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Exploration & Production

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Business & FinanceBusiness Developments & ProjectsInfrastructureAuthorities & GovernmentRegulation & PolicySafetyProject & TendersEnvironmentResearch & DevelopmentTechnologyMarket OutlooksOutlook & StrategyCollaborationEquipmentInnovationTransitionVision
Valaris 115 rig
Exploration & Production

Mubadala adds extra development well to Manora campaign

Mubadala Petroleum has added another development well to its Manora drilling campaign in the Gulf of Thailand, expanding it to four new development wells.

about 6 years ago
U.S. weekly offshore rig count stuck at 13
Exploration & Production

U.S. weekly offshore rig count stuck at 13

The number of offshore rigs in the U.S. remained unchanged over the last week, according to a Friday report by Baker Hughes.

about 6 years ago
Deepsea Yantai rig
Exploration & Production

Neptune Energy set to drill two North Sea wells

The Norwegian Petroleum Directorate has granted Neptune Energy a drilling permit for two wildcat wells in the North Sea off Norway.

about 6 years ago
Upstream spending set for 15-year low as it falls from lower mountain to deeper valley, Rystad says
Exploration & Production

Upstream spending set for 15-year low as it falls from lower mountain to deeper valley, Rystad says

Global spending is now forecasted to reach $383 billion this year, the lowest level in 15 years and a staggering 29 per cent decrease of $156 billion compared to 2019, according to Rystad.

about 6 years ago
CNOOC kicks off production from oilfield offshore China
Exploration & Production

CNOOC kicks off production from oilfield offshore China

CNOOC Limited has started production from the Qinhuangdao 33-1S oilfield phase I project, located offshore China.

about 6 years ago
The Oseberg area of the North Sea.
Exploration & Production

Aker BP and Equinor to coordinate development of North Sea licences

Aker BP and Equinor have entered into an agreement in principle on commercial terms for a coordinated development of the licences Krafla, Fulla, and North of Alvheim.

about 6 years ago
Aker Solutions to deliver umbilicals for Murphy’s Gulf of Mexico project
Exploration & Production

Aker Solutions to deliver umbilicals for Murphy’s Gulf of Mexico project

Aker Solutions has been awarded a contract from Subsea 7 to deliver umbilicals for Murphy Oil’s King’s Quay development in the U.S. Gulf of Mexico.

about 6 years ago
Gulf of Mexico; Illustration; Source: Equinor
Exploration & Production

Gulf of Mexico operations returning to normal following storm Cristobal

Offshore oil and gas operators are resuming operations on platforms and rigs in the Gulf of Mexico following Tropical Storm Cristobal.

about 6 years ago
marine minerals
Exploration & Production

Autonomous exploration of marine minerals

16 industry, research and public players have partnered in GCE‘s Centre for Deep Sea Innovation to step-change autonomous exploration. The main application is towards marine minerals, but the potential is far greater, GCE said. Specifically, the Centre’s main goal is to increase deep sea exploration

about 6 years ago
Brent field
Exploration & Production

OPEC+ extends output cuts in push to tighten oil market

OPEC, Russia, and other oil producers agreed to extend their record oil production cuts of 9.7 million barrels per day by another month.

about 6 years ago
Equinor hands in plans for partial electrification of Sleipner field
Exploration & Production

Equinor hands in plans for partial electrification of Sleipner field

Equinor and its partners have made an investment decision to partly electrify the Sleipner field located offshore Norway.

about 6 years ago
Aker BP's Hod platform illustration; Source: Kvaerner
Exploration & Production

Aker BP orders Hod platform from Kvaerner

Norwegian oil and gas company Aker BP has awarded Kvaerner the contract for delivering the topside and steel substructure for the unmanned wellhead platform at the Hod field.

about 6 years ago
Enshore Subsea eyes seabed minerals collector
Exploration & Production

Enshore Subsea eyes seabed minerals market

Enshore Subsea is developing new solutions to responsibly recover minerals from the ocean floor. These minerals, among other things, are essential for Electric Vehicle batteries. This pioneering industry has the potential to create a billion-pound-a-year market in the North East of England, Enshore

about 6 years ago
Illustration, rig on open sea
Exploration & Production

U.S. weekly offshore rig count up a notch

The number of offshore rigs in the U.S. is up by one unit over the last week, according to a weekly rig count report by Baker Hughes.

about 6 years ago
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