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Exploration & Production

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West Phoenix rig
Exploration & Production

Neptune comes up dry at Norwegian Sea well

Neptune Energy has drilled a dry well near the Heidrun field in the Norwegian Sea.

about 6 years ago
Cliff Head platform; Source: Triangle Energy
Exploration & Production

Triangle Energy finds new drilling prospects near Cliff Head platform

Australia-based Triangle Energy has identified three key opportunities that could be drilled and developed from the existing Cliff Head Alpha platform offshore Western Australia.

about 6 years ago
One of Valaris' jack-up rigs
Exploration & Production

Early terminations and day rate reductions for Valaris rigs

Valaris has seen a number of its drilling contracts terminated and day rates slashed as oil and gas operators are looking to reduce costs.

about 6 years ago
Jack-up rig Hild
Exploration & Production

Borr takes another rig delivery from Keppel

Singapore’s offshore rig builder Keppel Offshore & Marine has delivered a newbuild jack-up rig, named Hild, to Borr Drilling.

about 6 years ago
Eni CEO Claudio Descalzi
Exploration & Production

U.S. SEC closes Eni investigation

The U.S. Securities and Exchange Commission is closing its investigation into Eni related to its involvement into a license located offshore Nigeria as well as its activities in Congo.

about 6 years ago
DeepGreen's exploration vessel Maersk Launcher explores for polymetallic nodules in the Clarion Clipperton Zone of the Pacific
Exploration & Production

New study examines impacts of sourcing metals for EV batteries and renewables

The study commissioned by DeepGreen examines how we can source the massive amount of mineral resources required for a wholesale move away from fossil fuels with the least amount of damage to the planet. As calls for a transition to renewable energy and electric transport grow louder in the face of i

about 6 years ago
Skarv FPSO
Exploration & Production

Aker BP kicks off production from Norwegian well three years ahead of schedule

Aker BP has started production from the first Ærfugl phase 2 well in the Norwegian Sea – three years ahead of the original plan.

about 6 years ago
Jadestone delays Australia infill wells following fresh capex cuts
Exploration & Production

Jadestone delays Australia infill wells following fresh capex cuts

Jadestone is further reducing its 2020 capital expenditure guidance due to the collapse of the global crude oil benchmarks and the impact of the coronavirus crisis on global oil demand and potential for prolonged oversupply.

about 6 years ago
High impact exploration in 2020 down but not out, Westwood says
Exploration & Production

High impact exploration in 2020 down but not out, Westwood says

Exploration plans are being redrawn and the well count is expected to drop by as much as 35 per cent on 2019 levels due to the “double whammy” of the oil price collapse and COVID-19 pandemic, according to market research provider Westwood Global Energy Group.

about 6 years ago
Angel platform North West Shelf-Project
Exploration & Production

Woodside taps TechnipFMC for Australian subsea job

TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation contract by Woodside for the development of the Lambert Deep and Phase 3 of the Greater Western Flank fields, offshore Australia.

about 6 years ago
Brent Charlie & Delta
Exploration & Production

UK to avoid shut-ins even with $20 oil prices, Rystad says

With the reality that Brent oil prices are scratching closer and closer to $20 per barrel, shut-ins are already happening around the world. Even if prices reach this threshold, the UK will avoid shut-ins and exploration is likely to continue in 2020.

about 6 years ago
Bjørn Thore Ribesen
Exploration & Production

Vår Energi creates new VP role for Aker Energy man

Norwegian oil and gas company Vår Energi has named Bjørn Thore Ribesen as its vice president Field Development & Projects.

about 6 years ago
Gasunie joins PosHYdon pilot project
Exploration & Production

Gasunie joins PosHYdon pilot project

Dutch energy infrastructure company Gasunie has joined the PosHYdon pilot, a project that aims to integrate three energy systems in the Dutch North Sea: offshore wind, offshore gas, and offshore hydrogen. The PosHYdon pilot is an initiative of Nexstep, the Dutch association for decommissioning and r

about 6 years ago
Ocean Onyx rig
Exploration & Production

Beach Energy ends Diamond rig contract

Beach Energy has terminated a drilling contract with Diamond Offshore for the Ocean Onyx drilling rig.

about 6 years ago
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