Asset Management
Robotic and autonomous systems are transforming energy operations, but their full value emerges only when paired with data science, engineering analytics, and AI/ML to turn data into decisions. The transition of the SPE Robotic & Autonomous Systems Technical Section into the SPE Data Science & Engineering Analytics Technical Section helps bridge this critical technolo…
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
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The acquisition will add water infrastructure in both the Midland Basin of west Texas and the Williston in North Dakota. -
Supermajor reached a final investment decision on a two-well subsea development to be hosted by the Perdido spar platform in the deepwater Gulf of Mexico.
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A dozen new platform supply vessels will be supplied by Bram Offshore and Starnav Serviços Marítimos.
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The environmental impact statement is a required step before another lease sale can be held in the Gulf of Mexico, a move welcomed by the oil and gas industry.
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A new UK-based operating company is set to launch next year with a production profile of nearly 140,000 BOE/D.
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If the find is commercially viable, the company and its partners say a subsea-to-shore development plan could produce first gas as early as 2027.
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The contractor will conduct front-end work related to the subsea portion of the joint Polok/Chinwol development.
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The proposed facility would be used to accelerate innovations in lithium extraction, carbon storage, and geothermal energy in addition to oil and gas technologies.
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This article examines how decommissioning costs impact project viability, showing that operational profitability can mask uneconomic end-of-life obligations, and advocates for ethical diligence in assessing these costs.
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SPE has launched a new community on SPE Connect for 2025 SPE President Olivier Houzé, the first of its kind. This platform offers members a unique opportunity for direct, open discussions with Houzé.
