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 supermajor follows other oil companies including ExxonMobil, Equinor, and Occidental Petroleum in the hunt to bolster US supplies of lithium.
-
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…
-
While militant attacks halted construction at Mozambique’s onshore megaprojects, Eni began LNG exports using a floating production strategy, which now serves as the foundation for its ongoing development.
-
DNV’s carbon capture and storage outlook forecasts a massive shortfall in the projects necessary to help the world reach net-zero emissions by 2050.
-
The tentative offer has received unanimous support from the board of Australia’s second-largest oil and gas producer.
-
Japan’s largest power generator is focused on sourcing Haynesville natural gas production for Gulf Coast export as LNG.
-
Oil and gas companies drilled 75 “high-impact” wells in 2024, representing 5.2 billion BOE.
-
Buoy-based camera footage, analyzed by artificial intelligence, can help reduce the risk of birds colliding with offshore wind farm turbines.
-
Over a dozen new projects aim to keep US offshore output near 1.8 million B/D through next year.
-
The Dutch marine contractor says it plans to outfit its construction vessels with small modular reactors over 5 years.