Management
Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
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.
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 Norwegian technology developer is working to strengthen the value case for wired pipe through an upcoming offshore campaign with Vår Energi. -
Updates about global exploration and production activities and developments.
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New strategies for protecting metal infrastructure emerge as operators fine-tune a corrosion threat screening process and develop a new method for tracking inhibitor effectiveness.
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Pacific Meltem and Pacific Scirocco will be sold out of the marketed fleet; Noble posts over $2 billion in fresh contract backlog.
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First LNG at Tellurian’ asset known as Driftwood LNG before Woodside’s acquisition last year is expected in 2029.
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SponsoredAs operators strive to increase production under tighter budgets, traditional downhole diagnostics are falling short—too costly, complex, and time-consuming. Seismos Acoustic Friction Analysis (SAFA) offers a smarter, surface-based alternative. This white paper explores how SAFA enables real-time treatment optimization, better fracture performance, and substantial cos…
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SOCAR’s expansion of its exploration footprint in Israeli waters could position Azerbaijan as a future player in EastMed gas.
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Young Professionals Leading the Energy Transition: Insights From SPE’s Beyond the Borders InitiativeIn March, 27 young professionals representing 15 SPE sections and 12 countries convened in Paris for the first edition of SPE Beyond the Borders 2025. The event served as a unique platform for cross-cultural dialogue and forward-looking discussions about the role of YPs in the energy transition.
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Using emergency procedures, the permitting timeline is expected to be significantly reduced, from years to weeks in some cases.
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The latest deepwater exploration well offshore Namibia has found 38 m of net pay and flowed more than 11,000 BOPD of 37 °API oil during testing.
