Asset Management
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
Still flowing nearly 40 years after startup, Gullfaks recently delivered its 5,000th cargo of sweet, low-sulfur crude to Sweden, underscoring how Equinor’s aging shelf assets continue to support Europe’s energy supply.
Utah, Colorado, Arizona, and New Mexico have formed the Mountain West Geothermal Consortium to turn geothermal energy into gigawatts of baseload power.
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The newest recipient of the title SPE Legend of Hydraulic Fracturing talks about his career, the evolution of fracture stimulation, the development of increasingly useful simulators, and the future of the oil and gas industry. The honor was given at the 2026 SPE Hydraulic Fracturing Technology Conference and Exhibition. -
Updates about global exploration and production activities and developments.
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Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.
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Equatorial Guinea government formalizes deal that paves the way for Block I development.
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OTC Asia 2026 kicked off on 31 March, hosted by Petronas, uniting global energy leaders, innovators, policymakers, and industry professionals. The event features strategic dialogues on energy trends, panels, and technical sessions on cutting-edge offshore technologies, and an expansive exhibition spotlighting advanced upstream solutions, digitalization, low-carbon app…
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The deepest water depth project in Equinor’s portfolio, Raia aims to bring its gas onstream in 2028.
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The Norwegian company has expanded its power-generating capacity in Brazil by acquiring a 230-MW onshore wind complex.
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War-related damage to oil and gas facilities is expected to disrupt global supply chains for years, as backlogs for critical equipment continue to grow, Rystad Energy reports.
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SLB's and Baker Hughes' partnerships with NVIDIA and Google Cloud, respectively, will develop advanced AI-enabled power optimization and sustainability solutions for the global data center sector.
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The rise in China’s gas production, now exceeding that of Qatar and of Australia, is also limiting growth in its LNG demand.
