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Exploration & Production

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Business & FinanceBusiness Developments & ProjectsProject & TendersAuthorities & GovernmentRegulation & PolicyOutlook & StrategyCarbon Capture Usage & StorageMarket OutlooksTransitionCollaboration
Energy Emerger jack-up rig; Source: Northern Offshore
Exploration & Production

2017-built jack-up rig lines up multi-well drilling gig in West Asia

Texas-headquartered Northern Offshore, a builder and operator of jack-up rigs, has secured a new assignment for a nine-year-old jack-up rig off the coast of Oman, West Asia.

about 5 months ago
Floatel Superior; Source: Floatel International
Exploration & Production

All systems go for Aker BP to deploy Floatel’s vessel offshore Norway

Norwegian oil and gas operator Aker BP has received the green light to use one of Floatel’s semi-submersible support vessels at a field off the coast of Norway.

about 5 months ago
Shell hires Subsea7 for deepwater development offshore Louisiana
Exploration & Production

Shell hires Subsea7 for deepwater development offshore Louisiana

Subsea7 has been awarded a contract by Shell for a deepwater development located some 210 kilometers offshore Louisiana in the U.S. The scope of work includes the transportation and installation of a subsea umbilical, riser, and a rigid flowline in water depths of up to 1,650 meters for the Kaikias

about 5 months ago
Mozambique LNG
Exploration & Production

TotalEnergies reboots $20 billion LNG project after years-long hiatus

France’s energy giant TotalEnergies has hit the reset button for the construction of a multibillion-dollar liquefied natural gas (LNG) development off the coast of Mozambique. The reignition comes almost five years after the project was put on ice, with force majeure declared in April 2021.

about 5 months ago
COSL Innovator rig; Source: COSL
Exploration & Production

North Sea wildcat on COSL rig’s drilling agenda for March

The Norwegian state-owned energy giant Equinor has obtained a drilling permit from the Norwegian Offshore Directorate (NOD) for a wildcat well in the Norwegian sector of the North Sea.

about 6 months ago
Brage platform; Source: OKEA
Exploration & Production

Fresh petroleum discovery sees light of day in North Sea

Norway’s oil and gas company OKEA has made a petroleum discovery in the North Sea off the coast of Norway.

about 6 months ago
FPSO Fast4Ward design; Source: SBM Offshore
Exploration & Production

Exclusive interview with SBM Offshore: South America anchors business growth, as West Africa emerges on FPSO horizon

SBM Offshore is keeping Brazil and Guyana as the core hub of its FPSO activity, while eyeing new opportunities in West Africa.

about 6 months ago
Rio Grande LNG terminal; Courtesy of NextDecade
Exploration & Production

ADNOC’s XRG steps up its US LNG game with additional stake in Texas’ $31.8 billion project

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has augmented its interest in a liquefied natural gas (LNG) export project in Texas, United States (U.S.).

about 6 months ago
Darwin LNG terminal; Courtesy of Santos
Exploration & Production

First LNG cargo from Australia’s huge gas project on its way to Japan

Australian energy player Santos has achieved the first liquefied natural gas (LNG) cargo from its gas project off the coast of Australia’s Northern Territory, which is now en route to Japan.

about 6 months ago
Illustration of FPSO with full scale (100 MW) SOFC installation with integrated carbon capture; Source: MODEC
Exploration & Production

MODEC lays the groundwork for zero carbon FPSOs with partnership set on low-carbon offshore power solution

Japan’s MODEC has joined forces with Eld Energy, a Norwegian fuel cell system company, to pursue a scalable multi-MW power system for floating production, storage, and offloading (FPSO) units to enable them to fully run on zero-carbon power.

about 6 months ago
Man with a hardhat with words "Chevron" on it with an offshore rig in the background
Exploration & Production

Chevron’s drilling ops in Nigerian waters lead to new hydrocarbon discovery

Chevron Nigeria Limited (CNL), a subsidiary of the U.S.-headquartered Chevron and the operator of the Nigerian National Petroleum Company (NNPC)/CNL joint venture, has made a new hydrocarbon discovery off the coast of Nigeria, Africa.

about 6 months ago
A jackup rig being transported on a vessel
Exploration & Production

African field days away from flipping oil production switch on almost 30 years after shutdown

Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, has updated its timeline for bringing back online an oil field off the coast of Benin that ceased production due to low oil prices in the late 1990s.

about 6 months ago
Noble's Noble GreatWhite, former Ocean GreatWhite rig; Source: Green Yard Feda
Exploration & Production

Noble scores $1.3 billion in rig deals and enters Norway’s floater drilling scene

U.S.-headquartered offshore drilling contractor Noble Corporation has picked up new assignments for nine drilling rigs in its fleet, including a job for one of its semi-submersible units, which enables it to make its entrance into the Norwegian harsh environment floater market.

about 6 months ago
Olympus platform; Copyright: Shell /Mike Duhon Productions; Credit: Photographic Services, Shell International
Exploration & Production

First oil & gas well in US Gulf now online, second set to follow suit shortly

Beacon Offshore Energy, a Texas-based exploration and production company, has brought its initial well on stream at a field in the Gulf of America (the U.S. Gulf of Mexico) and drilled another one, which is anticipated to begin production by the end of the first quarter of 2026.

about 6 months ago
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