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Exploration & Production

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Fossil EnergyLiquefied Natural GasLow-Carbon TransitionOil & GasBusiness & FinanceBusiness Developments & ProjectsFPSO & VesselsVesselsProduction & ProcessingSubseaSurveys & InterventionsVessels & VehiclesOutlook & StrategyProject & TendersAuthorities & GovernmentRegulation & PolicyMarine EnergyPolicy & FundingTidal & Wave EnergyCollaborationResearch & DevelopmentTechnologyRigsOperations & Maintenance
Illustration; Source: Australian Energy Producers
Exploration & Production

Australian state’s decade of LNG exports pours $127 billion into economy

Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has revealed a $127 billion boost to Queensland’s economy, thanks to the Australian state’s decade of liquefied natural gas (LNG) deliveries.

about 1 year ago
FPSO Cidade de Itajai is operating on the Baúna field - Karoon
Exploration & Production

Karoon unveils multimillion-dollar investment into FPSO revitalization campaign

Karoon Energy, Australia’s oil and gas company, has revealed its investment plans for a floating production, storage, and offloading (FPSO) revitalization campaign and a life extension project at a field off the coast of Brazil.

about 1 year ago
Van Oord has completed high-precision ballasting operations and the installation of scour protection for the West White Rose project in Canada; Source: Van Oord
Exploration & Production

Van Oord’s final part of work at Canada’s oil project on the agenda for next quarter

With three out of four phases already done, Van Oord, a Dutch marine contractor, is planning to embark on the last segment of its assignment in the fourth quarter of 2025 at a field off the coast of Newfoundland, Canada.

about 1 year ago
Subsea7 prolongs stay at Türkiye’s largest natural gas field with ‘major’ contract
Exploration & Production

Subsea7 prolongs stay at Türkiye’s largest natural gas field with ‘major’ contract

Following the contract for inspection, repair and maintenance (IRM) services announced at the end of 2024, Subsea7 has now been selected to deliver subsea umbilicals, risers and flowlines (SURF) for Türkiye’s largest natural gas field. The SURF engineering, procurement, construction and installation

about 1 year ago
EDrill T-16 rig
Exploration & Production

With one 271-day job done, Singaporean player’s rig preps for new Gulf of Thailand campaign

Energy Drilling has completed a drilling campaign in the Gulf of Thailand undertaken on behalf of Carigali-PTTEPI Operating Company (CPOC).

about 1 year ago
FPSO Raroa operating at the Maari field; Source: MODEC
Exploration & Production

New Zealand prolongs oil production lifespan of OMV’s 16-year-old field to 2037

OMV New Zealand, a subsidiary of Austria’s OMV, has received a multi-year extension of the petroleum mining permit (PMP) 38160, which encompasses an oil field that has been producing hydrocarbons since 2009 off the coast of New Zealand.

about 1 year ago
Three players pool resources on Thai carbon capture and storage gig to speed energy transition
Exploration & Production

JGC-Technip Energies consortium in FEED battle for Inpex’s 20 billion LNG project and FPSO

A consortium, consisting of JGC Indonesia, a subsidiary of Japan’s JGC Holdings Corporation, and Indonesian affiliates of Technip Energies, has confirmed its participation in a competitive dual front-end engineering and design (FEED) portion of work and engineering procurement and construction (EPC)

about 1 year ago
Darwin LNG; Source: Santos
Exploration & Production

With extension in effect, XRG-led consortium hammers away at $19B Santos takeover terms

Australia’s energy player Santos has signed up for a multi-week extension of the deadline set for negotiations regarding an $18.7 billion non-binding indicative offer received from a consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Ho

about 1 year ago
Illustration (Courtesy of TEAMER Program), University of Hawaii
Exploration & Production

TEAMER selects 18 new marine energy projects for technical support

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved 18 projects through its 16th request for technical support (RFTS), representing over $2.7 million in funding. The Technical Support Recipients (TSRs) will receive assistance across numerical modeling, labo

about 1 year ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Exploration & Production

Transocean rig set to kick off gas drilling ops mid-October offshore Australia

ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has modified its timeline for the start of a two-well gas exploration campaign in the Otway Basin, which will be undertaken with one of Transocean’s rigs off the coast of Australia.

about 1 year ago
Illustration; Source: Trafigura
Exploration & Production

Korea’s gas player taps Singapore’s Trafigura for LNG offtake

Trafigura, a Singapore-headquartered commodities group, has secured a multi-year deal to supply liquefied natural gas (LNG) to Korea Gas Corporation (KOGAS), the Republic of Korea’s national gas company, said to be one of the world’s largest importers of LNG.

about 1 year ago
Tangguh LNG; Source: BP
Exploration & Production

Chinese giant expands its oil & gas footprint in Southeast Asia

Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has enlarged its Asian portfolio with two exploration blocks in Indonesia.

about 1 year ago
BW Opal floating production storage and offloading unit
Exploration & Production

Australia ups energy ante: LNG project ready for start-up, FPSO weeks away from first gas

Australian energy player Santos has shed light on the progress made in bringing its oil, gas, and liquefied natural gas (LNG) projects to life, with one project reaching the stage where all the pieces are in place to come online, another is fast approaching the same level, and the third one in Alask

about 1 year ago
Zoex Power's wave energy device. Source: Zoex Power
Exploration & Production

ZOEX Power puts wave energy tech to test in Türkiye’s Black Sea

Aberdeen-based ZOEX Power has deployed its wave energy technology for testing in the Black Sea, Türkiye, with initial results showing higher generation than anticipated. According to the company, the system has already produced several hundred kWh, which were used to power electric heaters at its qu

about 1 year ago
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