Friday's Latest News Update from Energypeople.com

Stay ahead in the energy industry with the latest developments.

Today's Top News Stories:

?? Viaro Energy's CEO Faces Lawsuit by Taqa Over North Sea Oil Field Dividend and Deal

An $85 million dividend and a deal to sell a stake in aging North Sea oil wells for one dollar has landed Viaro Energy and its CEO, Francesco Mazzagatti, in a London lawsuit filed by Taqa.

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?? WSG Divests Well Intervention Division and Rebrands as WSG Energy Services (WSGES)

WSG announced on Friday that it has successfully sold its Well Intervention division and plans to utilize the proceeds to lay the foundation for an upcoming phase of international expansion under the newly rebranded name, WSG Energy Services.

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?? Dolphin Drilling's Acquisition of Two Transocean Rigs Signals Growth Prospects

• Dolphin Drilling, an offshore drilling contractor, sees its recent acquisition of two semi-submersible rigs from Transocean as a promising sign of expansion, not only in the UK but also on a global scale.
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?? OMV Makes Significant Gas Discovery in Austria

• OMV, the energy company, has confirmed the successful discovery of natural gas at the Wittau Tief-2a exploration well in Lower Austria.
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?? EU Adopts New Legislation to Reduce Maritime Emissions

• The EU Council has approved new regulations aimed at reducing carbon emissions in the maritime industry by encouraging the use of renewable and low-carbon fuels.
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?? Exergy to Design the UK's First Deep Geothermal Power Plant

• Exergy International, a renowned player in the binary geothermal power sector, has signed a contract with Geothermal Engineering to supply an organic Rankine cycle power plant at the United Downs site in Cornwall, UK.
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?? Neptune Energy Commences Production at Adorf Z18 Well in Germany

• The Z18 well, situated in the Carboniferous formation, is expected to boost Neptune's production from the Adorf license by approximately 1,900 barrels of oil equivalent per day (boed) to reach around 8,200 boed.
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?? UK Approves First Large-Scale Lithium Refinery, Boosting Green Energy and EV Manufacturing

• The refinery is expected to create over 1,000 jobs during its construction phase and provide 250 full-time, highly skilled jobs once operational.
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