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Exploration & Production

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Fossil EnergyOil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsRegulation & PolicyFloating SolarMarine EnergyCollaborationOutlook & StrategyProject & TendersTechnologyRigsEnvironmentLow-Carbon TransitionTransitionLiquefied Natural GasDeepwater InstallationFPSOFPSO & VesselsSubseaCarbon Capture Usage & Storage
Alpha Star rig is one of multiple units working for Petrobras offshore Brazil; Source: Constellation Oil Services
Exploration & Production

Brazil puts seven blocks on offer in latest oil & gas bid round

The National Agency of Petroleum, Natural Gas, and Biofuels (ANP) has revealed seven blocks in the Campos and Santos basins that will be offered in the public session of the 3rd Cycle of the Open Acreage of Production Sharing (OPP).

about 1 year ago
Solar in Seychelles
Exploration & Production

Seychelles’ ‘first utility-scale’ floating solar project secures financing

French renewable energy company Qair has secured a $5.7 million (approximately € 4.8 million) senior debt facility from the Facility for Energy Inclusion (FEI), managed by Cygnum Capital, to finance the development, construction, and operation of a 5.8 MWp floating solar plant in Providence Lagoon o

about 1 year ago
Montara field FPSO
Exploration & Production

Initial well production exceeds expectations at Australian offshore oil field

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has revealed the results of initial flow testing at a well off the coast of Australia that achieved production rates significantly above expectations.

about 1 year ago
West Vela drillship; Source: Seadrill
Exploration & Production

US firm hits oil pay in Gulf of America with Seadrill rig

Houston-based energy player Talos Energy has made a new oil discovery in the Gulf of America, formerly the U.S. Gulf of Mexico, thanks to its drilling activities with a drillship owned by Seadrill, an offshore drilling contractor.

about 1 year ago
Foresea NS-42 (ODN-II) drillship will be used during the pre-operational assessment for drilling operations; Source: Petrobras
Exploration & Production

2012-built rig at designated spot: Petrobras sets the stage to secure go-ahead for drilling ops

Following the arrival of a drillship at its drill site, Brazil’s state-owned oil and gas giant Petrobras is getting ready to embark on the pre-operational assessment, as the final stage of the licensing process for drilling a deepwater well in Amapá.

about 1 year ago
Shah Deniz Alpha platform; Source: BP
Exploration & Production

BP confirms multimillion-dollar deals for gas field expansion and terminal electrification

BP has corroborated the award of engineering and procurement support assignments to the SOCAR-KBR joint venture (JV), entailing KBR, a U.S.-headquartered science, technology, and engineering player, and Azerbaijan’s SOCAR.

about 1 year ago
Rendering of the proposed LNG terminal; Source: LNG Alliance
Exploration & Production

Mexico’s large-scale LNG export terminal strikes another 20-year offtake deal

Amigo LNG, a Mexican joint venture between Texas-based Epcilon LNG and Singapore’s LNG Alliance, has landed a definitive multi-year sales and purchase agreement (SPA) with Gunvor Singapore, an independent commodity trading house, for the supply of liquefied natural gas (LNG) from its liquefaction fa

about 1 year ago
SBM Offshore's FPSO One Guyana at ExxonMobil-operated Yellowtail; Source: Saipem
Exploration & Production

Saipem sheds light on its part in early start-up of ExxonMobil’s oil project offshore Guyana

Saipem has landed a helping hand to U.S.-headquartered ExxonMobil to bring online its fourth oil project on the Stabroek block off the coast of Guyana.

about 1 year ago
Illustration; Source: Australian Energy Producers (former APPEA)
Exploration & Production

Australia’s upstream industry stepping up gas game with reform proposals

Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has come up with a set of proposals aimed at boosting Australia’s natural gas arsenal.

about 1 year ago
FPSO Peregrino; Credit: Felipe Torres/Equinor
Exploration & Production

Brazilian FPSO weeks away from restart following oil production shutdown

Norway’s state-owned energy giant Equinor has switched off oil production at its largest operated field outside the European country.

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

TotalEnergies and Shell’s offshore drilling plans at risk as court throws a spanner in the works

As oil and gas exploration off South Africa’s coast continues to garner attention, the offshore drilling activities planned by two energy giants, France’s TotalEnergies and the UK-based Shell, have hit a snag, with the Western Cape High Court opting to set aside the South African government’s decisi

about 1 year ago
FPSO Marlin Natuna; Source: Medco Energi
Exploration & Production

New decarbonization milestone for Asian player as oil & gas assets benefit from solar panels

PT Medco Energi Internasional (MedcoEnergi), an Indonesian-based energy and natural resources company, has achieved a significant sustainability milestone, slashing its Scope 1 and 2 greenhouse gas (GHG) emissions by up to 1.5 million tons of CO2 equivalent (CO2e), compared to its 2019 baseline.

about 1 year ago
Illustration of ZEUS project; Source: MISC
Exploration & Production

ZEUS on the move: Wheels up to turn stranded gas reserves into sustainable energy sources

Four players – MISC, Petronas, Aker Solutions (AKSO), and Clean Energy Systems (CES) – have laid the groundwork for a demo front-end engineering and design (FEED) process to pave the way for the development of the Zero Emission Power Station (ZEUS) project for both onshore and offshore deployment, e

about 1 year ago
Troll C platform in the North Sea; Source: Equinor
Exploration & Production

Norway eyes oil & gas investments of nearly $23 billion next year

Statistics Norway, the Norwegian statistics bureau, has revealed a spike in estimates for oil and gas investments in 2026, which are anticipated to hit NOK 230 billion (approximately $22.55 billion), thanks to higher price estimates in the production drilling segment.

about 1 year ago
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