Asset/portfolio management
Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.
Since the US arrested and removed Venezuelan President Nicolás Maduro on 3 January 2026, all eyes have turned toward the country’s vast oil reserves, the largest of any country. From 2005 to 2024, oil production in Venezuela fell by 70%, from 3.1 million B/D to just 0.9 million B/D. The race is on to bring production back, but aging infrastructure and expatriation pre…
Corporate consolidation and foreign buyers helped drive $38 billion in upstream deals in the first quarter of 2026.
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The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anticorruption efforts for the 2025 Licensing Round, which began on 1 December. -
Deepwater blocks drew most of the attention in the first lease sale for the offshore region to be held in 2 years.
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The Denver-headquartered shale producer will become a pure-play operator of the Marcellus Shale in West Virginia.
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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.
