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.
-
The strategic agreement puts the partners’ joint activities on a more certain path to connecting the first fusion power plant based on magnetic confinement to the electrical grid by early 2030. -
The Gas Growth Integrated Project will capture and supply flare gas to generate electricity and treat seawater to manage pressure in oil wells in Iraq’s Basra region.
-
The Kremlin’s agreement to settle payment enables the equity transfer to be finalized.
-
After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
-
The Denver-based company bulks up its Permian position with the purchase of three EnCap Investment portfolio companies.
-
The contractor will execute the work scope jointly with Canadian subcontractor Hatch.
-
The nation set to offer 14 offshore blocks in April.
-
The operator adds equity interests in five discoveries in the region.
-
Initial production rates have exceeded 10,000 B/D of oil.
-
Production-sharing contracts sold were in the Baram Delta region.
