Asset Management
The London-based supermajor is stepping back from startup investing as it seeks to focus capital on its oil and gas business.
After a record year for LNG project approvals in 2025, multiyear repairs to war-damaged liquefaction facilities in Qatar and the UAE threaten to slow the growth of global LNG capacity.
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
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With McDermott announcing “substantial completion” of the production platform, operator Pemex is expected to begin commercial operations soon. Abkatun-A2 will produce up to 220,000 BOPD from shallow-water fields in the Gulf of Mexico. -
Wood Mackenzie energy transition experts take on some of the trickiest questions about how to meet the world’s future energy needs while managing climate change.
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Eni credits an integrated work model for the startup just 3 weeks after completion. Under the model, various disciplines worked in parallel from the exploration phase and synergies with existing production facilities were leveraged.
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The time it takes for a shale producer to drill a well has been a major focus for the past decade. A new report says the industry should place equal weight on how long it takes a well to actually deliver first oil.
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Expected to close 31 October, the deal will create one of the largest pressure pumpers in the US.
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Is this the end of petroleum engineering as we know it? 2016 SPE President Nathan Meehan dives into the question on the new SPE Podcast.
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The two largest oilfield services firms grapple with a worsening North American land market.
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Developing the facility of the future is a technological and infrastructural challenge, but the people behind the technology play just as critical of a role in actualizing complex, innovative asset designs. How will future facilities affect the way companies operate?
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The Management and Information technical discipline will be split to recognize the importance of digital transformation among our members’ responsibilities and the industry as a whole.
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Equinor, the operator of the Johan Sverdrup field, said that Mongstad will receive more than 30% of the total oil from the Norwegian Continental Shelf when the field is operating at full capacity.
