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Exploration & Production

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Fossil EnergyOil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersFPSO & VesselsRigsOperations & MaintenanceAuthorities & GovernmentRegulation & PolicyRules & RegulationDeepwater InstallationSubseaInfrastructureOutlook & Strategy
Offshore areas’ map for Open Uruguay Round; Source: ANCAP
Exploration & Production

With last block off Uruguay up for grabs, Isle of Man-based player as sole bidder anticipates award in coming weeks

Challenger Energy has bid for and expects to be awarded a shallow water exploration block located off Uruguay.

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

BW Offshore secures time to hash out sale talks with new FPSO extension deal off Ivory Coast

BW Offshore has secured a short-term contract extension for one of its FPSOs, which is working at a field located offshore the Ivory Coast.

about 3 years ago
NAGA 2 rig; Source: Velesto Energy
Exploration & Production

New drilling assignment for Velesto jack-up rig

Velesto has secured work with an estimated combined contract value of $10.9 million for one of its jack-up drilling rigs.

about 3 years ago
FPSO FPF – 003; Source: Petrofac
Exploration & Production

More time for Petrofac on FPSO working in Gulf of Thailand

Petrofac has been awarded a long-term extension for the provision of operations and maintenance services on an FPSO working off Thailand.

about 3 years ago
Timor-Leste regional map; Source: Baron Oil
Exploration & Production

As farm-out talks continue, UK player gets short-term extension for gas asset off Timor-Leste

Baron Oil has been granted a short-term extension to take care of the required preparations prior to entering the drilling phase of a PSC.

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

More gas flows from Black Sea field as fifth well in ongoing drilling campaign comes on stream

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

about 3 years ago
The Bay du Nord FPSO development concept; Source: Equinor
Exploration & Production

$12-billion mega Bay du Nord oil project put on the back burner for three years

Equinor has put on hold for three years the development of its controversial Bay du Nord oil project off the coast of Newfoundland & Labrador.

about 3 years ago
New development plan for reservoir off Cyprus includes 'change to fundamental project concept'
Exploration & Production

New development plan for reservoir off Cyprus includes ‘change to fundamental project concept’

The partners behind the Aphrodite Reservoir in Cyprus have submitted an updated plan for the development of the project to the country’s government, said to include a change to the fundamental project concept of the approved development and production plan. Chevron Cyprus, BG Cyprus, part of Shell,

about 3 years ago
Petrobras
Exploration & Production

Four oil & gas giants ink deal for Brazilian offshore exploration block

Four oil and gas players have signed a production sharing contract (PSC) for an exploration block located offshore Brazil.

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

More time in Nigeria for BW Offshore FPSO

Eni has handed out another short-term contract extension to BW Offshore for an FPSO, working on a field located offshore Nigeria.

about 3 years ago
FPSO Jasmine Venture MV7; Source: MODEC
Exploration & Production

Five more years at Canadian firm‘s oil field lay in store for Thai FPSO

Canada-based oil and gas company Valeura Energy has extended two contracts related to an oil field offshore Thailand.

about 3 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Exploration & Production

Equinor comes up empty in North Sea well

Equinor has completed the drilling of an exploration well near the Troll field in the Norwegian North Sea but failed to find hydrocarbons.

about 3 years ago
Deepsea Yantai rig; Source: Odfjell Drilling
Exploration & Production

Odfjell Drilling confirms another drilling job for semi-sub rig

Offshore drilling contractor Odfjell Drilling has confirmed a new contract for a rig it manages on behalf of CIMC Offshore.

about 3 years ago
FPSO Almirante Barroso; Credit: CHUN YEAU NG; Source: Petrobras
Exploration & Production

Brand-new FPSO starts work at ‘largest deepwater field in the world’

Petrobras has kicked off production from a new FPSO, deployed in the pre-salt Santos Basin offshore Brazil.

about 3 years ago
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