Asset Management
Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
The sale for $1.8 billion of Solenergi Power, the holding company for Sprng, which develops and operates solar and wind projects across India, follows other realignment actions by the supermajor.
-
The project is the most northern field offshore Norway to begin production.
-
Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
-
The shallow-water subsea tieback to the Jupiter platform is expected to produce about 250 MMcf/D of gas at peak.
-
Ginger is among the 10 upstream projects that BP plans to bring on-stream by 2027 after resetting its strategy to raise oil and gas investments to $10 billion per year.
-
The company credited its theory of shale oil enrichment for the significant increase in the quantity of proven reserves at the field.
-
TechnipFMC, in collaboration with Halliburton, was awarded the 2025 ICoTA Intervention Technology Award and received the 2025 Curtis Blount Outstanding Paper Award.
-
A 25% tariff on steel imported into the US has some US oil and gas companies nervous about future spending plans.
-
Amia Morgan, SPE, highlights this event designed to bring together students, young professionals, and seasoned industry experts to foster mentorship, inspire the next generation of STEM leaders, and promote inclusivity.
-
Launch of development drilling marks a new milestone as Romania aspires to become EU’s largest gas producer.
-
This paper describes an intelligent completion system in the context of multiple wells that, by electrifying the process, replaces the conventional electrohydraulic systems that have been in use for decades.