Asset Management
The Seismos full-scale research center opens to industry, universities, and national laboratories, advancing acoustic sensing across upstream energy, pipelines, critical infrastructure, and national security.
The Society’s archive of technical papers, maps, figures, and geological data sets will be integrated into the GIX platform, enabling geoscientists to query AI agents about exploration opportunities within specific geographic regions while combining historical research with public data, proprietary information, and advanced analytics.
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
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Brazil’s Petrobras has found oil in an exploratory well located in the Sudoeste de Tartaruga Verde block, in the Campos Basin. -
No gas or commercial reservoirs have been found in the first-ever exploration well off Lebanon’s coast, according to Energy Minister Raymond Ghajar and the Total exploration firm.
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Pre-COVID-19 forecasts were blown out of the water and nearly made moot quickly in the first quarter of this year. Attempts to form long-term forecasts are stymied by uncertainties until some degree of stabilization returns to the oil and gas industry.
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Now more than ever, safely managing the role of digitalization and the demand for decarbonization while efficiently balancing the books will be critical for companies to survive and thrive.
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India may be the second country to lease space in the US SPR. Capacity at the SPR has been building for the past 5 weeks.
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A new report from the IEA forecasts the global oil and gas industry will suffer a $1-trillion loss in revenue as a global pandemic saps demand and crushes prices. It might also set the stage for a price swing in the next few years.
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PETRONAS, Universiti Teknologi PETRONAS (UTP), and the Society of Petroleum Engineers (SPE) recently collaborated on how best to leverage the collective strengths, expertise, knowledge of the industry, academia. and professional association.
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Delays and disruptions have stymied project plans in the past few months. How will companies prevent current stresses from morphing into catastrophic issues?
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Schlumberger plans to restructure by focusing on basins and divisions in line with customers’ E&P workflows.
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Gasoline and diesel demand are set to increase YoY beginning in Q3 2020.
