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Exploration & Production

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Fossil EnergyFPSO & VesselsOil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersRigsClean FuelHydrogenOffshore WindWind FarmsCollaborationInfrastructureOutlook & StrategyLNGAuthorities & GovernmentEnvironmentRegulation & PolicySubseaOperations & MaintenanceElectric
FPSO Anna Nery; Source: Yinson
Exploration & Production

New FPSO comes on stream off Brazil

A new FPSO unit for Petrobras’ revitalisation project in Campos Basin offshore Brazil, has started production.

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
3D model of FPSO for Uaru project; Source: MODEC
Exploration & Production

MODEC’s Guyana-bound FPSO destined for ExxonMobil’s fifth oil project goes to EPCI stage

MODEC is moving to the engineering, procurement, construction, and installation (EPCI) phase for ExxonMobil’s FPSO destined to work in Guyana.

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

Buoyed by first oil discovery in 2023, Murphy spuds another exploration prospect in Gulf of Mexico

Murphy Oil started drilling its second well in the U.S. Gulf of Mexico, after making a new oil discovery at its first prospect in 2023.

about 3 years ago
Lhyfe ABB Skyborn SoutH2Port
Exploration & Production

ABB joins offshore wind-to-hydrogen project in Sweden

ABB has announced that it will collaborate with Lhyfe and Skyborn to jointly realise and optimise SoutH2Port renewable hydrogen project located in Sweden. Together with Lhyfe and Skyborn, ABB will drive large-scale integration of the production of offshore wind renewable energy hydrogen into the ene

about 3 years ago
Noble Globetrotter I (for illustration purposes); Source: Noble Corporation
Exploration & Production

U.S. offshore rig count moves up a gear after two weeks of being idle

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

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

Shell hands out deal for deepwater U.S. Gulf of Mexico project

Shell has hired Australia’s engineering company Worley to support its deepwater development project in the U.S. Gulf of Mexico (GOM).

about 3 years ago
Dover is a planned subsea tie-back to Appomattox, a Shell-operated production hub in the U.S. Gulf of Mexico; Source: Shell
Exploration & Production

Shell scores high against backdrop of lower oil & gas prices while ConocoPhillips’ earnings take a hit

Two oil majors, Shell and ConocoPhillips, have joined their peers in posting 1Q 2023 results, which were hampered by lower oil & gas prices.

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

Semi-sub rig booked for drilling gig off Namibia

Galp has hired a semi-submersible rig, owned by SFL Corporation (SFL) and managed by Odfjell Drilling, for a drilling campaign off Namibia.

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

ExxonMobil’s first development off Guyana found to be in breach of oil spill insurance obligations

A Guyanese court recently ruled that ExxonMobil is in breach of oil spill insurance obligations for its first oil project located off Guyana.

about 3 years ago
Cambo FPSO design; Source: Sevan SSP
Exploration & Production

Shell inks deal with Ithaca to offload its stake in UK’s ‘second largest undeveloped field’

Shell has signed an agreement with Ithaca Energy, defining a marketing process for its interest in the controversial Cambo development.

about 3 years ago
FDS2 vessel; Source: Saipem
Exploration & Production

Green light for Saipem to move ahead with work on ExxonMobil’s fifth oil development off Guyana

Saipem has been given the go-ahead to proceed with the final phase of ExxonMobil’s recently sanctioned $12.7 billion oil project off Guyana.

about 3 years ago
Noble Don Taylor drillship; Source: Noble Corporation
Exploration & Production

With $1.1 billion in the bag, Noble looks forward to reaping further benefits of tightening rig market

Noble has won new contracts and extensions for multiple rigs in Guyana, Colombia, the U.S. Gulf of Mexico, and offshore Sarawak, Malaysia.

about 3 years ago
Infinium produces ton of CO2 conversion catalyst
Exploration & Production

Infinium produces ton of CO2 conversion catalyst

Electrofuels provider Infinium has manufactured a ton of its proprietary, patented CO2 conversion catalyst at its facility in West Sacramento, California, US. According to Infinium, its catalyst is a critical component in the creation of electrofuels (eFuels), a new class of synthetic fuels that rep

about 3 years ago
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