Asset Management
After a record year for LNG project approvals in 2025, multiyear repairs to war-damaged liquefaction facilities in Qatar and the UAE threaten to slow the growth of global LNG capacity.
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
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Ecuador program will involve over 40 wells over 18 months. -
Brazilian state oil company will focus E&P efforts in deepwater.
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Shallow water assets sold include interests in four leases
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Venus well could prove 2 billion-barrel find.
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Geopolitics have led to nearly historical highs in gas and oil prices. The underinvestment in upstream oil and gas has strongly impacted both production capacity and record-low reserve discoveries. Addressing these issues among others, IPTC in Riyadh, Saudi Arabia, was a strong start for SPE this year. To determine the right path forward after the discontinuation of t…
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Formerly Delek Drilling, NewMed interested in Moroccan Mediterranean.
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Many OFS companies have pulled away from the unconventional resources and redirected their efforts into alternate energy and clean technology. There is a limited bucket of money available for these companies to invest in new technology, and with every dollar diverted to ESG, those dollars are taken away from traditional technologies.
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Founded in 2008, GA Drilling is developing plasma-based tools to achieve drilling speeds that are about three times faster than what conventional bit technology has historically achieved.
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Reservoir's permeability prompted a lower peak production estimate at deepwater field.
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Mexico’s Ministry of Energy has completed the unitization resolution between the blocks that share the Zama reservoir.
