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Exploration & Production

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Fossil EnergyOil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsRegulation & PolicyRules & RegulationClean FuelLiquefied Natural GasOther FuelsInfrastructureOutlook & StrategyProject & TendersVesselsProduction & ProcessingSubseaFPSO & Vessels
Otway Basin assets; Source: Amplitude Energy
Exploration & Production

Australian offshore production license paving the way for first gas in 2028

Amplitude Energy (formerly Cooper Energy), an Australian gas production company focused on supplying the Southeast domestic gas market, has obtained a production license, which entails an undeveloped gas discovery in the Otway Basin off the coast of Victoria, Australia.

about 4 months ago
Delfin LNG; Source: Delfin Midstream
Exploration & Production

20-year offtake deal in the US LNG deepwater port project’s bag

Delfin Midstream, a U.S.-based liquefied natural gas (LNG) export infrastructure development company, has sealed a new multi-year LNG supply agreement with Gunvor International B.V. Amsterdam, Geneva Branch (Gunvor).

about 5 months ago
Nidoco N-2 well was drilled from onshore using advanced directional drilling technologies; Source: Egypt's Ministry of Petroleum and Mineral Resources
Exploration & Production

Fresh gas discovery unveiled as Eni and BP drill offshore well from onshore

Italy’s energy giant Eni and its partner, UK-headquartered BP, have used advanced directional drilling technologies to spud an offshore well from onshore, which led to a new natural gas discovery off the coast of Egypt.

about 5 months ago
Audacia pipelay vessel; Source: Allseas
Exploration & Production

First gas on track before 2026 ends with Southeast Asian project’s subsea ops in full swing

With subsea installation works underway, Prime Energy Resources Development (Prime Energy), a subsidiary of Prime Infrastructure Capital, is putting all the required pieces in place to bring the next stage of its natural gas project online off the coast of the Philippines.

about 5 months ago
FPS Shenandoah; Source: Navitas Petroleum
Exploration & Production

Oil & gas search in US Gulf: Drilling ops underway at one project with appraisal coming up soon at another

While drilling activities are ongoing at one development in the Gulf of America (U.S. Gulf of Mexico), appraisal operations are slated to kick off at another project before the end of the second quarter of 2026.

about 5 months ago
Valaris 123, former Ensco 123, jack-up rig; Source: Valaris
Exploration & Production

Valaris’ batch of rig deals lifts total contract backlog to $4.9 billion

Bermuda-incorporated offshore drilling contractor Valaris has secured new rig assignments and contract extensions in Brazil, Brunei, Indonesia, and the UK and Dutch sectors of the North Sea.

about 5 months ago
FPSO P68 operating in the Berbigão and Sururu fields; Credit: André Ribeiro/Agência Petrobras
Exploration & Production

Petrobras, Shell, TotalEnergies, and Petrogal formalize production split for Brazilian oil field duo

Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has disclosed the go-ahead for the production individualization agreements (AIPs) for shared reservoirs in the pre-salt layer of the Santos Basin.

about 5 months ago
An offshore platform
Exploration & Production

Shell and Kosmos put US Gulf hydrocarbon prospect on their 2027 drilling agenda

U.S.-headquartered oil and gas exploration and production company Kosmos Energy and its partner, Shell, are planning to spud a prospect in the Gulf of America (U.S. Gulf of Mexico) next year.

about 5 months ago
Saipem’s Castoro 10 starts pipelaying on Romania’s €4 billion natural gas project
Exploration & Production

Saipem’s Castoro 10 starts pipelaying on Romania’s €4 billion natural gas project

Saipem’s 165-meter-long pipelay vessel Castoro 10 has begun the construction of an offshore pipeline in the Romanian part of the Black Sea that will transport natural gas from an offshore production platform to shore as part of the Neptun Deep project. With estimated investments of up to €4 billion,

about 5 months ago
Illustration; Credit: Morten Berentsen/NOD
Exploration & Production

70 more offshore exploration blocks widen Norway’s new oil & gas licensing round

Norway’s Ministry of Petroleum and Energy has shed light on the expanded award in pre-defined areas 2026 (APA 2026) round for oil and gas exploration activity, encompassing the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and Barents Sea.

about 5 months ago
EnerMech joins Subsea7 on Mexico’s first deepwater oil project
Exploration & Production

EnerMech joins Subsea7 on Mexico’s first deepwater oil project

Subsea7 has awarded Aberdeen-headquartered integrated solutions specialist EnerMech with a subsea pre-commissioning contract for what is described as the first ultra-deepwater oil development in Mexico. EnerMech will deploy its pre‑commissioning spreads and will deliver flooding, cleaning, gauging,

about 5 months ago
Kvitebjørn - Equinor - Wellesley
Exploration & Production

Aker Solutions on FEED duty for North Sea gas condensate discovery

Norway-based energy services provider Aker Solutions has lined up a new front-end engineering and design (FEED) assignment for a gas condensate subsea tie-in development project in the Norwegian sector of the North Sea with the country’s state-owned energy giant Equinor.

about 5 months ago
Gina Krog; Source: Orlen
Exploration & Production

North Sea field’s start-up augments Europe’s gas arsenal 48-years after discovery

Norwegian state-owned energy giant Equinor has brought online a subsea tie-back development in the North Sea off the coast of Norway, unleashing more gas supplies for the European market.

about 5 months ago
FPSO P-79 is the eight of the 12 units planned for installation in the Búzios field and joins the seven others already in operation; Source: Petrobras
Exploration & Production

Eighth FPSO at Brazil’s giant deepwater field begins producing, four to go

Brazilian state-owned oil & gas giant Petrobras has commenced production from the eighth floating production storage and offloading (FPSO) vessel at the Búzios field offshore Brazil earlier than planned. Located in the pre-salt layer of the Santos Basin, the P-79 platform began production on May 1,

about 5 months ago
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