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Exploration & Production

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Illustration; Source: EIA
Exploration & Production

What impact will OPEC+ cuts have on global and US oil & gas production?

The EIA expects global oil production to be lower than anticipated after OPEC+ announced extension of its crude oil production cuts.

about 3 years ago
Jotun FPSO; Source: Vår Energi
Exploration & Production

Halliburton lands five-year deal for offshore drilling services

Haliburton has been picked by Vår Energi for a long-term strategic partnership, covering drilling services on the Norwegian Continental Shelf.

about 3 years ago
Illustration; Source: American Petroleum Institute (API)
Exploration & Production

Lack of policies in support of oil & gas risk killing America’s golden goose while renewables face similar permitting issues

America’s oil & gas and renewables are in need of encouraging policies to flourish and meet the increasing demand at home and abroad.

about 3 years ago
Alvheim FPSO; Source: Aker BP
Exploration & Production

Norway greenlights $700 million tie-back project in North Sea

Aker BP has received approval for a plan for development and operation (PDO) of its offshore tie-back project in the North Sea.

about 3 years ago
ADNOC
Exploration & Production

ADNOC doles out $975 million to unlock more hydrocarbons at Lower Zakum

ADNOC Offshore has awarded a $975 million artificial island construction contract to ADNOC L&S for the Lower Zakum field offshore Abu Dhabi.

about 3 years ago
Petrobras
Exploration & Production

Sale of 22 onshore and shallow water fields winds up as new operator takes the helm

Petrobras has wrapped up the sale of its interest in a cluster, encompassing a set of 22 concessions of onshore and shallow water fields.

about 3 years ago
Illustration - Equinor's Hywind Tampen wind farm in the North Sea; Source: Equinor
Exploration & Production

As calls for more UK-produced energy lock horns with outcries to ban new oil & gas, all roads lead to renewables

Renewables are seen as the UK’s road to net-zero, but many feel this should be a gradual shift in investment rather than casting new oil & gas aside right away.

12 minutes read
The FPSO Agogo, which is currently under conversion, is targeted for deployment in 2025; Source: Yinson
Exploration & Production

MAN furnishing FPSO destined for oilfield project off Angola with compressor trains

MAN Energy Solutions has been hired by Yinson to supply a total of 11 compressor trains for an FPSO, which will be deployed off Angola.

about 3 years ago
IOG's Southern North Sea well to come online this month
Exploration & Production

IOG’s Southern North Sea well to come online this month

UK-headquartered IOG plc is planning to bring the second Blythe production well on stream this month, despite losing 34 days to the well control event. In an update issued following well clean-up and testing operations that took place at the Blythe H2 well from 4 to 7 June, IOG plc revealed that the

about 3 years ago
Greater Buchan Area concept; Source: Jersey Oil & Gas
Exploration & Production

UK regulator gives its blessing for farm-out deal related to North Sea oil project

Jersey Oil & Gas has received approval from the NSTA for its sale of a partial stake in an asset on the UK Continental Shelf to NEO Energy.

about 3 years ago
ADNOC Drilling
Exploration & Production

ADNOC Drilling expands its offshore rig fleet with two more jack-ups

ADNOC Drilling is acquiring two new premium offshore jack-up drilling rigs, as part of its fast-tracked fleet expansion programme.

about 3 years ago
Gorgon; Source: Chevron
Exploration & Production

First gas uplifts Chevron’s Gorgon project to next level, setting the stage for more LNG exports

Chevron has achieved the first gas production from the Gorgon stage two development off the northwest coast of Western Australia.

about 3 years ago
The Valaris 8503 rig was used for Zama appraisal. Source: Talos Energy
Exploration & Production

Stamp of approval for huge oil field development plan lays the foundation for $4.5 billion investment

Mexico’s regulator has greenlighted a unit development plan (UDP), which Pemex submitted for a giant oil field offshore Mexico.

about 3 years ago
Valhall PWP-Fenris; Source: Aker BP
Exploration & Production

North Sea oil & gas projects with $14.9 billion investment tag inch closer to green light

Aker BP is one step closer to getting the final stamp of approval for the development of its oil & gas projects in the North Sea off Norway.

about 3 years ago
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