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Exploration & Production

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FSRU Hoegh Galleon; Source: Höegh LNG
Exploration & Production

Chevron, Höegh Evi, SLB, and Energean helping Egypt expand energy horizons to fuel its future

Given the ongoing global energy security concerns, Egypt has taken further steps to deepen energy alliances with international players, including Chevron, Hoegh Evi, SLB, and Energean. These and similar undertakings are paving the way to boost exploration, liquefied natural gas (LNG), and sustainabi

about 1 year ago
Subsea7 gets ‘major’ project to work in Saudi waters in 2027-2028
Exploration & Production

Subsea7 gets ‘major’ project to work in Saudi waters in 2027-2028

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Subsea7 has secured a new project with Saudi Arabia’s energy giant Aramco under their long-term agreement (LTA), covering pipeline work and topside modification. Subsea7’s contract scope includes the engineering, procurement, construction, and installation (EPCI) of 106 kilometers of infield and exp

about 1 year ago
Stargate Hydrogen partners with Saudi Arabia’s RDIA to boost hydrogen innovation
Exploration & Production

Stargate Hydrogen partners with Saudi Arabia’s RDIA to boost hydrogen innovation

Stargate Hydrogen, an Estonia-based deep-tech and green hydrogen technologies manufacturer, has signed a memorandum of understanding (MoU) with the Research, Development, and Innovation Authority (RDIA) of Saudi Arabia to boost hydrogen innovation.

about 1 year ago
FPSO Energean Power; Source: Energean
Exploration & Production

First gas from Mediterranean phased development on track for 2027

London-based oil and gas player Energean is expecting to bring online in less than two years the first chapter of an area in the Mediterranean, containing a string of gas discoveries made in 2022, as part of a phased development off the coast of Israel.

about 1 year ago
Valaris DS-12 drillship; Source: Valaris
Exploration & Production

BP’s dash for gas: Five-well drilling campaign on Mediterranean’s horizon

BP has taken steps to expand its natural gas arsenal in the Mediterranean Sea by striking a deal with Egypt for a multi-well drilling campaign, which is expected to yield new finds that will prolong the lifespan of existing production facilities in the West Nile Delta.

about 1 year ago
Illustration; Source: Rystad Energy
Exploration & Production

Potential imbalance in oil demand and supply on the cards

With data showing the availability of proven reserves for only 14 years of current production, Rystad Energy, an energy market intelligence group, has pointed out that in a scenario where oil demand is on the rise, supply may struggle even with high prices, but if the energy transition gets a boost,

about 1 year ago
An offshore platform
Exploration & Production

BP and Eni set their cap on stepping up Mediterranean oil & gas game

Two European energy giants, the UK-headquartered BP and Italy’s Eni, have signed on the dotted line to pursue hydrocarbon exploration activities in the Mediterranean Sea, which will lend Egypt a helping hand in augmenting the Middle Eastern country’s oil and gas production volume.

about 1 year ago
ADNOC Gas' Das Island LNG facility; Source: HS Switchgear FZCO
Exploration & Production

UK player’s decarbonization tech kicks off its test run at ADNOC’s oil & gas assets

Oxford Flow, the UK-headquartered valve solution and flow control equipment specialist, has embarked on a trial of its new valve technology at two oil and gas assets operated by the UAE-headquartered Abu Dhabi National Oil Company (ADNOC) to demonstrate the commercial and environmental benefits of t

about 1 year ago
Fugro picks up survey contracts for UAE field developments
Exploration & Production

Fugro picks up survey contracts for UAE field developments

The Netherlands-headquartered Fugro has secured a series of contracts for offshore and onshore site surveys in the United Arab Emirates, supporting two of the country’s largest energy field development programs. Work is set to begin in August 2025. The scope includes geophysical and geotechnical inv

about 1 year ago
FRV taps Envision Energy for large-scale green ammonia project at Port of Pecém
Exploration & Production

FRV taps Envision Energy for large-scale green ammonia project at Port of Pecém

FRV has selected Envision Energy as its strategic partner for H2 Cumbuco, a large-scale green ammonia project located within the renewable hydrogen hub of the Port of Pecém, Brazil.

about 1 year ago
SOHAR Port and HYNAT to develop natural hydrogen value chain in Oman
Exploration & Production

SOHAR Port and HYNAT to develop natural hydrogen value chain in Oman

SOHAR Port and Freezone has signed a memorandum of understanding (MoU) with Swiss company HYNAT to develop a natural hydrogen value chain in Oman.

about 1 year ago
Valaris DS-15 drillship; Source: Valaris
Exploration & Production

Billion-dollar rig jobs raise Valaris’ backlog to $4.7B

Valaris has won a new batch of rig assignments and extensions, enabling three drillships and three jack-ups to secure work in different geographies.

about 1 year ago
SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz
Exploration & Production

SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz

Offshore Energy has launched a summer sale with up to 50% off on advertising packages, ending on July 31. Use this opportunity to book your advertising campaign and multiply ways to increase exposure to the industry! Get 15% off for one, 25% off for two, and 50% off for three products or more. Conta

about 1 year ago
Chevron-operated Leviathan gas asset; Source: NewMed Energy
Exploration & Production

‘Exciting’ marine phenomenon at offshore gas platform ignites spark of scientific research

CSA Ocean Sciences Inc. (CSA), a marine environmental consulting firm, has shed light on a scientific discovery at an offshore natural gas platform in the Mediterranean Sea, which has spurred subsequent investigation among faculty members at Tel Aviv University and collaborating partners in the regi

about 1 year ago