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Exploration & Production

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Fossil EnergyOil & GasRigsBusiness & FinanceBusiness Developments & ProjectsFPSO & VesselsProject & TendersEnvironmentSafetyProduction & ProcessingSubseaOutlook & StrategySurveys & InterventionsClean FuelLiquefied Natural GasLow-Carbon TransitionOther FuelsCarbon Capture Usage & StorageCollaboration
Labin rig; Source: INA
Exploration & Production

First of five wells in €65 million North Adriatic drilling campaign yields more gas

Zagreb-headquartered INA Group, a member of the MOL Group, has found gas at the first well in its multi-well drilling campaign on its North Adriatic gas field off the coast of Croatia.

about 2 months ago
FPSO Energean Power works at the Karish field offshore Israel; Source: Energean
Exploration & Production

Second FPSO oil train boosts Brent-linked production growth

London-based oil and gas player Energean has put into operation a second oil train on a floating production, storage, and offloading (FPSO) vessel deployed at a field off the coast of Israel.

about 2 months ago
Naga 8 jack-up rig; Source: Velesto
Exploration & Production

Chevron books Velesto’s 2015-built rig on multimillion-dollar gig in Southeast Asia

Velesto Drilling, a wholly-owned subsidiary of Malaysia’s Velesto Energy, owner of premium jack-up rigs, has secured a deal to provide a jack-up rig for a drilling campaign off the coast of Malaysia, Southeast Asia.

about 2 months ago
Man with a hardhat with words "Chevron" on it with an offshore rig in the background
Exploration & Production

Chevron’s Cypriot gas project edges closer toward binding supply deal with Egypt

Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have made inroads in securing a binding agreement for the sale of gas to Egypt from an offshore gas field reservoir in Block 12, located in the Eastern Basin of the Medite

about 2 months ago
Illustration; Source: ADNOC
Exploration & Production

$6.2-billion FID enables ADNOC, TotalEnergies, Eni, and CNPC to unleash more gas

ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), and its partners – France’s TotalEnergies, Italy’s Eni, and China National Petroleum Corporation (CNPC) – have unveiled a final investment decision (FID) for a development project in the Umm Shaif and Nasr offshore concession in

about 2 months ago
Tyra II; Source: TotalEnergies
Exploration & Production

Vår Energi-BlueNord merger forging Europe’s new independent oil & gas producer

Norwegian oil and gas player Vår Energi has sealed a business combination deal with BlueNord, breathing life into what is described as the largest independent producer of oil and gas in Europe.

about 2 months ago
Petronius; Source Chevron
Exploration & Production

Chevron turns production switch off at US Gulf asset ahead of Tropical Storm Bertha

Houston-headquartered energy giant Chevron has shut down production at its asset in the U.S. Gulf and taken other storm-related measures to get ready for the arrival of Tropical Storm Bertha, which continues to gain momentum.

about 2 months ago
Oceaneering strengthens 20-year presence in Qatar with new five-year contract
Exploration & Production

Oceaneering strengthens 20-year presence in Qatar with new five-year contract

Oceaneering International has won a five-year inspection and asset integrity services contract in Qatar, a country it has been operating in for more than 20 years. Awarded following a competitive tender process, the contract includes two optional one-year extensions and has been awarded to Oceaneeri

about 2 months ago
Shelf Drilling Fortress departing Invergordon
Exploration & Production

ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters

ADES Holding Company, an oil and gas drilling services provider that is part of Saudi Arabia-headquartered ADES Group, has landed new multimillion-dollar assignments for two jack-up rigs in Africa and Europe.

about 2 months ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Exploration & Production

Odfjell Drilling’s rig remaining with Norwegian oil & gas operator for another year

Odfjell Drilling, a 53-year-old offshore drilling player, has won a contract extension with Norway’s oil and gas player Aker BP for a 2019-built semi-submersible rig, which is working on the Norwegian Continental Shelf (NCS).

about 2 months ago
FPSO Cidade de Itajaí; Source: Altera Infrastructure
Exploration & Production

Karoon boosts Brazilian field’s oil output with all wells now online

Karoon Energy, an ASX-listed international oil and gas exploration and production company, has brought back on stream another well at an oil field off the coast of Brazil.

about 2 months ago
Fugro to start offshore survey program in Timor-Leste this year
Exploration & Production

Fugro to start offshore survey program in Timor-Leste this year

Dutch Fugro has won a contract to perform a survey program offshore Timor-Leste that will support the planning and development of critical offshore energy infrastructure associated with two gas developments. Fugro will deliver an extensive offshore site characterization program, including geophysica

about 2 months ago
Abadi LNG development concept; Source: Inpex
Exploration & Production

$21 billion Asian LNG project enters construction phase with groundbreaking ceremony

A groundbreaking ceremony has kicked off construction of a multibillion-dollar liquefied natural gas (LNG) project, operated by Inpex Masela, a subsidiary of Japan’s Inpex, in Indonesia’s Masela block, Asia.

about 2 months ago
Rendering of a future LNG terminal
Exploration & Production

Argent LNG, Naftogaz pool resources to look into multi-path LNG supply and distribution

Argent LNG, a U.S.-based liquefied natural gas (LNG) export developer headquartered in Louisiana, has signed off on a cooperation with Ukraine’s state-owned energy company Naftogaz Group to establish a framework agreement to explore long-term U.S. LNG offtake, transportation, and distribution cooper

about 2 months ago
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