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Exploration & Production

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Exploration & Production

Saudi oil & gas giant taps Weatherford for drilling services

Weatherford International has secured a long-term contract with Saudi Arabia’s Aramco for the provision of drilling services.

about 3 years ago

Exploration & Production

What impact will OPEC+ cuts have on global and US oil & gas production?

The EIA expects global oil production to be lower than anticipated after OPEC+ announced extension of its crude oil production cuts.

about 3 years ago

Exploration & Production

ADNOC doles out $975 million to unlock more hydrocarbons at Lower Zakum

ADNOC Offshore has awarded a $975 million artificial island construction contract to ADNOC L&S for the Lower Zakum field offshore Abu Dhabi.

about 3 years ago

Exploration & Production

ADNOC Drilling expands its offshore rig fleet with two more jack-ups

ADNOC Drilling is acquiring two new premium offshore jack-up drilling rigs, as part of its fast-tracked fleet expansion programme.

about 3 years ago

Illustration; Source: American Petroleum Institute (API)

Exploration & Production

Natural gas hailed as backbone of energy mix with security of supply and decarbonisation vying for attention

Natural gas is still forecasted to play a crucial role and act as a trump card while the world embraces the race to net-zero.

about 3 years ago

Noble Highlander jack-up rig (for illustration purposes); Source: Noble Corporation

Exploration & Production

May brings upsurge in international offshore rig count activity

Baker Hughes’ international rig count report indicates that the number of offshore rigs was on an upward trajectory in May 2023.

about 3 years ago

Illustration; Source: International Energy Agency (IEA)

Exploration & Production

Spending on solar on the brink of surpassing oil investments for the first time ever, says IEA

The clean energy investment is now extending its lead over fossil fuels, boosted by energy security strengths, highlights the IEA.

about 3 years ago

Illustration; Source: The International Renewable Energy Agency (IRENA)

Exploration & Production

Repurposing oil & gas infrastructure to harness offshore wind power

Converting oil and gas infrastructure for use in the offshore wind industry would slash installation costs for renewable energy operators.

about 3 years ago

Exploration & Production

In focus: Will the hydrogen rainbow chase away fossil fuels’ clouds?

The global energy players are burning the midnight oil in pursuit of low-carbon solutions to curb emissions and enrich the energy mix.

about 3 years ago

Modular offshore platform; Source: Aquaterra Energy

Exploration & Production

In with green hydrogen, out with black gold: Will this be a blueprint for the Middle East’s energy transition or is there something else in store?

The Middle East is pivoting towards renewables and green hydrogen while building a more sustainable oil and gas sector.

about 3 years ago

Shelf Drilling Victory, formerly known as Deep Driller 7; Source: Aban Offshore

Exploration & Production

Shelf Drilling CEO: Rising rig demand in Asia to propel day rates to new heights

Shelf Drilling has boosted its backlog further during the first quarter of 2023, despite experiencing a sequential decline in revenue.

about 3 years ago

Exploration & Production

U.S. takes steps to boost naval presence, as Iran gets its hands on another oil tanker

To put a stop to Iran’s recent vessel seizures, the U.S. is going to bolster naval patrols in and around the Strait of Hormuz.

about 3 years ago

Deepsea Bollsta rig, formerly known as West Bollsta; Source: Odfjell Drilling

Exploration & Production

International offshore rig count slips a notch

Baker Hughes’ international rig count report indicates that the number of offshore rigs lost its forward momentum.

about 3 years ago

The WND development is projected to be the second biggest project (production wise) in Egypt after the massive Zohr development; Source: WintershallDea/Credit: BP

Exploration & Production

BP puts Subsea 7 in charge of gas tie-back project in Mediterranean Sea

BP has picked Subsea Integration Alliance for a two-well tie-back project in the large West Nile Delta (WND) development off Egypt.

about 3 years ago