Asset Management
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.
Shell is continuing to reshape its portfolio with the sale, which includes its interest in the BP-operated Na Kika platform and the Coulomb tieback.
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After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry. -
While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
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The Houston-based enhanced geothermal developer scored $1.9 billion in an initial public offering, positioning it to expand projects in Utah and Nevada.
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Working with Dell Technologies and NVIDIA, the French supermajor is targeting improved seismic processing and artificial intelligence applications.
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Equinor generated its first revenue from the Adura joint venture with Shell, formed in late 2025, highlighting strong early cash flow from key UK fields including Mariner and Buzzard.
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Acting director of the new center Ale Hakala outlines the research priorities guiding the newly established center’s focus on production enhancement technologies.
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AI‑driven data center growth is straining US power grids and accelerating interest in enhanced geothermal systems as a scalable, low‑carbon solution.
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The acquisition establishes a unified North American upstream analytical data set with the goal of streamlining capital allocation decisions.
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Opening day remarks from President Mohamed Irfaan Ali framed fossil fuels and renewables as parallel systems amid rising demand and structural supply pressures.
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The UAE will prioritize national interests and production flexibility, setting up implications for OPEC’s market power, oil, prices, and global supply dynamics.
