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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Although the global total drilling rig supply is tightening as contractors sell off modern units for nondrilling purposes, day rates are expected to remain flat or dip in the near term, according to an analysis by Esgian. -
DNV projects the energy transition will be marginally slower than what it forecast last year, both in terms of emissions and in fossil fuel’s share of primary energy.
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Liquefied natural gas (LNG) exporters in the US plan to more than double the country’s liquefaction capacity by adding an estimated 13.9 Bcf/D between 2025 and 2029.
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The freely accessible online platform is the latest in a series of maps designed to reveal the continent’s untapped geothermal potential.
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The joint venture with Nigeria's Sunlink Energies aims to deliver first production before 2030.
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EIA says rising inventories in China have offset downward pressure from growing global supply.
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TotalEnergies and the Danish Underground Consortium complete a 7-year effort to redevelop the Tyra field, lowering emissions and extending field life.
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Mozambique is poised to become Africa’s third-largest exporter of liquefied natural gas when Coral Norte comes onstream in 2028.
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Australia’s H2Perth blue and green hybrid hydrogen project is expected to benefit from carbon credits from the offshore Bonaparte carbon storage facility where Inpex and TotalEnergies are drilling appraisal wells together with Woodside.
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SPE began an exciting new chapter in its publishing program by consolidating three specialty publications—HSE Now, Data Science and Digital Engineering, and Oil and Gas Facilities—into JPT.
