Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.
The Danish Energy Agency (DEA) has invited bids to build and operate Power-to-X projects with a deadline for applications set to 1 September. Through the tender – the first of this kind in both Denmark and the world – the country has made available DKK 1.25 billion (approximately €167.7 million) in
French hydrogen producer Lhyfe, in partnership with AEC Occitanie – the regional agency for energy and climate – has started the construction of its third hydrogen production facility. Following the first two sites in Pays de la Loire (Bouin, Vendée) and in Brittany (Buléon, Morbihan), Lhyfe’s third
Africa Finance Corporation (AFC) has acquired Norwegian oil and gas company Aker Energy and, through the transaction, has become an owner of a deepwater block offshore Ghana. Aker Capital and The Resource Group TRG have agreed to sell their shares in Aker Energy to AFC Equity Investment, a company o
Norway’s FPSO operator BW Offshore has completed the sale of an FPSO to a buyer, whose name was not revealed.
Kistos is entering into the Norwegian Continental Shelf, after reaching a conditional agreement to acquire Norway’s Mime Petroleum.
Even though Norway recorded an increase in oil production in all segments in March 2023, the gas production is below the NPD’s predictions.
Shell has completed the restart of operations at a field in the UK North Sea, after ensuring gas will be produced along with oil.
Oslo-headquartered ocean services provider DeepOcean has reported a revenue increase of 13.4 per cent in 2022 said to be mainly driven by inspection, maintenance and repair (IMR) work in the oil and gas sector. For 2022, DeepOcean reported revenue of $566.1 million, up 13.4 per cent from $499.4 mill
An international tender for a pre-feasibility study for the Nordic-Baltic Hydrogen Corridor, a cross-border hydrogen project being developed by six European Union (EU) countries, has been launched. Lithuanian gas transmission system operator (TSOs) Amber Grid launched the tender on behalf of its pro
Hanseatic Energy Hub (HEH) has commissioned a consortium led by Spain-based EPC (engineering, procurement, and construction) specialist Técnicas Reunidas to develop a land-based terminal for liquefied gases in Stade, Germany, subject to HEH’s final investment decision (FID). According to HEH, Técnic
Offshore drilling contractor Valaris has set a carbon emissions reduction target to reduce its Scope 1 emissions by 2030.
Renewable energy company Sun Cable has signed a Letter of Intent (LoI) with an Australian critical minerals company for the potential offtake of renewable electricity from the planned Australia-Asia PowerLink (AAPowerLink) project. Under the one-year non-binding LoI, Sun Cable will progress commerci
Brazilian oil and gas player Enauta has restarted production from a well located on a field offshore Brazil.
