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Exploration & Production

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Business & FinanceBusiness Developments & ProjectsProject & TendersAuthorities & GovernmentEnvironmentRegulation & PolicyOperations & MaintenanceOutlook & StrategyCarbon Capture Usage & StorageTransitionCollaborationVessels
Hercules rig; Source: Odfjell Drilling
Exploration & Production

Semi-sub rig booked for drilling gig off Namibia

Galp has hired a semi-submersible rig, owned by SFL Corporation (SFL) and managed by Odfjell Drilling, for a drilling campaign off Namibia.

about 3 years ago
FPSO Liza Destiny operating off Guyana; Source: ExxonMobil
Exploration & Production

ExxonMobil’s first development off Guyana found to be in breach of oil spill insurance obligations

A Guyanese court recently ruled that ExxonMobil is in breach of oil spill insurance obligations for its first oil project located off Guyana.

about 3 years ago
Cambo FPSO design; Source: Sevan SSP
Exploration & Production

Shell inks deal with Ithaca to offload its stake in UK’s ‘second largest undeveloped field’

Shell has signed an agreement with Ithaca Energy, defining a marketing process for its interest in the controversial Cambo development.

about 3 years ago
FDS2 vessel; Source: Saipem
Exploration & Production

Green light for Saipem to move ahead with work on ExxonMobil’s fifth oil development off Guyana

Saipem has been given the go-ahead to proceed with the final phase of ExxonMobil’s recently sanctioned $12.7 billion oil project off Guyana.

about 3 years ago
Noble Don Taylor drillship; Source: Noble Corporation
Exploration & Production

With $1.1 billion in the bag, Noble looks forward to reaping further benefits of tightening rig market

Noble has won new contracts and extensions for multiple rigs in Guyana, Colombia, the U.S. Gulf of Mexico, and offshore Sarawak, Malaysia.

about 3 years ago
Infinium produces ton of CO2 conversion catalyst
Exploration & Production

Infinium produces ton of CO2 conversion catalyst

Electrofuels provider Infinium has manufactured a ton of its proprietary, patented CO2 conversion catalyst at its facility in West Sacramento, California, US. According to Infinium, its catalyst is a critical component in the creation of electrofuels (eFuels), a new class of synthetic fuels that rep

about 3 years ago
Maersk Discoverer rig (now Noble Discoverer); Source: Maersk Drilling
Exploration & Production

Noble rig hits oil-bearing intervals off Guyana and JV partners hike up cost estimates to finish drilling ops

CGX Energy and Frontera have revised the total cost estimate for an exploration well, which recently found oil-bearing intervals off Guyana.

about 3 years ago
Likouf FPU at Moho Nord; Source: TotalEnergies
Exploration & Production

TotalEnergies hires Aker Solutions for ‘largest oil project ever undertaken’ in Congo

Aker Solutions has secured a deal with TotalEnergies for work on three additional infill wells tied back to an oil field offshore Congo.

about 3 years ago
Deepsea Aberdeen rig; Source: Odfjell Drilling
Exploration & Production

Two Odfjell Drilling rigs get more work

Equinor has exercised options to drill additional wells with two Odfjell Drilling-owned rigs, extending the rigs’ backlog further.

about 3 years ago
Argos semi-submersible offshore platform in the U.S. Gulf of Mexico; Source: BP
Exploration & Production

U.S. and European giants deliver ‘excellent’ results despite the downturn in oil & gas prices

BP, TotalEnergies, Eni, ExxonMobil and Chevron have revealed strong operating and financial performance in the first quarter of 2023.

18 minutes read
Illustration; Source: Conrad Asia Energy
Exploration & Production

Conrad divesting partial stake in Indonesian field as gas sales agreement enters ‘crucial final stage’

Conrad has set the wheels into motion to farm down a portion of its interest in the Duyung PSC, containing a gas field off Indonesia.

about 3 years ago
Illustration; Credit: Clyde Thomas/Longboat Energy
Exploration & Production

Longboat and Japan’s JAPEX set on creating ‘leading Norwegian-focussed independent’

Longboat Energy is putting the wheels into motion to form a joint venture (JV) with Japan Petroleum Exploration Co., Ltd (JAPEX).

about 3 years ago
Hapag-Lloyd
Exploration & Production

Fratelli Cosulich completes its first biofuel supply

Italian maritime transportation group Fratelli Cosulich, in partnership with IPLOM (Piedmont Industry Processing Mineral Oils), has begun producing and supplying its own bio VLSFO to reduce the GHG intensity of marine fuels and meet the EU requirements. Fratelli delivered bio VLSFO in collaboration

about 3 years ago
Stena Don rig was used to drill the latest well on the Anchois gas development project; Source: Stena Drilling
Exploration & Production

Two players forging ties to establish gas-to-industry business in Morocco

Africa-focused Chariot has joined forces with Vivo Energy to develop the gas-to-industry market in Morocco.

about 3 years ago
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