Asset Management
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
By acquiring 100% of Ventura’s outstanding shares, SED Energy Holdings would scale its business into a combined $1 billion company backed by a $1.3 billion contract backlog focused on deepwater drilling, shallow-water tender rigs, and seismic acquisition.
Shell is continuing to reshape its portfolio with the sale, which includes its interest in the BP-operated Na Kika platform and the Coulomb tieback.
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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.
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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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The companies' combined technologies enable real-time control of well placement, hydraulics, and rig operations.
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CERAWeek panelists see AI as a way to leverage data and people in interpreting data for exploration, but a cultural shift at companies may still be needed.
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Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.
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The chair of the SPE Georgetown Section outlines how balanced, apolitical dialogue can support development amid rapid energy expansion.
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This paper highlights the effects of tax credits on business operations for midstream companies in the Permian Basin.
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In this study, forward simulation is executed by a commercial reservoir simulator while external code is developed for backward calculations.
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Findings from two new SPE papers argue that the tight-rock sector needs to rethink longstanding assumptions about how hydraulic fractures form underground.
