Asset Management
The Career Advancement Network held its Energy Professionals Hiring Event at SPE’s 2026 Offshore Technology Conference, allowing participants to connect with employers, explore opportunities, and seek information about job opportunities in a rapidly evolving industry.
The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.
The top three bidders in the latest lease sale by the US federal government paid a combined $3.9 billion.
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The discovery in the Kutei Basin offshore Indonesia is being considered for fast-track development. -
The new development is estimated to hold 46 million bbl of recoverable oil and is planned to start up in late 2028.
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The project in the US Gulf is expected to add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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Deepwater blocks drew most of the attention in the first lease sale for the offshore region to be held in 2 years.
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Project financing raised by JP Morgan will enable YPF and its partners Eni and ADNOC’s XRG to launch Phase 2 of Argentina LNG, boosting production to 18 mtpa by 2030–2031.
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First oil is expected from Phase 1 of the project in 2028, with up to four more phases planned.
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The Gorgon Phase 3 project aims to counter declining reservoir pressure to sustain gas supplies to Western Australia’s domestic market and support LNG exports to Asia.
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The Denver-headquartered shale producer will become a pure-play operator of the Marcellus Shale in West Virginia.
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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.
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Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
