Asset Management
The technology has passed its first phase of qualification, with 84 nodes placed on the seafloor at a depth of 2,000 m to acquire 4D seismic data in the pre-salt Santos Basin.
Assets consolidated into the Searah JV include Eni-operated deepwater gas-condensate developments in the Kutei Basin, offshore East Kalimantan, Indonesia.
Five agreements target more than 11 Tcf of offshore gas and include flare-reduction technology.
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The acquisition establishes a unified North American upstream analytical data set with the goal of streamlining capital allocation decisions.
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Opening day remarks from President Mohamed Irfaan Ali framed fossil fuels and renewables as parallel systems amid rising demand and structural supply pressures.
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The UAE will prioritize national interests and production flexibility, setting up implications for OPEC’s market power, oil, prices, and global supply dynamics.
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Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil & Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
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Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
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The following three papers show challenges and potential solutions across various stages of the deepwater well-development cycle from a variety of deepwater basins across the world.
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The authors describe a study on key technologies for intelligent risk monitoring of workover operations.
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The authors write that by replacing outdated, labor-intensive processes with an integrated, cloud-based platform, companies can streamline planning, improve accuracy, and foster better coordination across teams and vendors.
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The authors write that deployment of artificial-intelligence-based high-gas/oil ratio well-control technology enabled stabilization of well performance and maintenance of optimal production conditions.
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This paper presents the first global application of autonomous drilling in deepwater and the journey to reach optimal drilling parameters, integrating proprietary tools from the project’s business partners.