Asset Management
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
Output is rising fast in the South American shale play and putting Argentina on a course to soon reach 1 million B/D.
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Since the US arrested and removed Venezuelan President Nicolás Maduro on 3 January 2026, all eyes have turned toward the country’s vast oil reserves, the largest of any country. From 2005 to 2024, oil production in Venezuela fell by 70%, from 3.1 million B/D to just 0.9 million B/D. The race is on to bring production back, but aging infrastructure and expatriation pre… -
New technical papers suggest advanced robotic systems may not be far away from broad adoption for a large share of offshore inspection and intervention.
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This paper presents a case study of oriented tubing-conveyed perforation followed by an acidizing operation to overcome technical challenges posed by a depleted reservoir targeted for a carbon capture, utilization, and storage project.
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Corporate consolidation and foreign buyers helped drive $38 billion in upstream deals in the first quarter of 2026.
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The Career Advancement Network held its Energy Professionals Hiring Event at SPE’s 2026 Offshore Technology Conference, allowing participants to connect with employers, explore opportunities, and seek information about job opportunities in a rapidly evolving industry.
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The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.
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The top three bidders in the latest lease sale by the US federal government paid a combined $3.9 billion.
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US Energy Information Administration data sees the country’s energy production jump 3.4% over 2024 levels. Additionally, the EIA predicts industrial natural gas consumption to hit records in 2026 and 2027.
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This article from the SPE Hydrogen Technical Section (H2TS) analyzes career opportunities and the capabilities professionals will need as the hydrogen sector continues to take shape.
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The collaboration aims to provide a dedicated land rig for geothermal wells in the US.
