Asset Management
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
The GRMS system of standardization and classification for geothermal resources, led by a coalition of stakeholders in collaboration with Project InnerSpace and the Society of Petroleum Engineers, will be published in November.
Argentina’s President Javier Milei met with TotalEnergies CEO Patrick Pouyanné and Eni CEO Claudio Descalzi in Paris to discuss Argentina’s energy sector, including projects linked to the Vaca Muerta shale formation and the development of the Argentina LNG export project.
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The initial well is being reviewed along with other discoveries in the area for possible joint development. -
Gas production from the field will be supplied to both the local market and the Nigeria LNG plant.
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Supermajor expands its global LNG footprint in a deal that will grow its presence in Asia and Europe.
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The EPCI contract will see a new water-injection pipeline added to the complex.
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The shallow-water find will be developed using two new platforms, export pipeline with a first-oil target in late 2025.
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Woodside Energy’s deepwater Sangomar field offshore Senegal has reached first oil, and company CEO Meg O’Neill called the reservoir quality “very, very close” to pre-drill predictions.
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The contractor will have 3 years to conduct front-end engineering and design for the initial phase of the project.
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The Dallas-based tight oil producer will gain 33,500 acres and approximately 25,500 BOE/D from the latest deal to reshape the US shale sector.
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YP and petroleum engineer Natan Battisti spoke with The Way Ahead about the role SPE's mentoring program played in his career and his motivation for helping others as a mentor.
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The two Houston area-based companies have struck an agreement valued at almost $1.6 billion.
