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Exploration & Production

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Business & FinanceBusiness Developments & ProjectsProject & TendersAuthorities & GovernmentCarbon Capture Usage & StorageEnvironmentOutlook & StrategyRegulation & PolicyRules & RegulationTransitionClean FuelLNGEquipmentTechnologyFossil EnergyOil & GasRigsLow-Carbon TransitionHuman CapitalFPSO & VesselsOperations & Maintenance
FPSO Atlanta; Source: Yinson
Exploration & Production

Yinson gets its hands on Brazil-bound FPSO

Yinson Production has acquired an FPSO vessel, which is destined for work at Enauta’s oil field offshore Brazil.

about 3 years ago
Cygnus Alpha in North Sea (for illustration purposes); Source: Neptune Energy
Exploration & Production

Are Britain’s green and low-carbon ambitions hanging by a thread?

A deep dive into the recent developments in the UK and the way the energy industry feels about their potential impact on net-zero aspirations.

21 minutes read
Air Products to increase winding capacity at LNG equipment facility in U.S.
Exploration & Production

Air Products to increase winding capacity at LNG equipment facility in U.S.

U.S. LNG technology and equipment company Air Products has announced it will be making a significant investment to meet industry demand with increased winding capacity at its LNG equipment manufacturing facility located in Port Manatee, Florida, U.S. The company said it expects that this increase in

about 3 years ago
Argos semi-submersible offshore platform in the U.S. Gulf of Mexico; Source: BP
Exploration & Production

BP’s profit takes a hard hit while oil & gas keep flowing and energy transition gathers speed

BP has revealed solid results for the second quarter of 2023, however, this represents a 70 per cent decrease on a year-over-year basis.

about 3 years ago
Deepwater Titan drillship; Source: Transocean
Exploration & Production

With multiple upcoming deals in the bag, sea of opportunities for Transocean’s rig fleet still ‘robust’

Offshore drilling contractor Transocean has expanded its contract backlog with multiple new deals during the second quarter of 2023.

about 3 years ago
FPSO Abo; Source: BW Offshore
Exploration & Production

Additional time secured for BW Offshore FPSO off Nigeria

Eni has handed out yet another short-term contract extension to BW Offshore for one of its FPSOs, which is working on a field off Nigeria.

about 3 years ago
Borr Drilling
Exploration & Production

Two Borr Drilling jack-up rigs booked for work in Middle East and Southeast Asia

Borr Drilling has secured letters of award (LOA) for two premium jack-up drilling rigs, which increase the company’s firm backlog by approximately 421 days, excluding optional periods.

about 3 years ago
Valaris DS-7 drillship; Source: Valaris
Exploration & Production

Valaris to reactivate stacked drillship for new gig off West Africa

Valaris has secured a new long-term contract with an undisclosed company for one of its drillships, which is stacked in Spain.

about 3 years ago
Illustration; Source: ADNOC
Exploration & Production

ADNOC’s decarbonisation journey picks up speed with new net-zero target

UAE’s ADNOC has decided to step up its decarbonisation efforts by accelerating its net-zero ambition to 2045.

about 3 years ago
FPSO Montara Venture; Source: Jadestone Energy
Exploration & Production

Australian FPSO goes offline once again

Jadestone Energy has temporarily shut in production from an FPSO vessel operating at a field in the Timor Sea offshore Australia.

about 3 years ago
Illustration; Source: North Sea Transition Authority
Exploration & Production

North Sea gas supports both energy security and net-zero goals, says UK regulator

North Sea Transition Authority’s new analysis shows that domestically produced gas is significantly cleaner than the imported LNG.

about 3 years ago
Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Exploration & Production

US offshore rig count moves up a step

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States climbed a notch last week.

about 3 years ago
FPSO Liza Destiny operating off Guyana; Source: ExxonMobil
Exploration & Production

ExxonMobil and Chevron join European oil majors in posting steep fall in profits

While Chevron and ExxonMobil recorded strong performance in 2Q 2023, this still represents a sharp decrease year-over-year.

about 3 years ago
Askeladden rig; Source: Equinor
Exploration & Production

Equinor receives nod for North Sea drilling ops

Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway, using a KCA Deutag Drilling-managed rig.

about 3 years ago
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