Business/economics
While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
The Houston-based enhanced geothermal developer scored $1.9 billion in an initial public offering, positioning it to expand projects in Utah and Nevada.
Equinor generated its first revenue from the Adura joint venture with Shell, formed in late 2025, highlighting strong early cash flow from key UK fields including Mariner and Buzzard.
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SPE and The Open Group have signed a memorandum of understanding to advance collaboration and innovation in the global energy industry. -
Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
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This paper presents an approach to subsea hydrate-risk management based on the understanding that some crudes have induction properties that delay hydrate formation even when the pressure and temperature conditions reach the hydrate thermodynamic region.
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With inventories swelling and China’s stockpiling nearing its limit, global oil prices may be running out of room to hide.
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The global oilfield service company is working with Ormat Technologies to boost its integrated geothermal business.
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The service company said the cancellation of a 2-GW offshore wind project in the Netherlands means its restructuring plan can no longer be delivered.
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JERA joins Tokyo Gas as a player in the Haynesville as Japan targets the US Gulf Coast as key to building global LNG supply chains.
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Although the global total drilling rig supply is tightening as contractors sell off modern units for nondrilling purposes, day rates are expected to remain flat or dip in the near term, according to an analysis by Esgian.
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EIA says rising inventories in China have offset downward pressure from growing global supply.
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The transaction supports Occidental Petroleum's operations in the Permian Basin and its enhanced oil recovery program.
