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Exploration & Production

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Fossil EnergyOil & GasRigsBusiness & FinanceBusiness Developments & ProjectsProject & TendersTransitionFPSO & VesselsLow-Carbon TransitionPorts & LogisticsLiquefied Natural GasInnovationVesselsTechnologyAmmoniaClean FuelHydrogenProductionTechnology & InnovationCollaborationOutlook & StrategyResearch & Development
Transocean Spitsbergen rig; Source: Transocean
Exploration & Production

Transocean rigs fetch $656 million for eight drilling gigs

Transocean has landed multi-million contracts and extensions in the U.S. Gulf of Mexico, Norway, Australia, and Brazil for seven floaters, encompassing four drillships and three semi-submersible rigs.

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

Oil & gas production uptick sets the scene for ‘solid’ financial performance as Equinor bolsters low-carbon shift with spike in renewables

Equinor has maintained a stable net profit in Q2 2024, with a drop quarter on quarter but a slight increase compared to the same period 2023.

about 2 years ago
Akcakoca production platform; Source: Trillion Energy
Exploration & Production

Perforations at Trillion’s Black Sea gas field yield mixed results

Canada’s Trillion Energy has shared the latest information on the flow rates and well perforations at its gas field off the coast of Türkiye.

about 2 years ago
FPSO Western Isles; Source: NEO Energy
Exploration & Production

FPSO staying in Scotland’s Orkney Islands for revamp ahead of redeployment to UK firm’s flagship North Sea oil project

A 2017-built FPSO, destined to work on a redevelopment project in the North Sea, will spend up to a year in Scapa Flow, according to Orkney Harbour Authority.

about 2 years ago
Nigeria LNG; Source: Oil and Gas Free Zones Authority (OGFZA)
Exploration & Production

Exodus from Nigeria’s onshore arena continues with another oil major selling operated assets to go after deepwater and LNG plays

Eni has cleared all the regulatory hurdles that stood in the way of selling its subsidiary focused on onshore oil and gas and power generation in Nigeria.

about 2 years ago
FPSO Petrojarl Kong and FSO Yamoussoukro; Source: Eni
Exploration & Production

Eni’s revamped FPSO and FSO getting ready to set sail for ‘Africa’s first net-zero emissions’ oil & gas project (Video)

Eni and Altera Infrastructure have held a naming ceremony for an FPSO and FSO, which underwent conversion works for a year.

about 2 years ago
Naming ceremony for FPSO Almirante Tamandaré; Source: SBM Offshore
Exploration & Production

SBM Offshore holds naming ceremony for huge Brazil-bound FPSO (Gallery)

SBM Offshore has officially named an FPSO destined to work at a giant field off the coast of Brazil for Petrobras.

about 2 years ago
Rendering of the Scarborough FPU; Source: Woodside
Exploration & Production

Woodside’s $12.5 billion giant gas project coming along nicely with over two-thirds of work done

While project costs have risen, Woodside has made strides in the development of its huge gas project off the coast of Western Australia, thus, the first liquefied natural gas (LNG) is still on track to be achieved in 2026.

about 2 years ago
Illustration; Source: CNOOC
Exploration & Production

Drilling ops offshore China yield medium-sized oilfield

CNOOC has undertaken appraisal drilling activities at a well off the coast of China, expecting the hydrocarbon discovery to become a medium-sized oilfield.

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Exploration & Production

Shell awaits Valaris rig to embark on North Sea drilling ops

Shell is anticipating the arrival of Valaris’ heavy-duty jack-up rig, which is now on its way to the Southern North Sea to undertake drilling activities at a gas prospect on the UK Continental Shelf (UKCS).

about 2 years ago
FPSO Energean Power; Source: Energean
Exploration & Production

UK firm greenlights $1.2 billion gas project offshore Israel

With a 30-year production license in hand, Energean has made a final investment decision (FID) for a phased development off the coast of Israel.

about 2 years ago
Altamira asset; Source: New Fortress Energy
Exploration & Production

Brownie points for US player’s part in achieving first LNG at Mexico’s offshore project

Chart Industries has received recognition for the role its technology played in reaching the first LNG production offshore Mexico.

about 2 years ago
FPSO Armada Sterling V; Source: Shapoorji Pallonji Energy (SP Energy)
Exploration & Production

India’s deepwater oil & gas project entering final stretch to reach full throttle

ONGC’s deepwater project in Indian waters deploying a floating production and storage (FPSO) unit is approaching its final development stage.

about 2 years ago
KBR’s technology selected for hydrogen and ammonia project in Oman
Exploration & Production

KBR’s technology selected for hydrogen and ammonia project in Oman

Shell has chosen KBR’s ammonia synthesis loop technology for its Blue Horizons low-carbon hydrogen and ammonia project in Duqm, Oman.

about 2 years ago
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