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Exploration & Production

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Fossil EnergyOil & GasBusiness & FinanceBusiness Developments & ProjectsLiquefied Natural GasAuthorities & GovernmentRegulation & PolicyRigsProject & TendersRules & RegulationLow-Carbon TransitionHuman Capital
Shearwater platform in the North Sea; Source: Shell
Exploration & Production

Shell and Equinor breathe life into UK North Sea’s ‘largest’ independent oil & gas producer

Adura, an incorporated joint venture (IJV) between the UK’s Shell and Norway’s Equinor, has been born, combining the two energy heavyweights’ offshore oil and gas operations on the UK Continental Shelf (UKCS).

about 10 months ago
Rendering of Cahiracon FSRU site; Courtesy of Gas Networks Ireland
Exploration & Production

Ireland handpicks spot for FSRU gas reserve to stave off supply shortfalls

Emerald Isle has unveiled the location where its new strategic gas reserve (SGER) will be situated as a floating storage and regasification unit (FSRU). This FSRU will be owned and operated on behalf of the Irish state by Gas Networks Ireland, which operates and maintains Ireland’s €3 billion, 14,75

about 10 months ago
COSL Prospector rig; Source: Canarship
Exploration & Production

COSL rig good to go on Barents Sea oil & gas drilling quest

Norwegian authorities have signed off on exploration drilling activities Norway’s oil and gas player Vår Energi is planning to undertake in the Barents Sea, with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 10 months ago
COSL Innovator rig; Source: COSL
Exploration & Production

North Sea drilling ops with COSL rig get blessed by the powers that be

Equinor has checked off the list the Norwegian authorities’ green light for drilling activities in the Norwegian sector of the North Sea, which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 10 months ago
Illustration; Source: ADES
Exploration & Production

Shell hires ADES rig for drilling ops offshore Brunei

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has landed a new offshore drilling assignment for one of its jack-up rigs off the coast of Brunei with Brunei Shell Petroleum (BSP), a joint venture company between the Brunei go

about 10 months ago
FPSO Western Isles; Source: Jersey Oil & Gas
Exploration & Production

Future of North Sea oil project may be up in the air as trio contemplates UK tax policy’s impact

Following the UK’s decision to retain its current fiscal and regulatory regime regarding Britain’s oil and gas policy, Aberdeen-based full-cycle energy business NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are expected to gather together to determine their next steps f

about 10 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Exploration & Production

£50 billion going down the drain as UK keeps oil & gas windfall tax in place

As the dust continues to settle over the United Kingdom (UK) government’s decision to retain the energy profits levy (EPL), known as the windfall tax on oil and gas profits, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has expressed its dissatisfaction with the

about 10 months ago
DLV 2000 vessel on FaS gas development project in Malaysia; Source: McDermott
Exploration & Production

McDermott crosses the finish line for subsea gig at Shell’s gas project

U.S. offshore engineering and construction player McDermott has put the finishing touches on an assignment, encompassing multiple natural gas fields, which Sarawak Shell, a subsidiary of the UK-headquartered energy giant Shell, operates off the coast of Malaysia.

about 10 months ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Exploration & Production

More US LNG going to Japan: Venture Global and Tokyo Gas shake hands on 20-year offtake

With another liquefied natural gas (LNG) offtake deal in the bag, the U.S. export project developer Venture Global has secured its fourth multi-year contract with a Japanese company.

about 10 months ago
Illustration; Source: TotalEnergies
Exploration & Production

France’s gas ‘safety net’ no longer needed: TotalEnergies dismantling LNG terminal

TotalEnergies has decided to demobilize its floating storage and regasification unit (FSRU) in Le Havre, as this liquefied natural gas (LNG) terminal is no longer required to strengthen energy security in the country and Europe.

about 10 months ago
Illustration; Source: Woodside
Exploration & Production

Greater Sunrise on Southeast Asia’s gas horizon: Woodside strikes deal for LNG concept

Woodside has signed on the dotted line with the Ministry of Petroleum and Mineral Resources (MPRM) of Timor-Leste to carry out studies and activities to mature a Timor-based LNG concept (TLNG) for gas fields in Southeast Asia.

about 10 months ago
Tiber floating production platform is based more than 85% on Kaskida's design (Kaskida rendering); Source: BP
Exploration & Production

BP tasks Seatrium with FPU job in Gulf of America

UK-headquartered energy giant BP has entrusted Seatrium, a Singapore-headquartered provider of offshore, marine, and energy solutions, with an assignment related to a newbuild floating production unit (FPU), destined for deployment at a deepwater oil project in the Gulf of America (the U.S. Gulf of

about 10 months ago
Illustration; Source: QatarEnergy
Exploration & Production

TotalEnergies, Petronas, and QatarEnergy set their cap on hydrocarbon exploration off Guyana

Three energy giants – France’s TotalEnergies, Qatar’s state-owned QatarEnergy, and Malaysia’s Petronas – are joining forces to explore the hydrocarbon potential of an offshore block in Guyanese waters.

about 10 months ago
Double win for Baker Hughes offshore Norway
Exploration & Production

Vår Energi enlists Norwegian firm to support its oil & gas drilling and subsurface activities

Norway’s Well Expertise Consultancy, a subsidiary of Well Expertise, has landed a multi-year deal to provide Vår Energi, an oil and gas operator, with drilling, wells, and subsurface consultants to assist the hydrocarbon player in carrying out onshore and offshore operations on the Norwegian Contine

about 10 months ago
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