Asset Management
ExxonMobil and its Area 4 partners have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment supporting Mozambique's Rovuma LNG project. The awards, led by OneSubsea, mark a key step toward FID as development advances on ExxonMobil's largest global investment.
GranTierra will refocus its investment strategy to strengthen its portfolio in Canada and Azerbaijan while Maurel&Prom, majority owned by Pertamina’s international upstream arm, grows its South American footprint in Colombia and Ecuador.
This contributed article highlights the growing importance of fiber-optic sensing and its potential to advance thanks to emerging quantum technologies.
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Malampaya East discovery is estimated to hold 98 Bcf of gas and may help offset declines at the country’s only producing gas field. -
The Career Advancement Network held its 16th semiannual Energy Professionals Hiring Event at SPE’s 2025 Annual Technical Conference and Exhibition, allowing participants to connect with employers, explore opportunities, and seek information about job opportunities in a rapidly evolving industry.
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The report says the capacity of renewables in the region is set to grow tenfold by 2040 as electricity demand and new sectors drive rapid solar and wind expansion.
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The acquisition adds 2.1 Bcf/D of production and pipeline infrastructure in Texas and Louisiana.
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For more than a century, LSU has shaped petroleum engineering education, but few assets showcase its impact like the PERTT Lab. With six deep test wells and rare reservoir-depth gas-injection capabilities, the facility is helping drive breakthroughs in well control, carbon-dioxide injection, and next-generation energy technologies.
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Woodside’s $12-billion gas project offshore Western Australia is expected to produce up to 8 mtpa once it’s complete.
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Equinor, Aker BP, DNO Norge, and Vår Energi received the most licensing offers in APA 2025.
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SPE President Jennifer Miskimins lent her expertise to Science Friday’s conversation about Venezuelan oil, explaining the reality of what it would take to extract and refine it.
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US oil executives say large-scale investment in Venezuela will depend on governance reforms and sustainable legal protections.
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The agreement requires the partners to conduct their own proprietary 3D survey of Block 8 in hope of zeroing in on the sweet spot that eluded the TotalEnergies-led consortium when it drilled a dry hole in an adjacent block in 2023.
