Asset Management
The Houston-based enhanced geothermal developer scored $1.9 billion in an initial public offering, positioning it to expand projects in Utah and Nevada.
Working with Dell Technologies and NVIDIA, the French supermajor is targeting improved seismic processing and artificial intelligence applications.
Equinor generated its first revenue from the Adura joint venture with Shell, formed in late 2025, highlighting strong early cash flow from key UK fields including Mariner and Buzzard.
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Supermajor BP awards contract to same specialists who commissioned its Argos platform.
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Train 4 is expected to add 6 million tonnes per year of capacity to the South Texas liquefied natural gas project when it goes online in 2030.
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The deal between the Republic of the Congo and the Chinese oil and gas company aims to develop the Banga Kayo, Holmoni, and Cayo blocks and raise national oil output to 200,000 B/D by 2030.
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The companies said they plan to start deploying digital twin technologies in Oman this year.
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A total of 20 companies submitted applications for new exploration blocks offshore Norway.
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Egypt’s newest round of drilling agreements advances its quest to boost investment in mature fields to stop the freefall in gas production.
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The oilfield service company will supply power plants capable of electrifying 180,000 US homes with geothermal energy.
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The SPE Management Technical Section has been officially renamed the Asset Management Technical Section. The new name better reflects the section’s focus on asset management as a core discipline in the upstream oil and gas industry.
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The Human Resource Development Corporation and Society of Petroleum Engineers Asia Pacific signed a memorandum of understanding to support the development of a future-ready energy workforce and strengthen Malaysia’s position as a regional hub for technical expertise and innovation.
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This article is the fourth in a Q&A series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this piece, David Reid, the CTO and CMO for NOV, discusses the evolution and current state of automated drilling systems.