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Exploration & Production

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FPSO Petrojarl Rosebank; Source: Adura
Exploration & Production

$11.8 billion North Sea oil & gas project clears key consultation hurdle ahead of government’s final say

Adura, an incorporated joint venture (IJV) between the UK-headquartered Shell and Norway’s Equinor, has confirmed the end of a public consultation period on the development of an oil and gas field in the North Sea. This project on the UK Continental Shelf (UKCS) is now awaiting the UK government’s f

about 1 month ago
Illustration; Source: ADES
Exploration & Production

Go-ahead for ADES to restart all suspended offshore rig ops as jack-up market remains tight

ADES Holding Company, an oil and gas drilling services provider that is part of Saudi Arabia-headquartered ADES Group, has secured the green light to restore all temporarily suspended offshore rig operations in Saudi Arabia, as offshore activity across the Gulf Cooperation Council (GCC) region conti

about 1 month ago
Karim Badawi, Egypt's Minister of Petroleum and Mineral Resources, visited the production site of Pharaonic Petroleum Company (PhPC) in Port Said Governorate; Source: Egypt’s Ministry of Petroleum and
Exploration & Production

Egypt moves to fast-track Mediterranean gas field tie-in in pursuit of production growth

With its sights set on higher domestic gas production, Egypt’s Ministry of Petroleum and Mineral Resources is pushing to accelerate field development in the Eastern Mediterranean waters, as part of its broader efforts to enable upstream growth and achieve its exploration and production plans through

about 1 month ago
Saipem 10000; Source: Saipem
Exploration & Production

Saipem’s 26-year-old drillship on completion ops at Eni’s gas well offshore Sicily

Italy’s engineering, drilling, and construction services company Saipem is carrying out completion work with its 2000-built drillship for compatriot energy giant Eni on a gas well off the coast of Sicily, with the campaign scheduled to run through to late September 2026, according to an Italian Coas

about 1 month ago
NS-42 (ODN-II) drillship; Source: Foresea
Exploration & Production

Petrobras widens Brazil’s Equatorial Margin push with hydrocarbon discovery off Amapá

Brazilian state-owned energy giant Petrobras has found hydrocarbons in a frontier well located in ultra-deep waters off the coast of Amapá, deepening Brazil’s Equatorial Margin exploration quest.

about 1 month ago
Illustration; Source: Shell
Exploration & Production

Shell loses five-year legal fight as South Africa’s court sets aside Wild Coast exploration permit

UK-headquartered energy giant Shell has hit a dead end in its plans for oil and gas exploration off South Africa’s Wild Coast, after the Constitutional Court overturned a Supreme Court of Appeal (SCA) order that had kept the project alive, delivering a major victory for environmental groups and loca

about 1 month ago
FPSO P-67 operates on the Tupi field within the ultra-deep pre-salt layer of the Santos Basin, roughly 260 kilometers off the coast of Rio de Janeiro, Brazil; Credit: Andre Motta de Souza/Agencia Petr
Exploration & Production

73 years in the making: Petrobras’ oil field exceeds 4 billion barrels as Brazil’s pre-salt turns 20

Brazil’s state-owned energy giant Petrobras has notched a new production milestone, with one of its oil fields surpassing 4 billion barrels of cumulative output as the pre-salt, now entering its third decade, cements its status as the company’s production powerhouse in Brazilian waters.

about 1 month ago
Rendering of Argentina LNG project; Source: YPF
Exploration & Production

$51 billion LNG megaproject takes ‘important’ step on path to FID by year-end

A giant multibillion-dollar liquefied natural gas (LNG) export project in South America is laying the groundwork for a final investment decision (FID) by the end of 2026, with the submission of its application to join Argentina’s Large Investment Incentive Regime (RIGI), bringing the country closer

about 1 month ago
Who Dat; Source: Delmar
Exploration & Production

Subsea tie-back development to US Gulf oil & gas asset is a go

U.S.-headquartered LLOG Exploration, a subsidiary of Harbour Energy, has decided to move forward with the development of a subsea tie-back to an existing floating production system (FPS) in the Gulf of America (U.S. Gulf of Mexico).

about 1 month ago
Munin topside; Source: Mammoet
Exploration & Production

With platform topside ready for sail-away, North Sea gas project edges closer to start-up (Gallery)

Netherlands-based heavy lifting and transport provider Mammoet has assisted Aibel, which is responsible for the engineering, procurement, and construction (EPC) of a topside segment of an unmanned processing platform to be deployed at a gas development in the Norwegian North Sea, with critical heavy

about 1 month ago
Illustration; Source: Saipem
Exploration & Production

Saipem wins $1.8 billion contract in Middle East

Italy’s engineering, drilling, and construction services company Saipem has secured a $1.8 billion contract in the Middle East covering offshore and subsea facilities. Saipem’s scope includes the engineering, procurement, construction and installation (EPCI) of offshore and subsea facilities. The co

about 1 month ago
FPSO Bonga (for illustration purposes); Source: Akselos
Exploration & Production

Nigeria’s new tax breaks put $50 billion deepwater oil & gas projects back in play

Nigeria is targeting a revival of deepwater investment with new tax incentives designed to unleash up to $50 billion in delayed oil and gas projects.

about 1 month ago
Hondo platform; Source: Sable Offshore
Exploration & Production

Sable eyes September restart for third oil platform in California waters

Sable Offshore, a Texas-headquartered oil and gas company, is set to resume oil production at its third platform off the California coast next month, marking the latest step in the company’s phased effort to bring its offshore operations back online.

about 1 month ago
Borr Drilling’s Prospector 1 rig; Source: Neptune Energy
Exploration & Production

Seven Borr Drilling rigs find more work in Asia, Europe, and Africa

Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has lined up multiple new assignments and extensions of existing deals for its rig fleet off the coasts of Vietnam, Malaysia, Côte d’Ivoire (Ivory Coast), and the Netherlands.

about 1 month ago
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