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Exploration & Production

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Leiv Eiriksson; Source: Lundin NPD Spirit Energy
Exploration & Production

Spirit Energy bites dust near Ivar Aasen field

Oil and gas company Spirit Energy has hit a duster near the Ivar Aasen field in the central part of the North Sea.

about 6 years ago
Fincantieri and Saipem deep-seabed mining
Exploration & Production

Fincantieri and Saipem partner on deep-seabed mining

Fincantieri and Saipem have signed a memorandum of understanding to promote the development of deep-seabed mining (DSM). Specifically, this deal sets the ground in the field of designing, engineering, building and managing DSM systems. Deep-sea floors are rich in minerals, mostly sulphides, cobalt c

about 6 years ago
Britannia platform in the UK North Sea
Exploration & Production

Green energy transition: vital role of the oil & gas industry in achieving net-zero by 2050

A green energy transition will require the industry to make real progress in reducing its carbon footprint.

about 6 years ago
Deepsea Yantai; Source: CIMC Raffles Neptune Dugong
Exploration & Production

Neptune dubs Dugong as largest oil discovery in Norway this year

Oil and gas exploration firm Neptune Energy has stated that it made the largest oil discovery in Norway so far this year with its Dugong well in the Norwegian sector of the North Sea.

about 6 years ago
Leiv Eiriksson; Source: Lundin ConocoPhillips NPD
Exploration & Production

ConocoPhillips gets drilling permit for Norwegian Sea well

The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips a drilling permit for a well located in the Norwegian Sea.

about 6 years ago
Polarcus vessel
Exploration & Production

Another Asia Pacific deal for Polarcus

Marine seismic player Polarcus has received a letter of intent for 3D seismic data acquisition services in Asia Pacific. The project should commence in the third quarter 2020, subject to relevant approvals. According to the Oslo-listed firm, the acquisition campaign will have a duration of one month

about 6 years ago
Illustration rig
Exploration & Production

U.S. offshore rig count at 12 for four weeks straight

The U.S. offshore rig count has remained flat for another week, making this the fourth week straight with 12 active units, according to a Friday report by Baker Hughes.

about 6 years ago
EnQuest to operate Bressay field as Equinor halves interest
Exploration & Production

EnQuest to operate Bressay field as Equinor halves interest

Equinor has agreed to sell a 40.8125 per cent interest in and transfer operatorship of the Bressay oil field development on the UK continental shelf to EnQuest.

about 6 years ago
Maersk Intrepid rig
Exploration & Production

Green light for Equinor to use Maersk rig on Martin Linge field

Norwegian oil major Equinor has received safety consent from the country’s offshore safety watchdog to use the Maersk Intrepid jack-up rig on the Martin Linge field offshore Norway.

about 6 years ago
Transocean Enabler rig
Exploration & Production

Equinor comes up dry in Barents Sea well

Equinor has drilled a dry well near the Johan Castberg field in the Barents Sea offshore Norway.

about 6 years ago
Voyageur Spirit FPSO
Exploration & Production

UK boasts improved production efficiency for seven years in a row

Production efficiency on the UK Continental Shelf has improved for the seventh consecutive year and for 2019 reached 80 per cent.

about 6 years ago
Petrobras renews Vallourec contract for provision of tubes and services
Exploration & Production

Petrobras renews Vallourec contract for provision of tubes and services

Tubular solutions provider Vallourec has been awarded an extension of its contracts to supply products and services to Brazil’s oil and gas giant Petrobras.

about 6 years ago
Eni CEO Claudio Descalzi
Exploration & Production

Eni slips to loss, cuts capex

Eni went from a profit in the second quarter of 2019 to a loss in the same period this year hit by the combined effects of the coronavirus pandemic and the oil price crisis.

about 6 years ago
Total sells Gabon assets to Perenco
Exploration & Production

Total sells Gabon assets to Perenco

French oil major Total has decided to divest its portfolio of mature non-operated assets located offshore Gabon to Perenco.

about 6 years ago
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