Asset Management
The top three bidders in the latest lease sale by the US federal government paid a combined $3.9 billion.
US Energy Information Administration data sees the country’s energy production jump 3.4% over 2024 levels. Additionally, the EIA predicts industrial natural gas consumption to hit records in 2026 and 2027.
This article from the SPE Hydrogen Technical Section (H2TS) analyzes career opportunities and the capabilities professionals will need as the hydrogen sector continues to take shape.
-
The new wells at Zohr are key to a plan to return Egypt’s gas production back to “pre-crisis” levels by June 2025. -
At peak, 100,000 BOE/D is expected to flow to the Whale production semisumbersible, which largely replicates the Vito semi.
-
Operators remain cautiously optimistic in 2025, despite regulatory uncertainties.
-
The Libyan National Oil Company plans to tender 22 onshore/offshore exploration blocks in 2025 as it works to rebuild credibility with foreign oil producers.
-
The acquisition, expected to close in early 2025, will bring Optime Subsea’s umbilical-less technology into Halliburton’s Testing and Subsea division.
-
Operator TotalEnergies and rig owner Vantage Drilling form joint venture to purchase the Tungsten Explorer.
-
As Southeast Asia’s third-largest gas producer, PTTEP is investing in its energy security by prioritizing gas production and building up a global LNG supply chain.
-
SponsoredWhile WACC is frequently used as the base discount rate for corporate-level decision-making, using it as a universal discount rate for projects can result in inaccurate project valuations. Incorporating the opportunity cost of capital provides a more nuanced and accurate approach to project evaluation.
-
The first two wells at Brava Energia’s Atlanta field are producing, with four more to be connected this year.
-
Updates about global exploration and production activities and developments.
