Asset Management
Saipem has launched offshore operations in Suriname, while Repsol is expanding exploration efforts in Venezuela and partnering with MOL Group and TPAO in the Mediterranean. Petronas, Shell, and Murphy Oil reported new discoveries in Suriname, Namibia, and Côte d’Ivoire, respectively, as Occidental acquired a stake offshore Trinidad and Tobago and BP began gas producti…
Output is rising fast in the South American shale play and putting Argentina on a course to soon reach 1 million B/D.
The US federal government is working to stymie offshore wind power, but proponents aren’t going quietly. Armed with data, they are taking on a sea of misinformation and hostility to defend the burgeoning resource in the US, while the rest of the world moves ahead briskly.
-
Findings from two new SPE papers argue that the tight-rock sector needs to rethink longstanding assumptions about how hydraulic fractures form underground. -
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.
-
Equatorial Guinea government formalizes deal that paves the way for Block I development.
-
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…
-
The deepest water depth project in Equinor’s portfolio, Raia aims to bring its gas onstream in 2028.
-
The Norwegian company has expanded its power-generating capacity in Brazil by acquiring a 230-MW onshore wind complex.
-
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.
-
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.
-
The rise in China’s gas production, now exceeding that of Qatar and of Australia, is also limiting growth in its LNG demand.
