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As HPHT wells push equipment to the edge of material limits, operators are turning to advanced thermoplastics and sealed electrical assemblies to maintain system integrity. From ESP insulation to BOP control systems, the right component design can prevent failures, lower intervention costs, and extend equipment life in the harshest offshore environments.
SPE member Silviu Livescu has been chosen to receive the award in recognition of his groundbreaking contributions to next-generation, low-enthalpy geothermal energy systems, which are enabling widespread, cost-effective building heating and cooling solutions.
The discovery in the Kutei Basin offshore Indonesia is being considered for fast-track development.
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The China National Offshore Oil Corporation said it plans to use water injection, steam huff ’n’ puff, and steamflooding to produce the heavy oil field, with peak production expected in 2026. -
The company said it is considering connecting the Vidsyn commercial discovery to the nearby Fenja subsea facility.
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Chevron now holds a 30% stake in a prolific offshore Guyana development, where oil production is expected to ramp up over the next few years.
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The new vessel, P-78, will be deployed on the Buzios field in the Santos Basin offshore Brazil.
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The update increases the guidance’s focus on creating a just energy transition.
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The traditionally Oklahoma-centric producer adds new acreage in west Texas and New Mexico through a pair of purchases.
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Welligence projects explorers are targeting 50 billion BOE in the near term, with about 20% of that being gas.
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As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
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Tight oil and gas producers in the US are pulling back faster than expected as oil prices stagnate and produced water management constraints grow.
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Electricity produced onshore powers oil production at Johan Sverdrup holding CO₂ emissions at only 5% of the global average.
