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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Production from the field northwest of the Shetland Islands is expected to start in 2026 or 2027. -
The oil and gas industry-backed geothermal firm plans to drill up to 29 wells in southwestern Utah that will deliver electricity to the state's grid by 2026.
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The development scheme for BM-C-33 includes an FPSO capable of processing gas and condensate without further onshore processing.
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The contractor will transport and install pipeline related to the Wahoo development in the Campos Basin.
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Wind power keeps rising across the globe, while new solar plant developments light up Louisiana and Texas.
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Louisiana-based Commonwealth LNG project takes another step closer to FID with EQT HOA.
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Machine learning has been shown to have a promising role in oil and gas explorations in recent years. Among the applications, determining a proper location for injection and production wells along with their optimal operating conditions is a complex problem.
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The Oklahoma independent agreed to acquire the assets of three private companies in its quest to scale up in the Permian's Delaware Basin.
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Consortiums led by ExxonMobil, TotalEnergies lead the charge into the blocks offered in the oft-delayed offshore parcel auction.
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Suriname's wait to become a significant oil producer may be nearing an end as the French supermajor begins early development studies.
