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Exploration & Production

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Clair Ridge platform; Source: BP
Exploration & Production

Offshore drillers embarking on strike action at BP’s two platforms in UK waters

UK’s Unite the union has confirmed that nearly 100 Odfjell offshore drillers have backed strike action in a dispute over rotas and pay.

about 3 years ago
Transocean Barents semi-submersible rig; Source: Transocean
Exploration & Production

Transocean strikes multiple rig deals with total backlog of $1.9 billion

Transocean has secured new contracts and extensions in the U.S. Gulf of Mexico, North Sea, Suriname and Brazil for nine rigs in its offshore fleet.

about 3 years ago
Rig 141; Source: Shelf Drilling
Exploration & Production

More time for Shelf Drilling’s jack-up rig off Egypt

UAE-headquartered offshore drilling contractor Shelf Drilling has secured a contract extension for one of its jack-up rigs for operations offshore Egypt.

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

New oil discovery in North Sea ‘not profitable’ at this moment in time

Norwegian oil and gas player Aker BP has made a new oil discovery in the North Sea off Norway, using a Saipem-owned rig.

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

Green light for Norwegian oil & gas player to spin the drill bit at North Sea prospect

Wellesley Petroleum has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea.

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

Shell says derivative action attempt against its board over climate risk has ‘no merit’

With legal action over climate risk looming on the horizon, Shell denies allegations made against its board, vowing to oppose the derivate claim application.

about 3 years ago
Equinor
Exploration & Production

While contributing to Europe’s energy security, Equinor rakes in all-time high profits

Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand.

about 3 years ago
Noble Valiant drillship; Source: Noble Corp
Exploration & Production

TotalEnergies racks up ‘substantial resources’ for potential oil development off Suriname

TotalEnergies has completed the drilling and a flow test at an appraisal well in Block 58 offshore Suriname, encountering oil and adding additional resource potential towards establishing a black oil development hub.

about 3 years ago
Transocean Enabler rig; Photo: Transocean
Exploration & Production

Fresh oil discovery in Barents Sea

Norwegian oil and gas player Vår Energi has made a new oil discovery in the Barents Sea off Norway, using a Transocean-owned rig.

about 3 years ago
Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Exploration & Production

New oil & gas discovery in North Sea with tie-back on the horizon

Norwegian state-owned energy giant Equinor has made a new commercial oil and gas discovery in the North Sea off Norway, using a Transocean-owned rig.

about 3 years ago
TotalEnergies
Exploration & Production

2022: a banner year for TotalEnergies’profit with LNG as a trump card for further growth

After boosting its annual profits in 2022, TotalEnergies plans to strengthen its position in Europe by pursuing further LNG growth.

about 3 years ago
Masdar and Verbund ally on hydrogen production
Exploration & Production

Masdar and Verbund ally on hydrogen production

Abu Dhabi-based clean energy company Masdar and Austria’s energy utility company Verbund have signed a Memorandum of Understanding (MoU) to explore the production of green hydrogen for the Central Europe market. As per the agreement, the two companies will cooperate on developing pathways to produce

about 3 years ago
FPSO Montara Venture; Source: Jadestone Energy
Exploration & Production

As FPSO repairs near completion, Australian field still on track to come back online this month

With the closing of the general direction for the project, Singapore’s Jadestone Energy has made a significant step towards wrapping up the remaining works for an FPSO operating on a field in the Timor Sea off Australia and restarting production from this field later this month.

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

Seadrill drillship kicks off its gig off Brazil

Seadrill has revealed that one of its drillships embarked on its assignment at a field offshore Brazil with the country’s oil and gas giant Petrobras.

about 3 years ago
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