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Exploration & Production

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OMV strikes oil in Norwegian North Sea
Exploration & Production

OMV strikes oil in Norwegian North Sea

OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has made an oil discovery near the Gudurun field in the Norwegian part of the North Sea. The Norwegian Petroleum Directorate (NPD) reported today, 20 April, that OMV Norge, operator of the production license 817, had completed the drillin

about 3 years ago
Good news for Panoro Energy offshore Equatorial Guinea
Exploration & Production

Good news for Panoro Energy offshore Equatorial Guinea

London-based independent E&P company Panoro Energy has received all necessary approvals allowing for the completion of its farm-in to the Kosmos Energy-operated Block S offshore Equatorial Guinea. Panoro has acquired a 6 per cent participating interest in Block S from each of Kosmos Energy and Tride

about 3 years ago
Transocean Norge rig; Source: Transocean
Exploration & Production

Rig deals lift Transocean’s total backlog to $8.6 billion

Transocean has tucked under its belt new contracts and extensions in Norway and Australia for four rigs in its drilling fleet, raising its total contract backlog to $8.6 billion.

about 3 years ago
Wood Mackenzie
Exploration & Production

With $185 bln of total investment on the table, WoodMac expects more oil & gas FIDs in 2023

Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.

about 3 years ago
Balder FPU; Source: Mime Petroleum
Exploration & Production

As windfall taxes make things ‘difficult’ in UK and Dutch sectors, Kistos knocks on Norway’s door with new acquisition

Kistos is entering into the Norwegian Continental Shelf, after reaching a conditional agreement to acquire Norway’s Mime Petroleum.

about 3 years ago
Illustration; Source: Equinor
Exploration & Production

Norway’s March output brings more oil but less gas

Even though Norway recorded an increase in oil production in all segments in March 2023, the gas production is below the NPD’s predictions.

about 3 years ago
FPSO Haewene Brim; Source: Bluewater
Exploration & Production

Shell brings North Sea field back online, as FPSO revamp enables gas production alongside oil

Shell has completed the restart of operations at a field in the UK North Sea, after ensuring gas will be produced along with oil.

about 3 years ago
FPSO Petrojarl I; Source: Altera Infrastructure
Exploration & Production

Brazilian well goes back on stream

Brazilian oil and gas player Enauta has restarted production from a well located on a field offshore Brazil.

about 3 years ago
Transocean Norge; Source: Transocean
Exploration & Production

Wintershall Dea gets nod to spin the drill bit in Norwegian Sea

Wintershall Dea has received consent from the country’s offshore safety regulator for exploration drilling in the Norwegian Sea.

about 3 years ago
Shelf Drilling’s Shelf Perseverance jack-up rig; Source: IOG
Exploration & Production

Potential delay on the cards for completion of drilling ops at UK North Sea well

IOG plc has encountered a challenge that could extend its previous drilling duration timeline for the second Blythe production well.

about 3 years ago
North Sea Transition Authority (NSTA)
Exploration & Production

UK awards storage licence for depleted gas field in East Irish Sea

dCarbonX has been awarded a gas storage licence in the East Irish Sea by the UK’s regulator, North Sea Transition Authority (NSTA).

about 3 years ago
West Eclipse (for illustration purposes); Source: Seadrill
Exploration & Production

U.S. picks up the pace to boost offshore rig count

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States upped the ante last week.

about 3 years ago
ADNOC buying stake in Austrian oil and gas firm
Exploration & Production

ADNOC to strengthen clean fuels value chain between UAE and Japan

Abu Dhabi National Oil Company (ADNOC) has signed two agreements with Japanese partners to boost the clean fuels value chain between the UAE and Japan. ADNOC said the first agreement, with the Kawasaki company, aims to explore the production, liquefaction, and transportation of hydrogen to key globa

about 3 years ago
Abo FPSO; Source: BW Offshore
Exploration & Production

BW Offshore FPSO staying longer in Nigeria

Eni has handed out another short-term contract extension to BW Offshore for one of its FPSOs, which is working on a field off Nigeria.

about 3 years ago
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