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Exploration & Production

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DecommissioningFossil EnergyOil & GasRigsBusiness & FinanceBusiness Developments & ProjectsProject & TendersSubseaEquipmentClean FuelHydrogenLNGAuthorities & GovernmentCarbon Capture Usage & StorageEnvironmentMarket OutlooksOutlook & StrategyRegulation & PolicyRules & RegulationTransitionFPSO & VesselsVesselsOffshore Wind
Island Drilling’s rig secures additional work in Africa
Exploration & Production

Island Drilling’s rig secures additional work in Africa

Island Drilling has been awarded a contract extension for its semi-submersible rig, which will prolong the rig’s assignment off Mauritania.

about 3 years ago
Aker Solutions to deliver subsea equipment to TotalEnergies' oil development off Brazil
Exploration & Production

Aker Solutions to deliver subsea equipment for TotalEnergies’ oil development off Brazil

Aker Solutions has secured a contract with French energy giant TotalEnergies for the delivery of the subsea production system, tools and related EPCI interfaces for the Lapa South West field construction offshore Brazil. The development concept located in the pre-salt Santos Basin is a subsea tie-ba

about 3 years ago
Shell hires Stena drillship for drilling campaign in Mediterranean
Exploration & Production

Shell hires Stena drillship for Mediterranean drilling campaign

Offshore drilling contractor Stena Drilling has secured a new drilling contract with Shell’s subsidiaries for operations offshore Egypt.

about 3 years ago
While oil & gas will stay America’s darlings for decades to come, low-carbon energy is industry’s paradigm
Exploration & Production

Oil & gas to stay America’s darlings for decades to come with low-carbon shift as industry’s paradigm

A new three-part plan to unleash American energy confirms the reign of oil and gas is far from over, but the shift to low-carbon is the industry’s paradigm.

about 3 years ago
As 16-year deal comes to an end, Yinson sells FPSO operating off Nigeria
Exploration & Production

As 16-year deal comes to an end, Yinson sells FPSO operating off Nigeria

Following the completion of a 16-year contract, Malaysia’s Yinson has wrapped up the sale of an FPSO deployed off Nigeria.

about 3 years ago
U.S. sees an upturn in offshore rig count activity
Exploration & Production

U.S. sees an upturn in offshore rig count activity

The U.S. stepped up its game last week and recorded an increase in the number of offshore rigs to 19, based on Baker Hughes’ weekly rig count report.

about 3 years ago
Eni prolongs FPSO’s stay off Nigeria
Exploration & Production

Eni prolongs FPSO’s stay off Nigeria

Eni has handed out another short-term contract extension to BW Offshore for one of its FPSOs, which is working on a field offshore Nigeria.

about 3 years ago
FPSO Guanabara; Source: MODEC
Exploration & Production

FPSO on Brazil’s third largest oil field goes full steam ahead with maximum production capacity

Petrobras has revealed that an FPSO, currently producing oil and gas at a field off Brazil, has reached its maximum production capacity.

about 3 years ago
Following lifetime extension, Canadian field gets oil resources upgrade
Exploration & Production

Following lifetime extension, Canadian field gets oil resources upgrade

Following the decision to extend the lifetime of the field, Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has updated the most likely recoverable oil, contingent gas and natural gas liquid (NGL) resources estimate for the White Rose Field. Canada’s Cenovus Energy, the company b

about 3 years ago
TotalEnergies sanctions oil development off Brazil
Exploration & Production

TotalEnergies reveals plans to invest $1 billion in oil development off Brazil

TotalEnergies has approved a final investment decision for an oil development project in the Santos Basin, 300 km off the coast of Brazil.

about 3 years ago
Fresh gas discovery for Chevron
Exploration & Production

Fresh gas discovery for Chevron

U.S.-headquartered energy giant Chevron has made a new gas discovery in the Eastern Mediterranean Sea, offshore Egypt.

about 3 years ago
Deep dive: What's in store for Valaris rigs?
Exploration & Production

Deep dive: What’s in store for Valaris rigs?

An in-depth review of Valaris’ rigs, including details about new contracts and extensions along with other recent activities related to its fleet.

about 3 years ago
Low-carbon investments set to hit $620 billion in 2023, Rystad says
Exploration & Production

Low-carbon investments set to hit $620 billion in 2023, Rystad says

While low-carbon investments overtook oil & gas spending for the first time in 2022, this growth is expected to slow in 2023, says Rystad.

about 3 years ago
Beacon gives out another contract for Gulf of Mexico project
Exploration & Production

Beacon gives out another contract for Gulf of Mexico project

Houston-based oil and gas service company Trendsetter Engineering has secured a contract to support the development of Beacon Offshore Energy’s project located in the Gulf of Mexico. Under the multi-year rental and servicing agreement, Trendsetter will provide a 20,000 psi subsea well intervention p

about 3 years ago
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