Asset/portfolio management
This article from the SPE Integrated Reservoir Management Technical Section (IRMTS) examines the closed-loop IRM approach, from insight to execution to learning, and the limits of technology-driven solutions.
DNO outbid Genel Energy for the deal, which Genel said it may challenge, according to a filing with the London Stock Exchange.
The supermajor expects output to double to about 600,000 B/D as a result of a new agreement with one of its joint ventures in Venezuela.
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The Denver-headquartered shale producer will become a pure-play operator of the Marcellus Shale in West Virginia. -
The North Sea Transition Authority has published its first table identifying 13 operators that are behind schedule in decommissioning their inactive North Sea wells.
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Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
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The papers featured here highlight how artificial intelligence, carbon management, and risk analytics are redefining the way companies assess and manage their assets in increasingly complex environments.
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Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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Of the total approved by ADNOC’s board, $50 billion will be invested in Canada under a framework agreement targeting projects in AI, energy, and mining.
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The US and UK sanctioned Russian independent Lukoil International and state-owned Rosneft in a bid to pressure Russia over Ukraine.
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Even as industry faces policy and tariff uncertainty, companies view spending on digital transformation as a driver of efficiency.
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A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
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BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
