Asset Management
Applications are now open for the OTC Spotlight on New Technology Awards, the offshore energy sector's leading innovation honors. Recognizing technologies that advance operational efficiency, sustainability, and performance, the awards spotlight game-changing solutions from OTC exhibitors. Submit your entry and supporting documents by 28 January 2027.
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
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.
-
The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak. -
The companies said they plan to work together on developing geopressured geothermal systems for low-carbon energy storage and geothermal power generation.
-
Industry leaders champion collaborative solutions as essential for overcoming fracturing limitations.
-
Analysts at Enverus Intelligence Research and Rystad Energy report that US shale consolidation has largely run its course.
-
A Shell partnership with YPF marks a significant milestone for the Argentina LNG export facility, raising new questions about the nation’s potential to unlock the economic power of its vast shale reserves.
-
Updates about global exploration and production activities and developments.
-
Global offshore decommissioning projects hear the starting gun in Australia and the North Sea, but will the race be a marathon or a sprint?
-
From optimizing drilling performance to enhancing worker safety, computer vision can change how the industry works.
-
The energy world is rapidly changing. The pressure to address climate change, ensure reliable energy supplies, and manage costs is greater than ever.
-
Greenhouse gases are woven into every stage of a well’s life, which presents challenges that demand creative solutions that do not require too much capital.
