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Exploration & Production

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Fossil EnergyLNGLow-Carbon TransitionOil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageEnvironmentMarket OutlooksOutlook & StrategyProject & TendersRegulation & PolicyTransitionAlternative FuelsAmmoniaClean FuelGreen MarineHydrogenCollaborationFPSO & VesselsOther FuelsVisionRigsOffshore WindRules & Regulation
Illustration; Source: International Energy Agency (IEA)
Exploration & Production

Coming to grips with a mixed bag of energy transition expectations

As COP28 nears, concerns surrounding climate change are heating up and the pressure on the oil and gas industry is mounting day in, day out.

12 minutes read
Gina Krog platform in North Sea; Source: Øyvind Torjusen/Equinor
Exploration & Production

Equinor hands over development plan for multi-million gas tie-back in North Sea

Equinor has submitted a plan for the development and operation (PDO) for a gas discovery in the North Sea.

about 3 years ago
OCI inks green H2 supply deal with NFE to boost its green NH3 production
Exploration & Production

OCI inks green H2 supply deal with NFE to boost its green NH3 production

Dutch producer and distributor of hydrogen-based products OCI Global and U.S. energy company New Fortress Energy (NFE) have signed an agreement for OCI to offtake green hydrogen from NFE’s ZeroParks beginning in 2025, following a competitive bidding process. OCI said that green hydrogen will be prod

about 3 years ago
SBM Offshore's Fast4Ward FPSO design; Source: SBM Offshore
Exploration & Production

On mission to decarbonise FPSO ops, SBM Offshore and MHI offer CO2 capture solution

SBM Offshore has joined forces with Japan’s Mitsubishi Heavy Industries Ltd. (MHI) to offer a CO2 capture solution for a floating production, storage, and offloading (FPSO) vessels while they produce oil and gas from offshore reservoirs.

about 3 years ago
ETAP facility in the North Sea; Source: BP
Exploration & Production

BP cheers stamp of approval for oil & gas project in North Sea

BP has received the green light from Britain’s government to proceed with its proposed development of an oil and gas field in the UK sector of the North Sea.

about 3 years ago
OCI Global eyes increase in green methanol production capacity in U.S.
Exploration & Production

OCI Global eyes increase in green methanol production capacity in U.S.

Dutch producer and distributor of hydrogen-based products OCI Global has revealed plans to double its green methanol production capacity to approximately 400,000 metric tons per year in response to the growing demand for green methanol from numerous high-emissions industries, including shipping. Acc

about 3 years ago
Illustration; Credit: Morten Berentsen/NPD
Exploration & Production

Norway wants to see oil & gas and renewables ‘thriving’ side-by-side

The Norwegian Petroleum Directorate (NPD) has underlined the importance of the coexistence of multiple energy industries on the NCS.

about 3 years ago
Boyko towers; Source: Ukraine’s military intelligence authorities
Exploration & Production

WATCH: Ukraine seizes control over Black Sea oil & gas drilling platforms from Russia

Following a military operation, Ukraine has brought back into its fold platforms in the Black Sea off the coast of Crimea.

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Exploration & Production

UK’s oil & gas, offshore wind, CCS, and hydrogen investments to hit whopping £200 billion by 2030

The UK’s total offshore energy investment in oil, gas, renewables and low-carbon energies could reach £200 billion this decade.

about 3 years ago
Illustration; Source: UN
Exploration & Production

‘Demonisation’ of oil & gas seen as misleading: Is CO2 the main culprit responsible for climate change or the sun?

Three new research papers point a potential finger at the changes in solar activity as the primary cause of climate change.

13 minutes read
Deepsea Stavanger rig; Source: Odfjell Drilling
Exploration & Production

Gears in motion for Aker BP to spud North Sea prospects with Odfjell rig

Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea, using Odfjell Drilling’s rig.

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Exploration & Production

With UK’s oil & gas industry on decarbonisation quest, more investment needed to tackle challenges ahead

Offshore Energies UK (OEUK) has welcomed the progress the UK oil and gas industry made in curbing emissions.

about 3 years ago
Noble Highlander jack-up rig (for illustration purposes); Source: Noble Corporation
Exploration & Production

International offshore rig count continues its upward trend

Baker Hughes’ international rig count report shows a further increase in the number of offshore rigs in August 2023, as 4 additional units were recorded compared to the month before.

about 3 years ago
Illustration; Source: North Sea Transition Authority
Exploration & Production

Will UK pull out of energy treaty now or wait to see if low-carbon and green provisions will be woven into its fabric?

The UK is set on reviewing its Energy Charter Treaty membership, which will enable it to consider withdrawal as an outcome of the review.

11 minutes read
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