Asset Management
The technology has passed its first phase of qualification, with 84 nodes placed on the seafloor at a depth of 2,000 m to acquire 4D seismic data in the pre-salt Santos Basin.
Assets consolidated into the Searah JV include Eni-operated deepwater gas-condensate developments in the Kutei Basin, offshore East Kalimantan, Indonesia.
Five agreements target more than 11 Tcf of offshore gas and include flare-reduction technology.
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EIA says rising inventories in China have offset downward pressure from growing global supply.
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TotalEnergies and the Danish Underground Consortium complete a 7-year effort to redevelop the Tyra field, lowering emissions and extending field life.
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Mozambique is poised to become Africa’s third-largest exporter of liquefied natural gas when Coral Norte comes onstream in 2028.
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Australia’s H2Perth blue and green hybrid hydrogen project is expected to benefit from carbon credits from the offshore Bonaparte carbon storage facility where Inpex and TotalEnergies are drilling appraisal wells together with Woodside.
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SPE began an exciting new chapter in its publishing program by consolidating three specialty publications—HSE Now, Data Science and Digital Engineering, and Oil and Gas Facilities—into JPT.
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The company announced that its geothermal system operated for more than 3,000 hours, which it said validates the technology’s commercial potential.
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The transaction supports Occidental Petroleum's operations in the Permian Basin and its enhanced oil recovery program.
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Updates about global exploration and production activities and developments.
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The technology to desalinate and reuse produced water for cooling AI data centers in the Permian Basin exists, but addressing cost challenges remains critical to widespread adoption.
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Industry observers warn that the future of the UK North Sea hinges less on geology than on whether fiscal stability can be restored.