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Agreements create long-term frameworks to advance offshore Suriname developments, aiming to streamline project delivery, reduce costs, and accelerate field development through early integration across the project life cycle.
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While Uzbekistan has seen a significant drop in flaring, methane leaks from deteriorating infrastructure continue to reveal themselves to satellites in space.
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ExxonMobil will retain its equity stakes in ongoing Bass Strait projects even as it hands off its operatorship responsibilities to Woodside Energy.
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Thermal stimulation can accelerate the formation of shale creep barriers for long-term well integrity but only within a carefully controlled temperature window. This study identifies optimal thermal conditions for maximizing barrier performance while avoiding thermally induced shale damage.
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Technology and partnerships remain important, while phased approaches may supplant lengthy appraisal programs, experts said during CERAWeek.
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Analysts weigh near‑term risks for Middle East oil and gas producers after a tentative 2‑week ceasefire between the US‑Israeli coalition and Iran.
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The North Sea project, which is sending production to the nearby Ivar Aasen platform, came online 9 months ahead of schedule.
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The ASEAN Council of Petroleum and Energy and SPE have taken a step toward deeper regional collaboration, formalizing a Memorandum of Cooperation at OTC Asia 2026. The agreement signals a shared commitment to advancing energy security, sustainability, and technical excellence across ASEAN through expanded knowledge exchange and workforce development.
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The transaction creates a new company, NEO NEXT+, which is now the largest independent producer on the UK Continental Shelf.
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The department announced it plans to combine the Bureau of Offshore Energy Management and the Bureau of Safety and Environmental Enforcement into the Marine Minerals Administration.
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Conflict‑driven price gains may be offset by higher costs, supply‑chain risks, and a limited appetite for new drilling activity.
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While some idle wells may be brought back into production, many will be plugged and abandoned. This paper considers repurposing certain idle oil and gas wells by using their empty steel casing for the disposal of nuclear waste.
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