Asset Management
New agreements for exploration and production in Africa include activity in the Orange Basin offshore Namibia, offshore Angola, Senegal, and Côte d’Ivoire. In the Gulf of Mexico, a memorandum of understanding for deepwater evaluation was signed between Woodside Energy and PEMEX and Viridien initiated its Walker Ridge Reimaging Extension. TotalEnergies provided a targe…
A shared digital mindset across subsurface, subsea, and drilling and wells is accelerating well planning at Vår Energi.
This study explores the carbon-capture and mineralization potential of ultramafic rock powders when exposed to flue gases generated from combustion of crude oil and mesquite-derived charcoal.
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Updates about global exploration and production activities and developments. -
Only about one-third of Africa’s discovered hydrocarbon resources have reached commercialization.
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The authors of this paper apply a deep-learning model for multivariate forecasting of oil production and carbon-dioxide-sequestration efficiency across a range of water-alternating-gas scenarios using field data from six legacy carbon-dioxide enhanced-oil-recovery projects.
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Experience in subsurface production and lift design is shaping a new generation of geothermal operations built for reliability and scalability.
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A presidential decree extends ExxonMobil’s chance to possibly recoup part of the $4.6 billion loss it suffered after exiting its flagship Russian asset in spring 2022.
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The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.
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The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anticorruption efforts for the 2025 Licensing Round, which began on 1 December.
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The latest corporate plan drops the amount the company says it will invest in low-carbon efforts by $10 billion from last year’s plan.
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KTH researchers unveil a nickel/iron catalyst that speeds up water splitting, boosting efficient, sustainable hydrogen production.
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Vår Energi and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
