Management
Enverus analysts say limited development opportunities and lower oil prices restrained deal activity outside North America for a second consecutive year.
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
Members of the International Energy Agency said they would make available 400 million bbl from emergency reserves amid market disruptions.
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The updated plan seeks to avert termination of the PSA by raising total investment and constructing a floating production unit at Aphrodite plus an export pipeline to Egypt. -
Awards related to the 2024 APA round are expected to be announced in early 2025.
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SPE is excited to livestream these thought-provoking and informative Tech Talks from the SPE Energy Stream studio at the SPE Annual Technology Conference and Exhibition, 23–25 September, in New Orleans.
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SponsoredDiscover how TAQA’s sustainable products are transforming cementing operations, reducing environmental impact, and enhancing performance.
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Subsea tieback in the Central North Sea expected to produce 20,000 BOED at peak, boosting output to Alvheim FPSO.
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As SPE celebrates a century of innovation at the 2024 ATCE, we also mark the 75th anniversary of the Journal of Petroleum Technology. These twin milestones stand as a testament to the achievements that have driven our industry forward—innovation, pushing boundaries, setting new standards, and fueling the energy that powers the world.
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The energy industry faces a shortage of skilled professionals, and high salaries aren’t enough to attract new talent. We need to show how careers in this field offer meaning and stability, with transferable skills across energy sectors.
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Fervo Energy proved fracturing can harvest geothermal energy and is now rapidly learning to build a utility-scale power plant.
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Updates about global exploration and production activities and developments.
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Since the late 1930s, the offshore industry has advanced from the first platform in 14 ft of water to the ultradeepwater 20K era. Driven by seismic, drilling, and development breakthroughs, the industry has pushed into deeper waters, high-pressure reservoirs, and new frontiers like Guyana, continually expanding the limits of offshore exploration.
