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Exploration & Production - Offshore Energy

Exploration & Production

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Exploration & Production

Seal of approval for Vår Energi’s oil & gas drilling ops in North Sea

Vår Energi has secured the go-ahead for drilling activities in the North Sea, off the coast of Norway.

about 1 year ago

Exploration & Production

Stargate Hydrogen and OX2 partner to boost Nordic renewable hydrogen rollout

Stargate Hydrogen and OX2 have signed an agreement to jointly accelerate the commercial deployment of large-scale renewable hydrogen production in the Nordic region.

about 1 year ago

Vantage Drilling’s Tungsten Explorer drillship; Credit: Greg Williams

Exploration & Production

Cronos nexus unbound: Egypt and Cyprus put pen to paper for gas field development

With the aim of strengthening energy security through strategic collaboration, Egypt and Cyprus have inked multiple commercial agreements for a natural gas project, which will forge an energy bond between the two countries, enabling Cypriot gas to reach Egypt’s infrastructure.

about 1 year ago

Exploration & Production

Six industry majors unite to commercialize cost- and emission-cutting subsea flowline heating tech

DeepOcean as the project owner and its five partners have launched a joint industry project to commercialize an innovative subsea flowline heating technology designed to reduce manufacturing and installation costs by up to 35% and carbon emissions by 30% through the separation of pipeline and heatin

about 1 year ago

Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy

Exploration & Production

North Sea FPSO back online after temporary production halt

Serica Energy has disclosed the restart of production from a floating production, storage, and offloading (FPSO) vessel, which is deployed at its North Sea asset on the UK Continental Shelf (UKCS).

about 1 year ago

Exploration & Production

EU puts its foot down on Russian oil & gas imports with gradual phase-out

The latest step taken to end the EU’s dependence on Russian fossil fuels is contained within its plans to gradually ban imports of oil, gas, and liquefied natural gas (LNG) from next year, with limited exceptions for existing short-term and long-term contracts. This legislation is described as a res

about 1 year ago

Exploration & Production

Triple contract win for Saipem in Azerbaijan valued at $600M

Italian engineering, drilling, and construction services firm Saipem has secured three new contracts for a gas project in Azerbaijan operated by UK-headquartered energy giant BP, which together have a value of approximately $600 million. The offshore contracts were awarded in consortium with BOS She

about 1 year ago

Seaturns has launched phase one of full-scale trials for its wave energy conversion system at Nantes Saint-Nazaire Port

Exploration & Production

French firm launches phase one of full-scale wave energy tests

France’s wave energy developer Seaturns has launched phase one of full-scale trials for its wave energy conversion system at Nantes Saint-Nazaire Port, marking a key step in the company’s transition from design to real-world implementation. After six months of manufacturing and assembly, the Bordeau

about 1 year ago

Exploration & Production

Adriatic oilfield back in production mode after months-long shutdown

The Italian subsidiary of London-based oil and gas player Energean has restarted production at its field off the coast of Abruzzo, Italy.

about 1 year ago

Exploration & Production

All systems go for Equinor’s drilling ops with Transocean and COSL rigs

Equinor has secured the go-ahead from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with semi-submersible rigs owned by Transocean and COSL Drilling Europe, two offshore drilling contractors.

about 1 year ago

Culzean field in the North Sea. Source: TotalEnergies

Exploration & Production

Serica splashes hundreds of millions on BP’s stake in UK’s largest producing gas field

UK-based upstream oil and gas player Serica Energy is expanding its North Sea footprint by setting the wheels in motion to acquire the entire interest the UK-headquartered energy giant BP holds in a natural gas field, which is considered the biggest producing gas asset on the UK Continental Shelf (U

about 1 year ago

ETAP facility in the North Sea; Source: BP

Exploration & Production

BP is on a roll with sixth major project up and running: More North Sea oil & gas unlocked

UK-headquartered energy giant BP has brought online an oil and gas field in the North Sea, which is developed as a subsea tie-back to an existing platform on the UK Continental Shelf (UKCS).

about 1 year ago

Exploration & Production

Sunfire lands FEED deal for P2X Solutions’ 40 MW hydrogen project in Finland

Sunfire has been selected by P2X Solutions to conduct the front-end engineering design (FEED) study for the 40 MW hydrogen project in Joensuu, Finland.

about 1 year ago

Deepsea Yantai rig; Source: Odfjell Drilling

Exploration & Production

Go-ahead clears path for Odfjell Drilling-managed rig’s ops in Norway

Norway’s oil and gas company OKEA has secured the Norwegian authorities’ blessing for drilling activities in the Norwegian Sea, which is expected to be undertaken using one of Odfjell Drilling-managed semi-submersible rigs.

about 1 year ago