Asset Management
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
Applications are now open for the OTC Spotlight on New Technology Awards, the offshore energy sector's leading innovation honors. Recognizing technologies that advance operational efficiency, sustainability, and performance, the awards spotlight game-changing solutions from OTC exhibitors. Submit your entry and supporting documents by 28 January 2027.
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
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The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030. -
While physical damage to energy infrastructure has so far been limited, analysts caution that a prolonged conflict could drive prices higher even as OPEC+ proceeds with planned incremental supply increases.
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The integrated field management services contract signals an evolution of KBR’s role at Majnoon from one of stabilizing production to a more complex and sophisticated role that takes responsibility for integrating full upstream operations.
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The Spotlight on New Technology Awards recognize breakthrough innovations that demonstrate significant technical advancement and potential impact across the offshore energy value chain. The awards will be presented during OTC Asia, 31 March–2 April, in Kuala Lumpur, Malaysia.
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This paper reviews the simultaneous supercritical CO2/brine aquifer injection and water-alternating-gas methods for geologic carbon sequestration and proposes a novel integration with saltwater-disposal wells.
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Updates about global exploration and production activities and developments.
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The objective of this study is to numerically investigate system behavior when storing H2/natural gas (CH4) mixtures in aquifer-related underground gas storage, and the effect of gas composition and salinity on energy-recovery efficiency.
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This paper provides an account of the design, implementation, and operational insights from an enhanced geothermal system proppant stimulation targeting a volcanic, dry rock setting with an approximately 330°C bottomhole temperature.
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This study evaluates the feasibility of drilling a closed-loop, unconventional geothermal system in the Pannonian Basin basement of Romania.
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Geothermal development is gaining steam and entering a transformative era, driven by breakthroughs in adapting and improving on engineering, drilling, completion, and production technologies to the efficient extraction of heat from the Earth.
