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News
2026 SPE Regional Award Recipients Announced
19+ hour, 52+ min ago (459+ words) Please congratulate the 2026 Regional Award recipients for being elected by their peers for outstanding technical and award accomplishments in their region. The call for 2027 SPE awards nominations begins in September. Visit www.spe.org/awards to nominate a colleague for…...
Vår Energi Snaps Up Danish Assets in $1.3B BlueNord Buyout
1+ day, 19+ hour ago (359+ words) JPT Homepage Vår Energi Snaps Up Danish Assets in $1.3B BlueNord Buyout The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves. Vår Energi ASA's acquisition of BlueNord ASA will bring assets like the Tyra…...
TWA Editorial Board Welcomes 12 New Members
2+ day, 9+ hour ago (97+ words) JPT Homepage TWA Editorial Board Welcomes 12 New Members Twelve young professionals in the energy industry will join the board. The Way Ahead is pleased to announce the addition of 12 new members to its TWA Editorial Board. Comprising SPE young professionals,…...
Wider, Deeper, Faster: An AI-First Approach to Cross-Domain Drilling Challenges
2+ day, 9+ hour ago (560+ words) JPT Homepage Wider, Deeper, Faster: An AI-First Approach to Cross-Domain Drilling Challenges Effective data analysis depends on seeing connections that matter. Explore how Spotfire enables a more intuitive approach to understanding petroleum data. The global energy sector is changing fast....
Harbour Energy Takes a Step Closer to Making Major UK CCS Project a Reality
2+ day, 19+ hour ago (324+ words) Offshore oil and gas producer Harbour Energy has secured approval for development funding for its Viking carbon capture and storage (CCS) project in the UK. The approval is a major step toward a government-backed final investment decision (FID). The FID…...
US Tight-Oil Producer Magnolia Makes $4 Billion Acquisition in Texas
3+ day, 19+ hour ago (386+ words) Magnolia Oil & Gas Corp. announced on 20 July that it has agreed to acquire fellow Texas unconventional oil and gas producer WildFire Energy for approximately $4.06 billion, including debt. The transaction will create a company with an enterprise value of more than…...
Shell Continues Shift With Agreement To Sell Sprng Energy Group
4+ day, 19+ hour ago (177+ words) Shell Overseas Investment, a wholly owned subsidiary of Shell, signed an agreement with Aditya Birla Renewables to sell 100% of Solenergi Power, which includes the Sprng Energy group of companies, for $1.8 billion. Shell had acquired Solenergi and the Sprng Energy group…...
Japan’s Mitsubishi Becomes One of the Largest Gas Producers in the US
4+ day, 23+ hour ago (307+ words) Mitsubishi Corporation has completed its acquisition of US shale gas producer Aethon Energy, closing the $7.2 billion transaction first announced in January. The deal is the largest acquisition in the Japanese trading and investment firm's history. In a statement issued 14 July,…...
ExxonMobil Declares $1 Billion FID on Usan Deepwater Project in the Niger Delta
5+ day, 8+ hour ago (431+ words) ExxonMobil has announced a final investment decision (FID) on a $1 billion infill drilling project at the Usan deepwater oil field in offshore block OML 138. The project marks the company's first drilling campaign at the field in a decade and is…...
Production Optimization and Artificial Lift: A Common Denominator Between SPE, SWPSC, and ALRDC
5+ day, 19+ hour ago (386+ words) The Society of Petroleum Engineers (SPE), the Southwestern Petroleum Short Course (SWPSC), and the Artificial Lift Research & Development Council (ALRDC) share a common mission around advancing artificial lift technology, but each contributes in a distinct way. They all serve as…...