Asset Management
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
Applications are now open for the OTC Spotlight on New Technology Awards, the offshore energy sector's leading innovation honors. Recognizing technologies that advance operational efficiency, sustainability, and performance, the awards spotlight game-changing solutions from OTC exhibitors. Submit your entry and supporting documents by 28 January 2027.
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
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Houston-based independents will combine to form a company with a production total above 500,000 BOE/D and valued at $21 billion. -
The producer’s Lime Rock and Venice discoveries were brought on stream in late December.
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The facility is destined for Shell’s deepwater Gulf of Mexico development.
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Located in the National Petroleum Reserve in Alaska, the Willow project is estimated to produce 180,000 BOPD at its peak.
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Energy storage is essential to a clean electricity grid, but aggressive decarbonization goals require development of long-duration energy storage technologies.
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Companies that can adapt, innovate, and stay ahead of the curve not only survive, but thrive. To achieve this, a fresh approach to innovation is required: one that harnesses the collective wisdom of customer advisory boards and prioritizes a strategy based on customer value.
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Updates about global exploration and production activities and developments.
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An engineered approach to fracture growth in hydraulic fracturing highlights the successful execution of H2S prevention strategies in North Dakota’s Williston Basin.
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This paper describes a revamped methodology for field-development strategy formulation, particularly for marginal hydrocarbon resources, by shifting the mindset toward designing with an aim to value in order to improve project viability.
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This paper adds to ongoing research in hydrogen storage, focusing on efficient extraction of hydrogen to be stored potentially in depleted unconventional formations.
