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Exploration & Production

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Noble Interceptor rig; Source: Noble Corporation
Exploration & Production

Noble’s 2014-built jack-up rig scoops up new P&A job with ConocoPhillips

Noble Corporation, a U.S.-based offshore drilling giant, has lined up a new assignment for a 12-year-old jack-up rig off the coast of Norway with ConocoPhillips Skandinavia, a subsidiary of the U.S.-headquartered energy company ConocoPhillips.

about 2 months ago
Rendering of Argent LNG tanks and a vessel
Exploration & Production

Transgaz-Argent LNG MOU advances US gas route to Central and Eastern Europe

Romania’s national natural gas transmission system operator (TSO) Transgaz has deepened its U.S. liquefied natural gas (LNG) ties through a memorandum of understanding (MOU) with Argent LNG, a U.S.-based LNG export developer headquartered in Louisiana, in a push to diversify regional energy supply b

about 2 months ago
Bruce field - Serica
Exploration & Production

Serica targets production growth with North Sea drilling campaign of up to six wells

UK-based upstream oil and gas player Serica Energy is setting the stage to ink a rig deal for its planned multi-well drilling program in the UK sector of the North Sea to achieve high-impact organic production growth.

about 2 months ago
FPSO Western Isles; Source: NEO Energy
Exploration & Production

License alignment buys time to pick production solution for new UK North Sea oil hub

As the UK regulator has decided to prolong a license in alignment with another one in the area to pave the way for an integrated development plan, Aberdeen-based full-cycle energy business NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are expected to contemplate all ava

about 2 months ago
Ksi Lisims LNG concept; Source: Western LNG
Exploration & Production

Germany augments gas arsenal as Uniper pens 20-year LNG deal with Canadian project

German energy player Uniper has signed off on a two-decade-long liquefied natural gas (LNG) deal with a multibillion-dollar LNG project being developed on Canada’s northwest coast to export lower-carbon LNG to energy markets.

about 2 months ago
ACE platform on ACG field; Source: BP
Exploration & Production

SOCAR tightens its grip on Caspian Sea oil & gas project with Itochu stake buyout

The State Oil Company of the Republic of Azerbaijan (SOCAR) has strengthened its hold on a giant oilfield in the Caspian Sea by acquiring Itochu Corporation’s participating interest, increasing its ownership in the oil and gas project off the coast of Azerbaijan as the Japanese trading and investmen

about 2 months ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Exploration & Production

Odfjell Drilling’s 2009-built rig goes back to work after BOP incident-related hiatus

about 2 months ago
Illustration; Source: Shell
Exploration & Production

MOL Group buys Shell’s subsidiary in Cyprus for $720 million

UK-headquartered energy giant Shell has reached an agreement with Hungarian multinational oil & gas company MOL Group for the sale of its 100%-owned subsidiary BG Cyprus Limited for up to $720 million. BG Cyprus holds a 35% non-operated interest in the Cyprus Offshore Block 12, containing the Aphrod

about 2 months ago
Eni and TotalEnergies take FID for Cyprus’ first gas development
Exploration & Production

Eni and TotalEnergies take FID for Cyprus’ first gas development

Eni and TotalEnergies have taken the final investment decision (FID) for the development of Cronos, the first gas development in Cyprus, with production start-up expected in 2028. Operated by Eni and located in deep offshore waters approximately 185 kilometers southwest of the coast of Cyprus, in of

about 2 months ago
Saipem 7000 working on offshore installation campaign at Neptun Deep; Source: Saipem
Exploration & Production

Saipem highlights ‘key’ offshore installation milestone at Europe’s mega gas development

Italy’s engineering, drilling, and construction services giant Saipem has confirmed the wrap-up of an offshore installation campaign, which has put a new production platform in place at a multibillion-euro natural gas project in the Romanian waters of the Black Sea.

about 3 months ago
Transocean Enabler rig at sea
Exploration & Production

Fresh black gold discovery emerges as tie-back candidate for Norway’s flagship Barents Sea oil hub

Norway’s state-owned energy giant Equinor has made a new oil find on the Norwegian Continental Shelf (NCS), putting on the table a potential tie-back to the country’s largest oil development ever brought on stream in the Barents Sea.

about 3 months ago
Labin rig; Source: INA
Exploration & Production

First of five wells in €65 million North Adriatic drilling campaign yields more gas

Zagreb-headquartered INA Group, a member of the MOL Group, has found gas at the first well in its multi-well drilling campaign on its North Adriatic gas field off the coast of Croatia.

about 3 months ago
Man with a hardhat with words "Chevron" on it with an offshore rig in the background
Exploration & Production

Chevron’s Cypriot gas project edges closer toward binding supply deal with Egypt

Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have made inroads in securing a binding agreement for the sale of gas to Egypt from an offshore gas field reservoir in Block 12, located in the Eastern Basin of the Medite

about 3 months ago
Tyra II; Source: TotalEnergies
Exploration & Production

Vår Energi-BlueNord merger forging Europe’s new independent oil & gas producer

Norwegian oil and gas player Vår Energi has sealed a business combination deal with BlueNord, breathing life into what is described as the largest independent producer of oil and gas in Europe.

about 3 months ago
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