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Exploration & Production

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Funding & RegulationHydrogenProductionValleys, Hubs & CorridorsAuthorities & GovernmentBusiness Developments & ProjectsCollaborationEnvironmentInfrastructureOutlook & StrategyProject & TendersRegulation & PolicyResearch & DevelopmentRules & RegulationTransitionFossil EnergyOil & GasBusiness & FinanceSeismicSubseaInnovationTechnologyClean FuelMethanolFPSO & VesselsTechnology & InnovationRigsLiquefied Natural GasLow-Carbon TransitionDecommissioningMarket OutlooksVessels
Australia’s Western Green Energy Hub project to undergo environmental assessment
Exploration & Production

Australia’s Western Green Energy Hub project to undergo environmental assessment

Australia’s Western Green Energy Hub (WGEH) project, a multi-phased renewable energy development comprising wind, solar and hydrogen components, is set to go through an environmental assessment.

about 1 year ago
Brage platform; Source: OKEA
Exploration & Production

Norwegian firm getting a stake in North Sea prospect ahead of drill-or-drop decision

OKEA and Aker BP have struck a deal, which enables the former to get an interest in a prospect the latter is contemplating to drill with the aim of finding more hydrocarbons in the North Sea off the coast of Norway.

about 1 year ago
Illustration; Source: ExxonMobil
Exploration & Production

ExxonMobil’s oil & gas exploration gets uplift with ‘cutting-edge’ 4D seismic tech and supercomputer

ExxonMobil is buoyed by the possibility of cutting seismic processing time from months to weeks with 4D seismic technology, in combination with high-performance computing (HPC), which will bolster the firm’s subsurface capabilities.

about 1 year ago
A large vessel at sea
Exploration & Production

Nigerian player sets sights on offshore production ramp-up, targeting 20+ wells in 2025

Nigeria’s oil and gas company Seplat Energy aims to drive transformation in Nigeria, partly by increasing offshore oil and gas production in 2025.

about 1 year ago
Vast secures conditional funding for clean energy project in Port Augusta
Exploration & Production

Vast secures conditional funding for clean energy project in Port Augusta

Vast Renewables has secured up to A$180 million (approximately $113.3 million) of conditional funding from ARENA for the construction of its utility-scale clean energy project Vast Solar 1 (VS1), part of the Port Augusta Green Energy Hub, which also includes green methanol production facility Solar

about 1 year ago
Neptun Deep project's offshore platform simulation; Credit: OMV Petrom
Exploration & Production

New partner comes on board Black Sea block with drilling activities due in 2025

OMV Petrom has welcomed NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, as its new partner in an offshore block in Bulgaria’s part of the Black Sea ahead of the upcoming hydrocarbon exploration activities, which are anticipated to start at the block this year.

about 1 year ago
FPSO Jotun; Source: Vår Energi
Exploration & Production

FPSO sets its sails toward North Sea project with oil production extension to 2045 in mind

Vår Energi has confirmed the tow-out of a floating production, storage and offloading (FPSO) vessel from the Worley Rosenberg yard to a field in the North Sea off the coast of Norway.

about 1 year ago
FPSO BW Pioneer; Source: BW Offshore
Exploration & Production

US oil & gas operator splashes millions on BW Offshore FPSO to unlock cost savings

Murphy Oil Corporation has set the wheels in motion to buy BW Offshore’s FPSO, which is working at its asset in the Gulf of America, former the U.S. Gulf of Mexico.

about 1 year ago
Técnicas Reunidas, Siemens Energy win FEED contract for Reolum’s e-methanol project in Spain
Exploration & Production

Técnicas Reunidas, Siemens Energy win FEED contract for Reolum’s e-methanol project in Spain

Reolum has awarded Técnicas Reunidas and Siemens Energy the front-end engineering design (FEED) of the La Robla Green project.

about 1 year ago
Selene prospect was drilled with the Valaris 123 jack-up rig; Source: Valaris
Exploration & Production

Shell’s North Sea gas discovery ‘commercially robust’ with FID on the cards for 2027

Shell is eyeing a field development plan (FDP) and a final investment decision (FID) in 2027 for its recent natural gas discovery in the North Sea, which is situated on the UK Continental Shelf (UKCS).

about 1 year ago
FLNG mooring job for Eni's Congo LNG project; Source: GEOCEAN
Exploration & Production

Unshackling Africa’s gas reserves with offshore ops to slot in floating LNG unit

The stage has been set to embark on offshore activities to put a mooring system for a floating liquefied natural gas (FLNG) unit in place off the coast of Congo, Africa.

about 1 year ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Exploration & Production

North Sea wildcat pair on Odfjell rig’s drilling agenda for April

Equinor has secured a drilling permit for two exploration wells in the North Sea off the coast of Norway, which are slated to be drilled next month using a semi-submersible rig owned by Odfjell Drilling.

about 1 year ago
Illustration; Source: Westwood
Exploration & Production

Delays in plug & abandonment work may put $5.5 billion on UK decom tab

With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by $5.5 billion.

about 1 year ago
Delfin LNG; Source: Delfin Midstream
Exploration & Production

‘Energy addition’ strategy in action: US hands out extension to another LNG export project

The U.S. Department of Energy (DOE) has given its fourth blessing for a liquefied natural gas (LNG) project since the return of President Donal J. Trump to the White House, prolonging the timeline to kick off LNG exports from a terminal off the coast of Louisiana, USA.

about 1 year ago
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