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Exploration & Production

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Fossil EnergyOil & GasRigsBusiness & FinanceBusiness Developments & ProjectsAuthorities & GovernmentRegulation & PolicySeismicSubseaCollaborationOutlook & StrategyProject & TendersFPSO & VesselsVesselsSurveys & InterventionsClean FuelLiquefied Natural GasOther Fuels
Stena IceMax; Source: Stena Drilling
Exploration & Production

Shell spins the drill bit with Stena drillship in Egyptian waters

UK-headquartered energy giant Shell has embarked on multi-well drilling activities off the coast of Egypt with a drillship owned by Scotland-headquartered offshore drilling contractor Stena Drilling.

about 7 months ago
COSL Innovator rig; Source: COSL
Exploration & Production

North Sea oil & gas drilling ops with COSL rig good to go

Norwegian state-owned energy giant Equinor has secured the go-ahead from the country’s authorities to use one of COSL Drilling Europe’s semi-submersible rigs for drilling operations in the North Sea off the coast of Norway.

about 7 months ago
COSL Prospector rig; Source: COSL
Exploration & Production

Barents Sea prospect ends up being dry

Norwegian state-owned oil and gas giant Equinor has conducted drilling activities at a wildcat well in the Barents Sea off the coast of Norway with one of COSL Drilling Europe’s semi-submersible rigs. This well did not yield commercial quantities of hydrocarbons.

about 7 months ago
Türkiye‘s national oil & gas company enters Bulgarian offshore license as partner to Shell
Exploration & Production

Türkiye‘s national oil & gas company enters Bulgarian offshore license as partner to Shell

Türkiye‘s national oil & gas giant Türkiye Petrolleri A.O. (TPAO) has become a partner in an offshore exploration license in Bulgaria, located near Sakarya, Türkiye’s largest natural gas field. TPAO reported today, February 18, that it had, as a partner, joined the exploration license in the Khan Te

about 7 months ago
Equinor picks OneSubsea for subsea compression upgrade
Exploration & Production

Equinor picks OneSubsea for subsea compression upgrade

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured an engineering, procurement and construction (EPC) contract from Norwegian state-owned energy firm Equinor to upgrade the subsea compression system for the Gullfaks field in the Norwegian North Sea. SLB said that OneSu

about 7 months ago
Deep Value Driller drillship; Source: Deep Value Driller
Exploration & Production

Saipem to buy seventh-gen Deep Value Driller drillship for $272.5 million

Norwegian drillship-owning company Deep Value Driller has entered into an agreement with Italy’s engineering, drilling, and construction services giant Saipem for the sale of its seventh-generation drillship for a total purchase price of $272.5 million. In the announcement of the amended bareboat ch

about 7 months ago
Eni makes Côte d’Ivoire’s second-largest gas discovery
Exploration & Production

Eni makes Côte d’Ivoire’s second-largest gas discovery

Italy’s energy giant Eni has made a gas and condensate discovery offshore Côte d’Ivoire, said to be the second largest in the country after Baleine, discovered in 2021. The discovery, named Calao South, was made within the major Calao channel complex, which also includes the Calao discovery, with th

about 7 months ago
Man with a hardhat with words "Chevron" on it with an offshore rig in the background
Exploration & Production

Chevron, Helleniq Energy win leases to explore four blocks offshore Greece

U.S.-headquartered Chevron, through its four Dutch subsidiaries, and Greece’s Helleniq Energy have signed lease agreements with the Greek government for the exploration of four blocks offshore Greece. The awarded consortium, in which Chevron holds a 70% operating interest and Helleniq Energy a 30% i

about 7 months ago
1990-built FPSO to keep working offshore Vietnam until end of 2027
Exploration & Production

1990-built FPSO to keep working in Vietnam until end of 2027

A joint venture (JV) company of Malaysia’s MISC Group and Vietnamese PetroVietnam Technical Services Corporation (PTSC) has secured a contract that will keep a 1990-built floating production, storage, and offloading (FPSO) vessel working in Vietnam. The contract awarded to Vietnam Offshore Floating

about 7 months ago
Equinor, Petoro and OMV get lucky in waters off Bergen
Exploration & Production

Equinor, Petoro and OMV get lucky in waters off Bergen

Equinor and its partners Petoro and OMV have made an oil & gas discovery some 190 kilometers northwest of Bergen, in Norway, marking the first exploration well drilled in the production license. Wildcat wells 33/12-N-3 HH and 33/12-N-3 GH were drilled in the Granat prospect near Gullfaks, in connect

about 7 months ago
Illustration; Source: Türkiye Petrolleri A.O. (TPAO)
Exploration & Production

BP and TPAO seal oil & gas cooperation pact

UK-headquartered energy giant BP has struck a deal with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to pool resources in the oil and gas exploration and production arena.

about 7 months ago
Illustration; Source: Petronas
Exploration & Production

Petronas enlarges oil & gas portfolio with block offshore Oman

PC Oman Ventures Ltd (PCOVL), a wholly-owned subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, has signed up for oil and gas exploration in a block off the coast of the Sultanate of Oman through a deal with the country’s government and OQ Exploration and Production Batinah Offsh

about 7 months ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Exploration & Production

Go-ahead for Equinor to use 2016-built rig at North Sea field

Norway’s state-owned energy giant Equinor has received clearance to deploy a ten-year-old jack-up rig at its offshore field on the Norwegian Continental Shelf (NCS).

about 7 months ago
Rendering of Argentina LNG project; Source: YPF
Exploration & Production

ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande

about 7 months ago
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