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Exploration & Production

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Illustration; Source: Woodside
Exploration & Production

Court case ends in settlement with Woodside and Greenpeace agreeing to foot their own bills

Australian energy giant Woodside and Greenpeace Australia Pacific (GAP), an independent campaigning organization, have reached a settlement in an emissions lawsuit, which has now been dismissed in the Federal Court of Australia.

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

EU’s 20th sanctions batch tightens grip on Russia’s oil, gas, LNG and shadow fleet spheres with 632 vessels blacklisted

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As the European Union (EU) continues to take steps to constrain Russia’s revenue streams and energy export capacity to bring the Ukraine crisis to an end, it has rubber-stamped a new raft of sanctions against the country, expanding its crackdown on the Russian energy industry and widening the net ar

about 5 months ago
Illustration; Source: Brava Energia
Exploration & Production

Ecopetrol widens presence on Brazil’s oil & gas scene with stake in Brava Energia

Colombia’s state-owned oil and gas company Ecopetrol has taken a step to expand its footprint in Brazil’s energy landscape with a move that will enable it to get an equity interest in the country’s oil and gas player Brava Energia.

about 5 months ago
Firm selected to decommission wells at North Sea field inaugurated in 1975
Exploration & Production

Firm selected to decommission wells at North Sea field inaugurated in 1975

Aberdeen-based decommissioning services provider Well-Safe Solutions has secured a multi-year contract with Apache North Sea Limited to decommission its platform wells and subsea wells in the Forties Field in the North Sea, inaugurated in 1975. Well-Safe Solutions will lead the contract across all w

about 5 months ago
West Neptune drillship; Source: Seadrill
Exploration & Production

Two deals for ultra-deepwater drillships add $260M to Seadrill’s backlog

Bermuda-headquartered offshore drilling contractor Seadrill and U.S.-headquartered LLOG Exploration Company (LLOG), a subsidiary of London-listed oil & gas company Harbour Energy, have expanded their more than decade-long collaboration with contract awards for two ultra-deepwater drillships. The Wes

about 5 months ago
Norway: Dry well in license awarded in 1985
Exploration & Production

Norway: Dry well in license awarded in 1985

Norway’s state-owned energy firm Equinor and its partners have drilled a dry well off Norway in the North Sea, in a production license awarded in August 1985. Following the drilling permit awarded in January, the wildcat well 34/8-A-37 H was drilled in production licence 120, 140 kilometers west of

about 5 months ago
Valeura charters Shelf Drilling’s 19-year-old rig
Exploration & Production

Valeura charters Shelf Drilling’s 19-year-old rig

Canadian oil & gas company Valeura Energy has chartered a jack-up drilling rig owned by UAE-based Shelf Drilling for multi-year work in the Gulf of Thailand. The Enterprise jack-up rig has been chartered for a three-year term which runs until December 31, 2029. Valeura Energy has an option on the st

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

ExxonMobil reaffirms trust in Saipem with eighth contract offshore Guyana

Italian engineering, drilling, and construction services giant Saipem has secured a new offshore contract with ExxonMobil in Guyana, covering the operator’s eighth oil discovery in the Stabroek block. Worth around $150 million, ExxonMobil Guyana Limited awarded Saipem with a limited notice to procee

about 5 months ago
Jangkrik-01; Source: Eni
Exploration & Production

Huge gas discovery surfaces in Southeast Asian waters

Italy’s energy giant Eni has unveiled a new natural gas discovery off the coast of Indonesia, Southeast Asia. This find is said to confirm the strategic potential of the country’s Kutei Basin, unlocking significant new volumes for domestic and international markets.

about 5 months ago
Hondo platform; Source: Sable Offshore
Exploration & Production

Third oil platform offshore California coming online in June

Sable Offshore, a Texas-headquartered oil and gas company, has confirmed the timeline for the restart of production from its third platform off the coast of California.

about 5 months ago
Illustration; Source: Jadestone Energy
Exploration & Production

Gas sales pact paves the way for Jadestone’s Southeast Asian offshore project

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has sealed a deal with PV Gas, a subsidiary of Vietnam’s state-owned national energy group Petrovietnam. This unlocks the doors for the development of gas discoveries off the coast of Vietnam, Southeast Asia.

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

Petrobras enriches oil & gas arsenal with African offshore block

Brazil’s state-owned energy giant Petrobras has expanded its oil and gas portfolio with a new exploration block off the coast of São Tomé and Príncipe, Africa.

about 5 months ago
Deepwater Asgard drillship; Source: Transocean
Exploration & Production

Transocean scores 390-day Mediterranean Sea job for 2014-built drillship

Switzerland-based offshore drilling contractor Transocean has won a multimillion-dollar assignment for one of its ultra-deepwater drillships in the Eastern Mediterranean Sea.

about 5 months ago
Shelf Drilling Scepter rig; Source: Shelf Drilling
Exploration & Production

ADES gets hold of three new jack-up jobs and rig deal extension in Nigeria

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has obtained multi-year assignments for three premium jack-up rigs and a contract extension for one drilling unit off the coast of Nigeria.

about 5 months ago