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Exploration & Production

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Fossil EnergyFPSO & VesselsOil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersMarine EnergyTidal & Wave EnergyEquipmentOperations & MaintenanceResearch & DevelopmentProduction & ProcessingSubseaCollaborationOutlook & StrategyLiquefied Natural GasLow-Carbon TransitionAuthorities & GovernmentEnvironmentRegulation & PolicyRules & RegulationTransitionRigs
FPSO Baobab Ivoirien; Source: Drydocks World
Exploration & Production

MODEC puts Drydocks World in charge of FPSO revamp

Drydocks World has been tasked with refurbishment and life extension works to enable a new lease on life for a floating production, storage, and offloading (FPSO) vessel, which is expected to stay at its post in West Africa for 15 more years once the enhancement activities are out of the way.

about 1 year ago
The ACHIEVE team is advancing preparations for the deployment of its CETO wave energy prototype in Spain at the Biscay Marine Energy Platform.
Exploration & Production

ACHIEVE program’s team prepares for wave energy prototype deployment in Spain

The ACHIEVE program’s team is progressing with preparations for the deployment of the CETO wave energy prototype in Spain at the Biscay Marine Energy Platform (BiMEP), securing drivetrain components and moving forward with fabrication. According to EuropeWave, key milestones include the procurement

about 1 year ago
ETAP facility in the North Sea; Source: BP
Exploration & Production

North Sea operator makes a play for JAPEX’s UK arm to fortify its stake in BP’s oil asset

Ithaca Energy, a North Sea oil and gas operator and producer, has set the wheels in motion to get its hands on JAPEX UK E&P (JUK) from Japan Petroleum Exploration (JAPEX), which will enable it to boost its interest in a BP-operated oil field on the UK Continental Shelf (UKCS).

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

Oil & gas drilling adds another hydrocarbon find to Petrobras’ Brazilian arsenal

Petrobras has made a new hydrocarbon discovery at an exploration well in the pre-salt Campos Basin off the coast of Brazil, South America.

about 1 year ago
TechnipFMC wins big for third phase of Norway’s third-largest oil field
Exploration & Production

TechnipFMC wins big for third phase of Norway’s third-largest oil field

TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract with Norwegian state-owned energy giant Equinor for the third phase of what is said to be the third largest oil field on the Norwegian Continental Shelf (NCS). As part of the contract defin

about 1 year ago
Cedar LNG artist's rendering - View looking south from above Douglas Channel towards the proposed facility and docked LNG carrier; Source: Cedar LNG
Exploration & Production

Canada throws its weight behind $4 billion hydro-powered floating LNG project

The Canadian government has handpicked Cedar LNG, a partnership between the Haisla Nation and Canadian energy infrastructure player Pembina Pipeline Corporation, to be on the receiving end of millions in support for a floating liquefied natural gas (LNG) (FLNG) facility.

about 1 year ago
FPSO Jotun; Source: Vår Energi
Exploration & Production

Green light for Vår Energi to use FPSO destined for North Sea oil project

Norwegian offshore safety regulator has given Vår Energi consent to take advantage of living quarters, helicopter decks, and cranes on a floating production, storage, and offloading (FPSO) vessel revamped for deployment at a field in the North Sea off the coast of Norway.

about 1 year ago
Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling
Exploration & Production

Equinor all set for North Sea oil & gas exploration ops with Odfjell Drilling rig

Equinor has received the go-ahead from the country’s authorities to use one of Odfjell Drilling’s semi-submersible rigs for drilling operations at a block in the North Sea off the coast of Norway.

about 1 year ago
Sea Lion FPSO and Phase 1 & 2 development layout; Source: Navitas
Exploration & Production

Falkland Islands’ $1.4. billion oil project remains on track for FID in mid-2025

Israel’s Navitas Petroleum is still anticipating a final investment decision (FID) for Phase 1 of its giant oil project in the North Falkland Basin (NFB) mid-year.

about 1 year ago
MOPU Tchatamba-A and FSO Madiela at the Tchatamba Marine-1 field approximately 100 miles southwest of Port Gentil in the Gulf of Guinea; Source: MODEC
Exploration & Production

Tullow Oil parting ways with oil assets in Gabon for $300 million

Tullow Oil, an independent energy company with operations in West Africa, has inked binding heads of terms agreement for a $300 million net of tax sale of Gabon assets to Gabon Oil Company.

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

Shell’s deepwater project offshore Brazil is a go with first Gato do Mato gas due in 2029

Shell has taken a final investment decision (FID) for its deepwater development project in the pre-salt area of the Santos Basin off the coast of Brazil.

about 1 year ago
Deepsea Mira rig works for TotalEnergies off the coast of Namibia; Source: Odfjell Drilling
Exploration & Production

Namibia sets the stage for new offshore oil & gas licensing round and drilling plays

As multiple drilling campaigns are poised to shape Africa’s energy future this year, the African Energy Chamber (AEC), which serves as the voice of the energy sector in Africa, has opted to shine a light on the offshore oil and gas drilling programs and licensing opportunities in Namibia.

about 1 year ago
Rio Grande LNG terminal; Courtesy of NextDecade
Exploration & Production

Court changes its mind: Construction of American LNG project emerging out of legal woods

Houston-headquartered energy player NextDecade Corporation has cheered the revised court judgment regarding its liquefied natural gas (LNG) export projects at the Port of Brownsville, Texas. The decision is perceived to remove the question mark hanging over the construction of this LNG project, whic

about 1 year ago
Noble Resolute; Source: Petrogas
Exploration & Production

Noble rig instrumental to Petrogas’ gas extraction ‘milestone’ in Dutch waters

Petrogas has tucked a new natural gas extraction achievement under its belt off the coast of the Netherlands, thanks to drilling operations undertaken with one of Noble Corporation’s harsh environment jack-up rigs.

about 1 year ago
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