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Exploration & Production

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Exploration & Production

ExxonMobil’s oil & gas exploration gets uplift with ‘cutting-edge’ 4D seismic tech and supercomputer

ExxonMobil is buoyed by the possibility of cutting seismic processing time from months to weeks with 4D seismic technology, in combination with high-performance computing (HPC), which will bolster the firm’s subsurface capabilities.

about 1 year ago

Exploration & Production

Nigerian player sets sights on offshore production ramp-up, targeting 20+ wells in 2025

Nigeria’s oil and gas company Seplat Energy aims to drive transformation in Nigeria, partly by increasing offshore oil and gas production in 2025.

about 1 year ago

Exploration & Production

Vast secures conditional funding for clean energy project in Port Augusta

Vast Renewables has secured up to A$180 million (approximately $113.3 million) of conditional funding from ARENA for the construction of its utility-scale clean energy project Vast Solar 1 (VS1), part of the Port Augusta Green Energy Hub, which also includes green methanol production facility Solar

about 1 year ago

Neptun Deep project's offshore platform simulation; Credit: OMV Petrom

Exploration & Production

New partner comes on board Black Sea block with drilling activities due in 2025

OMV Petrom has welcomed NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, as its new partner in an offshore block in Bulgaria’s part of the Black Sea ahead of the upcoming hydrocarbon exploration activities, which are anticipated to start at the block this year.

about 1 year ago

Exploration & Production

FPSO sets its sails toward North Sea project with oil production extension to 2045 in mind

Vår Energi has confirmed the tow-out of a floating production, storage and offloading (FPSO) vessel from the Worley Rosenberg yard to a field in the North Sea off the coast of Norway.

about 1 year ago

Exploration & Production

US oil & gas operator splashes millions on BW Offshore FPSO to unlock cost savings

Murphy Oil Corporation has set the wheels in motion to buy BW Offshore’s FPSO, which is working at its asset in the Gulf of America, former the U.S. Gulf of Mexico.

about 1 year ago

Exploration & Production

Técnicas Reunidas, Siemens Energy win FEED contract for Reolum’s e-methanol project in Spain

Reolum has awarded Técnicas Reunidas and Siemens Energy the front-end engineering design (FEED) of the La Robla Green project.

about 1 year ago

Selene prospect was drilled with the Valaris 123 jack-up rig; Source: Valaris

Exploration & Production

Shell’s North Sea gas discovery ‘commercially robust’ with FID on the cards for 2027

Shell is eyeing a field development plan (FDP) and a final investment decision (FID) in 2027 for its recent natural gas discovery in the North Sea, which is situated on the UK Continental Shelf (UKCS).

about 1 year ago

FLNG mooring job for Eni's Congo LNG project; Source: GEOCEAN

Exploration & Production

Unshackling Africa’s gas reserves with offshore ops to slot in floating LNG unit

The stage has been set to embark on offshore activities to put a mooring system for a floating liquefied natural gas (FLNG) unit in place off the coast of Congo, Africa.

about 1 year ago

Deepsea Atlantic rig; Source: Odfjell Drilling

Exploration & Production

North Sea wildcat pair on Odfjell rig’s drilling agenda for April

Equinor has secured a drilling permit for two exploration wells in the North Sea off the coast of Norway, which are slated to be drilled next month using a semi-submersible rig owned by Odfjell Drilling.

about 1 year ago

Exploration & Production

Delays in plug & abandonment work may put $5.5 billion on UK decom tab

With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by $5.5 billion.

about 1 year ago

Exploration & Production

‘Energy addition’ strategy in action: US hands out extension to another LNG export project

The U.S. Department of Energy (DOE) has given its fourth blessing for a liquefied natural gas (LNG) project since the return of President Donal J. Trump to the White House, prolonging the timeline to kick off LNG exports from a terminal off the coast of Louisiana, USA.

about 1 year ago

Exploration & Production

Port of Newcastle strengthens ties with MHI to advance Clean Energy Precinct project

Australia’s Port of Newcastle has signed a formal advisory agreement with Japan’s Mitsubishi Heavy Industries (MHI) to advance its Clean Energy Precinct (CEP) project.

about 1 year ago

Researchers from Observatoire Océanologique de Banyuls-sur-Mer have completed the first environmental sampling mission for the French renewable energy company Solarin Blue’s Méga Sète offshore floatin

Exploration & Production

First environmental sampling conducted for offshore floating solar in Sète

Researchers from Observatoire Océanologique de Banyuls-sur-Mer have completed the first environmental sampling mission for the French renewable energy company Solarin Blue’s Méga Sète offshore floating solar project. According to SolarinBlue, the assessment, carried out off the coast of the Port de

about 1 year ago