Asset Management
After a record year for LNG project approvals in 2025, multiyear repairs to war-damaged liquefaction facilities in Qatar and the UAE threaten to slow the growth of global LNG capacity.
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
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The company believes its booking represents the industry's first to be made under SPE's CO2 Storage Resource Management System. -
The government is offering up to $20 million to test applications that will shorten the time it takes to drill geothermal wells.
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For the foreseeable future, going beyond the barrel will really mean maximizing returns from the barrel, including the identification and harnessing of potential gains from capital planning, asset management, and operations.
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The French operator withdraws from flagship deepwater project.
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The industry group called the decision by the court “misguided” and said it will result in significant uncertainty for Gulf of Mexico producers
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The “merger of capabilities” is designed to accelerate growth in the region.
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Highlights of what the US oil and gas chief said to SPE members at the recent Hydraulic Fracturing Technology Conference.
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Two cruises were completed for DenAr Ocean Engineering for the TPAO Sakarya gasfield pipeline route investigation and site survey project.
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The Lake Albert project includes the development of oil fields, processing facilities, and an electrically heated pipeline network.
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The alliance ratified another modest daily production increase of 400,000 barrels.
