Management
A new Eni-Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
        
        
    
    The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
        
        
        
        
    BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
        
        
        
        
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                    A new UK-based operating company is set to launch next year with a production profile of nearly 140,000 BOE/D.
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                    If the find is commercially viable, the company and its partners say a subsea-to-shore development plan could produce first gas as early as 2027.
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                    The contractor will conduct front-end work related to the subsea portion of the joint Polok/Chinwol development.
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                    The proposed facility would be used to accelerate innovations in lithium extraction, carbon storage, and geothermal energy in addition to oil and gas technologies.
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                    This article examines how decommissioning costs impact project viability, showing that operational profitability can mask uneconomic end-of-life obligations, and advocates for ethical diligence in assessing these costs.
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                    SPE has launched a new community on SPE Connect for 2025 SPE President Olivier Houzé, the first of its kind. This platform offers members a unique opportunity for direct, open discussions with Houzé.
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                    Sharing state-of-the-art design and troubleshooting methods, the workshop identified future separation needs and gap statements and proposed how to close the gaps.
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                    This year has been both inspiring and exhilarating in the production and facilities domain, highlighted by a record 269 abstracts. This plethora of ideas fosters industry knowledge and promotes the exchange of innovative solutions driven by engineering advancements and data analytics.
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                    Hot rock is found worldwide, but the methods used to generate energy from it vary.
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                    This paper analyzes a 2021 merger to understand the distinct advantages gained from applying a probabilistic approach to the financial analysis of mergers, acquisitions, and divestitures.