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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SponsoredTesting new drilling technology in a controlled and monitored environment before it is launched to its full extent in the field—that is what the Rijswijk Center for Sustainable Geo-energy is all about.
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SponsoredThis article explores the intricacies of this age-old problem, outlining the causes, consequences, and costs of gas locking, as well as highlighting a novel approach to mitigation that has recently been validated by computational fluid dynamics research.
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FPSO to be connected to high-pressure subsea separation technology pilot project.
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Kongsberg Digital and other industry leaders see the arrival of artificial intelligence (AI) as a catalyst for major change in the office and in the field.
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With finite oil reserves, infinite innovation will allow the Permian to endure.
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Following 2 years of setbacks, the deal to shift the US supermajor’s assets to a local operator has finally closed.
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Driller expects $370 million, all-stock transaction to close in early 2025.
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Petrobras said the unit serving the pre-salt field is designed to reduce up to 24% of emissions.
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The third quarter marked the first reporting period that two publicly traded US oil and gas companies did not combine since 2022.
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DNV’s Energy Transition Outlook 2024 projects continued growth in solar; slower growth in wind; and declines in coal, oil, and gas, while hydrogen and carbon capture projects are struggling.