Asset Management
The deal adds physics-based reservoir modeling and real-time decision workflows to SLB’s digital portfolio.
Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.
INEOS Energy and Shell have partnered to invest in Gulf of Mexico exploration, while Eni reported strong productivity from its Geliga 1 discovery in Indonesia. Santos is advancing its Agogo project in Papua New Guinea, and ConocoPhillips received approval to redevelop several previously producing oil fields in Norway’s Greater Ekofisk Area.
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The top three bidders in the latest lease sale by the US federal government paid a combined $3.9 billion. -
US Energy Information Administration data sees the country’s energy production jump 3.4% over 2024 levels. Additionally, the EIA predicts industrial natural gas consumption to hit records in 2026 and 2027.
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This article from the SPE Hydrogen Technical Section (H2TS) analyzes career opportunities and the capabilities professionals will need as the hydrogen sector continues to take shape.
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The collaboration aims to provide a dedicated land rig for geothermal wells in the US.
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Expected to be commissioned in 2027, the new pipeline will double the UAE's current capacity of 1.8 million B/D of crude that can be transported beyond the contested waterway.
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Analysis from Wood Mackenzie warns that a prolonged closure of the critical waterway would have lasting effects on the global economy and Middle East supply capacity.
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Caturus Energy’s platform integrates upstream assets from the Haynesville and East Texas basins with downstream liquefaction and export terminal facilities on Louisiana’s Gulf Coast.
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After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry.
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While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
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The Houston-based enhanced geothermal developer scored $1.9 billion in an initial public offering, positioning it to expand projects in Utah and Nevada.
