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Exploration & Production

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Woodside obtains $1 billion loan to finance giant gas project
Exploration & Production

Japanese back Woodside with $1 billion loan for giant gas project in Australia

Australian energy giant Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC) to fund its giant gas project off the coast of Western Australia. The loan agreement, executed in Tokyo, Japan, between Woodside CEO Meg O’Neill and JBIC Deputy Governor K

about 2 years ago
Norwegian oil & gas players come up dry in North Sea and Barents Sea
Exploration & Production

Norwegian oil & gas players come up dry in North Sea and Barents Sea

Norwegian oil and gas players Aker BP and Vår Energi have respectively drilled two wells in the North Sea and Barents Sea that turned out to be dry. Aker BP drilled the dry well 24/6-5 Alvheim Deep in the North Sea in production license 203, awarded in 1996, representing the eleventh exploration wel

about 2 years ago
$1.25 billion contract win for Subsea7 with Brazil's state-owned oil & gas giant
Exploration & Production

Subsea7 wins contract worth over $1.25 billion with Brazil’s oil & gas giant

Subsea7 has secured a contract worth over $1.25 billion with Brazil’s state-owned oil and gas giant Petrobras for a field located at 2,000 meters of water depth offshore Brazil. Under the contract defined as “super-major”, Subsea7 will perform engineering, procurement, fabrication, installation, and

about 2 years ago
Rendering of Woodfibre LNG project; Source: Woodfibre LNG
Exploration & Production

Bankrolling fossil fuels: 60 giant banks pick up the $7 trillion tab for coal, oil & gas

Report: Over 60 international banks have been keeping the fossil fuel players in business by footing the bill for their further expansion rather than cutting off the purse strings.

about 2 years ago
Noble Resilient jack-up rig; Source: Noble Corporation
Exploration & Production

Noble rig finds more work in UK waters

Noble Corporation has landed a new assignment for one of its harsh environment jack-up rigs with Harbour Energy.

about 2 years ago
TA’ZIZ ammonia project in Abu Dhabi reaches new stage
Exploration & Production

TA’ZIZ ammonia project in Abu Dhabi reaches new stage

Fertiglobe has awarded a construction contract to Tecnimont for TA’ZIZ’s low-carbon ammonia production facility in Abu Dhabi.

about 2 years ago
Ougarta LNG carrier; Source: Sonatrach
Exploration & Production

Sonatrach hands over first LNG cargo to Croatia and seals natural gas deal with Slovenian firm

Sonatrach has strengthened natural gas ties with Slovenia, thanks to an agreement with Geoplin.

about 2 years ago
Illustration; Source: JDR Cable Systems
Exploration & Production

Interview with JDR: Spotlight on subsea cables’ starring role in oil & gas and renewable plays during transformation to greener energy mix

Subsea cables are expected to remain at the heart of further energy transition moves, according to JDR Cable Systems.

about 2 years ago
TotalEnergies-EREN venture, VERBUND to work on hydrogen project in Tunisia
Exploration & Production

TotalEnergies-EREN venture, VERBUND to work on hydrogen project in Tunisia

TE H2, a joint venture between TotalEnergies and EREN Groupe, together with VERBUND, has signed an MoU with Tunisia to study the implementation of a large green hydrogen project for export to Central Europe through pipelines.

about 2 years ago
Uranus rig carried out Trillion's 2022 – 2023 drilling campaign at SASB; Source: Trillion Energy
Exploration & Production

Busy times ahead for offshore gas field as activities in Black Sea unfold

Trillion Energy has set the stage to undertake a two-month work program on a natural gas field in the Black Sea off the coast of Türkiye.

about 2 years ago
Mist rig; Source: Borr Drilling
Exploration & Production

With drilling ops underway, first oil from Asian project still in the cards for next quarter

Valeura Energy has kicked off a development drilling campaign at an asset off the coast of Thailand with a jack-up rig owned by Borr Drilling.

about 2 years ago
FPSO Marechal Duque de Caxias; Source: Petrobras
Exploration & Production

FPSO comes to Brazilian waters and heads for Petrobras’ third largest oil field

Petrobras has welcomed the arrival of a floating production, storage, and offloading (FPSO) vessel from China to Brazilian waters.

about 2 years ago
Illustration; Source: Pré-Sal Petróleo S.A (PPSA)
Exploration & Production

Petrobras taps Seatrium for construction of $8.15 billion FPSO pair

Petrobras has hired Seatrium for the supply of two FPSOs, which will be deployed at its fields off the coast of Brazil.

about 2 years ago
FPSO Triton; Source: Dana Petroleum
Exploration & Production

Subsea7’s new multibillion-dollar UK gig brings it more work in North Sea oil & gas arena

Subsea7 has tucked a new assignment in the UK under its belt, which will enable it to work on the development of a field in the North Sea.

about 2 years ago
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