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Exploration & Production

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Illustration; Source: Remote Medical International (RMI)
Exploration & Production

Pursuing stable energy supplies by preventing and curtailing offshore incidents

What should organisations and energy players do to prevent offshore accidents to ensure the security and stability of the energy supply?

about 3 years ago
Plug Power sees record production of PEM electrolyser stacks in Q1 2023
Exploration & Production

Plug Power sees record production of PEM electrolyser stacks in Q1 2023

Plug Power, a provider of turnkey hydrogen solutions for the global green hydrogen economy, has manufactured 122 MW of its 1 MW electrolyser stack platform in Q1 2023, which, according to Plug, is an all-time high for the company and the industry for PEM electrolysers. Additionally, Plug said it shi

about 3 years ago
Energy Industries Council (EIC)
Exploration & Production

UK turns to renewables and low-carbon power to bolster energy security

The UK is pivoting towards renewable and low-carbon energy in a push to strengthen energy security, says the Energy Industries Council (EIC).

about 3 years ago
Corrib gas field; Source: Vermilion Energy
Exploration & Production

Canadian player wraps up acquisition of additional stake in gas field off Ireland

Vermilion has closed the acquisition of Equinor’s subsidiary in Ireland, increasing its operated interest in a natural gas field off Ireland.

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

Equinor gets clearance to spin the drill bit at North Sea prospect

Equinor has secured a drilling permit from the country’s authorities for two wells in the North Sea off Norway.

about 3 years ago
Polaris drillship; Source: Aquadrill
Exploration & Production

With Aquadrill acquisition in the bag, Seadrill expands its rig fleet

Offshore drilling contractor Seadrill has completed the acquisition of Aquadrill, formerly known as Seadrill Partners.

about 3 years ago
Petrobras
Exploration & Production

With more natural gas on the agenda, Petrobras sets the wheels into motion to charter two FPSOs

Petrobras has kicked off the contracting process for the chartering of two FPSOs, which will be deployed at deepwater assets off Brazil.

about 3 years ago
Türkiye Petrolleri A.O. (TPAO)
Exploration & Production

Giant Black Sea project weeks away from first gas

Türkiye is putting the wheels into motion to achieve the first gas from a giant natural gas project in the Black Sea in less than three weeks.

about 3 years ago
Saipem 7000 semi-submersible crane vessel; Source: Saipem
Exploration & Production

Fresh batch of offshore contracts brings Saipem $650 million

Saipem has been awarded three new offshore EPCI contracts and two FEED competition deals, totalling approximately $650 million.

about 3 years ago
Transocean Enabler rig (for illustration purposes); Source: Transocean
Exploration & Production

U.S. offshore rig count comes to a standstill

Following slow and consistent growth for two weeks in a row, the number of offshore rigs in the U.S. remained flat last week.

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

Despite potential for more, Enauta keeps production at lower level from new well

Enauta has concluded the production ramp-up of the first well in its three-well drilling campaign at a field offshore Brazil.

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

Two FPSOs get more work in Nigeria and Ivory Coast

BW Offshore has secured short-term contract extensions for two FPSOs, working on fields located off Nigeria and the Ivory Coast, respectively.

about 3 years ago
Fast4Ward FPSO design; Source: SBM Offshore
Exploration & Production

SBM Offshore gets financing from 13 banks for largest Brazil-bound FPSO

SBM Offshore has completed the project financing of an FPSO, which is destined to work at the Búzios field off Brazil, for a total of $1.63 billion.

about 3 years ago
Norve jack-up rig; Source: Borr Drilling
Exploration & Production

Development project off Gabon days away from first oil

BW Energy has wrapped up the drilling and completion operations at the first well in in its multi-well drilling campaign offshore Gabon.

about 3 years ago
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