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Exploration & Production

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Fossil EnergyOil & GasSubseaBusiness & FinanceBusiness Developments & ProjectsProject & TendersMarine EnergyTidal & Wave EnergyCollaborationOperations & MaintenanceOutlook & StrategyResearch & DevelopmentFPSO & VesselsSeismicSurveys & InterventionsInfrastructureDeepwater InstallationPipesProduction & ProcessingLiquefied Natural GasLow-Carbon TransitionAuthorities & GovernmentRegulation & PolicyRules & RegulationRigsPolicy & FundingEnvironment
Illustration; Source: SLB
Exploration & Production

Quest to boost oil production sets SLB and Stimwell up for five more years with Aker BP

Aker BP has decided to prolong its alliance agreement with SLB and Stimwell Services in a bid to speed up and increase oil production by keeping the Well Intervention and Stimulation Alliance busy for five more years.

about 1 year ago
An offshore rig
Exploration & Production

Trinidadian field goes live as BP’s second ‘major’ gas project this year

BP Trinidad and Tobago (bpTT), a subsidiary of the UK-based energy giant BP, has delivered first gas at its project offshore Trinidad and Tobago.

about 1 year ago
Mahogany A platform; Source: Energy Chamber of Trinidad and Tobago
Exploration & Production

BP’s fourth subsea gas project is a go as new discovery springs up in Trinidad and Tobago

BP Trinidad and Tobago (bpTT), a subsidiary of the UK-based energy giant BP, has found more gas and taken a final investment decision (FID) for a natural gas project off Trinidad’s southeast coast.

about 1 year ago
CorPower Ocean has entered a development agreement with UK-based industrial technology company Equipmake to advance its wave energy technology
Exploration & Production

CorPower Ocean taps Equipmake for wave energy system upgrade

Swedish wave energy developer CorPower Ocean has signed a development agreement with UK-based industrial technology company Equipmake to advance its wave energy technology with a custom generator and silicon carbide (SiC) inverter system. According to CorPower Ocean, the collaboration marks the init

about 1 year ago
FPSO Cidade de Itajaí; Source: Altera Infrastructure
Exploration & Production

Brazilian FPSO on track to change hands by month end

Karoon Energy is moving forward with the acquisition of a floating production, storage, and offloading (FPSO) vessel, which is deployed on its project off the coast of Brazil.

about 1 year ago
TGS' new Gulf of America data acquisition to help better decision-making for oil & gas operators
Exploration & Production

TGS’ new Gulf of America data acquisition to help better decision-making for oil & gas operators

Norway-based energy data and intelligence company TGS has kicked off a new multi-client ultra long offset ocean bottom node (OBN) data acquisition project in the Gulf of America, with the data expected to help oil & gas operators make more informed decisions and mitigate drilling risks. The Amendmen

about 1 year ago
Akcakoca platform; Source: Trillion Energy
Exploration & Production

Gas production boost coming up next on giant Black Sea field’s horizon

Trillion Energy is a day away from resuming activities to put all the required puzzle pieces in place to increase and maintain natural gas production at its huge gas field in the Black Sea off the coast of Türkiye, thanks to a gas lift compressor system.

about 1 year ago
Middle East and Guyana on schedule for Saipem under two contracts worth $720M
Exploration & Production

Middle East and Guyana on schedule for Saipem under two contracts worth $720M

Italy’s engineering, drilling, and construction services company Saipem has secured two new offshore contracts in the Middle East and Guyana for a total amount of approximately $720 million. The first contract covers engineering, procurement, construction and installation (EPCI) activities for the r

about 1 year ago
The Switch
Exploration & Production

US throws off the regulatory shackles of red tape snags to unlock LNG export bonanza

The U.S. Department of Energy (DOE) has set its mind on freeing its liquefied natural gas (LNG) industry from the burden of regulatory barriers standing in the way of unleashing an LNG export boom by moving beyond the setback it perceives to stem from Biden-era policy requirements.

about 1 year ago
FPSO Cidade de Vitória; Source: Saipem
Exploration & Production

Brazilian oil & gas asset to continue offshore production phase until 2042

BW Energy has cheered the stamp of approval for the extension of a license production phase to 2042 for its asset in the Espírito Santo Basin off the coast of Brazil.

about 1 year ago
COSL Innovator rig; Source: COSL
Exploration & Production

COSL rig spuds last well on its North Sea list with Serica

Serica Energy is bringing its multi-well drilling campaign and work-over program in the North Sea to an end, as a rig from COSL Drilling Europe has started drilling the final well in this campaign on the UK Continental Shelf (UKCS).

about 1 year ago
Aras Driller jack-up rig; Source: Ocean Oilfield
Exploration & Production

44-year old rig crosses the finish line at offshore drilling job in UAE

Ocean Oilfield Integrated Solutions has confirmed the completion of an offshore drilling assignment, which one of its jack-up rigs carried out off the coast of the United Arab Emirates (UAE).

about 1 year ago
Ocean Harvesting Technologies opens financing round to advance wave energy tech
Exploration & Production

Ocean Harvesting Technologies opens financing round to advance wave energy tech

Sweden’s Ocean Harvesting Technologies has launched a €200,000 financing round to support further development of its InfinityWEC wave energy converter (WEC) in 2025. The move is part of a larger €700,000 capital requirement for 2025-2027. InfinityWEC is currently being developed under two EU-funded

about 1 year ago
Artist's rendering of the Cedar LNG facility; Source: Cedar LNG
Exploration & Production

Public input requested for proposed tweaks to Canada’s $4B LNG project

Shortly after a liquified natural gas (LNG) project got picked to get millions in support from the Canadian government, the Impact Assessment Agency of Canada (IAAC) has set the wheels in motion to kick off a public comment period on proposed amendments to the decision statement for the project’s fl

about 1 year ago
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