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Exploration & Production - Offshore Energy

Exploration & Production

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Exploration & Production

Oil & gas production uptick sets the scene for ‘solid’ financial performance as Equinor bolsters low-carbon shift with spike in renewables

Equinor has maintained a stable net profit in Q2 2024, with a drop quarter on quarter but a slight increase compared to the same period 2023.

about 2 years ago

Akcakoca production platform; Source: Trillion Energy

Exploration & Production

Perforations at Trillion’s Black Sea gas field yield mixed results

Canada’s Trillion Energy has shared the latest information on the flow rates and well perforations at its gas field off the coast of Türkiye.

about 2 years ago

Exploration & Production

FPSO staying in Scotland’s Orkney Islands for revamp ahead of redeployment to UK firm’s flagship North Sea oil project

A 2017-built FPSO, destined to work on a redevelopment project in the North Sea, will spend up to a year in Scapa Flow, according to Orkney Harbour Authority.

about 2 years ago

Valaris 123 jack-up rig; Source: Valaris

Exploration & Production

Shell awaits Valaris rig to embark on North Sea drilling ops

Shell is anticipating the arrival of Valaris’ heavy-duty jack-up rig, which is now on its way to the Southern North Sea to undertake drilling activities at a gas prospect on the UK Continental Shelf (UKCS).

about 2 years ago

Exploration & Production

KBR’s technology selected for hydrogen and ammonia project in Oman

Shell has chosen KBR’s ammonia synthesis loop technology for its Blue Horizons low-carbon hydrogen and ammonia project in Duqm, Oman.

about 2 years ago

Noble Resolve jack-up rig; Source: Noble

Exploration & Production

Another first foray taking Noble rig to new location thanks to drilling gig offshore Poland

Noble Corporation has won a new assignment for one of its jack-up rigs, enabling it to work off the coast of Poland for the first time.

about 2 years ago

Exploration & Production

UK player gets its hands on one of ‘largest remaining oil resources’ offshore Scotland

The NSTA has formally awarded a license containing three blocks situated off the coast of Scotland to Parkmead Group.

about 2 years ago

Platform L13C is the first platform on the Dutch side of the Southern North Sea that was converted in the Decomplexing project; Source: Tenaz Energy

Exploration & Production

Shell and ExxonMobil JV cuts a deal with Canadian firm to give up its North Sea oil & gas business for $180 million

Canada’s Tenaz Energy has set the stage to become the second largest operator in the Dutch sector of the North Sea (DNS) by acquiring all of the issued and outstanding shares of NAM Offshore.

about 2 years ago

Exploration & Production

Elcogen and AVL to develop SOEC stack modules for MW-scale hydrogen production plants

Elcogen has partnered up with AVL to develop solid oxide electrolyzer cell (SOEC) stack modules for megawatt (MW)-scale hydrogen production plants.

about 2 years ago

Exploration & Production

‘Large’ subsea win takes TechnipFMC offshore Israel

TechnipFMC has secured what it says is a large integrated engineering, procurement, construction, and installation (iEPCI) contract with London-based oil and gas player Energean for subsea infrastructure destined for a field offshore Israel. As part of the contract worth between $500 million and $1

about 2 years ago

Exploration & Production

Interview: North Sea at the heart of Europe’s CCUS efforts with power generation woven into its fabric

The North Sea offers hope that Europe can stay afloat in the coming years and tackle climate change woes by drinking from the well of an ever-growing palette of low-carbon and clean energy sources to quench the net zero thirst with carbon capture utilization and storage (CCUS) as the keystone of gre

11 minutes read

Illustration; Source: Offshore Energies UK (OEUK)

Exploration & Production

UK set on leaving fossil fuels behind and turning into clean energy superpower

The UK is determined to accelerate its energy transformation, moving away from coal, oil, and gas to turbocharge its clean, green energy mission before the end of the decade.

about 2 years ago

Akçakoca platform; Source: Trillion Energy

Exploration & Production

Ongoing perforation ops at Black Sea field fuel hopes of higher gas flow rates offshore Türkiye

Encouraged by the current results of its well intervention program, Trillion Energy is anticipating an increase in gas flow rates from the wells at its natural gas field in the Black Sea.

about 2 years ago

Environmental Defense Fund Europe (EDFE)

Exploration & Production

EU’s first-ever methane clampdown regulation becoming law of the land

The EU has set standards in place to curb its methane footprint from the energy sector, with the historic legislation to slash methane emissions in Europe.

about 2 years ago