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Exploration & Production

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Heidrun field on Haltenbanken in the Norwegian Sea; Source: Harald Pettersen/Equinor
Exploration & Production

Equinor and Petoro swap assets in Norwegian waters

Equinor has struck a value-neutral asset swap deal with Petoro, a compatriot player, to harmonize equity interests on the Norwegian Continental Shelf (NCS).

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

Petronas takes steps to unlock more hydrocarbons in Indonesian waters

Petronas has penned a new production sharing contract (PSC) and prolonged an existing one off the coast of Indonesia to assist the country in bringing more hydrocarbons to the surface.

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

Petrobras sets its cap on 14 new FPSOs by 2028 but decarbonization bells and whistles are a must for all

Petrobras is laying the groundwork to put 14 new floating production, storage, and offloading (FPSO) vessels into production mode over the next five years.

about 2 years ago
Under 'significant' contract, TechnipFMC to deliver fully integrated project for Australian energy giant
Exploration & Production

Under ‘significant’ contract, TechnipFMC to deliver fully integrated project for Australian energy giant

Australian energy giant Woodside Energy has awarded TechnipFMC with an integrated engineering, procurement, construction, and installation (iEPCI) contract to support ongoing production from an LNG project in Australia. Under the contract described as “significant”, TechnipFMC will design, manufactu

about 2 years ago
Depsea Yantai rig; Source: Neptune Energy
Exploration & Production

Polish oil & gas firm gearing up for drilling ops offshore Norway

PGNiG Upstream Norway has received consent to deploy one of the Odfjell Drilling-managed rigs for exploration activities in the Norwegian Sea.

about 2 years ago
ADNOC Drilling
Exploration & Production

With $1.7 billion in the bag, ADNOC Drilling creates new player to drill 144 unconventional oil & gas wells

ADNOC Drilling has got a hold of a $1.7 billion contract to unlock the country’s unconventional oil and gas resources.

about 2 years ago
Illustration of an offshore wind platform collaborative with wave energy technology
Exploration & Production

€2.5M investment program open for testing marine renewable energy technologies

Energiaren Euskal Erakundea / Ente Vasco de la Energía (EVE) has promoted an investment support program for the demonstration and validation of emerging marine renewable energy technologies that is open for applications until June 19, 2024.

about 2 years ago
Deepwater Gunashli platform; Source: BP
Exploration & Production

BP restarts oil production at offshore platform in Azerbaijan ahead of schedule

BP has wrapped up planned maintenance works at one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaijan earlier than expected.

about 2 years ago
Cepsa selects electrolyzer supplier for its green hydrogen plant in Spain
Exploration & Production

Cepsa selects electrolyzer supplier for its green hydrogen plant in Spain

Cepsa has chosen thyssenkrupp nucera as the preferred supplier of a 300-megawatt (MW) electrolyzer for the company’s green hydrogen plant in Huelva, Spain.

about 2 years ago
West Capella drillship; Source: Mubadala Energy
Exploration & Production

Another offshore gas discovery pops up in Southeast Asia

Abu Dhabi-headquartered energy company Mubadala Energy has made a new gas discovery offshore North Sumatra, Indonesia.

about 2 years ago
Subsea7 and OneSubsea get more work for 'one of Türkiye's largest energy projects'
Exploration & Production

Subsea7 and OneSubsea get more work for ‘one of Türkiye’s largest energy projects’

Subsea Integration Alliance, a strategic alliance between OneSubsea and Subsea7, has secured a contract deemed as “large” with the Turkish Petroleum Offshore Technology Center (TP-OTC) for a natural gas project in the Black Sea in Türkiye. An initial contract was awarded in May 2023 to a consortium

about 2 years ago
Illustration; Source: The North Sea Transition Authority (NSTA)
Exploration & Production

North Sea oil & gas operators raise the decarbonization bar with potential investments of nearly $3.8 billion

North Sea Transition Authority has spotlighted up to £3 billion ($3.76 bln) of emissions reduction schemes proposed by North Sea companies.

about 2 years ago
Map showing two exploration blocks in Egypt; Source: QatarEnergy
Exploration & Production

ExxonMobil brings QatarEnergy on board as its new partner in two exploration blocks

QatarEnergy has sealed a deal with ExxonMobil, a U.S.-headquartered energy giant, to enter two exploration blocks off the coast of Egypt.

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

Shell places multi-million wager on hydrogen’s ability to decarbonize drillship and tanker ops

Shell has made a multi-million bet on a project testing hydrogen in diesel engines on marine vessels, such as drilling rigs and tankers, to curb greenhouse gas (GHG) emissions.

about 2 years ago
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