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Exploration & Production

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Fossil EnergyLow-Carbon TransitionOil & GasBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageEnvironmentMarket OutlooksOutlook & StrategyProject & TendersRegulation & PolicyTransitionRigsFPSO & VesselsClean FuelLNGAuthorities & GovernmentRules & Regulation
Johan Sverdup field in the North Sea; Credit: Lizette Bertelsen & Jonny Engelsvoll/Equinor
Exploration & Production

Speed and scale of ‘fragmented’ energy transition not up to par with net-zero by 2050 targets

Equinor outlines in its new report that the 1.5-degree goal set in the Paris Agreement is becoming increasingly difficult to achieve.

about 3 years ago
Norbe VI; Source: Ocyan
Exploration & Production

Ocyan undergoes restructuring, giving birth to new drilling player

Ocyan has confirmed the completion of its restructuring process, which enabled it to separate its drilling business into a new company, temporarily being called DrillCo.

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

With BW Offshore FPSO’s stay prolonged, Tullow puts all options on the table for stake in oil field off Ivory Coast

Tullow Oil is mulling over all available options regarding its interest in an oil field located offshore the Ivory Coast.

about 3 years ago
Uranus rig; Source: Trillion Energy
Exploration & Production

Drilling ops kick off at sixth well in Black Sea drilling campaign

Trillion Energy has spudded the sixth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.

about 3 years ago
Shelf Drilling Winner (former Noble Sam Turner) jack-up rig; Source: Noble Corp.
Exploration & Production

Shelf Drilling jack-up rig spuds TotalEnergies’ first of two infill wells in North Sea

TotalEnergies has kicked off drilling ops on the first of two infill wells to be drilled during 2023 at a field in the Danish North Sea.

about 3 years ago
Alexandroupolis FSRU; Credit: Gastrade
Exploration & Production

Greece’s first offshore LNG terminal coming online in 2024 to bolster Europe’s low-carbon energy mix

An FSRU, currently under conversion, will secure low-emission energy while enhancing Southeastern Europe’s diversification of gas sources.

about 3 years ago
Shearwater platform (illustration); Source: Shell
Exploration & Production

UK’s tax changes: First step to ‘restore confidence’ in oil & gas sector and safeguard energy security

The UK has now made adjustments to the oil and gas tax terms in a bid to protect the country’s energy security.

about 3 years ago
Scarabeo 8 rig; Source: Saipem
Exploration & Production

Confirmation of ‘significant’ oil discovery in North Sea comes with details galore

Aker BP recently revealed a new oil discovery in the North Sea off Norway, which was made using a Saipem-owned rig.

about 3 years ago
Illustration; Source: EIA
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
Jotun FPSO; Source: Vår Energi
Exploration & Production

Halliburton lands five-year deal for offshore drilling services

Haliburton has been picked by Vår Energi for a long-term strategic partnership, covering drilling services on the Norwegian Continental Shelf.

about 3 years ago
Illustration; Source: American Petroleum Institute (API)
Exploration & Production

Lack of policies in support of oil & gas risk killing America’s golden goose while renewables face similar permitting issues

America’s oil & gas and renewables are in need of encouraging policies to flourish and meet the increasing demand at home and abroad.

about 3 years ago
Alvheim FPSO; Source: Aker BP
Exploration & Production

Norway greenlights $700 million tie-back project in North Sea

Aker BP has received approval for a plan for development and operation (PDO) of its offshore tie-back project in the North Sea.

about 3 years ago
ADNOC
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
Petrobras
Exploration & Production

Sale of 22 onshore and shallow water fields winds up as new operator takes the helm

Petrobras has wrapped up the sale of its interest in a cluster, encompassing a set of 22 concessions of onshore and shallow water fields.

about 3 years ago
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