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Exploration & Production

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Fossil EnergyOil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsProject & TendersRules & RegulationOperations & MaintenanceRegulation & PolicySafetyInfrastructureMarket OutlooksOutlook & StrategyRigsSeismicSubseaEnvironmentDecommissioningSurveys & InterventionsCollaborationTechnology
BOEM - Gulf of Mexico
Exploration & Production

Gulf of Mexico lease sale attracts over $120 million in high bids

The U.S. government agency Bureau of Ocean Energy Management has held a Gulf of Mexico oil and gas lease sale, yielding more than $120 million in high bids.

about 6 years ago
Oseberg field centre - Equinor
Exploration & Production

Equinor faces safety order after serious lifting incident in Norway

Equinor has been served with a notice of order from the country’s offshore safety agency following a serious lifting incident on the Oseberg B platform.

about 6 years ago
Mohammad Sanusi Barkindo; Source: OPEC
Exploration & Production

OPEC lowers 2020 oil demand forecast

The Organization of the Petroleum Exporting Countries (OPEC) has lowered its 2020 oil demand forecast to negative -9.8 million barrels a day.

about 6 years ago
Deepwater Corcovado drillship - Transocean
Exploration & Production

Transocean adds $297 million to backlog as Petrobras extends two drillships

Transocean has been awarded contract extensions for two of its drillships that have been working for Petrobras.

about 6 years ago
Illustration; Source: Equinor SSB
Exploration & Production

Norway: Oil firms ramp up 2021 investment plans

A survey by the Norwegian statistics bureau SSB has revealed that oil and gas companies in Norway have boosted investment plans in recent months.

about 6 years ago
seismic vessel BGP Prospector
Exploration & Production

TGS in new Brazil seismic projects as Argentina 3D shoot kicks off

Norwegian seismic player TGS has kicked off the Malvinas 3D project in Argentina and scored two surveys offshore Brazil. The Malvinas survey was first announced to the market on 4 August this year. The BGP vessel Prospector will acquire approximately 5,000 square kilometres, which will bring the tot

about 6 years ago
FPF-1 - Ithaca Energy
Exploration & Production

Ithaca moves forward with plans to develop North Sea field as subsea tie-back

Ithaca Energy is moving forward with its plans to develop the Abigail field, located in the UK North Sea as a subsea tie-back.

about 6 years ago
A Dutch North Sea platform
Exploration & Production

Report confirms progress in safety of offshore oil and gas operations in Europe

The European Commission has seen progress in the safety of offshore oil and gas operations following the implementation of the safety directive.

about 6 years ago
Ocean Infinity Armada
Exploration & Production

Shell and Ocean Infinity form seep hunting pact

Oil and gas major Shell has partnered with marine robotics firm Ocean Infinity to combine expertise and assets to execute multiclient seep hunting projects. The companies believe that combination of Shell’s specialist seep hunting expertise and Ocean Infinity’s ‘Armada’ fleet of robotic ships, will

about 6 years ago
Block SC56 off Philippines
Exploration & Production

Total and Jadestone exit acreage off the Philippines

Total and Jadestone Energy have decided to relinquish and terminate its Service Contract 56 offshore Philippines following a decision not to drill a well.

about 6 years ago
Start up ceremony; Source: PetroVietnam
Exploration & Production

PetroVietnam pumps first gas from Sao Vang-Dai Nguyet offshore field

State-owned PetroVietnam has started pumping first gas from its Sao Vang-Dai Nguyet field off Vietnam’s southern coast.

about 6 years ago
Staatsolie - Suriname
Exploration & Production

Suriname offers eight offshore blocks in new bid round

Suriname is offering eight new offshore blocks in the currently unlicensed and underexplored Shallow Offshore acreage of Suriname via a new round.

about 6 years ago
Platinum Explorer drillship - Vantage Drilling
Exploration & Production

Vantage wins more drillship and jack-up rig work

Offshore drilling contractor Vantage Drilling has secured drilling work for its jack-up rig in Indonesia and a drillship in India.

about 6 years ago
The Johan Sverdrup field in the North Sea.
Exploration & Production

Equinor to boost Johan Sverdrup output

Equinor’s Johan Sverdrup field is increasing its daily production capacity, expecting to reach around 500,000 barrels of oil per day by the end of the year.

about 6 years ago
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