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Exploration & Production

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Authorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsRegulation & PolicyRules & RegulationFossil EnergyOil & GasRigsInfrastructureOutlook & StrategyProject & TendersVesselsFPSO & VesselsProduction & ProcessingSubseaVisionClean FuelLiquefied Natural GasOther FuelsMarket OutlooksCablingLow-Carbon TransitionEnvironmentTransition
PPF; Source: ConocoPhillips
Exploration & Production

Norway gives its blessing for $1.8 billion subsea redevelopment project

ConocoPhillips Skandinavia, a subsidiary of the U.S. energy giant ConocoPhillips, has made inroads in clearing regulatory requirements for its redevelopment project on the Norwegian Continental Shelf (NCS).

about 5 months ago
COSL Innovator rig; Source: COSL
Exploration & Production

North Sea wildcat on COSL rig’s drilling agenda for June

Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

about 5 months ago
COSL Innovator rig; Source: COSL
Exploration & Production

Seal of approval for North Sea oil & gas exploration with COSL rig on drilling duty

Norwegian state-owned energy giant Equinor has received authorization from the country’s authorities to embark on exploration drilling activities with one of COSL Drilling Europe’s semi-submersible rigs in the North Sea off the coast of Norway.

about 5 months ago
Valaris 123, former Ensco 123, jack-up rig; Source: Valaris
Exploration & Production

Valaris’ batch of rig deals lifts total contract backlog to $4.9 billion

Bermuda-incorporated offshore drilling contractor Valaris has secured new rig assignments and contract extensions in Brazil, Brunei, Indonesia, and the UK and Dutch sectors of the North Sea.

about 5 months ago
Saipem’s Castoro 10 starts pipelaying on Romania’s €4 billion natural gas project
Exploration & Production

Saipem’s Castoro 10 starts pipelaying on Romania’s €4 billion natural gas project

Saipem’s 165-meter-long pipelay vessel Castoro 10 has begun the construction of an offshore pipeline in the Romanian part of the Black Sea that will transport natural gas from an offshore production platform to shore as part of the Neptun Deep project. With estimated investments of up to €4 billion,

about 5 months ago
Illustration; Credit: Morten Berentsen/NOD
Exploration & Production

70 more offshore exploration blocks widen Norway’s new oil & gas licensing round

Norway’s Ministry of Petroleum and Energy has shed light on the expanded award in pre-defined areas 2026 (APA 2026) round for oil and gas exploration activity, encompassing the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and Barents Sea.

about 5 months ago
Kvitebjørn - Equinor - Wellesley
Exploration & Production

Aker Solutions on FEED duty for North Sea gas condensate discovery

Norway-based energy services provider Aker Solutions has lined up a new front-end engineering and design (FEED) assignment for a gas condensate subsea tie-in development project in the Norwegian sector of the North Sea with the country’s state-owned energy giant Equinor.

about 5 months ago
Gina Krog; Source: Orlen
Exploration & Production

North Sea field’s start-up augments Europe’s gas arsenal 48-years after discovery

Norwegian state-owned energy giant Equinor has brought online a subsea tie-back development in the North Sea off the coast of Norway, unleashing more gas supplies for the European market.

about 5 months ago
18 companies secure a share of €1.56 billion as Equinor extends key agreements
Exploration & Production

18 companies secure a share of €1.56 billion as Equinor extends key agreements

Norwegian state-owned energy giant Equinor is extending key supplier agreements for drilling and well services on the Norwegian Continental Shelf (NCS) with a combined value of around NOK 17 billion (approximately €1.56 billion), set to employ around 2,500 people. Equinor reported today, May 4, that

about 5 months ago
Illustration: Source: Wood Mackenzie
Exploration & Production

Gulf LNG export woes push gas prices up but diversification becomes Europe’s energy lifeline

Given the supply shock that hit the global liquefied natural gas (LNG) markets as a result of the Middle East conflict, Wood Mackenzie, an energy intelligence group, has pointed out that this disruption, which led to a gas price surge, failed to rattle Europe thanks to its investment in diversified

about 5 months ago
Illustration; Source: Wood Mackenzie
Exploration & Production

Oil & gas firms step up exploration game to tackle supply shortfall by 2050

As global exploration and production (E&P) players are facing a 40% output drop, Wood Mackenzie, an energy intelligence group, has pointed out that oil and gas companies are increasing high-impact exploration investment to address the 300-billion-barrel supply gap and energy security priorities by 2

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

Probe into offshore rig incident uncovers serious breaches

Scotland-headquartered offshore drilling contractor Odfjell Drilling has been served with an order from Norway’s offshore safety regulator, which investigated an incident that resulted in an injury at a semi-submersible rig deployed on the Norwegian Continental Shelf (NCS).

about 5 months ago
JDR’s umbilicals to travel from UK to Australian gas project
Exploration & Production

JDR’s umbilicals to travel from UK to Australian gas project

UK-based JDR Cable Systems, part of TFKable Group, has secured a contract with Australian independent operator Amplitude Energy for the supply of subsea control umbilicals. JDR will supply approximately 18 kilometers of hydraulic control umbilicals, with options for a further 13 kilometers, subject

about 5 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Exploration & Production

North Sea oil & gas seen as linchpin of UK’s energy security and net zero transition

Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has portrayed the oil and gas production from the North Sea as a backbone of the nation’s security of supply to prevent over-reliance on imports and continue to pursue and implement the transition to a low-carbon and

about 5 months ago
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