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Exploration & Production

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Business & FinanceBusiness Developments & ProjectsOutlook & StrategyProject & TendersVesselsAuthorities & GovernmentRegulation & PolicyMarket OutlooksRules & Regulation
Baleine; Source: Eni
Exploration & Production

TechnipFMC to deliver flexible flowlines and risers to Eni in Côte d’Ivoire

Italy’s energy giant Eni has awarded another contract for the third phase of its oil & gas development project off the coast of Côte d’Ivoire, with TechnipFMC put in charge of flexible flowlines and risers. Alongside the existing Baleine developments, Phase 3 will increase total field production fro

20 days ago
Maran Gas Achilles delivered the first LNG cargo supplied by Shell Eastern LNG for the commissioning of PV GAS’s Thi Vai LNG Terminal in July 2023; Source: PV Gas
Exploration & Production

Shell feeds Vietnam’s LNG appetite through deal with PV Gas

Petrovietnam Gas Joint Stock Corporation (PV Gas), a subsidiary of Vietnam’s state-owned national energy group Petrovietnam, has inked a liquefied natural gas (LNG) agreement with Shell Eastern Trading (Shell Eastern LNG), a wholly owned subsidiary of the UK-headquartered energy giant Shell.

21 days ago
FPSO Cidade de Itajai - Karoon
Exploration & Production

Rig-based well intervention brings Karoon higher oil production but also cost uptick

Karoon Energy, an ASX-listed international oil and gas exploration and production company, has achieved a spike in oil output at an oil field off the coast of Brazil, thanks to well intervention activities, which led to higher costs than initially expected.

21 days ago
FPSO for Eni's African offshore oil and gas project; Source: Wison New Energies
Exploration & Production

Chinese player picks up FPSO job for Eni’s African oil & gas project

China-based provider of clean energy services Wison New Energies (WNE) has confirmed a new deal with Italy’s energy giant Eni and Altera Infrastructure for a newbuild floating production, storage, and offloading (FPSO) vessel destined to be deployed at the next phase of an oil and gas development pr

21 days ago
LNG vessel at sea
Exploration & Production

ADNOC sets up global LNG marketing and trading platform

United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC) has brought together liquefied natural gas (LNG) marketing activities of ADNOC Gas and XRG with ADNOC Trading into one integrated commercial platform, a move perceived to create one of the leading global LNG

21 days ago
MIP2 project offshore Saudi Arabia; Source: Subsea7
Exploration & Production

Seven OPEC+ countries up their oil output ante

While maintaining a cautious approach with flexibility to pause or reverse cuts, seven participating oil-producing OPEC+ countries – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman – have sealed a deal to adjust their production cuts to ensure the stability of oil markets.

21 days ago
Two workers on an offshore platform
Exploration & Production

ExxonMobil passes the baton for Australian oil & gas asset to Woodside

Australia’s oil and gas giant Woodside Energy has taken over the operator helm from the Australian subsidiary of U.S.-headquartered energy major ExxonMobil for assets situated off Victoria’s Gippsland coast.

24 days ago
DOF to deploy four vessels for FSO replacement contract with TotalEnergies
Exploration & Production

DOF to deploy four vessels for FSO replacement contract with TotalEnergies

Norway’s DOF Group has won a contract it describes as large for subsea construction, mooring, disconnection of an existing floating storage and offloading unit (FSO) and connection of a replacement FSO for TotalEnergies. DOF will deliver engineering, transportation and installation of mooring system

25 days ago
Block 10 map; Source: QatarEnergy
Exploration & Production

ExxonMobil, QatarEnergy pen commercial gas discovery declaration in Cyprus

Qatar’s state-owned oil and gas giant QatarEnergy and the U.S.-headquartered energy heavyweight ExxonMobil have inked a commercial discovery declaration for natural gas finds at a block off the coast of Cyprus.

26 days ago
Transocean Encourage rig; Source: Transocean
Exploration & Production

Transocean’s rig trio scoops up $1 billion for drilling work in Norwegian waters

Switzerland-based offshore drilling contractor Transocean has lined up assignments for three of its harsh environment semi-submersible rigs with Norway’s state-owned energy giant Equinor on the Norwegian Continental Shelf (NCS).

26 days ago
Illustration; Source: Australian Energy Producers
Exploration & Production

Australia in need of new gas investments to ensure energy security

Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has welcomed the 2026 Integrated System Plan (ISP) from the Australian Energy Market Operator (AEMO), which highlights the need for new gas investments to enable grid reliability.

26 days ago
Saipem rigs get new drilling jobs worth $800 million
Exploration & Production

Appraisal ops at Namibian discovery corroborate oil-bearing reservoir continuity

African energy exploration player Rhino Resources has shed light on the appraisal of an oil discovery in the Orange Basin, confirming a connected oil-bearing reservoir at its appraisal well off the coast of Namibia.

27 days ago
Two men standing on the coast at sunset with one of them pointing at an offshore rig
Exploration & Production

Two hydrocarbon discoveries enrich Petronas’ oil & gas arsenal in South America

Petronas Suriname E&P, a wholly-owned subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, has confirmed two discoveries and a successful appraisal activity in Block 52 off the coast of Suriname.

27 days ago
Gjøa platform
Exploration & Production

Gas discovery edges closer to development with Equinor-Vår Energi asset swap

As operators embark on portfolio optimization quests, a series of asset exchanges is reshaping the Norwegian Continental Shelf (NCS), with the latest such move coming from Norway’s state-owned energy giant Equinor and its compatriot Vår Energi, which have agreed to a swap of offshore oil and gas ass

27 days ago
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