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Exploration & Production

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Equinor
Exploration & Production

While contributing to Europe’s energy security, Equinor rakes in all-time high profits

Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand.

about 3 years ago
Noble Valiant drillship; Source: Noble Corp
Exploration & Production

TotalEnergies racks up ‘substantial resources’ for potential oil development off Suriname

TotalEnergies has completed the drilling and a flow test at an appraisal well in Block 58 offshore Suriname, encountering oil and adding additional resource potential towards establishing a black oil development hub.

about 3 years ago
Transocean Enabler rig; Photo: Transocean
Exploration & Production

Fresh oil discovery in Barents Sea

Norwegian oil and gas player Vår Energi has made a new oil discovery in the Barents Sea off Norway, using a Transocean-owned rig.

about 3 years ago
Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Exploration & Production

New oil & gas discovery in North Sea with tie-back on the horizon

Norwegian state-owned energy giant Equinor has made a new commercial oil and gas discovery in the North Sea off Norway, using a Transocean-owned rig.

about 3 years ago
TotalEnergies
Exploration & Production

2022: a banner year for TotalEnergies’profit with LNG as a trump card for further growth

After boosting its annual profits in 2022, TotalEnergies plans to strengthen its position in Europe by pursuing further LNG growth.

about 3 years ago
Masdar and Verbund ally on hydrogen production
Exploration & Production

Masdar and Verbund ally on hydrogen production

Abu Dhabi-based clean energy company Masdar and Austria’s energy utility company Verbund have signed a Memorandum of Understanding (MoU) to explore the production of green hydrogen for the Central Europe market. As per the agreement, the two companies will cooperate on developing pathways to produce

about 3 years ago
FPSO Montara Venture; Source: Jadestone Energy
Exploration & Production

As FPSO repairs near completion, Australian field still on track to come back online this month

With the closing of the general direction for the project, Singapore’s Jadestone Energy has made a significant step towards wrapping up the remaining works for an FPSO operating on a field in the Timor Sea off Australia and restarting production from this field later this month.

about 3 years ago
West Jupiter drillship; Source: Seadrill
Exploration & Production

Seadrill drillship kicks off its gig off Brazil

Seadrill has revealed that one of its drillships embarked on its assignment at a field offshore Brazil with the country’s oil and gas giant Petrobras.

about 3 years ago
Noble Resilient (former Maersk Resilient) jack-up rig; Source: Maersk Drilling
Exploration & Production

Shell’s UK prospect seen as one of North Sea’s ‘largest natural gas discoveries’ in over a decade

Shell has completed flow test results for the Pensacola well in the North Sea, which is said to have opened a new Zechstein play in this mature basin.

about 3 years ago
BP
Exploration & Production

‘Performing while transforming’ pays off for BP as it joins other oil majors in profit bonanza

After BP more than doubled its annual profit in 2022 on the back of high oil and gas prices, the oil major is now caught in environmentalists’ crosshairs.

about 3 years ago
Uniper to negotiate green ammonia offtake from India’s Kakinada
Exploration & Production

Uniper to negotiate green ammonia offtake from India’s Kakinada

German-based energy company Uniper and Greenko ZeroC Private Limited, a subsidiary of India’s Greenko Group, have signed a Memorandum of Understanding (MoU) and Heads of Terms for Uniper to enter into exclusive negotiations for the offtake of green ammonia from Phase 1 of Greenko ZeroC’s ammonia pro

about 3 years ago
Offshore Energies UK (OEUK)
Exploration & Production

OEUK: Calls for UK windfall tax on oil & gas player’s global profits ‘deliberately misleading’

Offshore Energies UK (OEUK) has warned that the calls for new windfall taxes on energy producers’ global profits are misleading.

about 3 years ago
Oseberg C; Credit: Øyvind Hagen/Equinor
Exploration & Production

Equinor to tackle helideck nonconformities at two North Sea platforms

Norwegian regulator has conducted an audit of the management of emergency preparedness and helidecks at Equinor’s two North Sea platforms.

about 3 years ago
Illustration of Bay du Nord FPSO; Source: Equinor
Exploration & Production

What’s new for the controversial Bay du Nord oil project?

The court hearing for the controversial Bay du Nord offshore oil project was expected to kick off last week, however, this was not the case. What does this mean for the project? Is the hearing cancelled or just postponed until a later date?

about 3 years ago
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