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Exploration & Production

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Illustration; Source: Europa Oil & Gas
Exploration & Production

African oil & gas block’s farm-out one approval shy of completion

UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas has confirmed that one key go-ahead is still pending for a farm-out process related to a block off the coast of Equatorial Guinea.

about 4 months ago
DeepOcean wins subsea contract package with Equinor
Exploration & Production

DeepOcean wins subsea contract package with Equinor

Ocean services provider DeepOcean has secured a subsea contract package with Norwegian state-owned energy giant Equinor for multiple fields on the Norwegian continental shelf (NCS), with offshore work to be performed across 2027-2028. The package includes subsea work scope at the Visund field in the

about 4 months ago
FSRU Dioriga Gas; Source: Dioriga Gas
Exploration & Production

LNG pact enables Greek FSRU to boost Southeast Europe’s gas supply diversification

Mercuria, an independent energy and commodity trader, has joined forces with Motor Oil Hellas (MOH) to ensure liquefied natural gas (LNG) supply through a floating storage and regasification unit (FSRU) in Greece’s Saronic Gulf.

about 4 months ago
Illustration; Source: Rystad Energy
Exploration & Production

Oil & gas players unlocking $500 billion opportunity with AI and digitalization

By employing digitalization and artificial intelligence (AI), Rystad Energy, an energy market intelligence group, has highlighted that exploration and production (E&P) companies could reap close to $500 billion in cumulative value between 2026 and 2030.

about 4 months ago
Illustration; Source: Australian Energy Producers (former APPEA)
Exploration & Production

Australian gas reservation draft raises the alarm over export reliability

Given the growing concerns over a draft domestic gas reservation framework, Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has emphasized the investment risks such a move could bring, intensifying east coast gas supply pressures.

about 4 months ago
Illustration: Source: Wood Mackenzie
Exploration & Production

Strait of Hormuz closure: Tight LNG markets, oil prices could soar to $200

With more than 80 million tonnes per annum (mtpa) of liquefied natural gas (LNG) supply, representing around 20% of global supply, being inaccessible to global markets, the Strait of Hormuz closure has the potential to spark the biggest energy supply shock in decades, according to Wood Mackenzie, an

about 4 months ago
Illustration; Source: Wood Mackenzie
Exploration & Production

Oil price spike spurs windfall tax proposals in Brazil, EU, US, and Australia

As oil prices top $100 per barrel (bbl), Wood Mackenzie, an energy intelligence group, has pinpointed the uptick in energy prices as the reason for the revival in windfall tax debate across four continents.

about 4 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Exploration & Production

UK’s North Sea industry demands action on prioritizing domestic energy

As the North Sea offshore energy industry voices urge the UK government to put an end to reliance on imports, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has emphasized the need for the government to focus on unlocking homegrown power of supply to mitigate the

about 4 months ago
Adriatic LNG; Source: VTTI
Exploration & Production

QatarEnergy prolongs force majeure, Edison’s total affected LNG cargoes reach 17

Qatar’s state-owned oil and gas giant QatarEnergy has notified Italy’s Edison about a contractual force majeure extension, adding five more liquefied natural gas (LNG) cargos to the existing list of impacted ones.

about 4 months ago
Contract with Shell’s JV marks Strohm’s entry into Egypt
Exploration & Production

Contract with Shell’s JV marks Strohm’s entry into Egypt

Dutch manufacturer of thermoplastic composite pipe (TCP), Strohm, has secured its first contract in Egypt, with Burullus Gas Company, a joint venture (JV) between EGAS, Shell and Petronas. Strohm will supply a 2,000-meter flowline for one of the West Delta Deep Marine (WDDM) projects offshore Egypt,

about 4 months ago
FSO Sepat (Screenshot from video about the Sepat field on YouTube)
Exploration & Production

Investigation ongoing: Three dead and one injured in Southeast Asian FSO incident

Malaysia’s state-owned oil and gas heavyweight Petronas has shed light on a tragic offshore incident connected with a floating storage and offloading (FSO) unit working at a field off the coast of East Coast Peninsular Malaysia, Southeast Asia.

about 4 months ago
FPSO Cidade de Itajai is operating on the Baúna field - Karoon
Exploration & Production

Brazilian oil project back in production mode after 28-day shutdown

Karoon Energy, an ASX-listed international oil and gas exploration and production company, has restarted production at an oil field off the coast of Brazil.

about 4 months ago
Baleine; Source: Eni
Exploration & Production

Eni moves forward with third chapter of oil & gas project in West Africa

Italy’s energy giant Eni has made a final investment decision (FID) for the next phase of its oil and gas development project off the coast of Côte d’Ivoire, West Africa.

about 4 months ago
Uruguay's offshore blocks; Source: QatarEnergy
Exploration & Production

QatarEnergy broadens its oil & gas footprint in Uruguay and Eastern Mediterranean

Qatar’s state-owned oil and gas giant QatarEnergy has taken steps to bring new exploration blocks off the coast of Uruguay into its fold, while sealing a gas cooperation deal in the Eastern Mediterranean.

about 4 months ago
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