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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This paper discusses how a traditional stochastic approach in project economics used for screening and ranking can sometimes limit management visibility of all possible outcomes in a project.
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Updates about global exploration and production activities and developments.
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This paper discusses how multiple reliable technologies may be used in concert to establish reasonable certainty for reserves estimates through the flexibility provided by the Petroleum Resources Management System.
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This study compares, in a carbon capture and storage (CCS) context, the economics of a traditional business model vs. an alternative business model (a regional CCS hub separately managed by a special-purpose vehicle).
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It seems that it has been a very productive period for production and facilities. I reviewed a significant number of abstracts on such an interesting variety of topics—new technology developments down- and midstream, improvements in corrosion detection and prediction, new systems for emulsion monitoring, and even downhole drones.
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A case study presented at ATCE took medical science to a new low—into the depths of the Permian Basin for application to downhole reservoir drainage diagnostics.
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A survey of SPE members associated with a university, or their job/role to be faculty, collected information about the effect of the energy transition on recruiting students, strategic directions in academic programs, and maintaining a relevant curriculum for future careers.
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More Students Going Into Petroleum Engineering Programs as Research Work Tilts to Alternative EnergyMore freshmen are enrolling in petroleum engineering, drawn by strong demand for graduates.
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One is on Earth, and one is not. But the knowledge transfer between the oil patch and off-world has fueled meaningful technological advances for all involved.
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A surge in permit applications for long-term carbon storage sites reflects where industrially produced carbon dioxide can be harvested, and where the necessary pipelines are.