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Exploration & Production

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Business & FinanceBusiness Developments & ProjectsVesselsProject & TendersAuthorities & GovernmentRegulation & PolicyCollaboration
Rendering of an LNG plant
Exploration & Production

30-year gas pact puts $44 billion LNG project at go/no‑go crossroads

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has confirmed that the first segment of its liquefied natural gas (LNG) export development in Alaska is at a critical juncture, with sufficient North Slope natural gas volumes locked in for a final investment decision (FID), following its latest

about 2 months ago
Rendering of Commonwealth LNG plant
Exploration & Production

$13 billion US LNG project moves into execution phase with FID in the bag

America’s integrated gas and liquefied natural gas (LNG) company Caturus, controlled by the energy-focused alternative investment manager Kimmeridge, has unveiled a final investment decision (FID) for its LNG export project under development in Louisiana, United States.

about 2 months ago
Rendering of a future LNG terminal
Exploration & Production

Argent LNG and BOTAŞ shake on US LNG deal to enrich Türkiye’s energy arsenal

Argent LNG, a U.S.-based liquefied natural gas (LNG) export developer headquartered in Louisiana, has signed on the dotted line with Boru Hatları ile Petrol Taşıma A.Ş. (BOTAŞ), the state-owned natural gas company of the Republic of Türkiye, to supply LNG to Türkiye.

about 2 months ago
N05-A platform in the North Sea; Source: One-Dyas
Exploration & Production

More North Sea drilling ops on Eni and ONE-Dyas’ Dutch agenda

The Netherlands-based exploration and production player ONE-Dyas and Italy’s energy giant Eni are expected to undertake more offshore drilling activities in the Dutch sector of the North Sea before the year ends.

about 2 months ago
Shelf Drilling Winner jack-up rig; Source: Shelf Drilling
Exploration & Production

ADES’ 2014-built rig turns one-year North Sea gig into three-year drilling job

ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has secured a long-term extension for a drilling assignment its 12-year-old jack-up rig is undertaking in the Dutch sector of the North Sea.

about 2 months ago
FSO will work on Block B offshore Vietnam; Source: Yinson Production
Exploration & Production

Yinson Production and PTSC lock in financing for Southeast Asian gas project’s FSO

Singapore’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, and its joint venture (JV) partner, PTSC, have secured multimillion-dollar funding for the partial construction of a newbuild floating storage and offloading (FSO) unit, destined to

about 2 months ago
Illustration; Source: Velesto Energy
Exploration & Production

Velesto lines up multi-well offshore rig job in Southeast Asia

Malaysia’s Velesto Energy, owner of premium jack-up rigs, has been hired to supply a jack-up rig for a drilling campaign off the coast of Malaysia, Southeast Asia.

about 2 months ago
Deepsea Yantai; Source: Odfjell Drilling
Exploration & Production

DNO in the clear for drilling ops with Odfjell Drilling-managed rig

Norway’s oil and gas player DNO has received the go-ahead from the country’s authorities for drilling activities in the Norwegian Sea with a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.

about 2 months ago
FPSO Léopold Sédar Senghor (for illustration purposes); Source: Woodside Energy
Exploration & Production

$7.5 billion gas project on Senegal’s development agenda

Société des Pétroles du Sénégal (Petrosen), Senegal’s state-owned oil and gas company, has shed light on the investment required to bring a deepwater gas field to life, which is estimated to hold recoverable resources of approximately 25 trillion cubic feet (tcf) of gas.

about 2 months ago
Transocean Encourage rig; Source: Transocean
Exploration & Production

Seal of approval for Equinor’s drilling ops with Transocean’s 2016-built rig

Norway’s state-owned energy giant Equinor has received clearance from the Norwegian authorities to conduct drilling activities on the Norwegian Continental Shelf (NCS) with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 2 months ago
ADES' 300-feet Main Pass IV jack-up rig has been booked for operations offshore Nigeria; Credit: Shelf Drilling, now part of ADES
Exploration & Production

ADES’ 1982-built rig scoops up multimillion-dollar drilling gig in Nigerian waters

ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has won a new offshore drilling assignment off the coast of Nigeria for one of its jack-up rigs.

about 2 months ago
BP and SOCAR boost energy collaboration with new MOU; Source: Meg O'Neill via LinkedIn
Exploration & Production

BP and SOCAR fortify energy ties

UK-headquartered energy giant BP and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed on the dotted line to strengthen their energy bonds.

about 2 months ago
PV Drilling
Exploration & Production

Rig job for Southeast Asian development campaign goes to PV Drilling

Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has been hired on a jack-up assignment for a development drilling program at a field off the coast of Vietnam, Southeast Asia.

about 2 months ago
FPSO Johan Castberg; Source: Equinor
Exploration & Production

Norwegian oil & gas cash flow surpasses $74 billion as investment bill hits $30.71B

As the Norwegian Continental Shelf (NCS) continues to attract new investments into oil and gas exploration and production (E&P) activities amid the global energy security concerns spurred by the Middle East conflict, Norway has upped its net cash flow ante from the petroleum sector, with billions ad

about 2 months ago
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