Asset Management
Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil&Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
The following three papers show challenges and potential solutions across various stages of the deepwater well-development cycle from a variety of deepwater basins across the world.
-
The collection of undeveloped blocks includes 59 located in Nigeria's deep water. -
Azule’s new FPSO is the first in the world to feature a pilot carbon capture and storage unit that sequesters CO₂ from onboard gas-turbine exhaust.
-
The deal follows Blackstone’s recent moves in gas-fired power and a pipeline venture with top US gas producer.
-
Shale’s slowdown leaves room for OPEC+ gains as tensions rise between the US and India over Russian oil imports.
-
This month’s column recaps the top five objectives for the 2025 SPE President and introduces a new discussion on the future of the SPE name.
-
The number of high-impact wells drilled across the globe this year are expected to be on trend with the most recent 5-year average.
-
BP called the Bumerangue discovery in the Santos Basin the company’s largest find in 25 years, and announced it had begun production from its tieback project at Argos ahead of schedule.
-
This paper reviews best practices and learnings from floating-production-unit transportation and installation, hookup, and commissioning and discusses subsea flowlines, export pipelines, and subsea-equipment installations.
-
Updates about global exploration and production activities and developments.
-
This paper addresses how close collaboration has enabled the development of a robust and cost-efficient solution for the Ormen Lange project by using carefully selected technology elements and an accelerated qualification process to mature them.
