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Exploration & Production

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Transocean Norge; Source: Transocean
Exploration & Production

OMV all set to embark on drilling activities with Transocean rig

OMV has secured a drilling permit from Norway’s authorities for exploration drilling in the Norwegian Sea, using one of Transocean’s rigs.

about 3 years ago
Noble Deliverer semi-sub rig; Source: Noble
Exploration & Production

Recent global rig deals push Noble’s backlog to $5 billion as market tightens with higher day rates in the wind

Noble has secured a new contracts and extensions for its rigs in Brazil, Mauritania, Suriname, Malaysia, Australia, Norway, and the UK.

about 3 years ago
Uranus rig; Source: Trillion Energy
Exploration & Production

With current Black Sea drilling campaign drawing to a close, next one slated for mid-2024

Trillion Energy is nearing the end of the first phase of its multi-well drilling campaign on a natural gas field in the Black Sea off Türkiye.

about 3 years ago
Shelf Drilling Fortress jack-up rig; Source: Shelf Drilling
Exploration & Production

New North Sea gig for Shelf Drilling jack-up rig

Shelf Drilling has been awarded a new contract for one of its jack-up rigs by CNOOC Petroleum Europe Limited for operations on the UKCS.

about 3 years ago
Cygnus Alpha in North Sea (for illustration purposes); Source: Neptune Energy
Exploration & Production

Are Britain’s green and low-carbon ambitions hanging by a thread?

A deep dive into the recent developments in the UK and the way the energy industry feels about their potential impact on net-zero aspirations.

21 minutes read
Argos semi-submersible offshore platform in the U.S. Gulf of Mexico; Source: BP
Exploration & Production

BP’s profit takes a hard hit while oil & gas keep flowing and energy transition gathers speed

BP has revealed solid results for the second quarter of 2023, however, this represents a 70 per cent decrease on a year-over-year basis.

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

North Sea gas supports both energy security and net-zero goals, says UK regulator

North Sea Transition Authority’s new analysis shows that domestically produced gas is significantly cleaner than the imported LNG.

about 3 years ago
Askeladden rig; Source: Equinor
Exploration & Production

Equinor receives nod for North Sea drilling ops

Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway, using a KCA Deutag Drilling-managed rig.

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

Eni’s profit cut nearly in half but progress made on enlarging natural gas portion of global portfolio

Eni has revealed solid performance in 2Q and 1H 2023, despite its results being affected by a steep drop in oil and gas prices.

about 3 years ago
Paul B. Loyd Jr. rig; Source: Transocean
Exploration & Production

Fleet expansion with two Transocean rigs represents harbinger of growth for Dolphin Drilling

Dolphin Drilling regards its acquisition of two semi-submersible rigs from Transocean as the herald of further growth not just in the UK but also on the global stage.

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

As oil & gas prices tumble down from 2022 highs, Shell’s profit follows suit

Shell’s profit has been cut by more than half year-on-year, compared to the record high levels reported last year.

about 3 years ago
TotalEnergies
Exploration & Production

TotalEnergies’ profit hit by downturn in oil & gas prices but multi-energy model saves the day

TotalEnergies has disclosed strong results for the second quarter and first half of 2023, thanks to its multi-energy strategy.

about 3 years ago
Stena Spey rig; Source: Stena Drilling
Exploration & Production

With hydrocarbons present, results of North Sea well found to be ‘encouraging’

Ithaca Energy has revealed more information about the results of its exploration drilling at the K2 prospect, located in the North Sea.

about 3 years ago
Energy Industries Council (EIC)
Exploration & Production

Are net-zero aspirations in jeopardy with oil & gas boom at full tilt?

The global oil and gas industry has embarked on a growth upcycle, raising concerns that this is putting net-zero 2050 commitments at risk.

about 3 years ago
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