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Exploration & Production

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Fossil EnergyOil & GasBusiness & FinanceBusiness Developments & ProjectsOperations & MaintenanceDecommissioningProject & TendersSubseaMarket OutlooksOutlook & StrategyRigsAuthorities & GovernmentRegulation & PolicyRules & RegulationSafetyFPSO & VesselsInfrastructureSeismic
Drill bit during drilling operations on one of Hurricane's wells
Exploration & Production

Hurricane granted more time for UK well work

Hurricane Energy’s request to extend the deadline for activities planned on the Lincoln license off the UK has been approved by UK authorities.

about 6 years ago
Petrofac kicks off well decommissioning job in UK
Exploration & Production

Petrofac kicks off well decommissioning job in UK

Petrofac’s Engineering & Production Services business has begun the activity on its previously awarded well decommissioning contract for the Rubie and Renee fields located off the UK.

about 6 years ago
Valery Grayfer living quarters jacket; Source: Lukoil
Exploration & Production

Lukoil installs living quarters jacket at Caspian Sea field

Russian oil and gas company Lukoil completed the installation of a jacket for an accommodation platform topside at the V.I. Grayfer field in the Caspian Sea.

about 6 years ago
Brent Charlie & Delta
Exploration & Production

Low oil prices could play pivotal role in boosting decommissioning spending, Rystad says

With few profitable investment alternatives, operators are now likely to increase spending in decommissioning work, according to Rystad Energy.

about 6 years ago
Rowan Norway rig
Exploration & Production

ConocoPhillips gets safety nod to use Valaris rig for Ekofisk wells

ConocoPhillips has received consent from the Petroleum Safety Authority to use the Rowan Norway rig on the Ekofisk field offshore Norway.

about 6 years ago
Aoka Mizu FPSO
Exploration & Production

Hurricane suspends output guidance after Lancaster well shut-in

Hurricane Energy has shut-in one of two wells at the Lancaster Early Production System due to interference between two producing wells.

about 6 years ago
Archer Topaz
Exploration & Production

Archer firms up North Sea job with TAQA

Archer has secured a formal contract award for the provision of a modular drilling unit and associated services from TAQA.

about 6 years ago
Borr's Hild jack-up rig
Exploration & Production

Borr Drilling working to secure liquidity runway until 2022

Borr Drilling is working to secure a liquidity runway until 2022 even in an unlikely low scenario without any further contracts.

about 6 years ago
Gina Krog by night; Photo by: Øyvind Torjusen; Source: Equinor
Exploration & Production

After three-month slump Norwegian oil output above expected in April

Norwegian oil production during April 2020 was above predictions made by the Norwegian Petroleum Directorate (NPD) after a three-month stint of falling short of expectations.

about 6 years ago
Wintershall Dea
Exploration & Production

Wintershall Dea books quarterly loss, cuts capex

Wintershall Dea has decided to reduce its capital expenditures for 2020 by 30 per cent after booking a loss in the first quarter of the year amid low oil price environment.

about 6 years ago
Neptune's Gjøa platform in Norway
Exploration & Production

Neptune abandons plan to buy Edison’s UK and Norway assets from Energean

Energean has agreed with Neptune Energy to terminate the agreement for Neptune Energy to acquire Edison E&P’s UK and Norwegian subsidiaries from Energean.

about 6 years ago
Maersk Inspirer; Source: Maersk Drilling
Exploration & Production

Repsol gets green light for use of Maersk Inspirer rig on Yme

Spanish oil company Repsol has received consent from the Norwegian offshore safety body, the Petroleum Safety Authority (PSA), to use the Maersk Inspirer jack-up rig on the Yme field offshore Norway.

about 6 years ago
Equinor bites dust in North Sea well
Exploration & Production

Equinor bites dust in North Sea well

Equinor has drilled a dry well near the Fram field in the North Sea offshore Norway.

about 6 years ago
Shearwater
Exploration & Production

Apache taps Shearwater for Forties field 4D survey

Shearwater GeoServices has secured a contract from Apache for a 4D seismic survey with 3D extension over the Forties field. The Apache-operated Forties oil field is located 110 miles north-east of Aberdeen in the UK sector of the Central North Sea. The project will start in Q2 2020 and should last f

about 6 years ago
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