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Exploration & Production

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North Field East (NFE) LNG expansion project will raise Qatar’s LNG export capacity from the current 77 mtpa to 110 mtpa; Source: QatarEnergy
Exploration & Production

2025 at a glance: LNG wave sweeps across global gas markets

With energy security still at the forefront, several liquefied natural gas (LNG) projects have been given the green light to proceed to production mode across the globe, with the United States (U.S.) running the show. As a result, 2025 marked the start of the next wave of LNG projects that are antic

about 9 months ago
FPSO; Source: MODEC
Exploration & Production

Throwback: Top oil & gas final investment decision picks

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As the global oil and gas story expands with new discoveries and projects, many operators have been laying the groundwork to make final investment decisions (FIDs) for the undeveloped assets in their portfolios. Since many companies decided to sanction their existing developments in 2025, Offshore E

about 9 months ago
Armada Olombendo FPSO is operating for Eni off Angola
Exploration & Production

2025’s greatest trio of oil & gas, FPSO, and LNG mergers that never came to fruition

While multiple consolidation moves have sprung up across the offshore energy and maritime arenas over the past 12 months, some never bore fruit. Offshore Energy has selected three business combination plays, regardless of whether they were born of truth or fiction, that did not make it to the finish

about 9 months ago
Illustration; Source: ADES
Exploration & Production

Ten big consolidation moves across rig, oil & gas, and shipping spheres

As the global consolidation momentum builds against the backdrop of ever-changing and challenging geopolitical conditions and energy realms, many companies engaged in the offshore drilling, subsea, hydrocarbon exploration and production (E&P), and maritime arenas are working to strengthen their plac

about 9 months ago
Offshore Energy Recap 2024
Exploration & Production

Readers’ choice: Offshore Energy’s most-read news in 2025

As the offshore energy sector continued to navigate the energy transition and technological development, but also uncertainty, 2025 saw continued shifts in policy, investment, and project development across the global energy landscape. To mark the year’s end, the Offshore Energy editorial team looks

about 9 months ago
FPSO Penguins; Source: Shell
Exploration & Production

Highlights reel of top UK oil & gas consolidation plays

The global oil and gas scene is witnessing a wave of consolidation moves through strategic mergers and acquisitions, especially in the United Kingdom (UK), where the windfall tax on oil and gas producers’ profits remains in force. The transformation across Britain’s hydrocarbon industry is gaining g

about 9 months ago
Illustration; Source: Petrobras
Exploration & Production

Petrobras rubber-stamps oil & gas project offshore Brazil: FPSO negotiations drawing to a close

Brazilian state-owned energy giant Petrobras has made a final investment decision (FID) for a development in the Sergipe Alagoas Basin off the coast of Brazil. This project in the Northeast region is anticipated to expand the supply of gas.

about 9 months ago
Saipem tasked with more work at Türkiye's largest natural gas field under $425M contract
Exploration & Production

Saipem tasked with more work at Türkiye’s largest natural gas field under $425M contract

Italy’s Saipem has secured additional work at the largest natural gas field in Türkiye as part of a new contract with Turkish Petroleum Offshore Technology Center (TP-OTC) worth approximately $425 million. The contract has been secured for the extension of the third phase of the Sakarya gas field de

about 9 months ago
Zama graphic; Credit: Wintershall Dea, now Harbour Energy
Exploration & Production

Multibillion-dollar oil project getting new operator as Pemex passes the baton to Harbour

London-listed oil and gas company Harbour Energy is taking over the operator role at a giant oil field in the Sureste Basin off the coast of Tabasco state.

about 9 months ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Exploration & Production

Transocean rig encounters gas as it spuds next well in drilling campaign offshore Australia

ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has kicked off drilling activities at another well in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling player.

about 9 months ago
Illustration; Source: Europa Oil & Gas
Exploration & Production

Chinese partner comes aboard African oil & gas block ahead of drilling ops

Antler Global, an associated company of the UK-headquartered and AIM-listed oil and gas player Europa Oil & Gas, has inked a deal to offload a partial stake in a block off the coast of Equatorial Guinea to Fuhai (Beijing) Energy, a wholly owned subsidiary of China’s privately owned Fuhai Group New E

about 9 months ago
AD50 jack-up rig; Source: Ocean Oilfield
Exploration & Production

Jack-up rig comes to Ocean Oilfield’s shipyard

Abu Dhabi-headquartered Ocean Oilfield Integrated Solutions has confirmed the arrival of a jack-up rig owned by Arabian Drilling, said to be the largest onshore and offshore drilling company in Saudi Arabia by fleet size, to its Hamriyah Shipyard in Sharjah, United Arab Emirates (UAE).

about 9 months ago
Deep Value Driller drillship; Source: Deep Value Driller
Exploration & Production

Saipem keeping seventh-gen drillship longer in its rig fleet

Italy’s engineering, drilling, and construction services giant Saipem has prolonged the stay of a chartered seventh-generation drillship in its rig fleet.

about 9 months ago
Large-scale LNG plant within Sakhalin II project; Source: Gazprom
Exploration & Production

$11 billion investment agenda on Gazprom’s 2026 horizon

Russia’s energy giant Gazprom has received the blessing from its board of directors for its investment program and budget for next year, which is set at RUB 1.1 trillion (around $11 billion), a decrease from RUB 1.52 trillion (almost $15.22 billion) earmarked for 2025 and the spending of RUB 1.64 tr

about 9 months ago