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Exploration & Production

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Illustration; Source: Westwood
Exploration & Production

$54 billion in engineering, procurement and construction contracting opportunities on offshore oil & gas agenda for 2025

The batch of new projects, which are expected to reach the EPC stage this year, is anticipated to lead to awards worth billions of dollars for jobs related to associated subsea equipment, offshore platforms, floating production units, and liquefied natural gas (LNG) equipment and facilities, based o

about 1 year ago
New 800 MW green hydrogen project launched in Northern Germany
Exploration & Production
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New 800 MW green hydrogen project launched in Northern Germany

Denmark’s Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (ETF), and German Friesen Elektra Green Energy have initiated project Anker, a green hydrogen production facility in Sande, Northern Germany.

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

‘Great’ oil & gas exploration appetite bears fruit as Norway awards 53 new production licenses

As part of the award in the pre-defined areas 2024 (APA 2024) round, Norway’s Ministry of Petroleum and Energy has offered 53 production licenses to 20 oil and gas companies for further hydrocarbon exploration activity on the Norwegian Continental Shelf (NCS).

about 1 year ago
Jacket for Quiluma platform off the coast of Angola; Source: Saipem
Exploration & Production

Saipem unveils platform construction milestone for Angola’s ‘pioneering’ gas project (Gallery)

Saipem has disclosed progress in bringing a jacket for an Angola-bound offshore platform to life. The platform, set to be used on a natural gas project in Africa, is perceived to be Angola’s first non-associated gas development.

about 1 year ago
Nel halts alkaline electrolyzer production in Norway
Exploration & Production

Nel halts alkaline electrolyzer production in Norway

Norwegian company Nel has decided to temporarily halt production at the alkaline electrolyzer production facility in Herøya, Norway.

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

BP eyes first gas months earlier with subsea ops already underway, as Valaris rig moves to next well

UK-headquartered energy giant BP has wrapped up drilling activities at two wells, targeting to bring them on stream next month.

about 1 year ago
An offshore platform
Exploration & Production

Murphy finds oil pay offshore Vietnam

A subsidiary of Houston-based oil and gas company Murphy Oil has drilled an exploration well and found oil in a block situated in the Cuu Long Basin offshore Vietnam.

about 1 year ago
Tyra II; Source: TotalEnergies
Exploration & Production

TotalEnergies bumps plateau production at giant North Sea gas project to month-end

TotalEnergies has revised its plateau production timeline as ramp-up activities continue to ensure all fields will be up and running at full capacity at its natural gas redevelopment project in the Danish sector of the North Sea.

about 1 year ago
Shell has hired SLB for multi-region deepwater work across several assets; Source: SLB
Exploration & Production

Shell taps SLB for ‘major’ multi-region deepwater drilling gigs

SLB has landed a batch of new deals with Shell to handle drilling assignments, spanning several regions, including the UK sector of the North Sea, Trinidad and Tobago, and the Gulf of Mexico alongside others.

about 1 year ago
Prigorodnoye production complex at Sakhalin II project; Source: Gazprom
Exploration & Production

America and UK put two Russian oil majors on blacklist, as US sanctions spree spreads to 183 ‘shadow fleet’ vessels

The latest raft of sanctions, which comes from the United States (U.S.) and the United Kingdom (UK), targets Russia’s energy sector by focusing on two giant Russian oil producers alongside means of enabling crude oil production and exports.

21 minutes read
Shah Deniz Alpha platform off the coast of Azerbaijan; Source: BP
Exploration & Production

BP shuts down production at offshore platform, Azerbaijan cuts off gas supplies to Bulgaria and Serbia

A pipeline malfunction has forced BP, the UK-headquartered energy giant, to temporarily stop production from a platform at one of the world’s largest gas-condensate fields and the company’s largest gas discovery ever.

about 1 year ago
Shell used Deepsea Bollsta rig, formerly known as West Bollsta for its drilling campaign in Namibia's Orange Basin; Source: Odfjell Drilling
Exploration & Production

Namibia’s Orange Basin still oil-rich but Shell’s discovery deemed ‘commercially unfeasible’

Shell has decided to write down $400 million, citing technical and geological difficulties encountered at the petroleum exploration license (PEL) 39, as its oil discovery in the Orange Basin off the coast of Namibia cannot be confirmed for commercial development at this point.

about 1 year ago
Whale in the U.S. Gulf of Mexico; Source: Shell
Exploration & Production

Shell and Chevron cheer first oil as Whale song enriches energy security courtship in US Gulf of Mexico

Shell, and its partner, Chevron, have boosted their oil and gas arsenal in the U.S. Gulf of Mexico by starting production from a deepwater project more than seven years after the original hydrocarbon discovery.

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

Legal quagmire of US offshore oil & gas drilling: Trump’s ban reversal vow clashes with ‘uphill battle’ pledges

U.S. President-elect Donald Trump has vowed to undo the offshore drilling ban, sparking a backlash from climate activists, who threaten to take the new Trump administration to court if it attempts to unravel these ocean protections.

15 minutes read