Management
BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029.
SPE’s newest technical community, the Critical Minerals Technical Section, aims to connect petroleum expertise with emerging opportunities to extract lithium, rare earth elements, and other critical minerals from subsurface reservoirs and industrial brines.
Companies largely focused on deepwater acreage in the second Gulf lease sale held under the One Big Beautiful Bill Act.
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Fervo Energy proved fracturing can harvest geothermal energy and is now rapidly learning to build a utility-scale power plant. -
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.
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Hurricane prognosticators continue to believe the 2024 Atlantic storm season will be more active than normal, even after a somewhat slow start. In any case, the oil field is ready.
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Carbon storage specialist Storegga joins Petronas and ADNOC in a joint study to strategize the build-out of Malaysia’s offshore as a regional CCS hub.
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By the end of 2025, a floating wind turbine will supply power to the operator’s Culzean platform in the Central North Sea.
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Collaboration agreement lays foundation for advancing tech and know-how for harsh environment operations.
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Industry experts advocate for collaboration to develop and test technology that can reduce emissions without breaking the bank.
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Industry professionals can use the 20/60/20 approach to recruit those most likely to be won over to oil and gas.
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Viking Energy, the world’s first LNG-powered supply vessel, is set to become the world’s first ammonia-powered supply vessel.
