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Exploration & Production

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Minesto has resumed electricity production from its 1.2 MW Dragon 12 tidal kite Luna in Vestmannasund, Faroe Islands, following an upgrade period with a longer tether.
Exploration & Production

Minesto’s megawatt-scale tidal kite returns to action after upgrade

Swedish tidal energy developer Minesto has resumed electricity production from its 1.2 MW Dragon 12 tidal kite Luna in Vestmannasund, Faroe Islands, following an upgrade period, most prominently including a longer tether. According to Minesto, the Dragon 12 is now back in operation and supplying pow

about 1 year ago
Scarabeo 8 rig; Source: Saipem
Exploration & Production
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New oil discovery springs up in Norwegian waters

Aker BP has made a new oil discovery in the Norwegian Sea, off the coast of Norway, with a semi-submersible rig owned by Italy’s Saipem.

about 1 year ago
Production capacity of 1.3 million barrels of oil per day expected by the end of 2027 offshore Guyana; Source: ExxonMobil
Exploration & Production

Guyana’s new bill to hold operators accountable for oil spills

Given the challenges many countries around the globe have faced in containing oil spills, Guyana has taken steps to avoid a similar fate by making oil and gas operators liable for environmental protection, thanks to a new legislation, which sets out a comprehensive national legal framework for oil s

about 1 year ago
Harmony platform; Source: Sable Offshore
Exploration & Production

California’s first of three offshore platforms back in oil production business after 10 years

Sable Offshore, a Texas-based oil company, has restarted oil output from a platform off the coast of California, where production has been offline for a decade.

about 1 year ago
new extra-long-range (XLR) Oceanus12 by Zero USV
Exploration & Production

UK firm introduces extra long range USV with 7500-nautical-mile range

UK-headquartered Zero USV has introduced an extra-long-range (XLR) version of its Oceanus12 unmanned surface vessel (USV), extending its operational capability to 7500 nautical miles and up to 60 days without requiring external support. The original Oceanus12, launched earlier this year, was designe

about 1 year ago
Abdülhamid Han drillship; Source: President Recep Tayyip Erdoğan
Exploration & Production

Türkiye’s drillship makes ‘large’ gas find in Black Sea

As part of Türkiye’s mission to cut its reliance on foreign natural gas and diversify its sources of supply, the country is conducting oil and gas exploration activities. One of the drillships tasked with searching for hydrocarbon reserves has made a new natural gas discovery in the Black Sea.

about 1 year ago
Depsea Yantai rig; Source: Odfjell Drilling
Exploration & Production

Norwegian Sea wildcat on Odfjell Drilling-managed rig’s agenda

Norwegian authorities have handed out a drilling permit for an exploration well in the Norwegian Sea, which is expected to be drilled this month using one of Odfjell Drilling-managed semi-submersible rigs.

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

US energy giants poised to pour $60 billion into UAE oil & gas projects

Abu Dhabi National Oil Company (ADNOC) has strengthened its energy bonds with U.S. energy majors, thanks to deals to ramp up oil and gas production capacity at two giant fields.

about 1 year ago
Carnegie and SEI engineers demonstrate testing underway with a representative from EuropeWave and Ente Vasco de la Energia
Exploration & Production

Carnegie advances ACHIEVE wave energy project with new EuropeWave payment

Australia’s wave energy developer Carnegie Clean Energy has confirmed that its wholly owned subsidiary, CETO Wave Energy Ireland (CWEI), received a €137,152 payment under the EuropeWave Phase 3 contract, part of its ACHIEVE program. The payment follows the completion of electrical and control system

about 1 year ago
Illustration; Source: ADNOC Drilling
Exploration & Production

AI and clean tech enabling oil boost and emission cuts at world’s second largest offshore field

ADNOC has decided to move forward with a phased development plan to expand a giant offshore oil field, increasing output through new technologies while curbing greenhouse gas (GHG) emissions to ensure more sustainable operations.

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

ConocoPhillips’ hunt for gas offshore Australia continues as Asian firm jumps on the bandwagon

ConocoPhillips is getting a new partner for hydrocarbon exploration activities in the Otway Basin off the coast of Australia, where the firm and its partners will look for more commercially viable natural gas reserves.

about 1 year ago
Noble Venturer drillship; Source: Noble Corporation
Exploration & Production

Halliburton plays its part in Rhino’s oil search offshore Namibia

As Africa continues to attract more interest in its offshore basins, U.S.-headquartered oilfield services player Halliburton has lent a helping hand to Rhino Resources for exploration activities on Block 2914 within the petroleum exploration license (PEL) 85 off the coast of Namibia.

about 1 year ago
ACWA Power strengthens US clean energy ties with $500 million in new deals
Exploration & Production

ACWA Power strengthens US clean energy ties with $500 million in new deals

ACWA Power has signed several clean energy memoranda of understanding (MoUs) with U.S. companies, totalling $500 million.

about 1 year ago
Illustration; Source: North Sea Transition Authority (NSTA)
Exploration & Production

NSTA and Crown Estate Scotland to team up on North Sea energy, carbon storage

The UK’s North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) to coordinate efforts around energy and carbon storage in the North Sea. According to NSTA, the agreement outlines shared priorities, including enabling co-location of technologies,

about 1 year ago