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Exploration & Production

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1990-built FPSO to keep working offshore Vietnam until end of 2027
Exploration & Production

1990-built FPSO to keep working in Vietnam until end of 2027

A joint venture (JV) company of Malaysia’s MISC Group and Vietnamese PetroVietnam Technical Services Corporation (PTSC) has secured a contract that will keep a 1990-built floating production, storage, and offloading (FPSO) vessel working in Vietnam. The contract awarded to Vietnam Offshore Floating

about 5 months ago
Equinor, Petoro and OMV get lucky in waters off Bergen
Exploration & Production

Equinor, Petoro and OMV get lucky in waters off Bergen

Equinor and its partners Petoro and OMV have made an oil & gas discovery some 190 kilometers northwest of Bergen, in Norway, marking the first exploration well drilled in the production license. Wildcat wells 33/12-N-3 HH and 33/12-N-3 GH were drilled in the Granat prospect near Gullfaks, in connect

about 5 months ago
Illustration; Source: Türkiye Petrolleri A.O. (TPAO)
Exploration & Production

BP and TPAO seal oil & gas cooperation pact

UK-headquartered energy giant BP has struck a deal with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to pool resources in the oil and gas exploration and production arena.

about 5 months ago
Illustration; Source: Petronas
Exploration & Production

Petronas enlarges oil & gas portfolio with block offshore Oman

PC Oman Ventures Ltd (PCOVL), a wholly-owned subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, has signed up for oil and gas exploration in a block off the coast of the Sultanate of Oman through a deal with the country’s government and OQ Exploration and Production Batinah Offsh

about 5 months ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Exploration & Production

Go-ahead for Equinor to use 2016-built rig at North Sea field

Norway’s state-owned energy giant Equinor has received clearance to deploy a ten-year-old jack-up rig at its offshore field on the Norwegian Continental Shelf (NCS).

about 5 months ago
Rendering of Argentina LNG project; Source: YPF
Exploration & Production

ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande

about 5 months ago
Illustration; Source: SLB
Exploration & Production

SLB lines up offshore drilling work on Asian deepwater gas project

U.S.-headquartered technology player SLB has landed multiple deals for offshore drilling services at a gas development off the coast of Indonesia with the UAE-based Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi.

about 5 months ago
Ammonia FPSO concept; Source: BW Offshore
Exploration & Production

WATCH: McDermott and BW Offshore lift the curtain on floating blue ammonia FPSO model

McDermott and BW Offshore have unveiled a concept for a blue ammonia floating production, storage, and offloading (FPSO) unit that blends offshore production, carbon capture, and direct export, spotlighting the way in which surplus natural gas could be converted into a lower-carbon fuel and brought

about 5 months ago
Exploration license offshore Libya; Source: QatarEnergy
Exploration & Production

Eni and QatarEnergy pick up exploration license in North Africa

Italy’s energy giant Eni and Qatar’s state-owned oil and gas giant QatarEnergy have won an offshore exploration license off the coast of Libya, North Africa.

about 5 months ago
Ringhorne; Credit: Øyvind Sætre/Vår Energi
Exploration & Production

North Sea hydrocarbon drilling ops hit a dead end

Norway’s oil and gas player Vår Energi and its partner, Kistos Energy, have drilled an exploration well in the Norwegian sector of the North Sea, which yielded no commercial hydrocarbons.

about 5 months ago
FPSO P-79 is the eight of the 12 units planned for installation in the Búzios field and joins the seven others already in operation; Source: Petrobras
Exploration & Production

Petrobras’ largest-producing oil & gas field richer for another FPSO

Brazilian state-owned energy heavyweight Petrobras has welcomed the arrival of the eight floating production storage and offloading (FPSO) vessel, which will work at a field in the Santos Basin off the coast of Brazil.

about 5 months ago
Transocean Enabler rig at sea
Exploration & Production

Transocean rig duo staying longer on drilling gigs in Norwegian waters

Switzerland-based offshore drilling contractor Transocean has picked up multimillion-dollar extensions for two of its harsh environment semi-submersible rigs deployed off the coast of Norway.

about 5 months ago
LLOG's FPU Salamanca; Source: Tampnet
Exploration & Production

New player enters US Gulf oil & gas playground with $3.2B LLOG buy

London-listed oil and gas company Harbour Energy has brought into its fold the U.S.-headquartered LLOG Exploration Company (LLOG), marking its strategic entry into the deepwater U.S. Gulf of America (the U.S. Gulf of Mexico).

about 5 months ago
A North Sea platform
Exploration & Production

Europe’s gas goes green: North Sea offshore wind-powered project earns top methane rating

Marking a new era for low-methane gas in Europe, a Dutch-German gas development, which runs on offshore wind energy, has become the first natural gas production project in the North Sea to be independently certified as meeting the highest grade under MiQ’s methane emissions standard.

about 5 months ago
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