — Aquaterra Energy, involved in global offshore energy engineering solutions, has secured a three-year contract with a leading UK independent exploration and […]
Coretrax Starts 2024 with Clutch Contracts, Ambitious Growth Plans
(Coretrax, 22.Jan.2024) — Coretrax, involved in oil and gas well integrity and production optimisation, is set for further growth with five multi-year contract wins secured for […]
Gas Prices Down 45% as 2024 Set to Remain Bearish
(Wood Mackenzie, 17.Jan.2024) — The market sentiment for gas and liquefied natural gas (LNG) will remain bearish into 2024 with European prices having fallen by […]
Coretrax Buys Well Technology, Secures Fresh Deals
(Coretrax, 16.Jan.2024) — Coretrax, a global leader in oil and gas well integrity and production optimisation, has strengthened its well intervention capabilities after acquiring a complementary […]
Xergy Opens News Offices in Australia and Scotland
(Xergy, 15.Jan.2024) —Technology company, Xergy, has opened new offices in Perth, Australia, and Dundee in Scotland to support increasing demand for its project management software, […]
Key Upstream Things to Watch in 2024: WoodMac
(WoodMac, 10.Jan.2024) — Geopolitical tensions, a record year for elections and economic uncertainty will define the backdrop to the upstream industry in 2024. Wood Mackenzie […]
Energy Domain Looks to Future with Energent Acquisition
(Energy Domain, 4.Jan.2024) — Energy Domain, the tech-enabled online marketplace based in Fort Worth, Texas, has successfully acquired market intelligence technology product Energent from U.K.-based […]
EnerMech Extends Training with OPITO Accreditations
(EnerMech, 19.Dec.2023) — EnerMech’s training centre in Aberdeen has achieved two additional OPITO global training accreditations, allowing the business to develop the skills and competencies […]
Nabors Completes Business Combination Between NETC
(Nabors, 19.Dec.2023) — Nabors Industries Ltd. (NYSE: NBR) issued the following statement from Chairman, President and CEO Anthony G. Petrello regarding the closing of the previously announced business […]
S&P Global Releases its 2024 Energy Outlook
(S&P Global, 14.Dec.2023) — Analysts at S&P Global Commodity Insights, an independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, […]
China’s Solar Production Costs Fall by 42% in Last Year
(WoodMac, 14.Dec.2023) — The cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W) […]
Shell 3Q:23 Euro and GBP Equivalent Dividend Payments
(Shell plc, 11.Dec.2023) — The Board of Shell plc announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2023 […]
DNV Names Head of CCUS
(DNV, 6.Dec.2023) — DNV, the independent energy expert and assurance provider, has announced the appointment of Jamie Burrows as head of its Energy Systems business area’s Carbon […]
New Unitized Commercial Structure for Atlantic LNG
(Office of the Prime Minister of Trinidad and Tobago, 5.Dec.2023) — The government has secured a new unitized commercial structure for Atlantic LNG which allows […]
UK Energy Transition Outlook
(WoodMac, 23.Nov.2023) — Energy policy is a political hot topic in the UK. Broadly, ambition is high: net zero by 2050 targets are enshrined in […]
Deep Casing Deloitte Technology Fast 50 List for 2023
(Deep Casing, 21.Nov.2023) — Deep Casing Tools placed 36th in the 2023 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies […]
LNG Market Needs 90 Mtpa of Add’l Supply by 2035: WoodMac
(WoodMac, 14.Nov.2023) — The global liquefied natural gas (LNG) sector will need 90 million tonnes per annum (mtpa) of new supply by 2035 to sate […]
Companies Ask US, EU to Intervene in Venture Global LNG Dispute
(Reuters, 11.Nov.2023) — BP (BP.L), Edison (EDNn.MI) and Shell (SHEL.L) pressed a U.S.-EU energy group to intervene in a dispute with liquefied natural gas exporter Venture Global LNG over the […]
Oxy and BlackRock JV to Develop STRATOS DAC Plant
(Oxy, 7.Nov.2023) — Occidental (NYSE: OXY) announced today that BlackRock (NYSE: BLK) will invest $550mn on behalf of clients in the development of STRATOS, the world’s largest Direct […]
EAI’s NRGBriefs: Oct. 2023
(Energy Analytics Institute, 31.Oct.2023) — Energy briefs as well as others related to finance and projects during October 2023 including Vista‘s third quarter 2023 earnings […]
bp’ 3Q:23 Results: Focused on Delivery [PDF Downloads]
(bp, 31.Oct.2023) — Our results this quarter show how we are making progress on our strategy to transform from an international oil company to an […]
Big Oil: Upstream M&A Gets Serious
(WoodMac, 26.Oct.2023) — ExxonMobil’s and Chevron’s belief in the durability of upstream could hardly be better demonstrated by the game-changing acquisitions of two flagship US […]
Baker Hughes Reports 3Q:23 Results [PDF Downloads]
(Baker Hughes, 25.Oct.2023) — Baker Hughes Company (Nasdaq: BKR) announced results today for the third quarter of 2023. Highlights: Orders of $8.5bn for the quarter, up 40% year-over-year. Revenue of $6.6bn for […]
Nabors Reports 3Q:23 Results
(Nabors, 25.Oct.2023) — Nabors Industries Ltd. (NYSE: NBR) reported third quarter 2023 operating revenues of $734mn, compared to operating revenues of $767mn in the second quarter. The net loss […]
BP Fair Fund to Compensate Certain Investors in BP plc Ordinary Shares
(RCB Fund, 24.Oct.2023) — RCB Fund Services LLC, the Distribution Agent for the BP plc Fair Fund, announces the opening of the claims process for […]
Scotland: TotalEnergies Commissions Its Biggest Offshore Wind Farm
(TotalEnergies, 17.Oct.2023) — TotalEnergies and its partner SSE Renewables announced that their Seagreen offshore wind farm is now fully operational and running at its design […]
EAI’s NRGBriefs: Sep. 2023
(Energy Analytics Institute, 30.Sep.2023) — Energy briefs as well as others related to finance and projects during Sep. 2023 including Petrobras saying that in regards […]
New Offshore Colombian Developments Face Challenges: WoodMac
(WoodMac, 28.Sep.2023) — Offshore development of new gas assets has been identified as a key piece to Colombia’s long-term energy security, but significant challenges remain. […]
Rosebank Field to Progress in the UK [Video]
(Equinor, 27.Sep.2023) — Equinor and Ithaca Energy have taken the final investment decision to progress Phase 1 of the Rosebank development on the UK Continental […]
Scotia and RAND Europe Convene a Historic Framing Session
(The Scotia Group, 20.Sep.2023) — A High-Level UNGA consultative session on international finance and energy transition diplomacy, which included sitting and former Heads of State and […]
Kate Thomson Appointed as bp Interim CFO
(bp, 19.Sep.2023) — bp today announced that Kate Thomson has been appointed interim chief financial officer. Her appointment follows the appointment last week of Murray […]
Eni UK Reveals Award of Second UK CO2 Storage License
(Eni, 15.Sep.2023) — Eni announces that its subsidiary in the United Kingdom (Eni UK) has been awarded a Carbon Dioxide Appraisal and Storage Licence (CS […]
BP CEO Looney to Resign After Personal Relationships with Colleagues
(Reuters, 12.Sep.2023) — BP CEO Bernard Looney has stepped down after less than four years in office for failing to fully disclose details of past […]
Bristow and Volocopter to Bring UAM Services to US and UK
(Bristow, 7.Sep.2023) — Bristow Group Inc. (NYSE: VTOL), a global provider of innovative and sustainable vertical flight solutions, and Volocopter, the pioneer of Urban Air Mobility […]
UK to Struggle to Meet Ambitious 2030 CCUS Targets
(WoodMac, 5.Sep.2023) — The global CCUS project pipeline is buoyant but scaling up needs concerted and consistent effort from governments. Only a handful of countries […]
STRYDE Launches In-field Data Service
(STRYD, 24.Aug.2023) — STRYDE unveiled its new, novel integrated in-field data processing service, STRYDE Lens. This innovative solution is tailored to offer expedited access to […]
Getech Releases Globe 2023 with New Capabilities for Resource Exploration
(Getech, 23.Aug.2023) — Getech, a locator of subsurface resources, has released a new version of its proprietary digital platform, Globe. Globe models the last 400 […]
Investment of $27bn Needed to Mobilize Offshore Wind Supply Chain
(WoodMac, 17.Aug.2023) — The global offshore wind supply chain will require $27bn of secured investment by 2026 if it is to meet a fivefold growth […]
Authorities Approve JV between Aker Solutions, SLB and Subsea7
(Aker, 4.Aug.2023) — Reference is made to the stock exchange release 30 August 2022 regarding the agreements to form a subsea joint venture with SLB and Subsea […]
TotalEnergies Named Most-admired Explorer by WoodMac
(WoodMac, 27.Jun.2023) — French major TotalEnergies has been named the upstream industry’s most-admired explorer and received the Discovery of the Year award in Wood Mackenzie’s industry-leading annual […]
Should Gas Resource Holders Target LNG Exports or Blue Ammonia?
(WoodMac, 15.Jun.2023) — As Europe moves away from Russian gas and Asia reduces its dependency on coal, demand and investment in liquefied natural gas (LNG) continues to rise. […]
Aker Awarded first SWIFT™ Contract by Equinor
(Aker Solutions, 12Jun.2023) — Aker Solutions has been awarded a contract by Equinor to deliver the first Submersible Wireless Installer for Tubing (SWIFT™) for 18 […]
Halliburton Wins Well Completion Contract for CCS Project
(Halliburton, 12.Jun.2023) — Halliburton Company (NYSE: HAL) has been awarded a contract to provide completions, liners, and monitoring products and services for the carbon capture and […]
Perenco and Bloom Energy to Deploy Oxide Fuel Cells
(Bloom Energy, 7.Jun.2023) — Bloom Energy (NYSE:BE) has signed an agreement with Perenco to install 2.5 megawatts (MW) of Bloom’s solid oxide fuel cells at a […]