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Exploration & Production

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EDrill-2 rig
Exploration & Production

2014-built rig kicks off its five-year Asian drilling gig

Singapore’s tender-assisted drilling provider Energy Drilling, a wholly owned subsidiary of Cyprus-headquartered SED Energy Holdings, has confirmed the start of its 11-year-old rig’s drilling assignment with Thailand’s national oil and gas company PTT Exploration and Production Public Company Limite

about 11 months ago
Illustration; Source: Novatek
Exploration & Production

EU puts its foot down on Russian oil & gas imports with gradual phase-out

The latest step taken to end the EU’s dependence on Russian fossil fuels is contained within its plans to gradually ban imports of oil, gas, and liquefied natural gas (LNG) from next year, with limited exceptions for existing short-term and long-term contracts. This legislation is described as a res

about 11 months ago
McDermott finishes debut subsea project in Angola for TotalEnergies
Exploration & Production

McDermott finishes debut subsea project in Angola for TotalEnergies

U.S. offshore engineering and construction firm McDermott has delivered its first subsea project in Angola, as part of which it worked for TotalEnergies on the Begonia field development. McDermott announced on October 16 the completion of engineering, procurement, construction, installation (EPCI),

about 11 months ago
Shah Deniz Alpha platform; Source: BP
Exploration & Production

Triple contract win for Saipem in Azerbaijan valued at $600M

Italian engineering, drilling, and construction services firm Saipem has secured three new contracts for a gas project in Azerbaijan operated by UK-headquartered energy giant BP, which together have a value of approximately $600 million. The offshore contracts were awarded in consortium with BOS She

about 11 months ago
Frontal view of a large vessel
Exploration & Production

Equinor’s ‘largest international asset’ starts producing oil off Brazil

Norwegian state-owned energy giant Equinor and its partners have achieved start-up of production from a large field in Brazil’s Santos Basin.

about 11 months ago
Seaturns has launched phase one of full-scale trials for its wave energy conversion system at Nantes Saint-Nazaire Port
Exploration & Production

French firm launches phase one of full-scale wave energy tests

France’s wave energy developer Seaturns has launched phase one of full-scale trials for its wave energy conversion system at Nantes Saint-Nazaire Port, marking a key step in the company’s transition from design to real-world implementation. After six months of manufacturing and assembly, the Bordeau

about 11 months ago
Location of Offshore Indus-C block on a map
Exploration & Production

Farm-out deal inked to unlock Pakistan’s offshore hydrocarbon potential

Turkish Petroleum Overseas Company (TPOC), a wholly owned subsidiary of the state-owned Türkiye Petrolleri Anonim Ortaklığı (TPAO), and two Pakistani firms have inked a farm-out agreement with Pakistan Petroleum Limited (PPL) for a block offshore Pakistan.

about 11 months ago
Offshore platform
Exploration & Production

Adriatic oilfield back in production mode after months-long shutdown

The Italian subsidiary of London-based oil and gas player Energean has restarted production at its field off the coast of Abruzzo, Italy.

about 11 months ago
Kuwait Petroleum Company
Exploration & Production

‘Landmark’ gas discovery comes to light offshore Kuwait

Kuwait Oil Company (KOC), a subsidiary of the state-owned Kuwait Petroleum Company (KPC), has made a major discovery at a field offshore Kuwait.

about 11 months ago
Bourne Tidal Test Site test structure (Courtesy of MRECo)
Exploration & Production

Massachusetts backs tidal and wave energy with $1.9 million grant

The Marine Renewable Energy Collaborative (MRECo), a non-profit corporation dedicated to the sustainable development of ocean renewable energy, has been awarded nearly $1.9 million from the Massachusetts Clean Energy Center (MassCEC) to upgrade and expand its tidal and wave energy test sites, suppor

about 11 months ago
Valaris DS-12 drillship; Source: Valaris
Exploration & Production

BP hires Valaris’ 2013-built drillship for multi-well gig in Middle East

Offshore drilling contractor Valaris has secured a new multimillion-dollar assignment for its 12-year-old drillship off the coast of Egypt with BP Exploration Delta, a subsidiary of the UK-headquartered energy giant BP.

about 11 months ago
Valaris 144 jackup
Exploration & Production

Valaris rig spuds Angola’s inaugural non-associated gas development for Azule

Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has started drilling the first well in what is said to be Angola’s first non-associated gas development.

about 11 months ago
COSL Prospector rig; Source: Canarship
Exploration & Production

All systems go for Equinor’s drilling ops with Transocean and COSL rigs

Equinor has secured the go-ahead from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with semi-submersible rigs owned by Transocean and COSL Drilling Europe, two offshore drilling contractors.

about 11 months ago
BK-24 wellhead platform achieves first oil at Bach Ho field; Source: PetroVietnam
Exploration & Production

First oil flows from offshore project in Southeast Asia ahead of schedule

Vietsovpetro, the Vietnam–Russia joint venture (JV), has brought online a wellhead platform at a field off the coast of Vietnam, Southeast Asia.

about 11 months ago
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