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Exploration & Production

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Fossil EnergyOil & GasBusiness & FinanceBusiness Developments & ProjectsRigsAuthorities & GovernmentRegulation & PolicyClean FuelLiquefied Natural GasOther FuelsProject & TendersAlternative FuelsAmmoniaEnergy TransitionFPSO & VesselsGreen MarineHydrogenLow-Carbon TransitionCarbon Capture Usage & StorageCollaborationEquipmentInnovationTransitionCertification & Classification
Illustration; Source: Petronas
Exploration & Production

Petronas enlarges oil & gas portfolio with block offshore Oman

PC Oman Ventures Ltd (PCOVL), a wholly-owned subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, has signed up for oil and gas exploration in a block off the coast of the Sultanate of Oman through a deal with the country’s government and OQ Exploration and Production Batinah Offsh

about 7 months ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Exploration & Production

Go-ahead for Equinor to use 2016-built rig at North Sea field

Norway’s state-owned energy giant Equinor has received clearance to deploy a ten-year-old jack-up rig at its offshore field on the Norwegian Continental Shelf (NCS).

about 7 months ago
Rendering of Argentina LNG project; Source: YPF
Exploration & Production

ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande

about 7 months ago
Illustration; Source: SLB
Exploration & Production

SLB lines up offshore drilling work on Asian deepwater gas project

U.S.-headquartered technology player SLB has landed multiple deals for offshore drilling services at a gas development off the coast of Indonesia with the UAE-based Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi.

about 7 months ago
Ammonia FPSO concept; Source: BW Offshore
Exploration & Production

WATCH: McDermott and BW Offshore lift the curtain on floating blue ammonia FPSO model

McDermott and BW Offshore have unveiled a concept for a blue ammonia floating production, storage, and offloading (FPSO) unit that blends offshore production, carbon capture, and direct export, spotlighting the way in which surplus natural gas could be converted into a lower-carbon fuel and brought

about 7 months ago
Exploration license offshore Libya; Source: QatarEnergy
Exploration & Production

Eni and QatarEnergy pick up exploration license in North Africa

Italy’s energy giant Eni and Qatar’s state-owned oil and gas giant QatarEnergy have won an offshore exploration license off the coast of Libya, North Africa.

about 7 months ago
Ringhorne; Credit: Øyvind Sætre/Vår Energi
Exploration & Production

North Sea hydrocarbon drilling ops hit a dead end

Norway’s oil and gas player Vår Energi and its partner, Kistos Energy, have drilled an exploration well in the Norwegian sector of the North Sea, which yielded no commercial hydrocarbons.

about 7 months ago
FPSO P-79 is the eight of the 12 units planned for installation in the Búzios field and joins the seven others already in operation; Source: Petrobras
Exploration & Production

Petrobras’ largest-producing oil & gas field richer for another FPSO

Brazilian state-owned energy heavyweight Petrobras has welcomed the arrival of the eight floating production storage and offloading (FPSO) vessel, which will work at a field in the Santos Basin off the coast of Brazil.

about 7 months ago
Transocean Enabler rig at sea
Exploration & Production

Transocean rig duo staying longer on drilling gigs in Norwegian waters

Switzerland-based offshore drilling contractor Transocean has picked up multimillion-dollar extensions for two of its harsh environment semi-submersible rigs deployed off the coast of Norway.

about 7 months ago
LLOG's FPU Salamanca; Source: Tampnet
Exploration & Production

New player enters US Gulf oil & gas playground with $3.2B LLOG buy

London-listed oil and gas company Harbour Energy has brought into its fold the U.S.-headquartered LLOG Exploration Company (LLOG), marking its strategic entry into the deepwater U.S. Gulf of America (the U.S. Gulf of Mexico).

about 7 months ago
A North Sea platform
Exploration & Production

Europe’s gas goes green: North Sea offshore wind-powered project earns top methane rating

Marking a new era for low-methane gas in Europe, a Dutch-German gas development, which runs on offshore wind energy, has become the first natural gas production project in the North Sea to be independently certified as meeting the highest grade under MiQ’s methane emissions standard.

about 7 months ago
Illustration; Source: Vår Energi
Exploration & Production

New partner joins North Sea gas discovery ahead of appraisal ops

Orlen Upstream Norway, a subsidiary of Poland’s Orlen, has set the wheels in motion to come aboard a gas discovery in the Norwegian sector of the North Sea by buying a stake held by Norway’s oil and gas player Vår Energi.

about 7 months ago
A man looking at a large vessel at sea
Exploration & Production

Malaysia ups its energy investment ante with new oil & gas bid round

Malaysia’s state-owned oil and gas heavyweight Petronas, through Malaysia Petroleum Management (MPM), has launched the Malaysia Bid Round 2026 (MBR 2026) to strengthen Malaysia’s position as an energy investment destination.

about 7 months ago
Platinum Explorer drillship; Source: Vantage Drilling
Exploration & Production

Vantage Drilling’s 2010-built drillship lines up multi-year gig in India

Vantage Drilling International, a Bermuda-exempted offshore drilling contractor, has landed a long-term assignment for its 16-year-old drillship off the coast of India with the country’s state-owned energy giant ONGC.

about 7 months ago
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