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Exploration & Production

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Exploration & Production

TGS sees record-high OBN contract activity following merger with PGS

Norway-based energy data and intelligence company TGS has reported record-high ocean bottom node (OBN) contract activity in the third quarter of 2024, the first quarter including PGS, with the utilization of its streamer fleet improving on high bid activity. In Q3 2024, TGS said that the activity le

about 2 years ago

Ocean Onyx semi-submersible rig; Source: Noble

Exploration & Production

Noble anticipates step-up in floater rig demand as deepwater oil & gas plays become ‘critical’ to global energy security

Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.

about 2 years ago

Sleipner field in North Sea; Credit: Øyvind Gravås and Bo B. Randulff/Equinor

Exploration & Production

Update: North Sea platform still offline after smoke incident

Equinor has confirmed that the production at an unmanned production platform on a gas field in the North Sea offshore Norway remains shut in, following the appearance of smoke, with no impact on committed gas exports currently anticipated.

about 2 years ago

Rendering of Balder area in North Sea; Source: Vår Energi

Exploration & Production

Six-well North Sea drilling campaign with $690 million price tag coming up next year to unleash more high-value barrels

Vår Energi, together with its partner, Kistos Energy, has greenlighted a final investment decision (FID) for a multi-well project, which aims to develop the next stage of a field life extension project in the North Sea off the coast of Norway.

about 2 years ago

Valaris 123 jack-up rig; Source: Valaris

Exploration & Production

Initial drilling indications seen as ‘encouraging’ at Shell’s high-impact North Sea gas prospect

While the preliminary findings indicate the presence of gas, Shell is continuing activities at its high-impact gas prospect in the UK sector of the North Sea, thus, more information will be available following a comprehensive review.

about 2 years ago

Exploration & Production

With repairs done ahead of schedule, missing piece of TotalEnergies’ Tyra II puzzle back at huge North Sea asset

TotalEnergies has fixed an equipment issue that came up a few months ago at its natural gas redevelopment project in the Danish sector of the North Sea, which derailed its schedule for boosting output to full technical capacity.

about 2 years ago

A large vessel at sea with several smaller ones on one side

Exploration & Production

With 75 already done, Eni’s Coral Sul FLNG now sends out one weekly LNG shipment

The Chief Executive Officer (CEO) of Mozambique’s state-owned Empresa Nacional de Hidrocarbonetos (ENH) has paid a visit to the floating liquefied natural gas (FLNG) unit offshore Mozambique, operated by Italian oil and gas major Eni. This unit currently produces enough for a weekly shipment of LNG

about 2 years ago

Exploration & Production

Ohmium to provide PEM electrolyzers for industrial-scale floating hydrogen and ammonia project

Ohmium International has signed a term sheet with SwitcH2 BV for the supply of PEM electrolyzer solutions for the offshore floating green hydrogen and ammonia synthesis project OFFSET.

about 2 years ago

Exploration & Production

Engineering contracts awarded for solar methanol plant in Port Augusta

Vast Renewables and Mabanaft have awarded contracts to Fichtner and bse Methanol to commence pre-FEED work for SM1, the solar thermal-powered plant that will produce green methanol in Port Augusta, South Australia.

about 2 years ago

Sullom Voe Terminal; Source: Veri Energy

Exploration & Production

Trio enriches offshore electrification of oil & gas assets in UK and Norway with carbon capture

Three players have embarked on a decarbonization mission to bring offshore electrification operations to new heights in the UK and Norway by throwing carbon capture solutions into the mix to curb oil and gas installations’ carbon footprint.

about 2 years ago

Exploration & Production

MT Group to build hydrogen production and refueling station at Port of Klaipeda

MT Group has signed a contract with the Klaipeda State Seaport Authority to build a green hydrogen production and refueling station in the Port of Klaipeda.

about 2 years ago

Exploration & Production

Cepsa and Sonatrach join forces on green hydrogen supply from Algeria to Europe

Cepsa and Sonatrach have signed an MoU to jointly carry out a feasibility study for the development of an integrated project for green hydrogen production and derivatives in Algeria, mainly aimed at supplying the European market.

about 2 years ago

Exploration & Production

Surveys mark start of preliminary work at Trinidad and Venezuela’s joint gas project

A geophysical and geotechnical survey are about to begin on a gas project being developed by Shell that is set to export gas from a field in Venezuela to the UK energy giant’s platform off Trinidad and Tobago, marking the start of preliminary work on the project. Chartered by Geohidra, a Venezuelan

about 2 years ago

Fulmar platform in UK waters; Source: Repsol

Exploration & Production

Baker Hughes and Repsol enhancing oil & gas production with AI-powered solutions

Baker Hughes has pooled resources with Spain’s Repsol to bring new artificial intelligence (AI) processes and workflows into play to unlock further improvements in the oil and gas production arena.

about 2 years ago