Asset Management
The UAE will prioritize national interests and production flexibility, setting up implications for OPEC’s market power, oil, prices, and global supply dynamics.
Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil&Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
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The $100-billion project is widely considered the largest unconventional development outside of the US and is noted by Aramco as the largest nonassociated gas development in the kingdom. -
Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
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The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
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Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
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The capability of modern wellbore surveying to increase asset value through improved subsurface modeling and completion-equipment placement is being overlooked by managers of operating companies.
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This study presents a novel hybrid approach to enhance fraud detection in scanned financial documents.
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This paper provides insight into existing tools, methodologies, and processes that can help any capital project or organization improve predictability of outcome while mitigating risks and exploiting opportunities effectively.
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As the industry advances through a pivotal stage of the energy transition, emphasis remains on topics such as carbon capture and storage (CCS), decarbonized operations, digital transformation, and asset integrity—areas driving innovation, operational excellence, and sustainable value within SPE’s evolving technical landscape.
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This study ascertains the capital expenditure and operating expenditure associated with the reuse of existing facilities, specifically regarding a carbon capture and storage project being prepared in South Korea.
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The authors state that issues faced by the Gorgon carbon capture and storage project primarily relate to risk and pressure management of the produced water from the Dupuy formation rather than from capture, transport, injection, and storage technologies.
