The Journal of Petroleum Technology

Field/project development Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project. Twitter LinkedIn Pinterest YouTube Show more sharing options Share Twitter LinkedIn Pinterest YouTube Copy Link URLCopied! Print Illustration of the Bay du Nord field, including potential future subsea tiebacks. Source: Equinor.

Environment Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits. Twitter LinkedIn Pinterest YouTube Show more sharing options Share Twitter LinkedIn Pinterest YouTube Copy Link URLCopied! Print Mantle8 plans to explore for natural hydrogen and helium in the Pyrenees after receiving permits from France and Spain. Source: Mantle8.

Production A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers. Twitter LinkedIn Pinterest YouTube Show more sharing options Share Twitter LinkedIn Pinterest YouTube Copy Link URLCopied! Print Source: Getty Images.

Business/economics Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack. Twitter LinkedIn Pinterest YouTube Show more sharing options Share Twitter LinkedIn Pinterest YouTube Copy Link URLCopied! Print Map showing the Strait of Hormuz. Source: Getty Images.

Drilling The company said that its AD-300, a 50-m-high automated island drilling rig that walks between wells, was delivered 3 months ahead of schedule. Twitter LinkedIn Pinterest YouTube Show more sharing options Share Twitter LinkedIn Pinterest YouTube Copy Link URLCopied! Print Source: ADNOC.

Geothermal energy The company’s millimeter wave drilling system is approaching a depth of 1 km at its Central Texas site. The recent funding is earmarked for Project Obsidian in Central Oregon, which Quaise calls the world’s first commercial superhot geothermal power plant.

Drilling A report commissioned by Havtil, the Norwegian Ocean Industry Authority, calls for better dialogue regarding pore-pressure uncertainty and higher-end drilling techniques like managed pressure drilling as methods to reduce the risk of well-control events.

Career Development Seven young professionals were selected to represent SPE at the 2026 Emerging Leaders Alliance. Twitter LinkedIn Pinterest YouTube Show more sharing options Share Twitter LinkedIn Pinterest YouTube Copy Link URLCopied! Print From top left: Blessing, Shah, Trujillo, and Tavares. From bottom left: Bhoraniya, Marquez, and Ezechi.

AI/machine learning Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle. Twitter LinkedIn Pinterest YouTube Show more sharing options Share Twitter LinkedIn Pinterest YouTube Copy Link URLCopied! Print Schneider Electric is buying industrial data and AI software company Cognite in an all-cash deal valued at $3.1 billion.

SPE News The events will be co-located 3–5 May 2027 at Reliant Park in Houston, Texas.