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Exploration & Production

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Wheels in motion to pick rig for drilling in Mediterranean waters
Exploration & Production

Wheels in motion to pick rig for drilling in Mediterranean waters

TotalEnergies and Eni have embarked on a rig selection process for exploration activities in a block located in the Lebanese waters.

about 3 years ago
14 shallow and deepwater blocks up for grabs in Guyana’s first offshore oil & gas licensing round
Exploration & Production

14 blocks up for grabs in Guyana’s first offshore oil & gas licensing round

The Guyana 2022 licensing round has been launched, offering 14 blocks for bids in the shallow and deepwater areas.

about 3 years ago
Malaysian player secures work on solar-powered platform destined for Shell’s gas project
Exploration & Production

Malaysian player secures work on solar-powered platform destined for Shell’s gas project

Perunding Ranhill Worley has won a deal for a platform, which will be deployed at Shell’s gas project off Malaysia.

about 3 years ago
In focus: Gas still runs the show but bets on hydrogen threaten to steal it
Exploration & Production

In focus: Gas still runs the show but bets on hydrogen threaten to steal it

Will the increase in investments enable hydrogen to dethrone gas as the key player in the energy decarbonisation game?

about 3 years ago
ExxonMobil earmarks $17 bln to step up lower-emission efforts over next five years
Exploration & Production

ExxonMobil earmarks $17 bln to step up lower-emission efforts over next five years

ExxonMobil has hammered out its five-year corporate plan, ramping up its spending to $17 billion on GHG emission-reduction projects.

about 3 years ago
Report: Gas price caps could put exploration investments and energy security at risk
Exploration & Production

Report: Gas price caps could put exploration investments and energy security at risk

Gas price caps would decrease the incentive for exploration in Australia and risk security of long-term supply, says report.

about 3 years ago
Is gas greener than oil in terms of emissions?
Exploration & Production

Is gas greener than oil in terms of emissions?

While pondering whether gas is the green choice to bolster decarbonisation, Wood Mackenzie has been reviewing Scope 1, 2 and 3 emissions.

about 3 years ago
Guyana partners wrap up deal to fund upcoming exploration well
Exploration & Production

Guyana partners wrap up deal to fund upcoming exploration well

Partners in the Corentyne block offshore Guyana have completed the previously announced agreement for the block.

about 3 years ago
WATCH: Shell’s giant new FPSO sets off to North Sea on board Boskalis vessel
Exploration & Production

WATCH: Shell’s giant new FPSO sets off to North Sea on board Boskalis vessel

With construction done, the FPSO destined for Shell’s oil & gas project off the UK is now on its way to the North Sea.

about 3 years ago
New jobs for Transocean drillships rake in $1.04 billion
Exploration & Production

Transocean drillships rake in $1.04 bln thanks to new gigs

Transocean has won new long-term contracts for two of its ultra-deepwater drillships, adding around $1.04 billion to its backlog.

about 3 years ago
Third Prosafe unit wins assignment in Brazil
Exploration & Production

Third Prosafe unit wins assignment in Brazil

Prosafe has been awarded a contract for the provision of the Safe Zephyrus vessel for safety and maintenance support off Brazil.

about 3 years ago
Shelf Drilling finds work for two jack-up rigs in Italy
Exploration & Production

Shelf Drilling finds work for two jack-up rigs in Italy

Shelf Drilling has secured long-term deals for two jack-up rigs with Italy’s energy giant Eni for operations in the Adriatic Sea off Italy.

about 3 years ago
Pay dispute escalates as North Sea workers resort to strike action on multiple oil & gas platforms
Exploration & Production

Pay dispute escalates as North Sea workers resort to strike action on multiple oil & gas platforms

UK’s Unite the union has confirmed that hundreds of offshore workers have decided to down their tools and take industrial action.

about 3 years ago
Recent oil discovery off Congo seen as ‘potential play opener’
Exploration & Production

Recent oil discovery off Congo seen as ‘potential play opener’

Perenco has made an oil discovery in an exploration well located in the shallow water Pointe Noire Grand Fond (PNGF) Sud license off Congo.

about 3 years ago
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