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Exploration & Production

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Large vessel illuminated by lights
Exploration & Production

Petrobras enlarges planned spending for oil & gas exploration and production ops, causing its 2024 capex to go up

Brazil’s state-owned energy giant Petrobras has revised its capex projection for 2024 to reflect its anticipated expansion of operations in the oil and gas exploration and production (E&P) segment.

about 1 year ago
Partners to transform Norwegian Risavika into green ammonia hub
Exploration & Production

Partners to transform Norwegian Risavika into green ammonia hub

Iverson eFuels, Port of Stavanger, ASCO Norge and St1 have signed a partnership agreement to make green ammonia available in the Stavanger region of Norway.

about 1 year ago
N05-A platform in the North Sea; Source: One-Dyas
Exploration & Production

North Sea platform designed to run on offshore wind gearing up for first gas by year-end (Video)

ONE-Dyas is setting the stage for the final leg of its journey toward the first natural gas production at its recently installed platform in the North Sea.

about 1 year ago
Noble Deliverer semi-sub rig; Source: Noble
Exploration & Production

Transocean, Valaris, Noble, Seadrill, and Diamond Offshore rigs’ drilling game lifts total backlog to $21.8 billion

Five rig-owning titans – Transocean, Valaris, Noble, Seadrill, and Diamond Offshore -which are seen as the crème de la crème of the offshore drilling contractors, have managed to increase their combined total backlog to a whopping $21.8 billion.

17 minutes read
Woodfibre LNG
Exploration & Production

Canada’s $5.1 billion gas project embarks on blasting ops to make room for world’s first net zero LNG export terminal

An LNG project has kicked off blasting activities to lay the groundwork for the future installation of the planned export terminal in Canada.

about 2 years ago
RWE kicks off green hydrogen production at pilot plant in Lingen
Exploration & Production

RWE kicks off green hydrogen production at pilot plant in Lingen

German energy company RWE has started green hydrogen production at its 14 MW pilot electrolyzer plant in Lingen, Germany.

about 2 years ago
Altamira Fast LNG 1; Source: New Fortress Energy
Exploration & Production

New milestone for offshore gas project as LNG carrier departs with first cargo load (Video)

New Fortress Energy (NFE) has completed the first cargo load and sail operation at its floating liquefied natural gas (FLNG) unit off the coast of Altamira, Mexico.

about 2 years ago
Anchor FPU; Source: Chevron
Exploration & Production

WATCH: All-electric FPU drops Anchor in Gulf of Mexico as ‘industry’s first’ deepwater 20K tech enables oil & gas flows from game-changing project

Chevron and TotalEnergies have used 20,000 psi (20K) technology to bring oil and natural gas from one of the industry’s first ultra-high pressure projects to the market and paving the way for the development of future ultra-high pressure, high-temperature discoveries around the world.

about 2 years ago
Shell's Gulf of Mexico platform; Source: Shell
Exploration & Production

Shell, BP, TotalEnergies, Eni, ExxonMobil, Chevron, and ConocoPhillips ride oil & gas demand wave, cashing in close to $32 billion in total profit

European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have collected a staggering $31.65 billion in combined profit during the second quarter of 2024.

22 minutes read
Illustration; Source: McDermott
Exploration & Production

McDermott calling the shots at Shell’s mega gas project offshore Trinidad and Tobago

McDermott is in charge of work at Shell’s undeveloped natural gas project off the coast of Trinidad and Tobago.

about 2 years ago
PEL 94 offshore Namibia; Source: Global Petroleum
Exploration & Production

Talks underway with potential partner to sign up for exploitation of oil prospect offshore Namibia

Global Petroleum has engaged in discussions to secure a farm-in agreement with an undisclosed potential operating partner for PEL 94 offshore Namibia.

about 2 years ago
Dragon LNG
Exploration & Production

LNG-breathing Dragon flaps its wings in welcome as Shell’s new Dutch partner comes aboard UK gas project

VTTI has joined Shell in Dragon LNG, a major import terminal for the supply of liquefied natural gas (LNG) to the United Kingdom market.

about 2 years ago
Giant Heerema vessel installs offshore wind-powered gas platform in North Sea
Exploration & Production

Giant Heerema vessel installs offshore wind-powered gas platform in North Sea

Heerema Marine Contractors has completed the installation of a gas platform in the North Sea that is set to be powered by offshore wind as part of a project operated by Dutch exploration and production player ONE-Dyas. Following the discovery of the N05-A field in August 2017, ONE-Dyas secured the f

about 2 years ago
View from a vessel deck overlooking another vessel
Exploration & Production

UK player gears up for next stage of exploration offshore Namibia

Tower Resources has been invited to apply for an extension of the initial exploration period for its license off the coast of Namibia.

about 2 years ago
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