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Exploration & Production

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Wood wins funding for oil & gas robotics project
Exploration & Production

Wood collects funding for autonomous robotics project

Wood has secured nearly $3 million in funding for an oil and gas robotics project, which is expected to create new job opportunities.

about 4 years ago
The Bay du Nord FPSO development concept - Equinor
Exploration & Production

Two players in design battle for Equinor’s stalled project while EIS gets unfavourable review

Equinor has selected two engineering players to carry out conceptual studies for an FPSO vessel while the review of the project’s EIS deemed it an unreliable source of information for decision-making processes.

about 4 years ago
Woodside
Exploration & Production

Continuing in Myanmar no longer ‘viable option’ for Woodside

Following an exit by TotalEnergies and Chevron, Woodside has also decided to follow suit and abandon Myanmar operations.

about 4 years ago
Panoro closing Nigerian chapter following govt’s nod
Exploration & Production

Panoro closing Nigerian chapter following long-awaited govt’s nod

Panoro Energy has received approvals from the Nigerian government for the sale of all its interest in in OML 113 off Nigeria to PetroNor.

about 4 years ago
Martin Linge field - Equinor
Exploration & Production

Equinor now officially opening challenging Martin Linge field

Equinor is now officially opening its operated Martin Linge field, located in the North Sea, following the production start-up last year.

about 4 years ago
Wellesley strikes out in North Sea well failing to find traces of petroleum
Exploration & Production

Wellesley strikes out in North Sea well

Wellesley has concluded the drilling of a wildcat well north of the Gjøa field in the northern North Sea, but the well turned out to be dry.

about 4 years ago
Aquarius rig - Aquadrill - Vantage
Exploration & Production

Vantage to manage another rig for Aquadrill

Vantage has been put in charge of managing and marketing a semi-submersible rig owned by Aquadrill, formerly known as Seadrill Partners.

about 4 years ago
offshore rig market analysis by Westwood
Exploration & Production

Offshore rig market improvement in 2021 driven by high EPC spend – Westwood

The latest analysis from Westwood has revealed a y-o-y growth for the global offshore rig market at the close of 2021.

about 4 years ago
Gjøa platform - Neptune Energy
Exploration & Production

Neptune’s output from North Sea hub swells thanks to tie-backs

Oil and gas company Neptune Energy has increased production from its operated Gjøa platform in the Norwegian North Sea.

about 4 years ago
Hess swings to profit amid higher oil & gas prices
Exploration & Production

Hess swings to profit amid higher oil & gas prices

U.S. oil and gas company Hess Corporation has returned to profit in the fourth quarter of 2021, driven by higher oil and gas prices

about 4 years ago
Equinor gets the go-ahead to drill Barents Sea well
Exploration & Production

Equinor gets the go-ahead for drilling ops in Barents Sea

Equinor has received consent from Norway’s offshore regulator for exploration drilling in the Barents Sea, using one of Transocean’s rigs.

about 4 years ago
Liza FPSO - Hess Corporation - Guyana
Exploration & Production

Hess increases budget with majority going to Guyana & Bakken again

Hess Corporation has revealed that its Exploration & Production capital and exploratory budget for 2022 will amount to $2.6 billion.

about 4 years ago
IOG mulling over options to resume North Sea drilling ops following seabed survey
Exploration & Production

IOG awaits survey data for clarity on next steps for delayed North Sea well

IOG is considering potential solutions to resume drilling ops in the UK North Sea while a timeline is expected after seabed survey analysis.

about 4 years ago
Repsol's Malaysia assets
Exploration & Production

Hibiscus expects threefold increase in o&g output due to Repsol deal

Malaysia’s Hibiscus Petroleum has completed the acquisition of Repsol’s E&P assets in Malaysia and Vietnam.

about 4 years ago
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