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Exploration & Production

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Illustration; Source: Petrobras
Exploration & Production

Petrobras fires the starting gun on bid battle for two new Brazil-bound FPSOs

Petrobras has kicked off a new procurement process to secure two more floating production, storage, and offloading (FPSO) vessels, which will be deployed in the Sergipe Alagoas Basin off the coast of Brazil.

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

Chinese oil & gas giant on a roll as another development project comes online

China National Offshore Oil Corporation (CNOOC) has begun production at another oilfield development project in the South China Sea, off the coast of China.

about 1 year ago
Main Pass IV jack-up rig; Source: Shelf Drilling
Exploration & Production

Shelf Drilling rig scores new gig offshore Nigeria

Shelf Drilling (SHLF) has landed a new drilling assignment for one of its jack-up rigs off the coast of Nigeria in West Africa.

about 1 year ago
FSO concept for Murphy's oilfield; Source: Yinson Production
Exploration & Production

US player entrusts Yinson Production and PTSC JV with FSO for Asian offshore oil project

A joint venture consisting of PTSC and Yinson Production has been put in charge of the provision, charter, operation, and maintenance of a floating storage and offloading (FSO) vessel destined for an oilfield development project in the Cuu Long Basin off the coast of Vietnam in Southeast Asia, which

about 1 year ago
Noble Invincible; Source: Noble Corporation
Exploration & Production

New North Sea oil discovery springs up as Othello opens new play in ‘dry belt’

DNO has made a new oil discovery in the southern North Sea on the Norwegian Continental Shelf (NCS), which is described as a play opener in an area previously dubbed ‘the dry belt,’ where little exploration interest was noted in recent years.

about 1 year ago
Santorini drillship; Source: Saipem
Exploration & Production

Saipem rig finds more light oil & gas-condensate offshore Namibia

Galp has struck light oil and gas-condensate in the first well within its second exploration and appraisal program in the Orange Basin, where oil discoveries were made during the first campaign within license PEL 83 off the coast of Namibia.

about 1 year ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Exploration & Production

$80 billion ‘powerhouse’ makes its entrance on energy stage with gas, low-carbon tools, and chemicals in mind

ADNOC has unveiled XRG, a low-carbon energy, natural gas, and chemicals investment company with an enterprise value of over $80 billion, which is envisioned to power the world with lower-emission energy to enable a more sustainable energy future.

about 1 year ago
FPSO Petrojarl Kong and FSO Yamoussoukro; Source: Eni
Exploration & Production

Eni expands offshore oil & gas acreage in Côte d’Ivoire ahead of its giant project’s next chapter

Eni has enriched its offshore oil and gas portfolio in Côte d’Ivoire with four new exploration blocks while closing in on the finish line to bring the second stage of its oil and gas development online.

about 1 year ago
Previously disclosed preferred tie-in point of Anning and Somerville fields to Shell’s infrastructure (Corvette and Leman-A platforms); Source: Hartshead
Exploration & Production

UK’s new fiscal regime keeps North Sea gas project ‘robust and high value’ but alternate export route on the table

ASX-listed Hartshead Resources and Viaro Energy, through its wholly-owned subsidiary RockRose Energy, are working on progressing the development of their gas project in the UK sector of the North Sea.

about 1 year ago
Black Sea map; Source: OMV Petrom
Exploration & Production

Israel’s NewMed getting in on Black Sea hydrocarbon exploration ops

OMV Petrom has struck a deal with NewMed Energy for the transfer of a partial stake in an offshore block in Bulgaria’s part of the Black Sea, enabling the latter to join the upcoming exploration activities in search for more hydrocarbons.

about 1 year ago
Tartaruga field; Source: Petrobras
Exploration & Production

Petrobras launches divestment of shallow water oil & gas field offshore Brazil

Petrobras has kicked off the opportunity disclosure stage for the sale of its working interest in a producing shallow water field in the Sergipe-Alagoas Basin off the coast of Brazil.

about 1 year ago
Transocean Endurance rig; Source: Songa Offshore, now part of Transocean
Exploration & Production

Transocean rig boosting staff safety with UK player’s zone monitoring tech

Salunda has secured its first installation of its patented zone monitoring technology in Australia and the wider Asia Pacific (APAC) region, thanks to a deal to deploy its zone monitoring solution on one of Transocean’s rigs working in Australian waters.

about 1 year ago
Visit to Subsea7's Seven Seas pipe-laying vessel; Source: BP
Exploration & Production

BP’s project on track for first gas in 2025 as Seven Seas preps for action

BP is moving forward with activities required to bring on stream a subsea gas development project offshore Trinidad and Tobago.

about 1 year ago
Mist rig; Source: Borr Drilling
Exploration & Production

Borr Drilling rig begins another five-well campaign at next field on its drilling list

Valeura Energy has achieved an oil production boost, following a five-well infill drilling program at a field off the coast of Thailand. Encouraged by these results, the firm has prolonged the assignment for one of Borr Drilling’s jack-up rigs, which undertook these drilling operations, thus, the mo

about 1 year ago
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