Asset Management
The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
Sponsored
Effective data analysis depends on seeing connections that matter. Explore how Spotfire enables a more intuitive approach to understanding petroleum data.
Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.
-
The North Sea project, which is sending production to the nearby Ivar Aasen platform, came online 9 months ahead of schedule. -
The ASEAN Council of Petroleum and Energy and SPE have taken a step toward deeper regional collaboration, formalizing a Memorandum of Cooperation at OTC Asia 2026. The agreement signals a shared commitment to advancing energy security, sustainability, and technical excellence across ASEAN through expanded knowledge exchange and workforce development.
-
The transaction creates a new company, NEO NEXT+, which is now the largest independent producer on the UK Continental Shelf.
-
Conflict‑driven price gains may be offset by higher costs, supply‑chain risks, and a limited appetite for new drilling activity.
-
The companies' combined technologies enable real-time control of well placement, hydraulics, and rig operations.
-
CERAWeek panelists see AI as a way to leverage data and people in interpreting data for exploration, but a cultural shift at companies may still be needed.
-
Updates about global exploration and production activities and developments.
-
Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.
-
In this study, forward simulation is executed by a commercial reservoir simulator while external code is developed for backward calculations.
-
The chair of the SPE Georgetown Section outlines how balanced, apolitical dialogue can support development amid rapid energy expansion.
