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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The set of new-generation FPSOs will be delivered in 2029 equipped with technologies that can cut greenhouse emissions by 30% given the unit’s all-electric configuration.
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The first wells from the current North Sea development project are expected online in 2026.
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Years in the making, the program sponsored by the US Department of Energy is celebrating its latest geothermal energy breakthrough in southwestern Utah.
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Chiyoda, CB&I discussing how to complete the expansion project, which is expected online this year.
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TotalEnergies announced on 21 May the final investment decision for the deepwater Kaminho project offshore Angola, aiming for first oil by 2028.
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A new report finds the need for political, regulatory, and fiscal alignment to ensure a just and fair transition.
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The latest successful drilling campaign brings Suriname’s discovered resources to over 2.4 billion bbl of oil, according to Wood Mackenzie.
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This paper presents efforts and details of a pilot trial that was planned and executed to demonstrate the concept of repurposing existing wells into electricity generators instead of abandoning them.
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Projects across the globe are exploring the power of offshore wind in an effort to reach net zero.
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The world's largest oil and gas company has selected French firm Pasqal to provide it with a 200-qubit quantum computer.