Human resources

The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Launched by the SPE Integrated Reservoir Management Technical Section, this initiative provides young professionals with opportunities to apply next-generation skills, build confidence, and develop leadership capabilities, preparing them to guide the industry forward.
The Human Resource Development Corporation and Society of Petroleum Engineers Asia Pacific signed a memorandum of understanding to support the development of a future-ready energy workforce and strengthen Malaysia’s position as a regional hub for technical expertise and innovation.

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