Business/economics
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
GranTierra will refocus its investment strategy to strengthen its portfolio in Canada and Azerbaijan while Maurel&Prom, majority owned by Pertamina’s international upstream arm, grows its South American footprint in Colombia and Ecuador.
ExxonMobil’s Letter of Intent to begin preliminary engineering and procurement work for Mozambique’s Rovuma LNG project bridges the development to a final EPC contract, which Area 4 partners are expected to award following an FID anticipated by year-end 2026.
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Sixteen companies submitted 69 bids worth $99.5 million in the Big Beautiful Gulf 3 sale. -
Beetaloo Energy and Halliburton have signed an MOU to advance Beetaloo Digital, a proposed gas-powered AI data center hub in Australia’s Northern Territory that could create a new long-term market for Beetaloo Basin gas.
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Williams' acquisition of Momentum Midstream creates a larger, more connected Gulf Coast gas network capable of meeting surging demand from LNG export facilities, power generators, and industrial users.
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Hungary’s MOL Group captures a major project within the EU and its largest upstream opportunity since it farmed into in Azerbaijan’s ACG offshore field.
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The ultrasonic wellbore imaging firm is being taken over by Blackstone, the world's largest alternative asset manager.
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New geothermal technical content and programming will highlight knowledge transfer among oil and gas and geothermal professionals.
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As the company works to realign its portfolio, it puts its North Sea assets in the crosshairs.
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This article from the SPE Integrated Reservoir Management Technical Section (IRMTS) addresses decisions that look stronger than they are and take longer to implement than the reservoir can afford.
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This paper discusses waterflooding and field-development implications of subsea seawater treatment for improved oil recovery.
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Two new US Department of Energy funding programs focus on improving shale recovery, mitigating produced-water risks, managing sour gas, and enhancing facility efficiency.
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