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Exploration & Production

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Map of São Tomé and Príncipe's offshore blocks
Exploration & Production

Shell, Galp and Petrobras team up on African exploration block

A consortium comprising three giants – the U.K.’s Shell, Brazil’s Petrobras, and Portugal’s Galp – has acquired a block located off the coast of São Tomé and Príncipe, Africa.

about 10 months ago
Rendering of the proposed Monkey Island LNG terminal
Exploration & Production

$35 billion offtake deal paving the way for development of Louisiana’s proposed LNG project

Monkey Island LNG (MILNG), a private company addressing the global energy crisis and growing demand for liquefied natural gas (LNG) through the development of U.S. natural gas infrastructure, has secured a memorandum of understanding (MoU) with an undisclosed investment-grade international oil compa

about 10 months ago
Stargate Hydrogen partners with Saudi Arabia’s RDIA to boost hydrogen innovation
Exploration & Production

Stargate Hydrogen partners with Saudi Arabia’s RDIA to boost hydrogen innovation

Stargate Hydrogen, an Estonia-based deep-tech and green hydrogen technologies manufacturer, has signed a memorandum of understanding (MoU) with the Research, Development, and Innovation Authority (RDIA) of Saudi Arabia to boost hydrogen innovation.

about 10 months ago
Brage platform; Source: OKEA
Exploration & Production

Norway casts light on recent North Sea oil discovery

Following an oil discovery at a prospect off the coast of Norway, the Norwegian Offshore Directorate (NOD) has revealed further insight into the latest black gold find in the North Sea.

about 10 months ago
Abaxx; LNG carrier
Exploration & Production

Singapore-China partnership sets its cap on LNG procurement and trading

With the idea of pursuing a collaboration in liquefied natural gas (LNG) procurement and related trading services, Singapore’s Abaxx Commodity Exchange, an affiliate of Abaxx Technologies, has joined forces with Zhonggong Petroleum & Natural Gas (Zhonggong), an energy company with provincial-level p

about 10 months ago
After Saipem and Subsea7, Baker Hughes gets more work at Türkiye’s mega natural gas project
Exploration & Production

After Saipem and Subsea7, Baker Hughes gets more work at Türkiye’s mega natural gas project

U.S.-headquartered energy technology company Baker Hughes has secured a contract to deliver subsea production and intelligent completion systems for the third phase of Türkiye’s largest natural gas field. Under the contract awarded by Turkish Petroleum (TPAO) and Turkish Petroleum Offshore Technolog

about 10 months ago
JERA
Exploration & Production

New energy hub on the cards for Balkans as JERA and Montenegro delve into LNG terminal possibilities

Japan’s energy major JERA has taken steps to augment its liquefied natural gas (LNG) arsenal by striking a deal with the government of Montenegro to look into the development of an LNG terminal and an associated gas-fired plant, which has the potential to establish a new energy hub in the Western Ba

about 10 months ago
LNG carrier; Source: MET Group
Exploration & Production

More LNG for Singapore as Keppel and MET shake hands on long-term deal

Switzerland-based MET Group, an integrated European energy company, has firmed up a heads of agreement (HoA) with Infrastructure Division of Singapore-headquartered Keppel, an asset manager and operator, together with a licensed LNG importer, for the supply of liquefied natural gas (LNG), enhancing

about 10 months ago
FPSO Energean Power; Source: Energean
Exploration & Production

First gas from Mediterranean phased development on track for 2027

London-based oil and gas player Energean is expecting to bring online in less than two years the first chapter of an area in the Mediterranean, containing a string of gas discoveries made in 2022, as part of a phased development off the coast of Israel.

about 10 months ago
COSL Innovator rig; Source: COSL
Exploration & Production

Equinor cleared to drill Norwegian Sea wildcat with COSL rig

The Norwegian state-owned energy giant Equinor has obtained the drilling permit for a wellbore in the Norwegian Sea.

about 10 months ago
$1.5 billion contract extends Saipem’s stay at largest Turkish natural gas field
Exploration & Production

$1.5 billion contract extends Saipem’s stay at largest Turkish natural gas field

Italy’s Saipem has secured more work at Türkiye’s largest natural gas field as part of a new offshore contract worth approximately $1.5 billion. Under the new contract awarded by Turkish Petroleum Offshore Technology Center (TP-OTC), Saipem will deliver the engineering, procurement, construction and

about 10 months ago
Emvolon
Exploration & Production

New strategic collaboration aims to accelerate renewable methanol availability

Massachusetts-based renewable fuel and chemical production technology company Emvolon and Freepoint Commodities, a commodities merchant, have decided to enter into a long-term strategic collaboration to speed up the manufacturing and distribution of renewable methanol. According to officials from Em

about 10 months ago
Hynfra signs agreement for $1.5 billion green ammonia project in Mauritania
Exploration & Production

Hynfra signs agreement for $1.5 billion green ammonia project in Mauritania

Polish energy company Hynfra has signed a framework agreement with the Government of Mauritania for a $1.5 billion green ammonia project in Nouakchott.

about 10 months ago
FPSO Jotun; Source: Vår Energi
Exploration & Production

Vår Energi optimistic about production targets as North Sea FPSO ramps up

Norwegian upstream oil and gas player Vår Energi has achieved peak production at its floating production storage and offloading (FPSO) unit working at a field in the North Sea off Norway.

about 10 months ago
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