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Exploration & Production

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Fossil EnergyOil & GasRigsBusiness & FinanceBusiness Developments & ProjectsProduction & ProcessingSubseaOutlook & StrategyProject & TendersLiquefied Natural GasClean FuelOther FuelsAuthorities & GovernmentOperations & Maintenance
Deepwater Proteus drillship; Source: Transocean
Exploration & Production

Shell hits black gold in Gulf of America

A U.S. subsidiary of the UK-headquartered energy giant Shell has found more oil during drilling operations with one of Transocean’s drillships in the U.S. Gulf of America (Gulf of Mexico).

about 9 months ago
Subsea7 wins ‘sizeable’ contract offshore US
Exploration & Production

Subsea7 wins ‘sizeable’ contract offshore US

Subsea7 has secured a contract with LLOG Exploration Offshore for the Buckskin field located approximately 305 kilometers off the coast of Texas, the U.S. For the Buckskin South Expansion project, Subsea7 will deliver the transportation and installation of a subsea umbilical and a rigid flowline in

about 9 months ago
Rendering of an LNG terminal at night
Exploration & Production

US LNG project edging closer to FID with key equipment orders to Baker Hughes, Honeywell, and Solar Turbines

French-based engineering company Technip Energies has confirmed the go-ahead to three players – Baker Hughes, Honeywell, and Solar Turbines – for equipment purchase orders required to bring a liquefied natural gas (LNG) project in Louisiana to life.

about 9 months ago
Lake Charles LNG; Source: Energy Transfer
Exploration & Production

US LNG import terminal’s transformation into large export facilities put on ice

Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has shelved the development of a liquefied natural gas (LNG) export project on Louisiana’s Gulf Coast.

about 9 months ago
LLOG's FPU Salamanca; Source: Tampnet
Exploration & Production

$3.2 billion move on LLOG opens doors to Gulf of America oil & gas scene for Harbour

London-listed oil and gas company Harbour Energy has made a multibillion-dollar play for LLOG Exploration Company (LLOG), which is being acquired from LLOG Holdings for $3.2 billion, comprising $2.7 billion of cash and $0.5 billion of the UK player’s voting ordinary shares.

about 9 months ago
Snohvit Future project (illustration); Source: Equinor
Exploration & Production

Rise in costs to $1.98 billion among factors impacting Equinor’s low-emission gas project

Norwegian state-controlled energy giant Equinor has revealed an increase in costs for a project anticipated to strengthen Norway’s position as a reliable and long-term supplier of gas produced with very low greenhouse gas (GHG) emissions. The company explains that onshore compression is now expected

about 9 months ago
Xijiang Oilfields 24 Block Development Project; Source: CNOOC
Exploration & Production

New oilfields development project switches production mode on

Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has brought online its oilfields development project in the shallow water of the Pearl River Mouth Basin off the coast of China.

about 9 months ago
Sea Lion FPSO and Phase 1 & 2 development layout; Source: Navitas
Exploration & Production

Sea Lion’s roar unlocks the funding vault: Falkland Islands’ $2.1B oil project stands at development threshold

With the final investment decision (FID) out of the way, a financial close is now in place for a giant oil project in the North Falkland Basin (NFB), which will require a $1.8 billion investment to pave the way to first oil and $2.1 billion to project completion.

about 9 months ago
Transocean Encourage rig; Source: Transocean
Exploration & Production

Fresh oil and gas/condensate find comes to light offshore Norway

Equinor, a Norwegian state-owned oil and gas giant, has uncovered a new oil and gas/condensate discovery that enriches its hydrocarbon arsenal off the coast of Norway.

about 9 months ago
PPF; Source: ConocoPhillips
Exploration & Production

Poland’s Orlen strengthens its Norwegian oil & gas portfolio with acquisition wrap-up

Orlen Upstream Norway, a subsidiary of Poland’s Orlen, has brought into its fold the interests Norwegian oil and gas player DNO held in two fields off the coast of Norway.

about 9 months ago
Scarabeo 8; Source: Saipem
Exploration & Production

Oil & gas operator keeping Saipem’s 2012-built rig busy into 2028

Italy’s engineering, drilling, and construction services giant Saipem has landed a third contract extension for its 13-year-old semi-submersible drilling rig with Aker BP, a Norwegian oil and gas player, for operations off the coast of Norway.

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

Archer staying on North Sea platform drilling and maintenance duty for three more years

Norway’s oil and gas player Aker BP has prolonged an assignment Oslo Stock Exchange-listed oil services company Archer is carrying out in the Norwegian sector of the North Sea.

about 9 months ago
JERA
Exploration & Production

Another multi-year LNG offtake deal in JERA’s hands

Japan’s power generation major JERA has won a long-term liquefied natural gas (LNG) supply agreement with Hokkaido Gas, said to be a key regional energy provider.

about 9 months ago
Deepsea Aberdeen rig; Source: Odfjell Drilling
Exploration & Production

Odfjell Drilling firms up 11-year-old rig’s multi-year gig in Norwegian waters

Odfjell Drilling, a 52-year-old offshore drilling player, has turned a letter of intent (LoI) into a new contract for its 2014-built semi-submersible rig, which will now be booked for work until the first quarter of 2029.

about 9 months ago
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