Asset Management
Analysts weigh near‑term risks for Middle East oil and gas producers after a tentative 2‑week ceasefire between the US‑Israeli coalition and Iran.
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.
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Projects in the running include one each from Nigeria, Saudi Arabia, and Guyana. -
The Oklahoma City-based operator struck the first big US shale deal of 2023 as it pivots toward natural gas developments.
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A big jump in the tax incentives offered for putting CO2 in the ground, hopefully forever, has set off a mad rush to sequester CO2. But is that really the best option?
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The $80-million preconstruction services agreement covers onshore facilities of massive, multibillion-dollar sour-gas development.
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Chevron is "encouraged and excited" after drilling its first successful exploration well in the Eastern Mediterranean block.
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The French operator will tie satellite field back to existing FPSO, with first oil expected in around 2 years.
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At a time when there are many models vying to be the one used to evaluate and plan carbon storage sites, the US Department of Energy wants to test one developed by SPE members.
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When the name change was announced on 24 October, the accompanying release said the SLB name was designed to underscore “the company’s vision for a decarbonized energy future and affirming its transformation from the world’s largest oilfield services company to a global technology company focused on driving energy innovation for a balanced planet.”
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A minority stake of the new company to go public later this year.
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Proposed energy projects needing US federal permits will come under increased scrutiny related to the scope and magnitude of potential emissions.
