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Exploration & Production

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Illustration; Credit: Morten Berentsen/NOD
Exploration & Production

Stepping up oil & gas game key for Norway to stave off ‘steep’ drop in production

As the global energy security mission continues to keep oil and gas in high demand, the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has emphasized that the Norwegian Continental Shelf (NCS) will yield more hydrocarbons in the upcoming years.

about 11 months ago
Illustration; Source: Rystad Energy
Exploration & Production

Potential imbalance in oil demand and supply on the cards

With data showing the availability of proven reserves for only 14 years of current production, Rystad Energy, an energy market intelligence group, has pointed out that in a scenario where oil demand is on the rise, supply may struggle even with high prices, but if the energy transition gets a boost,

about 11 months ago
Noria Energy deploys its AquaPhi(R) solar tracker on a floating solar PV installation in Colorado
Exploration & Production

First US floating solar tracker under construction in Colorado

U.S.-based solar developer Noria Energy has begun construction of a tracker for a 50 kW floating solar pilot project at Fairmount Reservoir in Golden, Colorado. The Aurea Solar project, developed for the Consolidated Mutual Water Company (CMWC), will power onsite pumps that regulate the water supply

about 11 months ago
The Switch
Exploration & Production

Four EU countries and Egypt make up top five US LNG importers

Within the global gas story, many chapters are being written, including a U.S. wave of upcoming liquefied natural gas (LNG) developments, where the export boom continues to fuel new projects, as the European regasification build-out continues.

about 11 months ago
Illustration; Source: Australian Energy Producers
Exploration & Production

Australian state’s decade of LNG exports pours $127 billion into economy

Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has revealed a $127 billion boost to Queensland’s economy, thanks to the Australian state’s decade of liquefied natural gas (LNG) deliveries.

about 11 months ago
FPSO Cidade de Itajai is operating on the Baúna field - Karoon
Exploration & Production

Karoon unveils multimillion-dollar investment into FPSO revitalization campaign

Karoon Energy, Australia’s oil and gas company, has revealed its investment plans for a floating production, storage, and offloading (FPSO) revitalization campaign and a life extension project at a field off the coast of Brazil.

about 11 months ago
Van Oord has completed high-precision ballasting operations and the installation of scour protection for the West White Rose project in Canada; Source: Van Oord
Exploration & Production

Van Oord’s final part of work at Canada’s oil project on the agenda for next quarter

With three out of four phases already done, Van Oord, a Dutch marine contractor, is planning to embark on the last segment of its assignment in the fourth quarter of 2025 at a field off the coast of Newfoundland, Canada.

about 11 months ago
Subsea7 prolongs stay at Türkiye’s largest natural gas field with ‘major’ contract
Exploration & Production

Subsea7 prolongs stay at Türkiye’s largest natural gas field with ‘major’ contract

Following the contract for inspection, repair and maintenance (IRM) services announced at the end of 2024, Subsea7 has now been selected to deliver subsea umbilicals, risers and flowlines (SURF) for Türkiye’s largest natural gas field. The SURF engineering, procurement, construction and installation

about 11 months ago
EDrill T-16 rig
Exploration & Production

With one 271-day job done, Singaporean player’s rig preps for new Gulf of Thailand campaign

Energy Drilling has completed a drilling campaign in the Gulf of Thailand undertaken on behalf of Carigali-PTTEPI Operating Company (CPOC).

about 11 months ago
FPSO Raroa operating at the Maari field; Source: MODEC
Exploration & Production

New Zealand prolongs oil production lifespan of OMV’s 16-year-old field to 2037

OMV New Zealand, a subsidiary of Austria’s OMV, has received a multi-year extension of the petroleum mining permit (PMP) 38160, which encompasses an oil field that has been producing hydrocarbons since 2009 off the coast of New Zealand.

about 11 months ago
Three players pool resources on Thai carbon capture and storage gig to speed energy transition
Exploration & Production

JGC-Technip Energies consortium in FEED battle for Inpex’s 20 billion LNG project and FPSO

A consortium, consisting of JGC Indonesia, a subsidiary of Japan’s JGC Holdings Corporation, and Indonesian affiliates of Technip Energies, has confirmed its participation in a competitive dual front-end engineering and design (FEED) portion of work and engineering procurement and construction (EPC)

about 11 months ago
Darwin LNG; Source: Santos
Exploration & Production

With extension in effect, XRG-led consortium hammers away at $19B Santos takeover terms

Australia’s energy player Santos has signed up for a multi-week extension of the deadline set for negotiations regarding an $18.7 billion non-binding indicative offer received from a consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Ho

about 11 months ago
Illustration (Courtesy of TEAMER Program), University of Hawaii
Exploration & Production

TEAMER selects 18 new marine energy projects for technical support

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved 18 projects through its 16th request for technical support (RFTS), representing over $2.7 million in funding. The Technical Support Recipients (TSRs) will receive assistance across numerical modeling, labo

about 11 months ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Exploration & Production

Transocean rig set to kick off gas drilling ops mid-October offshore Australia

ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has modified its timeline for the start of a two-well gas exploration campaign in the Otway Basin, which will be undertaken with one of Transocean’s rigs off the coast of Australia.

about 11 months ago
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