Asset Management
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.
Gran Tierra 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.
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As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal. -
Tight oil and gas producers in the US are pulling back faster than expected as oil prices stagnate and produced water management constraints grow.
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Electricity produced onshore powers oil production at Johan Sverdrup holding CO₂ emissions at only 5% of the global average.
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As carbon capture scales up worldwide, the real challenge lies deep underground—where smart reservoir management determines whether CO₂ stays put for good.
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This paper aims to describe the role of liquefied natural gas as a transitional energy source for automobile transportation in Nigeria.
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This study concludes that it is relatively easy to generate enhanced hydrogen in the laboratory during injection of high-pH aqueous solution through a pack of olivine sand.
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Updates about global exploration and production activities and developments.
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As US shale potentially stares at a production plateau, operators and service providers are turning to smarter tools to extend the life of aging plays.
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This article presents a results-driven case study from an ongoing collaboration between a midstream oil and gas company and Neuralix Inc.
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This article is the third in a Q&A series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this piece, Zikri Bayraktar, a senior machine learning engineer with SLB’s Software Technology and Innovation Center, discusses the expanding use of artificial intelligence in the upstream sector.
