Asset Management
The sale of Woodside’s Calypso stake to BP completes the company’s withdrawal from Trinidad and Tobago after decades of operations in the country.
ExxonMobil’s Letter of Intent to begin preliminary engineering and procurement work for Mozambique’s Rovuma LNG project bridges the development to a final EPC contract, which Area 4 partners are expected to award following an FID anticipated by year-end 2026.
Sixteen companies submitted 69 bids worth $99.5 million in the Big Beautiful Gulf 3 sale.
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TotalEnergies and the Danish Underground Consortium complete a 7-year effort to redevelop the Tyra field, lowering emissions and extending field life.
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Mozambique is poised to become Africa’s third-largest exporter of liquefied natural gas when Coral Norte comes onstream in 2028.
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Australia’s H2Perth blue and green hybrid hydrogen project is expected to benefit from carbon credits from the offshore Bonaparte carbon storage facility where Inpex and TotalEnergies are drilling appraisal wells together with Woodside.
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SPE began an exciting new chapter in its publishing program by consolidating three specialty publications—HSE Now, Data Science and Digital Engineering, and Oil and Gas Facilities—into JPT.
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The company announced that its geothermal system operated for more than 3,000 hours, which it said validates the technology’s commercial potential.
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The transaction supports Occidental Petroleum's operations in the Permian Basin and its enhanced oil recovery program.
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Updates about global exploration and production activities and developments.
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The technology to desalinate and reuse produced water for cooling AI data centers in the Permian Basin exists, but addressing cost challenges remains critical to widespread adoption.
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Industry observers warn that the future of the UK North Sea hinges less on geology than on whether fiscal stability can be restored.
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This paper discusses cases from the North Sea and offshore California in which high-fidelity pressure and dynamics measurements, combined with high-speed telemetry, helped overcome complex geotechnical challenges.