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Exploration & Production

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Fossil EnergyOil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsCollaborationProject & TendersRegulation & PolicyTransitionRigsFPSO & VesselsDecommissioningInfrastructureOutlook & StrategyVesselsLiquefied Natural GasPipesProduction & ProcessingSubseaLow-Carbon TransitionAmmoniaClean FuelResearch & Development
Agreement signing ceremony; Source: PVN
Exploration & Production

Vietnam’s gas-to-power project moves forward with planned investment nearing $12 billion

Following an FID, PVN has penned multiple agreements with its partners to proceed with an integrated development project offshore Vietnam.

about 2 years ago
N05-A platform; Source: One-Dyas
Exploration & Production

No more legal woes: Offshore wind-powered North Sea project goes full steam ahead toward first gas by year-end

ONE-Dyas is moving at full throttle to bring its gas platform, which will run on offshore wind power in the North Sea, online by the end of 2024.

about 2 years ago
Norve jack-up rig; Source: Borr Drilling
Exploration & Production

Appraisal ops uplift recoverable reserves at field offshore Gabon

BW Energy has confirmed a boost in recoverable reserves at a field in the Dussafu license off the coast of Gabon.

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

WATCH: Massive newbuild FPSO embarking on sea trials before starting its Barents Sea gig

Equinor has disclosed the departure of its giant new floating production, storage, and offloading (FPSO) vessel from Aker Solutions’ Stord yard.

about 2 years ago
OPEC
Exploration & Production

OPEC+ stretches production cuts into 2025 but presents timeline to ease off oil curbs later on

With geopolitical challenges and economic uncertainties at the forefront, OPEC+ will prolong production cuts into 2025 to prop up oil markets.

about 2 years ago
Drilling to return to seven-year-old UK field as it hits oil production milestone
Exploration & Production

Drilling to return to seven-year-old UK field as it hits oil production milestone

EnQuest has reached a milestone of 70 million barrels of oil produced during May from its field in the Northern North Sea which has been online since 2017. The UK oil and gas company noted it had delivered strong operational performance across its operated portfolio so far this year, with full-year

about 2 years ago
FPSO Petrojarl I; Source: Enauta
Exploration & Production

Brazilian FPSO comes back online post-maintenance

Brazilian oil and gas player Enauta has resumed production from one of its FPSOs working on a field offshore Brazil.

about 2 years ago
Woodside obtains $1 billion loan to finance giant gas project
Exploration & Production

Japanese back Woodside with $1 billion loan for giant gas project in Australia

Australian energy giant Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC) to fund its giant gas project off the coast of Western Australia. The loan agreement, executed in Tokyo, Japan, between Woodside CEO Meg O’Neill and JBIC Deputy Governor K

about 2 years ago
Norwegian oil & gas players come up dry in North Sea and Barents Sea
Exploration & Production

Norwegian oil & gas players come up dry in North Sea and Barents Sea

Norwegian oil and gas players Aker BP and Vår Energi have respectively drilled two wells in the North Sea and Barents Sea that turned out to be dry. Aker BP drilled the dry well 24/6-5 Alvheim Deep in the North Sea in production license 203, awarded in 1996, representing the eleventh exploration wel

about 2 years ago
$1.25 billion contract win for Subsea7 with Brazil's state-owned oil & gas giant
Exploration & Production

Subsea7 wins contract worth over $1.25 billion with Brazil’s oil & gas giant

Subsea7 has secured a contract worth over $1.25 billion with Brazil’s state-owned oil and gas giant Petrobras for a field located at 2,000 meters of water depth offshore Brazil. Under the contract defined as “super-major”, Subsea7 will perform engineering, procurement, fabrication, installation, and

about 2 years ago
Rendering of Woodfibre LNG project; Source: Woodfibre LNG
Exploration & Production

Bankrolling fossil fuels: 60 giant banks pick up the $7 trillion tab for coal, oil & gas

Report: Over 60 international banks have been keeping the fossil fuel players in business by footing the bill for their further expansion rather than cutting off the purse strings.

about 2 years ago
Noble Resilient jack-up rig; Source: Noble Corporation
Exploration & Production

Noble rig finds more work in UK waters

Noble Corporation has landed a new assignment for one of its harsh environment jack-up rigs with Harbour Energy.

about 2 years ago
TA’ZIZ ammonia project in Abu Dhabi reaches new stage
Exploration & Production

TA’ZIZ ammonia project in Abu Dhabi reaches new stage

Fertiglobe has awarded a construction contract to Tecnimont for TA’ZIZ’s low-carbon ammonia production facility in Abu Dhabi.

about 2 years ago
Ougarta LNG carrier; Source: Sonatrach
Exploration & Production

Sonatrach hands over first LNG cargo to Croatia and seals natural gas deal with Slovenian firm

Sonatrach has strengthened natural gas ties with Slovenia, thanks to an agreement with Geoplin.

about 2 years ago
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