Asset Management
The UAE will prioritize national interests and production flexibility, setting up implications for OPEC’s market power, oil, prices, and global supply dynamics.
Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil&Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
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Rigorous engineering remains the key platform to accomplish the dizzying array of complex work on a daily basis and the linchpin in elevating the performance of deepwater projects from acquisition to abandonment.
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This paper describes the engineering design and operational execution practices that supported setting of a new extended-reach world record in a mature carbonate field offshore Abu Dhabi.
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SPE President Terry Palisch is joined by Jennifer Miskimins, department head of petroleum engineering at the Colorado School of Mines, to discuss the academic aspect of petroleum engineering and its future.
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The Midland-based service company operates a fleet that is now 65% either dual-fuel or electric-powered.
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The 18 vessels CSSC will build for QatarEnergy will be the largest LNG vessels in service.
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The second major deal in the US proppant industry this year will see US Silica go forward as a private company.
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The geothermal company will use organic Rankine cycle (ORC) technology, which does not require steam to generate electricity.
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The $48.5-billion investment aims to keep the 30-year-old project in western Kazakhstan flowing for years to come.
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The asset combination is structured under Eni’s “satellite model,” which Eni has deployed successfully with similar upstream joint-venture deals in Norway and Angola.
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Oman’s Marsa LNG plant expects to drop its first LNG in Q1 2028 with production aimed at serving the marine fuel market (LNG bunkering) in the Gulf.