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Exploration & Production

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Fossil EnergyOil & GasBusiness Developments & ProjectsProject & TendersFPSO & VesselsLow-Carbon TransitionRigsAuthorities & GovernmentBusiness & FinanceRegulation & PolicyHydrogenProductionTechnology & InnovationCollaborationOutlook & StrategyResearch & DevelopmentLiquefied Natural GasEnvironmentRules & RegulationTransitionPipesSubseaInfrastructureCarbon Capture Usage & StorageMarket OutlooksTechnology
A jack-up rig
Exploration & Production

Hibiscus taps Tanjung for work on Vietnam-Malaysia shared block

Tanjung Offshore Services, a subsidiary of Malaysia’s T7 Global, has won a contract with Hibiscus Oil & Gas Malaysia, an affiliate of Malaysia’s Hibiscus Petroleum, for the provision of maintenance, construction, and modification (MCM) services at a block within the overlapping territorial waters be

about 1 year ago
Production capacity of 1.3 million barrels of oil per day expected by the end of 2027 offshore Guyana; Source: ExxonMobil
Exploration & Production

ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025

With nearly $55 billion committed to the development of six government-sanctioned projects, ExxonMobil is going to remain hard at work during 2025 to develop the oil and natural gas resources at the Stabroek block off the coast of Guyana.

about 1 year ago
TRIG to provide renewable electricity for hydrogen project in Port-La Nouvelle
Exploration & Production

TRIG to provide renewable electricity for hydrogen project in Port-La Nouvelle

The Renewables Infrastructure Group (TRIG) has entered into a power purchase agreement (PPA) to supply Hyd’Occ, a green hydrogen facility in Port-la Nouvelle, with renewable electricity from its onshore wind farms located in the Occitanie region.

about 1 year ago
Deepsea Yantai rig; Source: Odfjell Drilling
Exploration & Production

Rig duo from Odfjell Drilling’s fleet to conduct hydrocarbon exploration ops in Norway

The Norwegian authorities have handed out two drilling permits, which will enable the drilling of an exploration well in the Norwegian Sea and another one in the North Sea, using one of Odfjell Drilling’s semi-submersible rigs for the first one and one of the offshore drilling player’s managed rigs

about 1 year ago
Hibernia platform; Source: Hibernia Management and Development Company/ExxonMobil
Exploration & Production

Oil & gas get the blame for Trump’s expansionist pretensions toward Canada, renewables portrayed as road to independence

Given the uptick in Canada’s oil and gas stocks, some blame the fossil fuel industry for Trump’s annexation threat, painting renewable energy as the solution.

about 1 year ago
FPU Salamanca; Source: Audubon
Exploration & Production

First oil from ‘world class’ Gulf of Mexico project on track for mid-2025 as FPU nears completion

U.S.-headquartered LLOG Exploration is closing in on the first oil production from a deepwater project in the U.S. Gulf of Mexico as a floating production unit (FPU) destined for work at this oil development achieves refurbishment progress, which is expected to be wrapped up soon.

about 1 year ago
COSL Innovator rig; Source: COSL
Exploration & Production

Phased FPSO restart underway as COSL prepares to drill next well in North Sea

Serica Energy is progressing with a phased restart of oil and gas production at an FPSO in the North Sea, which is working on its oil and gas assets on the UK Continental Shelf (UKCS).

about 1 year ago
An offshore platform with a vessel next to it
Exploration & Production

PM wants Vietnam’s first LNG power plants online by June as delays loom

Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation.

about 1 year ago
Blocks offshore Uruguay; Source: Challenger Energy
Exploration & Production

Farm-out process offshore Uruguay and decision on assets in Trinidad & Bahamas coming in mid-2025

Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is making progress in setting the stage to embark on a formal farm-out process later this year for a shallow water exploration block off the coast of Uruguay.

about 1 year ago
Petrobras hit with arbitration proceeding over alleged subsea pipeline repair failures
Exploration & Production

Petrobras hit with arbitration proceeding over subsea pipeline repair failures

Seacrest Petroleo, an independent oil & gas production company with an integrated portfolio of onshore producing oil fields and export infrastructure onshore in Brazil’s Espírito Santo, has filed an arbitration request against Brazil’s state-owned oil & gas giant Petrobras over alleged subsea pipeli

about 1 year ago
COSL Pioneer rig; Source: COSL Drilling Europe
Exploration & Production

COSL rig to spin the drill bit at North Sea wildcat this month

Vår Energi has secured a drilling permit from the country’s authorities to spud an exploration well in the North Sea, off the coast of Norway, using one of COSL Drilling Europe’s semi-submersible rigs.

about 1 year ago
Fast4Ward design; Source: SBM Offshore
Exploration & Production

SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts

With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are antici

12 minutes read
Illustration. Source: BOEM
Exploration & Production

Biden’s US offshore oil & gas drilling ban throws a spanner in the works but ‘drill, baby, drill’ still on Trump’s energy agenda

President Joe Biden’s legacy has now added an offshore drilling ban, spanning over 625 million acres of the U.S. ocean, to the mix.

about 1 year ago
Troll A platform; Source: Jan Arne Wold/Elisabeth Sahl - Equinor
Exploration & Production

Giant North Sea field sets ‘historic’ gas production record

Equinor has achieved a new production milestone at its natural gas asset in the North Sea, which is said to be the largest oil and gas field off the coast of Norway.

about 1 year ago
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