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Exploration & Production

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Business & FinanceBusiness Developments & ProjectsProject & TendersAuthorities & GovernmentEnvironmentMarket OutlooksOutlook & StrategyRegulation & PolicyRules & RegulationTransitionEquipmentSafety
Valaris 118, formerly known as Joe Douglas; Source: BP
Exploration & Production

Valaris builds on ‘contracting success’ from 2022 with new floater and jack-up deals in 2023

Valaris has revealed a robust performance during 4Q 2022 while kicking off 2023 with new contracts and extensions for its rig fleet.

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Exploration & Production

IEA: Fraction of bumper profits during 2022 can slash oil & gas sector’s methane emissions

Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA.

about 3 years ago
West Tellus drillship; Source: Seadrill
Exploration & Production

Seadrill drillship starts work off Brazil

Seadrill has confirmed that one of its drillships kicked off its assignment at a field offshore Brazil with the country’s oil and gas giant, Petrobras.

about 3 years ago
Seismic surveys for gas exploration offshore Greece reach finish line
Exploration & Production

Seismic surveys for gas exploration offshore Greece reach finish line

A survey campaign exploring potential natural gas deposits has been completed over two areas in Greece’s exclusive economic zone (EEZ) in which ExxonMobil and Helleniq Energy hold licenses. Norway’s PGS carried out the 2D seismic surveys at the offshore areas deemed as West and Southwest of Crete. T

about 3 years ago
Illustration; Source: NPD; Credit: Morten Berentsen
Exploration & Production

Norway sees lower oil and higher gas output in January

Norway’s oil & gas output in January 2023 is lower than in December 2022, but the gas production is still higher than last year and NPD’s predictions.

about 3 years ago
U.S. Bureau of Safety and Environmental Enforcement (BSEE)
Exploration & Production

Following offshore worker’s injury in Gulf of Mexico, BSEE sets forth five recommendations

BSEE has outlined five recommendations for oil and gas operators that could assist in avoiding potential incidents on the Outer Continental Shelf (OCS).

about 3 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Exploration & Production

Norwegian oil & gas firm all set to spud North Sea wildcat

Wellesley Petroleum has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 3 years ago
Scarabeo 8 rig; Source: Saipem
Exploration & Production

Aker BP gets all-clear to drill North Sea prospect with Saipem rig

Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 3 years ago
TechnipFMC scores another contract with TotalEnergies in Angola
Exploration & Production

TechnipFMC scores another contract with TotalEnergies in Angola

TechnipFMC has secured a “significant” contract with TotalEnergies EP Angola for the supply of flexible pipe and associated hardware for a life extension project. The contract covers the engineering, procurement, and supply of flowlines and connectors for the Girassol Life Extension project (GIRLIFE

about 3 years ago
Triton FPSO; Source: Tailwind
Exploration & Production

UK player brings online tie-back to North Sea FPSO

Tailwind Energy has started production from a well in the UK Central North Sea, which has been tied back to the Triton FPSO.

about 3 years ago
Zentech
Exploration & Production

U.S. player gets work on rig conversion project covering three jack-ups

New Fortress Energy (NFE) has awarded an engineering and project management contract for the conversion of three jack-up rigs to Zentech.

about 3 years ago
Noble Developer rig; Source: Noble
Exploration & Production

As first well hits net oil-bearing pay off Brazil, second one gets the go-ahead

Karoon Energy has decided to drill the second well within an existing oil discovery off Brazil, following confirmation of net oil-bearing pay at the first well.

about 3 years ago
Africa Oil Corp.
Exploration & Production

Two ‘highly-prospective’ offshore blocks open doors to Equatorial Guinea for Canadian player

Africa Oil Corp. has entered into Equatorial Guinea, thanks to the inking of two production sharing contracts (PSCs) for two offshore blocks.

about 3 years ago
Caspian Explorer drilling vessel Source Caspian Sunrise
Exploration & Production

Drilling vessel gets new gig in Caspian Sea

Caspian Sunrise has won a new deal for the Caspian Explorer drilling vessel, enabling it to carry out work in the Caspian Sea.

about 3 years ago
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