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Exploration & Production

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Thor rig; Source: Crystal Offshore via LinkedIn
Exploration & Production

Borr’s 2019-built rig leaves Asian yard to begin its new drilling gig

A jack-up rig, owned by Borr Drilling, has departed from a yard in Singapore to embark on a voyage toward its recently booked drilling assignment off the coast of Southeast Asia.

about 1 year ago
Tyra II; Source: TotalEnergies
Exploration & Production

TotalEnergies’ North Sea gas hub going full steam ahead

TotalEnergies has sorted out an operational hitch that prevented it from achieving full production capacity at its natural gas redevelopment project in the Danish sector of the North Sea.

about 1 year ago
Transocean Equinox rig; Source: Transocean
Exploration & Production

Transocean rig reaches Australian waters to embark on ‘critical’ gas search

ConocoPhillips is laying the groundwork to kick off seabed surveys this month ahead of exploration drilling activities for which a semi-submersible rig owned by Transocean has arrived in the Otway Basin to find commercially viable natural gas reserves to keep fears of shortfalls at bay.

about 1 year ago
Sunfire to deliver 10 MW electrolyzer for green hydrogen project in Bilbao
Exploration & Production

Sunfire to deliver 10 MW electrolyzer for green hydrogen project in Bilbao

Basque Hydrogen, a consortium led by Spanish companies Petronor, a subsidiary of Repsol, in collaboration with Enagás Renovable, a subsidiary of Enagás, and the Ente Vasco de la Energía, the energy agency of the Basque Government, has selected German electrolyzer manufacturer Sunfire to deliver a 10

about 1 year ago
Coral-Sul FLNG; Source: INP
Exploration & Production

$7.2 billion project cleared for takeoff to unlock more gas and LNG offshore Mozambique

With the green light for a multibillion-dollar floating liquefied natural gas (FLNG) project, Mozambique’s government is intent on augmenting gas production and strengthening the African country’s LNG position, given the role natural gas is expected to play in the global energy transition story.

about 1 year ago
Naming ceremony for Tidal Action drillship; Source: Hanwha Ocean
Exploration & Production

Rig naming ceremony marks Hanwha Ocean’s entrance into deepwater drilling arena

Hanwha Drilling, part of South Korea’s Hanwha Ocean, has held a naming ceremony for a seventh-generation drillship, which will work off the coast of Brazil for Petrobras, the South American country’s energy giant.

about 1 year ago
Hibiscus platform in North Coast Marine Area (NCMA); Source: Shell
Exploration & Production

US axes Shell and BP’s licenses for cross-border gas fields

The U.S. Office of Foreign Assets Control (OFAC) has changed its mind about two special licenses – operated by the UK-headquartered Shell and BP, respectively – for gas fields straddling the maritime boundary between Venezuela and Trinidad and Tobago.

about 1 year ago
N05-A platform of ONE-Dyas; one of the few new gas projects in the Netherlands; Source: Element NL
Exploration & Production

North Sea gas key to stave off energy crisis as shortfalls loom, Element NL says

Element NL, an association of 12 oil and gas companies with a permit to explore or extract natural gas, is rolling up its sleeves, together with the Dutch Ministry of Climate and Green Growth and EBN, to enhance the permitting process to boost gas production in the North Sea against the backdrop of

about 1 year ago
Dover is a subsea tie-back to Appomattox, a Shell-operated production hub in the U.S. Gulf; Source: Shell
Exploration & Production

Shell brings more US barrels to market by kick-starting Gulf of America oil project

Shell has flipped the production switch on at its subsea tie-back oil project in the Gulf of America (GoA), formerly the U.S. Gulf of Mexico (GoM).

about 1 year ago
CF Industries, JERA and Mitsui partner on $4 billion ammonia project in US
Exploration & Production

CF Industries, JERA and Mitsui partner on $4 billion ammonia project in US

U.S. ammonia producer CF Industries has joined forces with Japanese giants JERA and Mitsui & Co. on a $4 billion low-carbon ammonia project in Louisiana, U.S.

about 1 year ago
Illustration; Source: Rystad Energy
Exploration & Production

Tight budgets and shrinking pool of oil & gas prospects reshape search for more hydrocarbons

Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays.

about 1 year ago
Rio Grande LNG terminal; Courtesy of NextDecade
Exploration & Production

Aramco firms up 20-year LNG offtake deal with US player

Aramco has signed a multi-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Houston-headquartered NextDecade Corporation, ensuring offtake from an LNG export project located in Texas, United States (U.S.).

about 1 year ago
Illustration: Source: Wood Mackenzie
Exploration & Production

Trump’s ‘economic revolution’ leaves US energy industry at tariff wars’ mercy

Wood Mackenzie has underlined that the U.S. power industry is among the most exposed areas to the shockwaves of U.S. President Donald Trump’s tariff hikes, which are forecast to result in a slower global growth and weaker demand for many commodities, including oil.

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

Ten-year renewal for ADES rig marks jack-up’s return to drilling work with Aramco

ADES has tucked a multi-year contract renewal in the Kingdom of Saudi Arabia (KSA) under its belt, which enables one of its previously suspended jack-ups to work for Aramco once again.

about 1 year ago
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