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Exploration & Production

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Fossil EnergyOil & GasAuthorities & GovernmentBusiness Developments & ProjectsProject & TendersRegulation & PolicySafetySeismicSubseaRigsBusiness & FinanceInfrastructureMarket OutlooksHuman CapitalFPSO & Vessels
Troll B platform
Exploration & Production

Equinor gets 10-year life extension for Troll B platform

Norwegian authorities have granted consent to operator Equinor for a 10-year lifetime extension for the Troll B platform located in the North Sea.

about 6 years ago
PGS
Exploration & Production

PGS gears for East Shetland shoot

PGS seismic vessel Ramform Tethys is about to start a 3D multi-client survey offshore East Shetland, in UKCS waters. Production will start this week and the first data should be available in Q3 2020. The seismic will cover both frontier and mature areas to enable the interpretation of the internal r

about 6 years ago
Shell and Aker BP cancel Maersk Drilling’s rig contracts
Exploration & Production

Shell and Aker BP cancel Maersk Drilling’s rig contracts

Danish offshore drilling contractor Maersk Drilling has received notices of termination for two drilling rig contracts.

about 6 years ago
Discoverer India drillship
Exploration & Production

Early contract termination for Transocean’s drillship

Transocean has received a contract termination for a drillship operating in Egypt.

about 6 years ago
Evy Glørstad; Source: Aker BP
Exploration & Production

Aker BP merges two units and names senior VP

Norwegian oil and gas company Aker BP has made changes to its executive management team as a result of reduced activity and the subsequent need for organizational adjustments.

about 6 years ago
Norway: Oil output falls short of expectations for third month straight
Exploration & Production

Norway: Oil output falls short of expectations for third month straight

Norwegian oil production during March 2020 fell below predictions made by the Norwegian Petroleum Directorate (NPD), according to the directorate’s report on Friday.

about 6 years ago
TGS starts Gambito 2020 seismic shoot
Exploration & Production

TGS starts Gambito 2020 seismic shoot

TGS has started the Gambito 2020 3D seismic survey offshore The Gambia. Under the cooperation of The Gambian Ministry of Petroleum & Energy (MOPE), the acquisition is being undertaken in conjunction with BGP, utilizing the BGP Prospector vessel. The 4,770-square kilometer Gambito 2020 3D survey cove

about 6 years ago
Safe Caledonia flotel
Exploration & Production

Total delays North Sea gig for Prosafe’s accommodation rig

Offshore accommodation specialist Prosafe and oil major Total have agreed to delay Total’s 2020 North Sea campaign, which was supposed to use Prosafe’s Safe Caledonia flotel.

about 6 years ago
DWG complex
Exploration & Production

Chevron gets $1.6 billion from MOL for Azerbaijan assets

Oil major Chevron has sold its interest in assets offshore Azerbaijan to Hungary’s MOL for $1.57 billion.

about 6 years ago
Ekofisk complex
Exploration & Production

ConocoPhillips reveals plans for more cost cuts amid market downturn

ConocoPhillips is taking further actions to respond to the oil market downturn and it will be making further capital, operating cost, and share repurchase reductions of $3 billion.

about 6 years ago
Mexico City at night
Exploration & Production

Why Mexico is the winner in OPEC+ deal, Rystad explains

Following a historic OPEC+ deal to reduce global oil output in an effort to save the oil industry, Mexico came out as an unlikely winner.

about 6 years ago
Q10-A platform
Exploration & Production

Dutch Tulip Oil preparing for future wells on North Sea project

Tulip Oil is taking steps in preparation for production increase at its Q10-A gas field located in the Dutch sector of the North Sea.

about 6 years ago
A Petrobras platform
Exploration & Production

Petrobras to shut down 62 offshore platforms in Brazil

Petrobras has decided to halt operations at 62 platforms located offshore Brazil due to the effects of the coronavirus and the low oil price. Employees will be transferred to other units.

about 6 years ago
Armada Serling FPSO
Exploration & Production

India’s ONGC to extend charter for Bumi Armada FPSO

Malaysian FPSO operator Bumi Armada has received an extension of a charter contract for its Armada Sterling FPSO from India’s ONGC.

about 6 years ago
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