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Exploration & Production

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Illustration; Source: Shell
Exploration & Production

Shell and MET Group pen new multi-year US LNG supply deal

MET International, the trading and wholesale arm of Swiss-based integrated energy company MET Group, and UK-headquartered energy giant Shell have struck a long-term liquefied natural gas (LNG) agreement to strengthen Europe’s energy security with LNG sourced from the United States (U.S.).

about 1 month ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Exploration & Production

Germany-UAE energy ties deepen as RWE, Masdar and ADNOC eye LNG supply and €3B offshore wind investment

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Germany and the United Arab Emirates are stepping up energy cooperation, with German power producer RWE joining Abu Dhabi clean-energy firm Masdar and oil and gas giant ADNOC to pursue plans spanning more than €3 billion in potential offshore wind investment and advancing talks on long-term liquefie

about 1 month ago
Gjøa; Source: Vår Energi
Exploration & Production

Fulkrum steps up Norwegian offshore oil & gas presence with Vår Energi deal

Fulkrum, a London-headquartered technical services company providing inspection, expediting, auditing and technical staffing solutions to energy and industrial projects, has landed an inspection services contract with Vår Energi, an independent oil and gas operator on the Norwegian Continental Shelf

about 1 month ago
21 companies apply for Norway’s new oil & gas exploration areas
Exploration & Production

21 companies apply for Norway’s new oil & gas exploration areas

The Norwegian Ministry of Energy has received applications from 21 companies showing interest in new exploration areas on the Norwegian Continental Shelf (NCS) as part of this year’s Awards in predefined areas (APA) licensing round. APA 2026 was announced on May 5, with applications closing on Septe

about 1 month ago
Deepsea Bergen rig; Source: Odfjell Drilling
Exploration & Production

Odfjell Drilling’s new rig busy until 2031 thanks to deal with Vår Energi

Odfjell Drilling has signed a letter of award (LOA) with Vår Energi for a 2019-built semi-submersible rig that it purchased at the end of 2025, extending the unit’s firm contract backlog until Q1 2031. The scope of work awarded for Deepsea Bergen includes a period of three years, starting in early 2

about 1 month ago
Illustration; Source: McDermott
Exploration & Production

First subsea contract with Eni takes McDermott to Cyprus

U.S. offshore engineering and construction player McDermott has secured its first subsea contract with Eni for the first gas development in Cyprus. Operated by Eni and located in deep offshore waters approximately 185 kilometers southwest of the coast of Cyprus, in offshore Block 6, Cronos was disco

about 1 month ago
Saipem put in charge of commissioning services for Türkiye-bound FPU
Exploration & Production

Saipem put in charge of commissioning services for Türkiye-bound FPU

Saipem has secured a new contract with GOE Petrol Sanayi to provide commissioning services for a floating production unit (FPU) destined for Türkiye’s largest natural gas field. Saipem’s scope of work for the Osman Gazi FPU, intended for the development of the Sakarya gas field in the Turkish Black

about 1 month ago
Vertical Corridor expands into Western Balkans; Source: Gastrade
Exploration & Production

Boost for Europe’s energy diversification and cross-border gas flows as Western Balkans plug into Vertical Corridor

The Vertical Corridor is expanding into the Western Balkans, with North Macedonia and Serbia joining the regional gas initiative in a move set to strengthen energy diversification, cross-border connectivity, and security of supply from Greece to markets across Southeast and Central Europe.

about 1 month ago
ETAP facility in the North Sea; Source: BP
Exploration & Production

BP tasks Baker Hughes with production enhancement across UK North Sea assets

UK-headquartered energy giant BP has hired U.S.-headquartered energy technology giant Baker Hughes to support new well development and production optimization across its North Sea operations on the UK Continental Shelf (UKCS).

about 1 month ago
Isabella LNG carrier, owned by Maran Gas, completed its first LNG loading at Cheniere’s Sabine Pass facility in Louisiana. The vessel is one of several contracted by Equinor to transport LNG under the
Exploration & Production

First US LNG cargo puts Equinor on course to double global portfolio by decade-end

Norwegian state-owned energy giant Equinor is scaling up its liquefied natural gas (LNG) ambitions with its first cargo from the U.S. Gulf Coast under long-term supply agreements with Texas-headquartered Cheniere, as the company works to double its global LNG portfolio by 2030.

about 1 month ago
A North Sea platform
Exploration & Production

Smulders HSM, SPIE and Scaldis help future-proof offshore wind-powered North Sea gas platform

An integrated project team comprising Smulders HSM, a provider of multidisciplinary offshore platform solutions, SPIE, a multi-technical services provider, and offshore installation partner Scaldis, has been tasked with handling the next phase of a gas project in the Dutch North Sea, with a new comp

about 1 month ago
Central Azeri Patform, Caspian Sea - Petrofac
Exploration & Production

BP wraps up Caspian Sea platform turnaround ahead of schedule: Production ramp-up underway

UK-headquartered energy giant BP has finished a multi-day planned turnaround earlier than planned at its platform in the Caspian Sea, with production now growing to pre-maintenance levels.

about 1 month ago
FPSO Skarv; Source: Aker BP
Exploration & Production

Three-field FPSO tie-back starts flowing oil a year early, unlocking 120 million Norwegian barrels

Norway’s oil and gas company Aker BP has kicked off production from three fields in the Norwegian Sea, bringing the developments on stream a year ahead of schedule and adding around 120 million barrels of recoverable oil equivalent to the resource base on the Norwegian Continental Shelf (NCS).

about 1 month ago
Troll A platform; Source: Jan Arne Wold/Equinor
Exploration & Production

30-year-old North Sea project gets gas boost with early start to its next chapter

With three decades under its belt, a giant gas project is getting a new lease of life, as the latest phase of its development begins production ahead of schedule, accelerating the delivery of 55 billion cubic meters (bcm) of gas to Europe.

about 1 month ago