Production
The loan to Arena Energy will generate an estimated 38,600 B/D in new production from 22 platforms in the Gulf.
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
Sponsored
This case study by CNOOC and Halliburton highlights how enhanced multizone sand control treats eight unequal zones in one trip and reduces completion time by 60 hours in Bohai Bay, China.
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Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion. -
The shale revolution, the Paris Agreement, and the global pandemic each transformed energy markets. Now, industry leaders say energy pragmatism is emerging.
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The latest edition of ISO 20815 extends the petroleum industry's production assurance and reliability management framework to carbon capture, hydrogen, ammonia, and wind assets.
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Under a recently signed contract, the company will evaluate more than 120 wells across mature fields in an effort to optimize production.
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Panelists at the SPE Subsea Well Intervention Symposium discussed where AI is delivering value today, where risks remain, and how engineers can best determine its usefulness.
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Honorees Rajan Chokshi and Mike Poythress say the guidance they received, and later shared with others, helped shape decades of innovation and leadership in artificial lift.
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As digital technologies become commonplace, industry leaders say core engineering knowledge remains essential for making informed decisions and avoiding costly mistakes.
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As Egypt’s largest oil and gas investor, Eni is ramping up its 2026–2027 drilling campaign with new investments cross the Mediterranean offshore, Nile Delta, Western Desert, and offshore Sinai to strengthen the country’s role as a regional gas and LNG export hub.
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While equipment run life and reliability remain core concerns, experts say operators are increasingly turning to real-time surveillance and autonomous optimization to unlock new production gains.
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The supermajor expects output to double to about 600,000 B/D as a result of a new agreement with one of its joint ventures in Venezuela.
