Asset Management
The transaction creates a new company, NEO NEXT+, which is now the largest independent producer on the UK Continental Shelf.
Conflict‑driven price gains may be offset by higher costs, supply‑chain risks, and a limited appetite for new drilling activity.
The companies' combined technologies enable real-time control of well placement, hydraulics, and rig operations.
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Supermajor reached a final investment decision on a two-well subsea development to be hosted by the Perdido spar platform in the deepwater Gulf of Mexico. -
A dozen new platform supply vessels will be supplied by Bram Offshore and Starnav Serviços Marítimos.
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The environmental impact statement is a required step before another lease sale can be held in the Gulf of Mexico, a move welcomed by the oil and gas industry.
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A new UK-based operating company is set to launch next year with a production profile of nearly 140,000 BOE/D.
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If the find is commercially viable, the company and its partners say a subsea-to-shore development plan could produce first gas as early as 2027.
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The contractor will conduct front-end work related to the subsea portion of the joint Polok/Chinwol development.
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The proposed facility would be used to accelerate innovations in lithium extraction, carbon storage, and geothermal energy in addition to oil and gas technologies.
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This article examines how decommissioning costs impact project viability, showing that operational profitability can mask uneconomic end-of-life obligations, and advocates for ethical diligence in assessing these costs.
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SPE has launched a new community on SPE Connect for 2025 SPE President Olivier Houzé, the first of its kind. This platform offers members a unique opportunity for direct, open discussions with Houzé.
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Sharing state-of-the-art design and troubleshooting methods, the workshop identified future separation needs and gap statements and proposed how to close the gaps.
