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Exploration & Production

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An offshore rig
Exploration & Production

Three for three for Vår Energi as it finds more oil in Barents Sea

Norway’s oil and gas player Vår Energi has made an oil discovery in an exploration well near a field it operates in the Barents Sea.

about 1 year ago
French company SolarinBlue’s offshore solar technology has been selected as one of 52 solutions under the EU-backed TREASURE project
Exploration & Production

EU project picks wave energy and offshore solar among solutions for greener ports

The European Union (EU)-backed TREASURE project has selected renewable energy company SolarinBlue, Rotary Wave start-up, as well as wave energy developer Eco Wave Power among the 52 companies to address environmental challenges in Euro-MED ports. The TREASURE initiative (Testing novel environmental

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about 1 year ago
Frontal view of a vessel at sea
Exploration & Production

Partners begin permitting process for circular methanol and hydrogen plant in Italy

MET Development, Eni and Iren Ambiente have started the permitting process for a circular methanol and hydrogen production plant at Eni’s refinery in Pavia, Italy.

about 1 year ago
Construction starts on Hyoffwind green hydrogen facility in Zeebrugge
Exploration & Production

Construction starts on Hyoffwind green hydrogen facility in Zeebrugge

Construction has started on the Hyoffwind green hydrogen production facility in Zeebrugge, Belgium.

about 1 year ago
Shell recently brought online its new FPSO Penguins; Source: Sevan
Exploration & Production

Rekindled Shell-BP merger rumor mill going wild: Wishful thinking or real possibility?

Speculation is running rampant over a potential business combination between two oil majors, with the energy industry abuzz over the alleged merger between the UK-headquartered Shell and BP and the implications such a mega consolidation move could have on the global scene.

about 1 year ago
Scarabeo 8 rig; Source: Saipem
Exploration & Production

Aker BP comes up empty-handed at another prospect as drilling ops wind down

Aker BP has found no hydrocarbons in the Norwegian Sea, following drilling activities conducted by one of Saipem’s semi-submersible rigs off the coast of Norway.

about 1 year ago
Hywind Tampen wind farm (on the horizon) powers the Gullfaks and Snorre fields; Credit: Ole Jørgen Bratland
Exploration & Production

Electrification tops Norway’s list of ‘most efficient’ oil & gas decarbonization tools

Equinor has portrayed electrification as the key measure to curb greenhouse gas (GHG) emissions from oil and gas production, paving the way to move forward with the energy transition journey to a low-carbon and zero-emission era.

about 1 year ago
Strohm and Norway’s UNITECH Offshore have signed a memorandum of understanding (MoU) to develop and commercialize a fully integrated system for subsea fluid and gas transport.
Exploration & Production

Strohm and UNITECH Offshore join forces for subsea pipeline solution

Dutch thermoplastic composite pipes (TCP) producer Strohm and Norway’s UNITECH Offshore have signed a memorandum of understanding (MoU) to develop and commercialize a fully integrated system for subsea fluid and gas transport. The agreement brings together Strohm’s thermoplastic composite pipe (TCP)

about 1 year ago
Valaris DPS-5 rig; Source: Lukoil
Exploration & Production

Valaris pensions off semi-sub trio, offloads jack-up, and picks up new drilling work for multiple rigs

Valaris has taken steps to optimize its rig fleet by deciding to put three semi-submersible units out of drilling work for good and divest a stacked jack-up rig. The rig owner has also won a new batch of drilling assignments spanning geographies.

about 1 year ago
FPSO Petrojarl I; Source: Altera Infrastructure
Exploration & Production

39-year-old FPSO ready for redeployment as it changes hands

A 1986-built floating production, storage, and offloading (FPSO) vessel, seen as capable of supporting early-phase and tail-phase production at offshore oil fields given its experience to date, is getting a new owner, which intends to find a new job for the unit in regions such as Vietnam, Suriname,

about 1 year ago
Tekmar firm secures multi-year subsea engineering deal with Nexans
Exploration & Production

Tekmar firm secures multi-year subsea engineering deal with Nexans

UK-based engineering consultancy Ryder, part of Tekmar Group, has secured a three-year framework agreement with France’s cable systems designer and manufacturer Nexans to provide subsea engineering support for the company’s cable projects worldwide. According to Ryder, the company will deliver cable

about 1 year ago
Tungsten Explorer drillship; Credit: Greg Williams
Exploration & Production

TotalEnergies and Eni sign on dotted line for Cyprus gas exports through Egypt

TotalEnergies and Eni have struck a deal with Cyprus and Egypt to develop a gas discovery named after the god of time in ancient Greek mythology by exporting the natural gas from the field off the coast of Cyprus through Egypt.

about 1 year ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Exploration & Production

North Sea FPSO production restart on the cards next month following storm-induced damage

Serica Energy has confirmed the new timeline for the resumption of production at its assets in the North Sea, which are tied back to an existing floating production, storage, and offloading (FPSO) vessel, operated by Dana Petroleum, on the UK Continental Shelf (UKCS).

about 1 year ago
Chevron secured Stena Drilling’s Stena Forth drillship for a decommissioning campaign in the Mediterranean Sea offshore Israel a few years ago, alongside an option for a well offshore Cyprus; Source:
Exploration & Production

Aphrodite rising as Chevron, Shell, NewMed and Cyprus give the go-ahead for tweaked gas development plan

Chevron and its partners, BG Cyprus (Shell) and NewMed Energy, have given their blessing, together with the government of Cyprus, for an updated development plan of an offshore gas field reservoir in Block 12 located in the Eastern Basin of the Mediterranean Sea.

about 1 year ago