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.
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SponsoredThis article explores the intricacies of this age-old problem, outlining the causes, consequences, and costs of gas locking, as well as highlighting a novel approach to mitigation that has recently been validated by computational fluid dynamics research. -
FPSO to be connected to high-pressure subsea separation technology pilot project.
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Kongsberg Digital and other industry leaders see the arrival of artificial intelligence (AI) as a catalyst for major change in the office and in the field.
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With finite oil reserves, infinite innovation will allow the Permian to endure.
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Following 2 years of setbacks, the deal to shift the US supermajor’s assets to a local operator has finally closed.
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Driller expects $370 million, all-stock transaction to close in early 2025.
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Petrobras said the unit serving the pre-salt field is designed to reduce up to 24% of emissions.
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The third quarter marked the first reporting period that two publicly traded US oil and gas companies did not combine since 2022.
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DNV’s Energy Transition Outlook 2024 projects continued growth in solar; slower growth in wind; and declines in coal, oil, and gas, while hydrogen and carbon capture projects are struggling.
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We’re thrilled to announce the launch of the 2025 SPE/JPT Drilling and Hydraulic Fracturing Technology Review. This exclusive, official publication will be distributed at three major SPE industry events.
