Asset Management
ExxonMobil and its Area 4 partners have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment supporting Mozambique's Rovuma LNG project. The awards, led by OneSubsea, mark a key step toward FID as development advances on ExxonMobil's largest global investment.
GranTierra will refocus its investment strategy to strengthen its portfolio in Canada and Azerbaijan while Maurel&Prom, majority owned by Pertamina’s international upstream arm, grows its South American footprint in Colombia and Ecuador.
This contributed article highlights the growing importance of fiber-optic sensing and its potential to advance thanks to emerging quantum technologies.
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The Spotlight on New Technology Awards recognize breakthrough innovations that demonstrate significant technical advancement and potential impact across the offshore energy value chain. The awards will be presented during OTC Asia, 31 March–2 April, in Kuala Lumpur, Malaysia. -
This paper provides an account of the design, implementation, and operational insights from an enhanced geothermal system proppant stimulation targeting a volcanic, dry rock setting with an approximately 330°C bottomhole temperature.
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Oman is embarking on a renewed effort to deploy the latest hydraulic fracturing technologies and techniques, tailored to its unique reservoirs and challenges.
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This study evaluates the feasibility of drilling a closed-loop, unconventional geothermal system in the Pannonian Basin basement of Romania.
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Geothermal development is gaining steam and entering a transformative era, driven by breakthroughs in adapting and improving on engineering, drilling, completion, and production technologies to the efficient extraction of heat from the Earth.
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This paper describes modeling work performed to design fracturing treatment and spacing for wells in the Project Cape enhanced geothermal system in Utah.
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From its origins running just a few light bulbs in Tuscany in 1904 to supporting baseloads on national power grids today, geothermal power generation has been driven by technological advancements. Many of these advancements stem from oil and gas exploration and production efforts.
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Reaching further than dashboards and data lakes, the agentic oil field envisions artificial intelligence systems that reason, act, and optimize.
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This paper reviews the simultaneous supercritical CO2/brine aquifer injection and water-alternating-gas methods for geologic carbon sequestration and proposes a novel integration with saltwater-disposal wells.
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Updates about global exploration and production activities and developments.
