Asset Management
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
Saipem has launched offshore operations in Suriname, while Repsol is expanding exploration efforts in Venezuela and partnering with MOL Group and TPAO in the Mediterranean. Petronas, Shell, and Murphy Oil reported new discoveries in Suriname, Namibia, and Côte d’Ivoire, respectively, as Occidental acquired a stake offshore Trinidad and Tobago and BP began gas producti…
Output is rising fast in the South American shale play and putting Argentina on a course to soon reach 1 million B/D.
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Shell CEO Wael Sawan said Nigeria’s improving investment climate is boosting its appeal for long-term oil and gas investment. -
An earlier deal to double Israel’s gas exports to Egypt led to approval of Leviathan’s Phase 1B expansion by guaranteeing long-term cash flow to finance the project.
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Marking a major milestone as the Gulf of Mexico’s second 20,000-psi deepwater development, the project underscores how advanced high-pressure technology, management of flow challenges, and the floating production system’s role as a regional hub are helping open the door to more Inboard Wilcox development.
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The company's CEO says Europe’s third-largest oil field is entering a natural decline phase.
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Major increases in hydrocarbon production require both incremental and revolutionary technologies, industry leaders said during the SPE Hydraulic Fracturing Technology Conference.
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From credit markets to grid constraints, the forces shaping energy today go far beyond price. Inside the inaugural E3S symposium, industry leaders, policymakers, economists, and students explored how technology, financing, permitting, and supply chain resilience are redefining what it takes to power the energy future.
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The supermajors are seeking new US licenses to develop cross-border natural gas fields.
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The country’s state oil company has signed agreements with SLB and TotalEnergies to work on production.
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Enverus projects 2026 activity aimed at gaining access to gas along the Gulf coast and disaggregation of assets.
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Rystad Energy expects the continent to account for the largest share of frontier and basin-opening wells in 2026 as operators pursue scale and untapped resources.
