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Exploration & Production

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Fossil EnergyOil & GasProduction & ProcessingSubseaBusiness & FinanceBusiness Developments & ProjectsOutlook & StrategyRigsMarket OutlooksProject & TendersCollaborationAuthorities & GovernmentRegulation & PolicyFPSO & VesselsLiquefied Natural GasVesselsClean FuelOther Fuels
Illustration; Source: Archer
Exploration & Production

Archer acquires Scottish firm to expand subsea and rigless P&A capabilities

Oslo Stock Exchange-listed oil services company Archer is set to acquire isol8, a Scottish well technology company focused on alloy-based barrier solutions and advanced materials for use in well completions, intervention, and plug and abandonment (P&A). The completion of the transaction is expected

about 5 months ago
Ran jack-up rig; Source: FOSS & ESG; Credit: Borr Drilling
Exploration & Production

Borr Drilling’s CEO: Middle East conflict brings uncertainty but empowers long-term rig outlook

Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has secured 13 contracts year-to-date, enhancing its backlog by adding 2,250 days and $274 million in jack-up rig deals.

about 5 months ago
Troll A platform in North Sea; Credit: Jan Arne Wold and Elisabeth Sahl/Equinor
Exploration & Production

Equinor-Aker BP pact accelerating development of oil & gas discoveries

Two Norwegian energy players, Equinor and Aker BP, have forged a strategic alliance to augment future production and value creation across selected parts of their oil and gas portfolios on the Norwegian Continental Shelf (NCS), enabling them to better align ownership interests, support coordinated d

about 5 months ago
Scarabeo 8; Source: Saipem
Exploration & Production

Light turns green for North Sea drilling ops with Saipem rig

Norwegian oil and gas player Aker BP has obtained a drilling permit for an exploration well in the Norwegian sector of the North Sea, which is slated to be drilled next month using a semi-submersible rig owned by Italy’s Saipem.

about 5 months ago
Poland-bound FSRU; Source: Gaz-System
Exploration & Production

FSRU launch bringing Europe’s next terminal closer to completion

Poland’s gas transmission system operator (TSO), Gaz-System, has unveiled a new milestone in the construction of a new floating storage and regasification unit (FSRU), destined to be part of a liquefied natural gas (LNG) terminal located in the Gulf of Gdańsk.

about 5 months ago
Troll A platform in North Sea; Credit: Jan Arne Wold and Elisabeth Sahl/Equinor
Exploration & Production

More Norwegian gas fuelling Germany’s energy security with Equinor-Eneco deal

Norway’s state-owned energy giant Equinor has struck a multi-year agreement with the Netherlands-based energy company Eneco for the supply of Norwegian gas to the Dutch player’s wholly owned German subsidiary, LichtBlick.

about 5 months ago
Rendering of a future LNG terminal
Exploration & Production

Argent LNG and BOTAŞ shake on US LNG deal to enrich Türkiye’s energy arsenal

Argent LNG, a U.S.-based liquefied natural gas (LNG) export developer headquartered in Louisiana, has signed on the dotted line with Boru Hatları ile Petrol Taşıma A.Ş. (BOTAŞ), the state-owned natural gas company of the Republic of Türkiye, to supply LNG to Türkiye.

about 5 months ago
N05-A platform in the North Sea; Source: One-Dyas
Exploration & Production

More North Sea drilling ops on Eni and ONE-Dyas’ Dutch agenda

The Netherlands-based exploration and production player ONE-Dyas and Italy’s energy giant Eni are expected to undertake more offshore drilling activities in the Dutch sector of the North Sea before the year ends.

about 5 months ago
Shelf Drilling Winner jack-up rig; Source: Shelf Drilling
Exploration & Production

ADES’ 2014-built rig turns one-year North Sea gig into three-year drilling job

ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has secured a long-term extension for a drilling assignment its 12-year-old jack-up rig is undertaking in the Dutch sector of the North Sea.

about 5 months ago
Deepsea Yantai; Source: Odfjell Drilling
Exploration & Production

DNO in the clear for drilling ops with Odfjell Drilling-managed rig

Norway’s oil and gas player DNO has received the go-ahead from the country’s authorities for drilling activities in the Norwegian Sea with a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.

about 5 months ago
Transocean Encourage rig; Source: Transocean
Exploration & Production

Seal of approval for Equinor’s drilling ops with Transocean’s 2016-built rig

Norway’s state-owned energy giant Equinor has received clearance from the Norwegian authorities to conduct drilling activities on the Norwegian Continental Shelf (NCS) with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 5 months ago
BP and SOCAR boost energy collaboration with new MOU; Source: Meg O'Neill via LinkedIn
Exploration & Production

BP and SOCAR fortify energy ties

UK-headquartered energy giant BP and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed on the dotted line to strengthen their energy bonds.

about 5 months ago
FPSO Johan Castberg; Source: Equinor
Exploration & Production

Norwegian oil & gas cash flow surpasses $74 billion as investment bill hits $30.71B

As the Norwegian Continental Shelf (NCS) continues to attract new investments into oil and gas exploration and production (E&P) activities amid the global energy security concerns spurred by the Middle East conflict, Norway has upped its net cash flow ante from the petroleum sector, with billions ad

about 5 months ago
Paul B. Loyd Jr. rig; Source: Dolphin Drilling
Exploration & Production

Dolphin Drilling’s 1990-built rig scores North Sea job as 1974-built semi-sub stays in India

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of three harsh environment mid-water and deep-water semi-submersible drilling rigs, has firmed up a multimillion-dollar assignment for its 36-year-old semi-submersible rig on the UK Continental Shelf (UKCS), while

about 5 months ago
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