Asset Management
Corporate consolidation and foreign buyers helped drive $38 billion in upstream deals in the first quarter of 2026.
The Career Advancement Network held its Energy Professionals Hiring Event at SPE’s 2026 Offshore Technology Conference, allowing participants to connect with employers, explore opportunities, and seek information about job opportunities in a rapidly evolving industry.
The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.
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The $32-million deal nets producer proved reserves of 3.2 million BOE.
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Nation also changes fiscal regime to attract new investment.
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New terms would allow contractors more than 50% equity share in some new blocks.
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BP, QatarEnergy and Zarubezhneft were among the other winners.
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The energy ministry instructed a shutdown following Hamas missile strikes.
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Total structure discovered could hold as much as 5 Tcf of gas in place.
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The two newest crew members of the Pazflor floating production, storage, and offloading unit are a pair of robots capable of inspecting 1,700 different points of interest.
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The three companies signed a Memorandum of Understanding to explore the development of an energy-specific large language model.
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Standard Lithium says the latest drilling project indicates an increasing trend of lithium concentrations in the Texas portion of the Smackover formation.
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Higher oil prices and increased demand resulted in better returns for oilfield service companies.