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Exploration & Production

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Man with a hardhat with words "Chevron" on it with an offshore rig in the background
Exploration & Production

Chevron, Anadarko, and Westlawn shake hands on oil & gas exploration offshore Peru

As three oil and gas players — Chevron, Anadarko, and Westlawn — have forged a consortium to pursue hydrocarbon exploration off the coast of Peru, the results of a previously undertaken 3D marine seismic survey are the first item on their agenda, followed by a drill-or-drop decision.

about 1 year ago
OSIP floating platform concept illustration
Exploration & Production

Bay of Fundy tidal energy projects receive $10.7M federal boost

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Natural Resources Canada (NRCan) has allocated $10.7 million in federal funding for two projects aimed at advancing tidal energy monitoring in the Bay of Fundy. The funding, delivered through the Energy Innovation Program, will support the Ocean Sensors Innovation Platform (OSIP) led by the Fundy Oc

about 1 year ago
FPSO BW Opal; Source: Santos
Exploration & Production

‘Major milestone’ for Australian project: Santos unveils first gas from BW Offshore FPSO

Australian energy player Santos has revealed the beginning of production operations related to a floating production, storage, and offloading (FPSO), which is managed by Norway’s BW Offshore and deployed at its project off the coast of Australia’s Northern Territory.

about 1 year ago
Rosneft
Exploration & Production

EU’s 19th sanctions wave targets Russia’s energy lifelines: LNG ban, oil cap cut, and step-up in shadow fleet purge

The European Commission’s proposal for the 19th package of sanctions not only deepens the shadow fleet sweep with 180 new vessel listings, but also tightens the energy noose on the Kremlin with a liquefied natural gas (LNG) ban, marking a turning point in the EU’s attempt to wean itself off Russian

about 1 year ago
Transocean Encourage rig; Source: Transocean
Exploration & Production

Equinor earns regulatory sign-off for upcoming drilling ops with Transocean rig

Norwegian state-owned energy giant Equinor has received the all-clear from the country’s authorities to use one of Transocean’s semi-submersible rigs for drilling operations at a field off the coast of Norway.

about 1 year ago
Shelf Drilling Fortress departing Invergordon
Exploration & Production

Hibiscus spuds one of only three UKCS wells scheduled in 2025 as sector faces ‘historic lows’

Malaysian independent oil and gas exploration and production company, Hibiscus Petroleum, has spudded a new well at a field in the Central North Sea (CNS) off the coast of the United Kingdom.

about 1 year ago
Athena gas plant; Source: Amplitude Energy
Exploration & Production

More oil & gas drilling ops in the pipeline offshore Australia

Cooper Energy (CH), a subsidiary of Cooper Energy that rebranded itself as Amplitude Energy in November 2024, has submitted its environment plan (EP) to the Australian offshore regulator for drilling activities off the coast of Australia.

about 1 year ago
An offshore drilling rig
Exploration & Production

Semi-sub rig gets to work with BW Energy off Namibia

Oslo-listed oil and gas E&P player BW Energy has spudded a well in a license it operates in Namibia’s Orange Basin.

about 1 year ago
COSL Innovator rig; Source: COSL
Exploration & Production

Equinor’s latest drilling quest in North Sea hydrocarbon hunt brings no black gold

Norwegian state-owned energy giant Equinor has finished drilling a wildcat well in the North Sea with one of COSL Drilling Europe’s semi-submersible rigs. This hydrocarbon exploration did not lead to a new oil and gas discovery off the coast of Norway.

about 1 year ago
UK
Exploration & Production

ABP-backed collaboration wins UK government funding for green methanol project

TURBO-METH, a green methanol production technology project backed by the UK’s port operator Associated British Ports (ABP), has secured funding as part of the UK Department for Transport’s Clean Maritime Demonstration Competition (CMDC) 6.

about 1 year ago
Geophysical survey clears way for 10 MW wave energy project in Portugal
Exploration & Production

Geophysical survey clears way for 10 MW wave energy project in Portugal

Swedish wave energy developer CorPower Ocean has completed a geophysical survey offshore Aguçadoura, northern Portugal, which supports the demonstration of its C5 wave energy technology and prepares the groundwork for the planned 10 MW project. The Portuguese Directorate-General for Natural Resource

about 1 year ago
Texas GulfLink deepwater crude oil export terminal; Source: Sentinel Texas GulfLink
Exploration & Production

Texas’ deepwater crude oil export port cleared for takeoff as US energy expansion continues

Texas GulfLink, an affiliate of Dallas-based Sentinel, has received a permit from the U.S Environmental Protection Agency (EPA) for its offshore deepwater crude oil export terminal near Freeport, Texas.

about 1 year ago
HyOrc and Start forge joint venture to build green methanol network in Portugal
Exploration & Production

HyOrc and Start forge joint venture to build green methanol network in Portugal

HyOrc has signed a definitive joint venture (JV) agreement with Start to co-develop and operate a network of green methanol plants in Portugal.

about 1 year ago
Neowave Energy, a Colombia-based startup, is moving forward with the development of its wave energy converter (WEC).
Exploration & Production

Colombian start-up tests small-scale wave energy converter

Neowave Energy, a Colombia-based startup, is moving forward with the development of its wave energy converter (WEC). The company has designed, manufactured, installed, and analyzed a small-scale version of its device in the Universidad Nacional de Colombia wave flume. According to Neowave, the tests

about 1 year ago