Asset Management
EY reports an 11% decline in reserve additions and the first sub-100% reserve replacement ratio since 2021, even as crude output climbed.
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
Shell is continuing to reshape its portfolio with the sale, which includes its interest in the BP-operated Na Kika platform and the Coulomb tieback.
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The SPE Reservoir Technical Discipline and Advisory Committee invite their Reservoir members worldwide to participate in a new survey aimed at assessing the current state of reservoir engineering across industry and academia. Deadline is 21 July 2025. -
Gold H2 says it is the first to achieve commercial-scale hydrogen production by introducing microbes to a mature oil reservoir.
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The field, which holds the first production license on the Norwegian Continental Shelf, sent oil to the Jotun FPSO on 23 June.
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Less than 3 months after going onstream, the Barents Sea project, the northernmost production offshore Norway, is producing 220,000 B/D.
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The supermajor follows other oil companies including ExxonMobil, Equinor, and Occidental Petroleum in the hunt to bolster US supplies of lithium.
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The SPE France Section marked a major milestone with its 40th anniversary celebration in March, held at the iconic Musée des Arts et Métiers in Paris. This historic venue—dedicated to centuries of engineering excellence—served as a fitting backdrop for an evening that honored legacy, acknowledged present challenges, and explored the evolving role of oil and gas profes…
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While militant attacks halted construction at Mozambique’s onshore megaprojects, Eni began LNG exports using a floating production strategy, which now serves as the foundation for its ongoing development.
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DNV’s carbon capture and storage outlook forecasts a massive shortfall in the projects necessary to help the world reach net-zero emissions by 2050.
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The tentative offer has received unanimous support from the board of Australia’s second-largest oil and gas producer.
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Japan’s largest power generator is focused on sourcing Haynesville natural gas production for Gulf Coast export as LNG.
