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    • Exploration & Development

    Photo from Vår Energi.
    Jotun FPSO
    Exploration & Development

    Vår Energi begins tow-out of Jotun FPSO to North Sea Balder field

    March 13, 2025
    Production is expected to begin by the end of second-quarter 2025, with an expected 3-4 months ramp up period to peak production.

    Latest Exploration & Development

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    COSL Drilling Europe AS
    COSL Pioneer semisubmersible drilling rig
    SBM Offshore
    SBM Offshore One Guyana FPSO
    Illustration from Var Energi.
    Var Energi Goliat development illustration.
    Discoveries

    Galp discovers hydrocarbons in fifth Orange basin appraisal

    Feb. 25, 2025
    Preliminary data from the Mopane-3X well in Namibia’s Orange basin confirms oil and gas columns in stacked prospects.
    Exploration & Development

    bp signs agreement to develop Iraqi oil fields

    Feb. 25, 2025
    The agreement includes oil and gas production of more than 3 billion boe and Baba and Avanah domes of Kirkuk oil field and three adjacent fields, Bai Hassan, Jambur, and Khabbaz...
    Area Drilling

    Aker BP’s Norwegian Sea Bounty Updip prospect comes up dry

    Feb. 21, 2025
    Aker BP ASA drilled a dry well in the Bounty Updip prospect in the Norwegian Sea.
    SPE
    FIG 1. East Nesson WAG Pilot #2
    Exploration & Development

    Unconventional EOR shows uplift

    Feb. 19, 2025
    Enhanced oil recovery in unconventional reservoirs has been stymied by its low-permeability, low-porosity environment.
    Discoveries

    Petrobras discovers new oil accumulation at Búzios field

    Feb. 17, 2025
    The discovery is a new accumulation in a zone below the main reservoir, and reaffirms the pre salt potential of the oilfield, Petrobras said in a release Feb. 14.