Asset Management
EY reports an 11% decline in reserve additions and the first sub-100% reserve replacement ratio since 2021, even as crude output climbed.
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
By acquiring 100% of Ventura’s outstanding shares, SED Energy Holdings would scale its business into a combined $1 billion company backed by a $1.3 billion contract backlog focused on deepwater drilling, shallow-water tender rigs, and seismic acquisition.
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The service giant shares how its new technology can sense rock properties 50 ft ahead of the bit in horizontal wells. -
This paper aims to describe the role of liquefied natural gas as a transitional energy source for automobile transportation in Nigeria.
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This study concludes that it is relatively easy to generate enhanced hydrogen in the laboratory during injection of high-pH aqueous solution through a pack of olivine sand.
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Updates about global exploration and production activities and developments.
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As carbon capture scales up worldwide, the real challenge lies deep underground—where smart reservoir management determines whether CO₂ stays put for good.
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As US shale potentially stares at a production plateau, operators and service providers are turning to smarter tools to extend the life of aging plays.
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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.
