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Exploration & Production

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Argos platform in the Gulf of Mexico; Source: BP
Exploration & Production

BP’s profit cut in half but $13.8 billion still cinched in 2023

Despite a 50% fall in profit on a year-over-year basis, BP still reported a solid overall operational and financial performance during 2023.

about 2 years ago
Valaris DPS-1 rig; Source: Valaris
Exploration & Production

Valaris rig kicks off drilling ops at Woodside’s gas field off Australia

Valaris has confirmed the spudding of the first well in an eight-well campaign, which is being undertaken by one of its semi-submersible rigs.

about 2 years ago
Aras Driller jack-up rig; Source: Ocean Oilfield
Exploration & Production

1979-built jack-up rig wraps up its assignment off UAE

Ocean Oilfield Integrated Solutions has confirmed the completion of a plug & abandonment program, which one of its jack-up rigs carried out at an offshore field in the UAE for Atlantis (UAQ) Limited.

about 2 years ago
Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Exploration & Production

International offshore rig count activity gets a boost in January

Baker Hughes’ rig count report shows that more than one rig joined the working international offshore fleet in January 2024.

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

Shell takes Valaris jack-up rig for upcoming North Sea drilling ops

Shell has hired a heavy-duty jack-up rig from Valaris, an offshore drilling contractor, for a two-well drilling campaign in 2024.

about 2 years ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Exploration & Production

Drilling program and well intervention campaign on Serica’s 2024 agenda in North Sea

Serica Energy is preparing to kick off its four-well drilling campaign and work-over program in the UK sector of the North Sea.

about 2 years ago
Transocean Norge; Source: Transocean
Exploration & Production

Wintershall Dea’s drilling ops with Transocean rig cleared for take-off

Wintershall Dea has secured a green light for the drilling of four wells in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.

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

CNOOC brings online China’s ‘largest’ offshore oilfield secondary development and adjustment project

CNOOC Limited has kicked off production from an oilfield secondary adjustment and development project, which is located in Liaodong Bay of Bohai Sea.

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

As ink dries on another collaboration deal, PTTEP going in hot pursuit of CCS tech advancement

PTTEP has inked a memorandum of understanding (MoU) with Mahidol University, which will enable it to bolster CCS technology in Thailand.

about 2 years ago
FPSO Prosperity works at Payara, Guyana’s third offshore oil development on the Stabroek Block; Source: ExxonMobil
Exploration & Production

ExxonMobil and Chevron amass over $57 billion in profits during 2023 while new acquisitions fuel portfolio growth

ExxonMobil and Chevron have raked in huge profits over the course of the past year, recording $36 billion and $21.37 billion, respectively.

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

McDermott confirms pair of new deals for work on Qatar’s largest oil field

McDermott has corroborated the award of two EPCIC contracts for the development of the next phase of the largest oil field offshore Qatar.

about 2 years ago
Map indicating a potential preferred area for a 50MW PV farm with corresponding cable route to Delimara Power Station
Exploration & Production

Potential site identified for Malta’s first grid-connected floating solar project

A site located within Malta’s territorial waters has been identified as the potential location for the country’s first grid-connected floating solar project, Maltese Minister for Environment, Energy and Enterprise Miriam Dalli announced. A preliminary market consultation (PMC) has been launched to a

about 2 years ago
Titania jack-up rig; Source: Paratus
Exploration & Production

New multi-million drilling gig keeps jack-up rig busy off Mexico

SeaMex, a subsidiary of Paratus Energy Services Limited, has won a new drilling assignment for one of its jack-ups offshore Mexico.

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

TotalEnergies to splash out $903 million on its gas footprint expansion off Malaysia

TotalEnergies has set the wheels into motion to enrich its overall gas portfolio with more assets offshore Malaysia.

about 2 years ago
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