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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In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule that targets shipping first product in 2029.
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Launched by the SPE Integrated Reservoir Management Technical Section, this initiative provides young professionals with opportunities to apply next-generation skills, build confidence, and develop leadership capabilities, preparing them to guide the industry forward.
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The supermajor says it aims to start appraisal activities in 2027 and is evaluating development possibilities for the deepwater find offshore Brazil, which is the company’s largest discovery in 25 years.
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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.
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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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With inventories swelling and China’s stockpiling nearing its limit, global oil prices may be running out of room to hide.