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Exploration & Production

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FPSO Carioca MV30; Source: Dalian Cosco Shipping Heavy Industries
Exploration & Production

Petrobras sanctions next phase of two oil projects in Brazilian waters

Petrobras has made a final investment decision (FID) to move forward with the second development phase of two oil fields offshore Brazil.

about 2 years ago
Illustration; Source: National Grid
Exploration & Production

Over $76 billion set aside for energy projects across the Atlantic over next five years

National Grid has unveiled its investment plan for the 2024-29 period, earmarking £60 billion (close to $76.5 billion) for energy projects that will step up its decarbonization game and propel the energy transition momentum forward on both sides of the Atlantic Ocean.

about 2 years ago
Troll A platform in the North Sea; Credit: Øyvind Gravås/Even Kleppa - Equinor
Exploration & Production

Equinor unveils over $1 billion investment to lift the gas production bar at giant North Sea field

Equinor has disclosed plans to develop further gas infrastructure at a huge oil and natural gas field in the Norwegian sector of the North Sea.

about 2 years ago
Ohmium to supply PEM electrolyzers for green hydrogen project in Croatia
Exploration & Production

Ohmium to supply PEM electrolyzers for green hydrogen project in Croatia

Ohmium International, a green hydrogen company that designs, manufactures and deploys advanced PEM electrolyzers, has been selected to equip what is said to be the first green hydrogen project in Croatia.

about 2 years ago
Borr Drilling
Exploration & Production

Borr Drilling rigs find new jobs in Europe, Southeast Asia, Middle East, and Africa

Borr Drilling has secured a batch of new contracts, extensions, and potential assignments, for several premium jack-up rigs in its fleet.

about 2 years ago
Norve jack-up rig; Source: Borr Drilling
Exploration & Production

UK oil & gas firm’s drilling plans run into setback due to Borr rig’s holdup on current assignment

Tower Resources is working on ironing out a new drilling date for an asset offshore Cameroon, with Borr Drilling.

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

Chinese oil & gas giant enlarges its portfolio with five offshore blocks in Mozambique

CNOOC Limited has expanded its oil and gas footprint with five new blocks located off the coast of Mozambique.

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

ExxonMobil gets court’s blessing to forge ahead with lawsuit against climate activist investor

ExxonMobil has received a green light from a federal judge to proceed with legal action against Arjuna Capital.

about 2 years ago
Deepsea Aberdeen rig; Source: Odfjell Drilling
Exploration & Production

Equinor strikes oil in North Sea

Equinor has made a small oil discovery in the North Sea off the coast of Norway, using one of Odfjell Drilling’s semi-submersible rigs.

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

Biden administration hit with one more lawsuit over LNG permitting freeze

A new lawsuit has been filed to challenge the LNG permitting ban to non-FTA countries in the United States.

about 2 years ago
Bintulu LNG Complex in Sarawak; Source: Petronas
Exploration & Production

With power loss incident sorted out, giant Asian LNG project back in operation

Following a power loss incident, Petronas has brought back online its flagship LNG complex at Bintulu, East Malaysia.

about 2 years ago
Illustration; Courtesy of Shell
Exploration & Production

Shell takes stock of its net zero journey fueled by $5.6 billion investment in 2023

Shell has funneled $5.6 billion into its energy transition agenda last year while continuing to bankroll oil and gas projects.

about 2 years ago
Coral-Sul FLNG; Source: Eni
Exploration & Production

ADNOC widens its global LNG arsenal by joining Eni’s Coral Sul FLNG project

ADNOC is burning the midnight oil to enlarge its liquefied natural gas (LNG) portfolio, as illustrated by its deal with Galp.

about 2 years ago
Deepsea Aberdeen rig; Source: Odfjell Drilling
Exploration & Production

Odfjell Drilling rig staying in Norway until Q3 2026 with eight new wells added to backlog

Equinor has prolonged the assignment of an Odfjell Drilling-owned semi-submersible rig by adding more wells to the rig’s backlog.

about 2 years ago
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