Asset Management
After acquiring the block more than a decade ago, Petrobras has finally found oil in the deepwater area of the Equatorial Margin with the Morpho-1 exploration well.
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.
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North Sea tieback to the Troll C platform could begin production by the end of 2029. -
The LNG specialist also greenlit a debottlenecking project to free up additional volumes at the Corpus Christi site.
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The SPE Reservoir Technical Discipline and Advisory Committee invite their Reservoir members worldwide to participate in a new survey aimed at assessing the current state of reservoir engineering across industry and academia. Deadline is 21 July 2025.
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Gold H2 says it is the first to achieve commercial-scale hydrogen production by introducing microbes to a mature oil reservoir.
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The field, which holds the first production license on the Norwegian Continental Shelf, sent oil to the Jotun FPSO on 23 June.
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Less than 3 months after going onstream, the Barents Sea project, the northernmost production offshore Norway, is producing 220,000 B/D.
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The supermajor follows other oil companies including ExxonMobil, Equinor, and Occidental Petroleum in the hunt to bolster US supplies of lithium.
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The SPE France Section marked a major milestone with its 40th anniversary celebration in March, held at the iconic Musée des Arts et Métiers in Paris. This historic venue—dedicated to centuries of engineering excellence—served as a fitting backdrop for an evening that honored legacy, acknowledged present challenges, and explored the evolving role of oil and gas profes…
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While militant attacks halted construction at Mozambique’s onshore megaprojects, Eni began LNG exports using a floating production strategy, which now serves as the foundation for its ongoing development.
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DNV’s carbon capture and storage outlook forecasts a massive shortfall in the projects necessary to help the world reach net-zero emissions by 2050.
