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Exploration & Production

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Fossil EnergyOil & GasRigsBusiness & FinanceBusiness Developments & ProjectsProject & TendersAuthorities & GovernmentLiquefied Natural GasFPSO & VesselsLow-Carbon TransitionCarbon Capture Usage & StorageEnvironmentMarket OutlooksOutlook & StrategyRegulation & PolicyRules & RegulationTransitionHydrogenProductionTechnology & InnovationResearch & DevelopmentTechnologyInfrastructureProduction & ProcessingSubseaCollaborationVision
Noble Developer rig; Source: Noble
Exploration & Production

Shell chooses Noble rig for drilling job in Americas

U.S. offshore drilling contractor Noble Corporation has landed a new drilling assignment in the Americas with Shell, a UK-headquartered energy giant.

about 1 year ago
Valaris DS-12 drillship; Source: Valaris
Exploration & Production

BP hits oil & gas pay in Mediterranean Sea

UK-headquartered energy giant BP has found more oil and gas in the northern Mediterranean within the Egyptian Exclusive Economic Zone (EEZ).

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

Two drilling strikes in a row for Aker BP as another North Sea well comes up empty

Aker BP has drilled another dry well in the North Sea off the coast of Norway. The drilling activities were conducted by one of Odfjell Drilling’s semi-submersible rigs.

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

Two Namibian prospects on TotalEnergies’ drilling agenda in 2025 as it puts off FID for oil discovery

TotalEnergies has decided to bump a final investment decision (FID) to next year for its giant oil discovery in the Orange Basin off the coast of Namibia. However, the firm has lined up drilling activities at two prospects in the African country for 2025.

about 1 year ago
Transocean Barents rig is on drilling duty with OMV Petrom in Romanian Black Sea; Source: OMV Petrom
Exploration & Production

WATCH: Transocean rig preps to spin the drill bit on €4B gas project

With preparations one of the semi-submersible rigs, owned by Transocean, is undergoing in Constanta drawing to a close, a start-up date for a long-term drilling campaign on a natural gas project in the Black Sea is fast approaching.

about 1 year ago
West Neptune drillship; Source: Seadrill
Exploration & Production

US oil & gas player gets cracking on development studies as two out of three Gulf of Mexico wells yield hydrocarbons

U.S.-headquartered privately owned exploration and production company LLOG Exploration has started the ball rolling on development studies for two hydrocarbon-bearing wells in its three-well exploration/appraisal campaign. The wells are located in the U.S. Gulf of Mexico, which is being renamed the

about 1 year ago
FLNG Tango; Source: Exmar
Exploration & Production

With FLNG production levels off the charts, previous owner awaits its bonus

Exmar has revealed that an FLNG it sold to Eni has surpassed production expectations and guaranteed levels while working on the Italian player’s LNG project off the coast of Congo, Africa.

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

Australian firm in talks with Altera & Ocyan to buy Brazilian FPSO

Australia’s Karoon Energy has engaged in negotiations to take possession of a floating production, storage, and offloading (FPSO) vessel working on its project off the coast of Brazil with the FPSO’s current owner and operator, Altera & Ocyan (A&O).

about 1 year ago
The appraisal drilling at Block 58 was done with the Maersk Valiant (now called Noble Valiant) drillship; Source: Noble Corporation
Exploration & Production

NOC raising funds to cover its share of costs for TotalEnergies-led $12.2B oil project off Suriname

Staatsolie is taking action to secure the money required to cover its part of the development costs for the first-ever offshore oil field in Suriname, which is operated by TotalEnergies.

about 1 year ago
NAGA 8 rig; Source: Velesto
Exploration & Production

Exclusive interview: Velesto going after three Ds – Digitalization, decarbonization, and diversification for enhanced drilling and oil & gas era

Technological advancement, supportive policy regulations, and integration of greener and cleaner power innovations are a bedrock of an equitable energy transition age for Malaysia’s Velesto Energy, which has set its cap on growth and expansion by dipping its toes into robotics and eyeing potential d

21 minutes read
Shell's FPSO Penguins; Source: Sevan
Exploration & Production

Shell’s new North Sea FPSO brings UK’s oil & gas field back online

Shell has put into operation mode its first new FPSO in the North Sea after more than two decades have gone by since its previous one.

about 1 year ago
ITM Power to work on 10 MW hydrogen production plant design configuration
Exploration & Production

ITM Power to work on 10 MW hydrogen production plant design configuration

UK’s electrolyzer manufacturer ITM Power has been contracted by an undisclosed European energy company to jointly develop a standard design configuration for a 10 MW green hydrogen production plant.

about 1 year ago
FPSO Liza Destiny; Credit: SBM Offshore
Exploration & Production

Guyana greenlights $51.2 billion to move forward with its mega gas-to-energy project

Guyana’s Office of the Prime Minister has put its stamp of approval on planned budgetary allocations of $141.45 billion, which is anticipated to lend a helping hand in finishing important projects. As a result, this amount encapsulates a $51.2 billion investment to bolster the country’s flagship gas

about 1 year ago
Vår Energi's precommitment to subsea systems to cut tie-back development time by up to one year
Exploration & Production

Vår Energi’s precommitment to subsea systems to cut tie-back development time by up to one year

Norwegian oil & gas company Vår Energi has signed a pre-commitment agreement with OneSubsea, a joint venture (JV) backed by SLB, Aker Solutions and Subsea7, for the delivery of subsea production systems (SPS), a move expected to shorten subsea tie-back development time by up to one year. Under the S

about 1 year ago
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