Asset Management
In the fourth development phase, a planned tieback would connect resources from two North Sea discoveries to existing infrastructure at the Johan Sverdrup field, pending project sanction.
This article from the SPE Robotics and Autonomous Systems Technical Section (RASTS) explores the insights shared at the recent Offshore Technology Conference (OTC) in Houston about autonomous systems and their role in the industry's future.
The Pinnington project in North Texas is the company’s largest solar project in the state and brings Repsol’s renewable energy generation capacity in the US to greater than 2 GW.
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Ruwais is slated to be the first net-zero LNG facility in the Middle East and North Africa. -
GEODE is a consortium led by Project InnerSpace and the Society of Petroleum Engineers and funded by the US Department of Energy’s Geothermal Technologies Office.
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The new wells at Zohr are key to a plan to return Egypt’s gas production back to “pre-crisis” levels by June 2025.
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At peak, 100,000 BOE/D is expected to flow to the Whale production semisumbersible, which largely replicates the Vito semi.
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Operators remain cautiously optimistic in 2025, despite regulatory uncertainties.
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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.
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The acquisition, expected to close in early 2025, will bring Optime Subsea’s umbilical-less technology into Halliburton’s Testing and Subsea division.
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Operator TotalEnergies and rig owner Vantage Drilling form joint venture to purchase the Tungsten Explorer.
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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.
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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.
