Asset Management
The ASEAN Council of Petroleum and Energy and SPE have taken a step toward deeper regional collaboration, formalizing a Memorandum of Cooperation at OTC Asia 2026. The agreement signals a shared commitment to advancing energy security, sustainability, and technical excellence across ASEAN through expanded knowledge exchange and workforce development.
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.
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Kongsberg Digital and other industry leaders see the arrival of artificial intelligence (AI) as a catalyst for major change in the office and in the field.
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With finite oil reserves, infinite innovation will allow the Permian to endure.
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Following 2 years of setbacks, the deal to shift the US supermajor’s assets to a local operator has finally closed.
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Driller expects $370 million, all-stock transaction to close in early 2025.
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Petrobras said the unit serving the pre-salt field is designed to reduce up to 24% of emissions.
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The third quarter marked the first reporting period that two publicly traded US oil and gas companies did not combine since 2022.
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DNV’s Energy Transition Outlook 2024 projects continued growth in solar; slower growth in wind; and declines in coal, oil, and gas, while hydrogen and carbon capture projects are struggling.
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We’re thrilled to announce the launch of the 2025 SPE/JPT Drilling and Hydraulic Fracturing Technology Review. This exclusive, official publication will be distributed at three major SPE industry events.
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Contactor will provide EPCI work related to the subsea portion of the 20K Gulf of Mexico development.
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The SPE Europe Energy GeoHackathon aims at educating and disseminating knowledge to all the participants on how data science applications can support geothermal energy developments and drive the energy transition. Boot camps begin 21 October.