Business/economics
The deal positions the merged company to benefit from an expected offshore drilling upcycle.
Suspended by force majeure since the spring of 2021, work on the Mozambique LNG project has restarted with over 4,000 workers now engaged onshore and offshore to meet a 2029 deadline for first LNG.
Shell CEO Wael Sawan said Nigeria’s improving investment climate is boosting its appeal for long-term oil and gas investment.
-
The acquisition will add water infrastructure in both the Midland Basin of west Texas and the Williston in North Dakota. -
A dozen new platform supply vessels will be supplied by Bram Offshore and Starnav Serviços Marítimos.
-
A new UK-based operating company is set to launch next year with a production profile of nearly 140,000 BOE/D.
-
This article examines how decommissioning costs impact project viability, showing that operational profitability can mask uneconomic end-of-life obligations, and advocates for ethical diligence in assessing these costs.
-
SPE has launched a new community on SPE Connect for 2025 SPE President Olivier Houzé, the first of its kind. This platform offers members a unique opportunity for direct, open discussions with Houzé.
-
This paper analyzes a 2021 merger to understand the distinct advantages gained from applying a probabilistic approach to the financial analysis of mergers, acquisitions, and divestitures.
-
This paper presents three examples covering both gas and oil fields at different stages of their lives that show how estimated ultimate recovery (EUR) and the corresponding range of EUR uncertainty varies over the life of each field.
-
This paper examines the economics of carbon capture, usage, and storage projects, either standalone or in conjunction with large offshore gas projects, in Denmark, Indonesia, and Australia.
-
This month’s column offers an inside look at SPE’s governance, highlighting the Board of Directors and the selection process for its members. SPE President Olivier Houzé revisits lessons from the 2022 SPE-AAPG merger discussions and wraps up with actionable ideas to boost transparency and member engagement.
-
Wood Mackenzie analysis projects a full repeal of the Inflation Reduction Act is unlikely, while industry proponents urge permitting overhaul and loosening of burdensome regulations.
