Asset Management
The ASEAN Council of Petroleum and Energy and SPE have taken a step toward deeper regional collaboration, formalizing a Memorandum of Cooperation at OTC Asia 2026. The agreement signals a shared commitment to advancing energy security, sustainability, and technical excellence across ASEAN through expanded knowledge exchange and workforce development.
The transaction creates a new company, NEO NEXT+, which is now the largest independent producer on the UK Continental Shelf.
Conflict‑driven price gains may be offset by higher costs, supply‑chain risks, and a limited appetite for new drilling activity.
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The shallow-water subsea tieback to the Jupiter platform is expected to produce about 250 MMcf/D of gas at peak. -
Ginger is among the 10 upstream projects that BP plans to bring on-stream by 2027 after resetting its strategy to raise oil and gas investments to $10 billion per year.
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The company credited its theory of shale oil enrichment for the significant increase in the quantity of proven reserves at the field.
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TechnipFMC, in collaboration with Halliburton, was awarded the 2025 ICoTA Intervention Technology Award and received the 2025 Curtis Blount Outstanding Paper Award.
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A 25% tariff on steel imported into the US has some US oil and gas companies nervous about future spending plans.
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Amia Morgan, SPE, highlights this event designed to bring together students, young professionals, and seasoned industry experts to foster mentorship, inspire the next generation of STEM leaders, and promote inclusivity.
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Launch of development drilling marks a new milestone as Romania aspires to become EU’s largest gas producer.
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In this study, a deep-neural-network-based workflow with enhanced efficiency and scalability is developed for solving complex history-matching problems.
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Updates about global exploration and production activities and developments.
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This paper describes an intelligent completion system in the context of multiple wells that, by electrifying the process, replaces the conventional electrohydraulic systems that have been in use for decades.
