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Exploration & Production

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Megalodon; Source: Pinnacle Engineering
Exploration & Production

New oil & gas discovery pops up in Gulf of Mexico while ongoing drilling ops hint another may come soon

Talos Energy has confirmed a discovery of commercial quantities of oil and natural gas at a block in the U.S. Gulf of Mexico where the firm holds a non-operated stake.

about 2 years ago
Jack/St. Malo is believed to be one of Chevron’s highest producing facilities in the U.S Gulf of Mexico; Source: Chevron
Exploration & Production

US energy giant pulls off oil & gas uplift at Gulf of Mexico deepwater duo

Chevron has taken steps to raise the oil and natural gas recovery bar at two facilities in the deepwater U.S. Gulf of Mexico in line with its plans to increase production in this region.

about 2 years ago
Chevron secured Stena Drilling’s Stena Forth drillship for a decommissioning campaign in the Mediterranean Sea offshore Israel a few years ago, alongside an option for a well offshore Cyprus; Source:
Exploration & Production

Chevron takes another shot at making Aphrodite rise from the sea with revised $4 billion plan for offshore gas development

Chevron has handed over an updated plan for the development of an offshore gas field reservoir in Block 12 to the government of Cyprus, which is located in the Eastern Basin of the Mediterranean Sea.

about 2 years ago
Bayu-Undan; Source: Santos
Exploration & Production

Santos inks LNG supply deal and irons out details for new partner at gas field offshore Timor-Leste

Santos has signed a new mid-term LNG supply contract with Glencore and hammered out a deal for the divestment of a partial stake in an offshore gas project with TIMOR GAP.

about 2 years ago
ExxonMobil plans hydrogen and CCS facility in Texas
Exploration & Production

ADNOC to acquire stake in ExxonMobil’s low-carbon hydrogen project in Texas

ADNOC and ExxonMobil have signed an agreement under which ADNOC will acquire a 35% equity stake in ExxonMobil’s low-carbon hydrogen and ammonia production facility in Baytown, Texas, U.S.

about 2 years ago
Dhirubhai Deepwater KG1 drillship; Source: Transocean
Exploration & Production

Transocean’s 2009-built drillship lands 300-day deal offshore India

Transocean has picked up a multimillion-dollar contract for one of its drillships off the coast of India.

about 2 years ago
BP's Cassia platform offshore Trinidad and Tobago (for illustration purposes); Source: BP
Exploration & Production

BP disposes of mature assets in Trinidad and Tobago to chase shallow water, deepwater, and cross-border gas opportunities

BP has sealed a deal to sell a package of four mature gas assets and undeveloped resources from one field to with Perenco.

about 2 years ago
Altamira Fast LNG 1; Source: New Fortress Energy
Exploration & Production

With clearance in hand, US player ready to push LNG export to non-FTA countries off the ground

New Fortress Energy (NFE) is all set to make a start on liquefied natural gas (LNG) export to non-free trade agreement (FTA) countries from its floating liquefied natural gas (FLNG) unit off the coast of Altamira, Mexico.

about 2 years ago
Illustration; Source: CNOOC
Exploration & Production

Chinese giant gets oil production going at offshore field

China National Offshore Oil Corporation (CNOOC) has kicked off production operations at an oilfield development project off the coast of China.

about 2 years ago
FPSO Alvheim; Source: Aker BP
Exploration & Production

First oil flows from subsea tie-back to North Sea FPSO months ahead of schedule

Aker BP has kicked off production from an offshore oil field project in the North Sea, which has been tied back to a floating production, storage, and offloading (FPSO) vessel operating off the coast of Norway.

about 2 years ago
Judy platform; Source: Harbour Energy
Exploration & Production

‘Big step forward’ for Harbour Energy as it takes hold of Wintershall Dea’s oil & gas assets

Harbour Energy has brought into its fold all upstream business assets that used to belong to Germany’s Wintershall Dea, aside from the ones in Russia, after wrapping up an $11.2 billion acquisition.

about 2 years ago
Saturation diving work on GTA project; Source: Rana Diving
Exploration & Production

Italian and French players lend Saipem a helping hand with ‘critical’ subsea ops at BP’s largest gas project

Rana Diving and Bourbon have assisted in wrapping up subsea work off the coasts of Mauritania and Senegal at a project that is said to be the biggest one in the portfolio of BP.

about 2 years ago
LNG Canada marine terminal, Kitimat, March 2024; Courtesy of Shell-led LNG Canada
Exploration & Production

‘Pivotal’ move for Canada’s first LNG export facility to come online

With the first natural gas feed and flaring, LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, is taking a key action toward putting into operation mode its liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia (B.C.).

about 2 years ago
FPSO Norne; Source: Equinor
Exploration & Production

Norway’s DNO building up oil & gas portfolio through new acquisitions and drilling ops

DNO has been stockpiling its oil and gas arsenal by pursuing acquisitions of offshore fields and searching for more hydrocarbons on the Norwegian Continental Shelf (NCS).

about 2 years ago
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