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Exploration & Production

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Illustration; Source: MODEC
Exploration & Production

MODEC calling the shots for new Guyana-bound FPSO destined for ExxonMobil’s 7th oil & gas project

ExxonMobil has put Japan’s MODEC in charge of a new floating production, storage, and offloading (FPSO) unit to be deployed on its seventh oil project in the Stabroek block off the coast of Guyana.

about 1 year ago
Atlantic Zonda drillship; Source: Pelago Management
Exploration & Production

Seventh-gen drillship kicks off its maiden drilling gig with Petrobras

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A newbuild ultra-deepwater drillship, managed by Ventura Offshore Midco, a subsidiary of the Brazilian deepwater offshore drilling contractor Ventura Offshore, has started its inaugural offshore drilling assignment in Brazilian waters with the South American country’s energy giant Petrobras.

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

Energy dominance mission prompts US to supersede current offshore oil & gas leasing program

The U.S. Department of the Interior (DOI) is on a quest to fulfill the Trump administration’s energy dominance dreams by laying the groundwork to revise the scaled-back oil and gas leasing program, which comes with only three lease sales up to 2029.

about 1 year ago
Saipem 10000; Source: Saipem
Exploration & Production

Two more wells on Eni’s drilling agenda at Mediterranean gas field

With gas production increase in mind, Italy’s energy giant Eni is set on drilling two additional wells at a natural gas field in the Mediterranean off the coast of Egypt.

about 1 year ago
Rendering of the proposed LNG terminal; Source: LNG Alliance
Exploration & Production

20-year LNG offtake deal set to lend a hand in cinching Asia’s energy security

Amigo LNG, a Mexican subsidiary of Singapore’s LNG Alliance, has secured a multi-year sales and purchase agreement (SPA) with Sahara Group, an energy and infrastructure conglomerate, for the supply of liquefied natural gas (LNG) from its liquefaction facility under development on Mexico’s West Coast

about 1 year ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Exploration & Production

ADNOC inks UAE’s ‘largest LNG deal by volume’ with Chinese player

ADNOC has signed a multi-year gas deal with ENN for liquefied natural gas (LNG), which will be sourced from the former’s giant low-carbon LNG project, currently under development.

about 1 year ago
French PM confirms €149 million grant for Lhyfe’s green hydrogen plant near Le Havre
Exploration & Production

French PM confirms €149 million grant for Lhyfe’s green hydrogen plant near Le Havre

The French Prime Minister (PM) has officially confirmed, by signature, a €149 million grant for Lhyfe’s future green hydrogen production plant located near the Grand Canal of Le Havre, one of Europe’s largest industrial port areas.

about 1 year ago
TSC Subsea has secured a multi-year contract in Brazil for subsea phased array (SPA) inspection of circumferential welds on rigid subsea pipelines.
Exploration & Production

UK firm lands multi-year ultra-deepwater weld inspection contract in Brazil

UK provider of remotely deployed subsea inspections, TSC Subsea, has secured a multi-year contract in Brazil for subsea phased array (SPA) inspection of circumferential welds on rigid subsea pipelines, covering both flowline and riser sections at depths of up to 3,000 meters. According to TSC Subsea

about 1 year ago
Cape Horn Engineering has delivered one of the most accurate and computationally efficient results in a blind tidal turbine validation study, part of a benchmarking initiative funded by the UK’s Engin
Exploration & Production

Cape Horn Engineering joins EPSRC-backed effort to improve tidal turbine modeling (Video)

The UK-based marine technology consultant Cape Horn Engineering has delivered what it described as one of the most accurate and computationally efficient results in a blind tidal turbine validation study, part of a benchmarking initiative funded by the UK’s Engineering and Physical Sciences Research

about 1 year ago
Ocean energy continued to advance towards commercialization in 2024, with new data from Ocean Energy Europe (OEE) showing growth across tidal and wave technology pipelines.
Exploration & Production

Commercialization in sight: Europe’s ocean energy pipeline to hit 165 MW in next five years

Ocean energy continued to advance towards commercialization in 2024, with new data from Ocean Energy Europe (OEE), a network of ocean energy professionals, showing growth across tidal and wave technology pipelines. According to OEE, the pipeline of pre-commercial tidal energy projects expanded furth

about 1 year ago
New partnership looking to decarbonize Indonesia’s maritime sector with hydrogen solutions
Exploration & Production

New partnership looking to decarbonize Indonesia’s maritime sector with hydrogen solutions

PT HDF Energy Indonesia has signed a memorandum of understanding (MoU) with the Indonesian Ministry of Transportation, PT PLN (Persero) and PT ASDP Indonesia Ferry (Persero) to explore decarbonizing Indonesia’s maritime sector using locally produced green hydrogen.

about 1 year ago
Large vessel docked offshore
Exploration & Production

Inaugural cargo lifted from FLNG at BP’s African deepwater project

The UK-headquartered oil and gas giant BP has loaded the first liquefied natural gas (LNG) cargo from its project offshore Mauritania and Senegal onto an LNG carrier.

about 1 year ago
Design concept for grid scale Porpoise Power tidal energy unit.
Exploration & Production

UK firm raises almost $1.6M to scale dolphin-inspired tidal energy tech (Video)

Porpoise Power, a tidal energy spin-out from the University of Oxford, has exited stealth with a £1.2 million (approximately $1.58M) pre-seed round led by Zero Carbon Capital (ZCC), alongside Creator Fund and Oxford Science Enterprises (OSE). According to ZCC, the UK startup is developing a bio-ins

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

SBM Offshore FPSO’s miles-long journey ends in Guyana as first oil date approaches (Gallery)

SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has bid welcome to its new FPSO vessel destined for ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana.

about 1 year ago