Asset Management
EY reports an 11% decline in reserve additions and the first sub-100% reserve replacement ratio since 2021, even as crude output climbed.
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
By acquiring 100% of Ventura’s outstanding shares, SED Energy Holdings would scale its business into a combined $1 billion company backed by a $1.3 billion contract backlog focused on deepwater drilling, shallow-water tender rigs, and seismic acquisition.
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BP called the Bumerangue discovery in the Santos Basin the company’s largest find in 25 years, and announced it had begun production from its tieback project at Argos ahead of schedule.
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With the right infrastructure and interoperability, subsea resident robotics could unlock more frequent, cost-effective inspections—and a new standard for offshore efficiency.
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Emerging solutions could solve current subsea pain points, while a new taxonomy system could clarify the capabilities of the expanding domain of underwater vehicles.
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This paper reviews best practices and learnings from floating-production-unit transportation and installation, hookup, and commissioning and discusses subsea flowlines, export pipelines, and subsea-equipment installations.
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This paper addresses how close collaboration has enabled the development of a robust and cost-efficient solution for the Ormen Lange project by using carefully selected technology elements and an accelerated qualification process to mature them.
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Updates about global exploration and production activities and developments.
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This paper describes a tool that complements predictive analytics by evaluating top health, safety, and environment risks and recommends risk-management-based assurance intervention.
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This paper discusses the journey of the Bonga North project, highlighting challenges and resolution strategies in a constantly changing deepwater environment.
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Big oil companies are backing direct lithium extraction while the market flashes warning signs.
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As LNG projects sanctioned earlier this decade come onstream, a shortage of new final and pre-final investment decisions threatens to leave the project pipelines dry at a time when global LNG demand is forecast to surge over the next 15 years.