Management
The operator has estimated about 500 million bbl of oil in place at Algaita in Block 15/06.
The planned facility was designed to process 34 MMcf/D of associated gas into fully refined gasoline.
The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.
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A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia. -
The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
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BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
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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.
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Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
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This article is the fifth in a Q&A series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this edition, Shantanu Agarwal, founder and CEO of Mati Carbon, discusses how the company’s approach to carbon removal led to winning the Musk Foundation’s XPRIZE in 2025.
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EERC CEO Charles Gorecki outlines how applied research in North Dakota is helping improve oil recovery, reduce emissions, and advance carbon storage.
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2025 has seen an 81% year-on-year rise in the number of small modular reactor designs to have secured at least one source of funding or a funding commitment.
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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 objective of this microfluidic investigation is to identify and test two novel applications for magnetic fluids in porous media for subsurface oilfield applications.
