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Exploration & Production

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Illustration; Source: CNOOC
Exploration & Production

One more ‘major breakthrough’ for China as another ultra-deepwater gas discovery springs up

CNOOC has boosted its natural gas reserves with another discovery, which is said to mark the first major exploration breakthrough in ultra-deepwater carbonate rocks off the coast of China.

about 1 year ago
FPSO P-63; Source: Petrobras
Exploration & Production

Oil production at Brazilian offshore field comes to a halt with restart date still unknown

Brava Energia has shut down production at an oil field in the Campos basin off the coast of Brazil. The timeline for the resumption of production remains elusive.

about 1 year ago
Alpha Star rig; Source: Constellation
Exploration & Production

Shell takes Constellation rig for work offshore Brazil

Shell has booked a semi-submersible rig, owned by Constellation Oil Services for a short-term assignment in the Campos Basin off the coast of Brazil.

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

Saipem exploring nuclear tech as ‘new frontier’ in offshore oil & gas for emission-free energy

Saipem is pooling resources with the UK-based newcleo to throw nuclear technology into the offshore oil and gas operations mix and look into the development of floating nuclear-powered prototypes on a quest to achieve zero-emission energy.

about 1 year ago
CoreAll's video footage indicates Saipem's Scarabeo 8 semi-submersible rig participated in the CoDril trials with Aker BP in the Barents Sea; Image source: Var Energi
Exploration & Production

Oil & gas firm puts tripping-free tech forces to the test: Blazing new trails to shape coring and drilling innovations

The field trials off the coast of Norway aim to determine whether an innovative technology designed to solve core drilling’s tripping woes will live up to expectations.

about 1 year ago
Illustration; Credit: Morten Berentsen/NOD
Exploration & Production

21 oil & gas firms show ‘great faith’ in hydrocarbon exploration in Norwegian waters

21 companies have submitted offers for production licenses, as part of the award in pre-defined areas 2024 (APA 2024) licensing round, indicating their interest in further exploration activity on the Norwegian Continental Shelf (NCS).

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

Shelf Drilling jack-up duo’s new long-term gigs prompting rig moves to West Africa

UAE-headquartered offshore drilling contractor Shelf Drilling has won a new set of drilling assignments for two jack-up rigs in its fleet.

about 1 year ago
Megalodon; Source: Pinnacle Engineering
Exploration & Production

New oil & gas discovery pops up in Gulf of Mexico while ongoing drilling ops hint another may come soon

Talos Energy has confirmed a discovery of commercial quantities of oil and natural gas at a block in the U.S. Gulf of Mexico where the firm holds a non-operated stake.

about 1 year ago
Jack/St. Malo is believed to be one of Chevron’s highest producing facilities in the U.S Gulf of Mexico; Source: Chevron
Exploration & Production

US energy giant pulls off oil & gas uplift at Gulf of Mexico deepwater duo

Chevron has taken steps to raise the oil and natural gas recovery bar at two facilities in the deepwater U.S. Gulf of Mexico in line with its plans to increase production in this region.

about 1 year ago
Chevron secured Stena Drilling’s Stena Forth drillship for a decommissioning campaign in the Mediterranean Sea offshore Israel a few years ago, alongside an option for a well offshore Cyprus; Source:
Exploration & Production

Chevron takes another shot at making Aphrodite rise from the sea with revised $4 billion plan for offshore gas development

Chevron has handed over an updated plan for the development of an offshore gas field reservoir in Block 12 to the government of Cyprus, which is located in the Eastern Basin of the Mediterranean Sea.

about 1 year ago
Bayu-Undan; Source: Santos
Exploration & Production

Santos inks LNG supply deal and irons out details for new partner at gas field offshore Timor-Leste

Santos has signed a new mid-term LNG supply contract with Glencore and hammered out a deal for the divestment of a partial stake in an offshore gas project with TIMOR GAP.

about 1 year ago
ExxonMobil plans hydrogen and CCS facility in Texas
Exploration & Production

ADNOC to acquire stake in ExxonMobil’s low-carbon hydrogen project in Texas

ADNOC and ExxonMobil have signed an agreement under which ADNOC will acquire a 35% equity stake in ExxonMobil’s low-carbon hydrogen and ammonia production facility in Baytown, Texas, U.S.

about 1 year ago
Dhirubhai Deepwater KG1 drillship; Source: Transocean
Exploration & Production

Transocean’s 2009-built drillship lands 300-day deal offshore India

Transocean has picked up a multimillion-dollar contract for one of its drillships off the coast of India.

about 1 year ago
BP's Cassia platform offshore Trinidad and Tobago (for illustration purposes); Source: BP
Exploration & Production

BP disposes of mature assets in Trinidad and Tobago to chase shallow water, deepwater, and cross-border gas opportunities

BP has sealed a deal to sell a package of four mature gas assets and undeveloped resources from one field to with Perenco.

about 1 year ago
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