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Exploration & Production

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Fossil EnergyLow-Carbon TransitionOil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsEnvironmentRegulation & PolicyRules & RegulationTransitionRigsProject & TendersOffshore WindSeismicSubseaSurveys & InterventionsVessels & VehiclesCarbon Capture Usage & StorageMarket OutlooksOutlook & StrategyLiquefied Natural GasEquipmentInfrastructureTechnologyDecommissioningSafetyFPSO & Vessels
Jackdaw platform; Source: Aker Solutions
Exploration & Production

Shell and Equinor weeks away from court fight over two mega oil & gas projects in UK waters

The legal battle that may decide the fate of two of the largest undeveloped oil and gas fields off the coast of the United Kingdom (UK) is fast approaching with less than three weeks left until the set date.

about 1 year ago
Brage platform; Source: OKEA
Exploration & Production

Stamp of approval for North Sea operator to kick off drilling ops

Norwegian oil and gas company OKEA has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off the coast of Norway.

about 1 year ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Exploration & Production

With clearance in hand, Shelf Drilling focuses on final rig prep for ops in Norwegian waters

Shelf Drilling has now received the Norwegian offshore safety regulator’s stamp of approval after the watchdog’s initial rejection of its application to obtain an acknowledgment of compliance (AoC) for one of its jack-up rigs, which is gearing up for work on the Norwegian Continental Shelf (NCS) wit

about 1 year ago
TGS sees record-high OBN contract activity following merger with PGS
Exploration & Production

TGS sees record-high OBN contract activity following merger with PGS

Norway-based energy data and intelligence company TGS has reported record-high ocean bottom node (OBN) contract activity in the third quarter of 2024, the first quarter including PGS, with the utilization of its streamer fleet improving on high bid activity. In Q3 2024, TGS said that the activity le

about 1 year ago
Outer Harbor project site in February 2024; Source: Venice Energy
Exploration & Production

US firm bankrolls its Singapore arm’s entrance into Australian LNG market

Nebula Energy will foot the bill for its majority-owned AG&P LNG to spread its wings into the Australian liquefied natural gas (LNG) arena with the acquisition of Venice Energy, a developer of an import terminal project in South Australia, which is said to be the world’s first floating LNG (FLNG) im

about 1 year ago
Ocean Onyx semi-submersible rig; Source: Noble
Exploration & Production

Noble anticipates step-up in floater rig demand as deepwater oil & gas plays become ‘critical’ to global energy security

Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.

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

US court forestalls threat of oil & gas shutdown in Gulf of Mexico with a reprieve

A court decision, which was interpreted to pose a serious threat to new and existing oil and natural gas operations in the U.S. Gulf of Mexico with some fearing that it would have unintended consequences for the offshore wind program as well, has been replaced with a new one.

about 1 year ago
Sleipner field in North Sea; Credit: Øyvind Gravås and Bo B. Randulff/Equinor
Exploration & Production

Update: North Sea platform still offline after smoke incident

Equinor has confirmed that the production at an unmanned production platform on a gas field in the North Sea offshore Norway remains shut in, following the appearance of smoke, with no impact on committed gas exports currently anticipated.

about 1 year ago
FSRU; Courtesy of Hanwha Ocean
Exploration & Production

Japanese giant strikes deal for Singapore’s first FSRU

Mitsui O.S.K. Lines (MOL) has won a long-term time charter contract for a floating storage and regasification unit (FSRU), which will be built by South Korea’s Hanwha Ocean for deployment in Singapore.

about 1 year ago
Rendering of Balder area in North Sea; Source: Vår Energi
Exploration & Production

Six-well North Sea drilling campaign with $690 million price tag coming up next year to unleash more high-value barrels

Vår Energi, together with its partner, Kistos Energy, has greenlighted a final investment decision (FID) for a multi-well project, which aims to develop the next stage of a field life extension project in the North Sea off the coast of Norway.

about 1 year ago
Wison's existing 1.3 mtpa FLNG model (for illustration purposes); Source: Wison New Energies
Exploration & Production

Chinese player entrusted with flagship FLNG project unlocking ‘stranded’ offshore gas fields in Oceania

Wison New Energies has picked up a new assignment with Kumul Petroleum related to Papua New Guinea’s first floating liquefied natural gas (FLNG) unit, which is planned to be deployed to the Gulf of Papua in Oceania to assist the Pacific island country in commercializing its offshore gas fields.

about 1 year ago
Norve jack-up rig; Source: Borr Drilling
Exploration & Production

More oil to flow offshore Gabon as Borr Drilling’s rig gears up for workover ops before spudding another prospect in 2025

BW Energy has brought online another well on its list at an oil field in the Dussafu license off the coast of Gabon, Africa.

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

Chinese giant brings another oil development project online in South China Sea

China’s CNOOC has started production from an oilfield development project in the South China Sea ahead of schedule.

about 1 year ago
Valaris 123 jack-up rig; Source: Valaris
Exploration & Production

Initial drilling indications seen as ‘encouraging’ at Shell’s high-impact North Sea gas prospect

While the preliminary findings indicate the presence of gas, Shell is continuing activities at its high-impact gas prospect in the UK sector of the North Sea, thus, more information will be available following a comprehensive review.

about 1 year ago
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