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 Southern North Sea find could be one of the largest in the area in a decade. -
The Dutch Government will no longer issue drilling permits for new onshore oil and gas wells.
-
The Uaru development is expected to pump 250,000 barrels of oil at peak.
-
The trend in falling petroleum engineering graduation rates is good for job seekers.
-
New gas discovery is the first made on the Norwegian continental shelf this year
-
Uganda’s Lake Albert appears on track to first oil by 2025. The oil is expected to be exported via the 1443-km East Africa Crude Oil Pipeline.
-
Select Water Solutions will focus on water management and added assets in the Permian Basin.
-
Record prices and the need for energy security are driving US LNG market momentum.
-
The proposed sale notice consists of more than 300,000 acres in three designated areas offshore Louisiana and Texas.
-
The company has tapped Bechtel to complete the front-end engineering and design study of the expansion, which would add 20 mtpa of LNG production capacity.
