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Exploration & Production

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Clean FuelFossil EnergyLiquefied Natural GasOil & GasOther FuelsBusiness & FinanceBusiness Developments & ProjectsCollaborationProject & TendersFPSO & VesselsRigsAuthorities & GovernmentTechnologyRegulation & PolicyEquipment
Plaquemines LNG; Courtesy of Venture Global LNG
Exploration & Production

Germany clinches more US LNG as Venture Global and EnBW pen multi-year deal

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has signed on the dotted line with EnBW Energie Baden-Württemberg (EnBW), a German energy player, to send additional long-term U.S. LNG supply to Germany, aside from the volumes included in the du

about 3 months ago
Gjøa; Source: Vår Energi
Exploration & Production

Vår Energi on portfolio reshaping spree: $460M acquisitions, swaps and divestments

Norwegian oil and gas player Vår Energi has embarked on a mission to high-grade its portfolio on the Norwegian Continental Shelf (NCS) to strengthen long-term value creation through deals that encompass the acquisition of Pandion Energy’s portfolio, a swap agreement with DNO Norge, a subsidiary of D

about 3 months ago
Illustration; Courtesy of Zululand Energy Terminal (ZET), a joint venture between Vopak and Transnet
Exploration & Production

ExxonMobil joins Vopak–Transnet JV to progress South Africa’s LNG import terminal

ExxonMobil South Africa LNG, an affiliate of U.S.-headquartered energy heavyweight ExxonMobil, has penned a heads of agreement (HoA) with a strategic partnership between Vopak Terminal Durban and Transnet Pipelines to advance the development of a liquefied natural gas (LNG) import terminal at the Po

about 3 months ago
Man with a hardhat with words "Chevron" on it with an offshore rig in the background
Exploration & Production

Chevron joins Helleniq in Eastern Mediterranean offshore block

U.S.-headquartered energy giant Chevron has signed on the dotted line to acquire a majority stake and operatorship in a block off the coast of Greece, currently solely owned by Helleniq Energy, a Greek integrated energy player.

about 3 months ago
Shell
Exploration & Production

US Gulf oil production flow another well richer with more to come before year-end

Beacon Offshore Energy, a Texas-based exploration and production company, has advanced two projects by bringing online a second well at a field in the Gulf of America (the U.S. Gulf of Mexico) and drilling another at a different development, which is anticipated to achieve first oil by the end of 20

about 3 months ago
FPSO Valente (formerly known as FPSO Frade) operating in the Frade field off Brazil; Source PRIO
Exploration & Production

Oil gushes out of fourth well at subsea tie-back in Brazilian waters

Brazilian oil and gas company PRIO, formerly known as PetroRio, has brought online another well at its subsea tie-back project in the Campos basin off the coast of Brazil.

about 3 months ago
An offshore rig
Exploration & Production

Transocean rig pair lines up two drilling jobs in Norway and Australia

Switzerland-based offshore drilling contractor Transocean has secured new multimillion-dollar assignments for two of its harsh environment semi-submersible rigs off the coasts of Norway and Australia.

about 3 months ago
PSA signing; Source: MOL
Exploration & Production

Trio sets the stage for Mediterranean Sea oil & gas exploration with North African PSA

Three joint venture (JV) partners – MOL Group, Repsol, and Türkiye Petrolleri A.O. (TPAO) – have signed a production sharing agreement (PSA) for an offshore exploration area in the Mediterranean Sea, off the coast of Libya.

about 3 months ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Exploration & Production

DrillDocs’ AI-driven tech gaining wider fleet adoption across Aker BP’s contracted rigs

Norway’s oil and gas player Aker BP has set its cap on expanding the deployment of a digital shaker surveillance system technology across its contracted rig fleet on the Norwegian Continental Shelf (NCS) through its collaboration with DrillDocs, a provider of computer vision technology for drilling

about 3 months ago
Transocean Encourage rig; Source: Transocean
Exploration & Production

Equinor’s Norwegian Sea wildcat yields no hydrocarbons

Norwegian state-owned oil and gas giant Equinor has conducted drilling activities at a wildcat well in the Norwegian Sea off the coast of Norway with one of Transocean’s semi-submersible rigs. The drilling activity did not result in commercial quantities of hydrocarbons.

about 3 months ago
Central Azeri Patform, Caspian Sea - Petrofac
Exploration & Production

BP, SOCAR employ advanced tech to enhance output at Caspian Sea oil asset

UK-headquartered energy giant BP and its partner, State Oil Company of the Republic of Azerbaijan (SOCAR), have shed light on the innovative solutions deployed to maximize recovery at a giant oilfield in the Caspian Sea off the coast of Azerbaijan.

about 3 months ago
FPSO BW Opal; Source: Santos
Exploration & Production

BW Offshore’s FPSO tucks ‘important’ milestone under its belt

Norway’s floating production solutions provider BW Offshore has revealed a new operational achievement for a floating production storage and offloading (FPSO) vessel, which is deployed at a Santos-operated giant gas project off the coast of Australia.

about 3 months ago
Johan Sverdrup field; Source: Arne Reidar Mortensen/Equinor
Exploration & Production

Future expansion on horizon for Norway’s giant oil-producing field

Norway’s state-owned energy giant Equinor is laying the groundwork to enable a potential new subsea development in the North Sea, which will help maintain production and value creation from one of the largest oil-producing assets on the Norwegian Continental Shelf (NCS).

about 3 months ago
Neptun Deep jacket; Source: Saipem
Exploration & Production

Jacket for EU’s largest offshore gas development sails away from Saipem’s shipyard

Italy’s engineering, drilling, and construction services giant Saipem has confirmed the departure of a jacket destined for a giant natural gas project in the Romanian part of the Black Sea. This project is described as the largest offshore natural gas project currently under development in the Europ

about 3 months ago
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