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Exploration & Production

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Panoro Energy
Exploration & Production

More offshore acreage for UK firm in Equatorial Guinea

Panoro Energy has expanded its portfolio offshore Equatorial Guinea, following the award of a stake and operatorship in offshore Block EG-01.

about 3 years ago
Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Exploration & Production

U.S. offshore rig count drops down a notch

Baker Hughes’ weekly rig count report has revealed that the number of offshore rigs in the U.S. slipped down one unit last week.

about 3 years ago
Vito platform in the U.S. Gulf of Mexico; Credit: Shell
Exploration & Production

First oil flows from Shell’s deepwater project in U.S. Gulf of Mexico

Shell has brought on stream a deepwater project in the U.S. Gulf of Mexico, which has estimated recoverable resources of around 290 mboe.

about 3 years ago
Deepwater Atlas drillship; Source: Transocean (video)
Exploration & Production

WATCH: Transocean crew talks about first 8th-gen drillship’s voyage from shipyard to ops in Gulf of Mexico

Transocean has posted a short video, featuring the rig crew from the world’s first eighth-generation drillship, which is working in the Gulf of Mexico.

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

Big oil to keep capital investment taps closed despite collecting $283 bln in 2022, says Westwood

Westwood looks into the conundrum concerning the cashflow and capex of five supermajors: BP, Shell, Chevron, ExxonMobil and TotalEnergies.

about 3 years ago
Ocean GreatWhite rig; Source: Stepwise
Exploration & Production

On a mission to curb rig emissions, Diamond Offshore joins forces with Norwegian firm

In a bid to reduce its carbon footprint and improve energy efficiency, Diamond Offshore, has teamed up with Norway’s Stepwise.

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

Warm weather brings down U.S. natural gas price forecast

The U.S. Energy Information Administration (EIA) has lowered the U.S. natural gas price forecast for this year.

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

Two shallow gas pilot holes on Aker BP’s drilling agenda in Norwegian Sea

Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the Norwegian Sea.

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

Aker BP getting ready to spud North Sea prospect with Saipem rig

Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.

about 3 years ago
Lhyfe obtains permit for second hydrogen production site in Brittany, France
Exploration & Production

Lhyfe obtains permit for second hydrogen production site in Brittany, France

French hydrogen producer Lhyfe has acquired the construction permit for its second green and renewable hydrogen production site in the Morbihan region of Brittany, France, and is about to begin preparatory construction work. Lhyfe will produce green and renewable, or in other words totally carbon-fr

about 3 years ago
T-15 tender assisted drilling barge; Source: Aquadrill
Exploration & Production

New job for Aquadrill rig

Offshore drilling contractor Aquadrill, formerly known as Seadrill Partners, has secured a new contract for one of its rigs offshore Thailand.

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

Despite traces of hydrocarbons, Equinor comes up dry in North Sea well

Norwegian state-owned energy giant Equinor has completed the drilling of an appraisal well in the North Sea but failed to find hydrocarbons.

about 3 years ago
Illustration; Source: Capricorn Energy
Exploration & Production

Capricorn – NewMed merger plans come to naught

UK-based Capricorn Energy has dropped the previously announced merger agreement with Israel’s NewMed Energy, following board changes.

about 3 years ago
Illustration; Source: Rystad Energy
Exploration & Production

Rystad: As decarbonisation kicks into high gear, peak in fossil fuel emissions anticipated by 2025

Rystad Energy, an energy intelligence group, predicts that fossil fuel emissions will peak within two years prior to fitting into the pattern of steady decline.

about 3 years ago
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