Asset Management
Corporate consolidation and foreign buyers helped drive $38 billion in upstream deals in the first quarter of 2026.
The Career Advancement Network held its Energy Professionals Hiring Event at SPE’s 2026 Offshore Technology Conference, allowing participants to connect with employers, explore opportunities, and seek information about job opportunities in a rapidly evolving industry.
The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.
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Nearly 90% of investment since 2019 has gone to replacing lost production, with $570 billion in spending projected for 2025.
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Months of due diligence and evaluation following proposed $18.7 billion deal results in no deal to purchase Australian operator.
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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.