Asset Management
The deal adds physics-based reservoir modeling and real-time decision workflows to SLB’s digital portfolio.
Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.
INEOS Energy and Shell have partnered to invest in Gulf of Mexico exploration, while Eni reported strong productivity from its Geliga 1 discovery in Indonesia. Santos is advancing its Agogo project in Papua New Guinea, and ConocoPhillips received approval to redevelop several previously producing oil fields in Norway’s Greater Ekofisk Area.
-
ExxonMobil and Aramco CEOs talk molecules, electrons, and the need to "abandon the fantasy of phasing out oil and gas" at the "Super Bowl of Energy" in Houston. -
The merged companies will emerge as a new company, Innovex International, increasing its global scale and footprint in growing markets.
-
A total of 15 companies, including five small businesses, were recognized this year for their demonstrated advancements in the industry.
-
After becoming one of the first US independents to go big on CCS less than 3 years ago, Houston-based Talos Energy is making its exit.
-
The project advances toward the final investment decision expected this year.
-
Ignis H2 Energy and Imeco Inter Sarana announced a strategic partnership to expedite geothermal development in Indonesia.
-
The US contractor will provide subsea installation services with work expected to begin in 2026.
-
Oil demand is a "growth story" as fuel demand shifts internationally, said Rice University's Kenneth Medlock at the recent SPE/IADC International Drilling Conference and Exhibition.
-
Consortium suspends planned purchase of 50% stake in Israeli gas producer in light of ongoing military conflict in the region.
-
The agency’s short-term outlook forecasts modest declines in production for the rest of this year.
