Asset Management
Conflict‑driven price gains may be offset by higher costs, supply‑chain risks, and a limited appetite for new drilling activity.
The companies' combined technologies enable real-time control of well placement, hydraulics, and rig operations.
CERAWeek panelists see AI as a way to leverage data and people in interpreting data for exploration, but a cultural shift at companies may still be needed.
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Sale 262 will be the first new auction covering leases in US Gulf federal waters in 2 years.
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Equinor and Shell plan to launch the joint venture—initially announced in late 2024—by the end of 2025, pending regulatory approvals.
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North Sea tieback to the Troll C platform could begin production by the end of 2029.
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The LNG specialist also greenlit a debottlenecking project to free up additional volumes at the Corpus Christi site.
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The SPE Reservoir Technical Discipline and Advisory Committee invite their Reservoir members worldwide to participate in a new survey aimed at assessing the current state of reservoir engineering across industry and academia. Deadline is 21 July 2025.
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Gold H2 says it is the first to achieve commercial-scale hydrogen production by introducing microbes to a mature oil reservoir.
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The field, which holds the first production license on the Norwegian Continental Shelf, sent oil to the Jotun FPSO on 23 June.
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Less than 3 months after going onstream, the Barents Sea project, the northernmost production offshore Norway, is producing 220,000 B/D.
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The supermajor follows other oil companies including ExxonMobil, Equinor, and Occidental Petroleum in the hunt to bolster US supplies of lithium.
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The SPE France Section marked a major milestone with its 40th anniversary celebration in March, held at the iconic Musée des Arts et Métiers in Paris. This historic venue—dedicated to centuries of engineering excellence—served as a fitting backdrop for an evening that honored legacy, acknowledged present challenges, and explored the evolving role of oil and gas profes…