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Exploration & Production

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Kenli 10-2 oilfields development project Phase I
Exploration & Production

First oil flows from Chinese major’s Bohai Sea shallow water asset

CNOOC Limited, a subsidiary of Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC), has started production at a shallow oilfield located in the southern Bohai Sea.

about 1 year ago
Black Sea deepwater gas project to sport US-made subsea equipment
Exploration & Production

Black Sea deepwater gas project to sport US-made subsea equipment

London-headquartered precision engineering group Hunting PLC has secured a $31 million subsea order for its titanium stress joints (TSJs) for the third phase of a deepwater gas development in the Turkish part of the Black Sea. Six TSJs, including the patented Direct Pull-thru Tube technology, will b

about 1 year ago
Depsea Yantai rig; Source: Odfjell Drilling
Exploration & Production

Norwegian Sea prospect yields gas for Vår Energi

Norway’s Vår Energi has struck gas in an exploration well at a license it operates in the Norwegian Sea.

about 1 year ago
RMIT researchers turn wastewater pollutants into green hydrogen
Exploration & Production

RMIT researchers turn wastewater pollutants into green hydrogen

Researchers at Australia’s RMIT University have developed an experimental method that uses wastewater contaminants to support green hydrogen production, potentially reducing the need for freshwater in the process.

about 1 year ago
FPSO One Guyana; Source: SBM Offshore
Exploration & Production

ExxonMobil’s loss is Chevron’s gain: High-stakes arbitration over Hess’ Guyana oil assets ends

ExxonMobil and its partner, China’s CNOOC, have not secured a victory in arbitration proceedings over U.S.-based Hess Corporation’s sale of interests in assets off the coast of Guyana. This clears the key merger hurdle in Chevron’s path, enabling it to bring Hess’ upstream portfolio into its fold.

about 1 year ago
An offshore platform
Exploration & Production

Fresh decade-long deal secures more Norwegian gas for Europe

Equinor has signed a multi-year natural gas supply agreement with BASF, a developer of a broad portfolio of component solutions for manufacturing consumer goods, which plans to use this gas for its needs in Europe.

about 1 year ago
Subsea7 hired by Equinor and Shell under two new contracts
Exploration & Production

Subsea7 hired by Equinor and Shell under two new contracts

Subsea7 has secured two new contracts, one with Norwegian state-owned energy company Equinor for work in Norway and the other with UK-headquartered energy firm Shell for the provision of services in the U.S. Namely, Subsea7 announced the award of a large contract, worth between $300 million and $500

about 1 year ago
Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Exploration & Production

Transocean’s backlog stands at $7.2 billion as rig quartet gets more drilling work

Switzerland-based offshore drilling contractor Transocean has secured a new batch of contracts and extensions in Australia, Norway, Ivory Coast, and Brazil for four floaters, encompassing two drillships and two semi-submersible rigs.

about 1 year ago
Hugin A jacket being put into place with Heerema's Sleipnir; Source: Aker BP
Exploration & Production

WATCH: Heerema’s largest vessel slides North Sea oil & gas platform’s new jacket into place

Norwegian oil and gas player Aker BP has made progress in bringing an offshore platform to life by installing a new jacket at an oil and gas development in the North Sea, off the coast of Norway.

about 1 year ago
EnQuest
Exploration & Production

New operator taking the helm at undeveloped gas fields offshore Brunei

EnQuest EP, a subsidiary of London Stock Exchange-listed energy player EnQuest, has secured a production sharing agreement (PSA) for Block C, covering three offshore fields in Brunei Darussalam, for which a final investment decision (FID) is anticipated to be reached within the next two years.

about 1 year ago
South Korea’s YPP to invest up to $3.1B in green hydrogen production in Kazakhstan
Exploration & Production

South Korea’s YPP to invest up to $3.1B in green hydrogen production in Kazakhstan

YPP and Kazakh Invest have signed a framework agreement on cooperation for the implementation of a green hydrogen production project in Kazakhstan.

about 1 year ago
Chevron-operated Leviathan gas asset; Source: NewMed Energy
Exploration & Production

‘Exciting’ marine phenomenon at offshore gas platform ignites spark of scientific research

CSA Ocean Sciences Inc. (CSA), a marine environmental consulting firm, has shed light on a scientific discovery at an offshore natural gas platform in the Mediterranean Sea, which has spurred subsequent investigation among faculty members at Tel Aviv University and collaborating partners in the regi

about 1 year ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Exploration & Production

No oil for Equinor in North Sea wildcat

Norwegian state-owned energy giant Equinor has encountered a dry well at its prospect in the North Sea offshore Norway.

about 1 year ago
FPSO Jaguar; Source: SBM Offshore
Exploration & Production

WATCH: SBM Offshore’s fifth Guyana-bound FPSO enters drydock

SBM Offshore has tucked a new construction milestone under its belt for a floating production, storage, and offloading (FPSO) unit destined for a sixth deepwater oil development project, operated by ExxonMobil Guyana, a subsidiary of the U.S. energy giant ExxonMobil, at the Stabroek block off the co

about 1 year ago
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