Onshore/Offshore Facilities
In a move tied to national security, a Trump-appointed committee voted to exempt oil and gas drilling in the Gulf of Mexico from Endangered Species Act requirements, marking the first such exemption in 3 decades.
PTTEP and SPE formalized a new partnership at OTC Asia 2026 to advance technical knowledge, professional development, and collaboration across the energy sector. The agreement aims to turn global expertise into practical solutions for inspection, maintenance, and asset integrity—key priorities in an evolving industry.
Updates about global exploration and production activities and developments.
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BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029. -
Seventeen companies, including four small businesses, were recognized this year for their demonstrated advancements in the industry.
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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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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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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 organization has launched Industrial Services in an effort to support growing energy and infrastructure markets.
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The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030.
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While physical damage to energy infrastructure has so far been limited, analysts caution that a prolonged conflict could drive prices higher even as OPEC+ proceeds with planned incremental supply increases.
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This paper introduces an agentic artificial-intelligence framework designed for offshore production surveillance and intervention.
