Asset Management
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.
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.
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Enverus analysts say limited development opportunities and lower oil prices restrained deal activity outside North America for a second consecutive year. -
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
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Members of the International Energy Agency said they would make available 400 million bbl from emergency reserves amid market disruptions.
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Your SPE GTTS community is now available, anytime, anywhere. Explore events, news, and technical content on the new platform and app.
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More than 150 researchers will work on the Libra Rocks project, which aims to unlock insights that could improve recovery and reservoir management in one of Brazil’s largest offshore oil fields.
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Drone strikes, refinery shutdowns, tanker disruptions, and halted LNG production have heightened concerns about broader supply risks.
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Operator started planning the development before it made its latest North Sea discovery.
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Cook Inlet leases have been a hard sell for federal or Alaska state authorities for years, given the environmental sensitivity of the area.
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Ir Mohd Yusri Mohamed Yusof spoke with JPT about the national oil company’s carbon capture and storage efforts, the value of cross-border cooperation, and his expectations for OTC Asia, to be held 31 March–2 April 2026 in Kuala Lumpur.
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The US Department of Energy said it is making available $171.5 million to support field-scale tests for geothermal electricity generation and exploration drilling.
