Management
Vår Energi ASA and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
The Federal Reserve Bank of Dallas’ fourth-quarter energy survey shows that oil prices and geopolitical uncertainty are curbing enthusiasm heading into the new year.
The transition follows a broader effort within BP to reorganize management and direct more capital to oil and gas projects.
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The DOE-sponsored program brings together more than 100 entities from the geothermal and oil and gas sectors to build the future of cross-industry collaboration.
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The updated plan seeks to avert termination of the PSA by raising total investment and constructing a floating production unit at Aphrodite plus an export pipeline to Egypt.
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Awards related to the 2024 APA round are expected to be announced in early 2025.
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SPE is excited to livestream these thought-provoking and informative Tech Talks from the SPE Energy Stream studio at the SPE Annual Technology Conference and Exhibition, 23–25 September, in New Orleans.
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SponsoredDiscover how TAQA’s sustainable products are transforming cementing operations, reducing environmental impact, and enhancing performance.
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Subsea tieback in the Central North Sea expected to produce 20,000 BOED at peak, boosting output to Alvheim FPSO.
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The energy industry faces a shortage of skilled professionals, and high salaries aren’t enough to attract new talent. We need to show how careers in this field offer meaning and stability, with transferable skills across energy sectors.
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Fervo Energy proved fracturing can harvest geothermal energy and is now rapidly learning to build a utility-scale power plant.
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Updates about global exploration and production activities and developments.
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Since the late 1930s, the offshore industry has advanced from the first platform in 14 ft of water to the ultradeepwater 20K era. Driven by seismic, drilling, and development breakthroughs, the industry has pushed into deeper waters, high-pressure reservoirs, and new frontiers like Guyana, continually expanding the limits of offshore exploration.