Asset Management
Opening day remarks from President Mohamed Irfaan Ali framed fossil fuels and renewables as parallel systems amid rising demand and structural supply pressures.
The UAE will prioritize national interests and production flexibility, setting up implications for OPEC’s market power, oil, prices, and global supply dynamics.
Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil&Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
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Operator acquiring oil-weighted New Mexico assets of both Franklin Mountain Energy and Avant Natural Resources. -
The Denver-based independent is boosting its position in the Canadian shale play by 109,000 net acres, and about 70,000 BOE/D.
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Contract awards for EPC on shore-based liquification facilities and FEED for upstream offshore infrastructure in Mozambique’s ExxonMobil–Eni project bodes well for an East African LNG hub.
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With emissions mineralization established as a proven approach, the companies’ next objective is to move the underlying technology toward commercial success.
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Subject-matter experts from industry and academia advanced distributed fiber-optic sensing technologies and their implementation in flow measurement during a special session.
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Speaking at this year's ADIPEC, leaders from BP, Shell, Petronas, ADNOC, and Eni said the energy transition must become profitable and that AI will likely play a key role.
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The deal follows an asset swap on the same acreage earlier in the year and increases Equinor’s natural gas holdings in the region.
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The birthplace of Royal Dutch Shell, Indonesia and Malaysia, buck trends and grow their gas and oil industries, expecting a record number of final investment decisions in the next 4 years in gas, deep water, and carbon capture projects to support Southeast Asia’s booming economic growth.
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Undergraduate education in petroleum engineering has survived the latest downturn in the industry, and enrollment has started to show an uptick in numbers. However, a different trend is evident in graduate training and academic research: the number of researchers being trained in oil and gas topics is drastically dropping.
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There is no shortage of quantum technology applications in the upstream industry, from supply chain to well placement, making now the time to take it seriously.
