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Whether it’s reviving inactive gas-condensate wells or identifying overlooked reserves in brownfields, operators are making the most of older wells and fields.

In the next 3 to 5 years, South America and the Middle East will lead global investment, driven by greenfield developments, exploration, and midstream infrastructure. Brazil’s growth is fueled by deepwater pre-salt projects, while the Middle East focuses on gas and LNG, especially in Qatar, Saudi Arabia, and the UAE.

An oversupply of LNG carriers is putting downward pressure on charter rates, pushing them to historic lows. Newbuild LNG carrier deliveries have been outpacing the construction and permitting of new liquefaction facilities needed to support them.

The second annual event included visits from two SPE Distinguished Lecturers and 2024 SPE President Terry Palisch.

TechnipFMC diver Stuart Cowie shares his 17-year experience working as a saturation diver in the oil and gas industry and how to manage mental health and well-being during the often-isolating work demands.

SPE has unveiled a new optional tagline—Solutions. People. Energy.—designed to emphasize the Society’s mission of sharing innovative solutions, empowering members, and addressing the global demand for sustainable energy.

Nine companies, including one small business, were recognized this year for their demonstrated advancements in the industry.

The $1.65 billion deal adds to Vitol’s presence in the West African upstream while enabling Eni to cash out early on the value of some assets while retaining an interest in future revenues.

The combined group will be renamed NEO NEXT Energy and is expected to become one of the largest independent producers in the North Sea.

This is DNO's tenth significant find in the hotspot area offshore Norway.