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Exploration & Production

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Exploration & Production

Masdar and Lhyfe partner up for large-scale hydrogen projects in Europe

Abu Dhabi Future Energy Company (Masdar) and French renewable hydrogen producer Lhyfe have entered a memorandum of understanding (MoU) to explore potential co-development opportunities in large-scale green hydrogen production projects in Europe.

about 1 year ago

Exploration & Production

US DOE backs Plug Power’s hydrogen buildout with $1.66 billion loan guarantee

U.S. hydrogen solutions company Plug Power has closed a $1.66 billion loan guarantee from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) to support its hydrogen buildout.

about 1 year ago

Exploration & Production

Petronas moves forward with oil field development in Indonesian waters

Petronas has confirmed a final investment decision (FID) for an oil field in the North Madura II contract area, East Java, Indonesia.

about 1 year ago

Exploration & Production

Unfavorable price environment makes new gas discovery unprofitable

Vår Energi has found more gas in the Barents Sea, thanks to the drilling operations, which were conducted with one of COSL Drilling Europe’s semi-submersible rigs off the coast of Norway.

about 1 year ago

Borr Galar and Borr Njord; Photo credit: GPO Heavylift

Exploration & Production

Three Borr rigs hit the brakes on drilling ops in North America as new suspension comes

Borr Drilling has confirmed a temporary suspension of operations notice for a jack-up rig trio working off the coast of Mexico, North America.

about 1 year ago

Exploration & Production

New partnership to provide hydrogen storage and production solutions

EQUANS, an energy services provider, and INOCEL, a company that designs, manufactures and markets hydrogen fuel cells, have signed a partnership agreement to develop an energy storage and production solution using carbon-free hydrogen.

about 1 year ago

Exploration & Production

Helmerich & Payne-KCA Deutag merger establishes driller with ‘robust geographic and operational mix‘

U.S.-headquartered rig technologies and drilling solutions player Helmerich & Payne (H&P) has wrapped up its business combination with KCA Deutag.

about 1 year ago

Vela drillship (former West Vela); Source: Diamond Offshore, now part of Noble Corporation

Exploration & Production

Seadrill drillship strikes oil & gas in US Gulf of Mexico enabling Talos to eye production start-up next quarter

Talos Energy has made a new oil and natural gas discovery in the U.S. Gulf of Mexico, thanks to its ongoing drilling activities with a drillship owned by Seadrill.

about 1 year ago

Exploration & Production

Plug Power seals electrolyzer supply deal for hydrogen-to-ammonia project in Australia

U.S. Plug Power has signed a purchase agreement with Australian Allied Green Ammonia (AGA) to supply three gigawatts (3 GW) of electrolyzer capacity to AGA’s green hydrogen-to-ammonia plant, currently under development in Australia.

about 1 year ago

Exploration & Production

Chevron ends in the same boat as Shell with no commercial hydrocarbons off Namibia

Chevron has drilled an exploration well in the Orange Basin off the coast of Namibia, which did not yield any commercial hydrocarbon quantities.

about 1 year ago

Exploration & Production

Avina Clean Hydrogen’s large-scale ammonia project in US gains ground

U.S. green hydrogen producer Avina Clean Hydrogen has completed the front-end engineering design (FEED) and front-end-loading (FEL-3) for its 2,200 metric tons per day (MTPD) clean ammonia facility located in the Texas Gulf Coast.

about 1 year ago

Exploration & Production

$54 billion in engineering, procurement and construction contracting opportunities on offshore oil & gas agenda for 2025

The batch of new projects, which are expected to reach the EPC stage this year, is anticipated to lead to awards worth billions of dollars for jobs related to associated subsea equipment, offshore platforms, floating production units, and liquefied natural gas (LNG) equipment and facilities, based o

about 1 year ago

Exploration & Production

New 800 MW green hydrogen project launched in Northern Germany

Denmark’s Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (ETF), and German Friesen Elektra Green Energy have initiated project Anker, a green hydrogen production facility in Sande, Northern Germany.

about 1 year ago

Exploration & Production

‘Great’ oil & gas exploration appetite bears fruit as Norway awards 53 new production licenses

As part of the award in the pre-defined areas 2024 (APA 2024) round, Norway’s Ministry of Petroleum and Energy has offered 53 production licenses to 20 oil and gas companies for further hydrocarbon exploration activity on the Norwegian Continental Shelf (NCS).

about 1 year ago