Asset Management
The deal includes Waygate’s inspection portfolios and is expected to close later this year.
An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.
Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.
-
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. -
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.
-
A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
-
The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
-
BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
-
SPE and The Open Group have signed a memorandum of understanding to advance collaboration and innovation in the global energy industry.
-
Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
-
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.
-
EERC CEO Charles Gorecki outlines how applied research in North Dakota is helping improve oil recovery, reduce emissions, and advance carbon storage.
-
2025 has seen an 81% year-on-year rise in the number of small modular reactor designs to have secured at least one source of funding or a funding commitment.
