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Exploration & Production

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U.S. offshore rig count slips down few more notches
Exploration & Production

U.S. offshore rig count slips down few more notches

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the U.S. took a tumble last week and fell by 3 more units.

about 3 years ago
In focus: European countries keeping pace with the hydrogen uptick
Exploration & Production

In focus: European countries keeping pace with the hydrogen uptick

A closer look at this week’s highlights of the latest energy transition-related news gives us an insight into what the future may hold for the sector. With the world’s energy security at the top of nations’ agendas, more and more countries around the world are preparing to shift to renewable energy

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about 3 years ago
Drilling campaign in Gulf of Mexico on Murphy’s agenda for 2023
Exploration & Production

Drilling campaign in Gulf of Mexico on Murphy’s agenda for 2023

Houston-based oil and gas company Murphy Oil is working on progressing its 2023 drilling campaign in the Gulf of Mexico.

about 3 years ago
Rig revamped into MOPU getting crowned
Exploration & Production

Rig revamped into MOPU getting crowned

ONGC has set the wheels into motion to crown a jack-up rig, which was recently converted into a mobile offshore production unit (MOPU).

about 3 years ago
Ocyan scores new long-term gig for semi-sub rig
Exploration & Production

Ocyan scores new long-term gig for semi-sub rig

Ocyan has secured a new long-term operating deal for a semi-submersible rig, which will carry out operations offshore Brazil.

about 3 years ago
Wintershall Dea cleared to deploy well intervention vessel on four fields off Norway
Exploration & Production

Wintershall Dea cleared to deploy well intervention vessel off Norway

Wintershall Dea has received consent to use one of Island Offshore’s vessels for light well intervention work on four fields offshore Norway.

about 3 years ago
Greek firm to deliver pipe for Mediterranean gas field optimization project
Exploration & Production

Greek firm to deliver pipe for Mediterranean gas field optimization project

Chevron Mediterranean Limited has awarded Corinth Pipeworks with a contract to deliver approximately 155 kilometers of steel pipes for a gas field optimization development in the Southeastern Mediterranean. Under the contract, the Greek company will manufacture and supply approximately 155 kilometer

about 3 years ago
OMV to spud North Sea prospect with Odfjell rig
Exploration & Production

OMV to spud North Sea prospect with Odfjell rig

OMV has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.

about 3 years ago
Brazilian deepwater field’s sale process winds down with payment of nearly $2 billion
Exploration & Production

Brazilian deepwater field’s sale process winds down with total payment of nearly $2 billion

PRIO has made a payment of almost $2 billion for the acquisition of Petrobras’ entire stake in a deepwater field off Brazil.

about 3 years ago
2023 to be a busy year for offshore rigs, pushing utilisation and day rates up, says Westwood
Exploration & Production

Westwood: 2023 shaping up to be a busy year for offshore rigs with further boost in day rates

Westwood forecasts global marketed offshore rig utilisation to average 95 per cent this year with day rates getting a further boost.

about 3 years ago
Storage of natural gas and hydrogen ‘fundamental’ to tackling energy crisis and decarbonisation
Exploration & Production

Natural gas and hydrogen storage ‘fundamental’ to tackling energy crisis and decarbonisation

Ramping up storage of natural gas and hydrogen is seen as a solution to both the energy crisis and energy transition.

about 3 years ago
Sakhalin Energy exceeds its 2022 targets
Exploration & Production

Sakhalin Energy exceeds its 2022 targets

Russian LNG producer Sakhalin Energy has surpassed its 2022 targets, producing about 11.5 million tonnes of LNG and 3.7 million tonnes of Sakhalin blend oil. According to the company, all products were delivered to the buyers on time in full compliance with the SPA terms. The major LNG markets inclu

about 3 years ago
ExxonMobil’s new oil discovery off Guyana comes with potential to underpin future development
Exploration & Production

ExxonMobil’s new oil discovery off Guyana could underpin future development

ExxonMobil has made a significant oil discovery at the Stabroek block, fortifying its portfolio of development opportunities offshore Guyana.

about 3 years ago
Woodside sets its sights on sanctioning and bringing online multiple energy projects this year
Exploration & Production

Australian giant sets its sights on sanctioning and commissioning several energy projects this year

A deep dive into Woodside’s recent activities related to ongoing projects and financial and operational results for 4Q 2022.

11 minutes read