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Reducing the complexity and controlling the cost of major offshore projects are together one of the biggest challenges facing the oil and gas industry. -
The world’s developing countries will lead economic growth and consume an increasing share of energy production globally over the next quarter-century,according to Rob Gardner, manager of economics in corporate strategic planning at ExxonMobil.
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The US rig count has inched up recently, and the driver has been the old reliable of onshore oil production, the Permian Basin. With surging production, the Permian is the only major US oil shale play to grow since crude prices began to fall.
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Iran has surprised many global market experts with how rapidly it has increased crude oil production, following the January international agreement that lifted nuclear-related sanctions against the country. External companies get a look at new terms for production in Iran.
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Despite major advancements in deepwater projects in the Gulf of Mexico, FPSO usage has yet to increase.
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Shell has reaffirmed its commitment to the shale business and views it as a growth opportunity moving into the 2020s
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Transforming and shaping the future of the exploration and production (E&P) industry will be the theme of SPE's first Annual Technical Conference and Exhibition to be held in the Middle East, running September 26-28 at the Dubai World Trade Center.
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For deepwater development, panelists at OTC emphasized the need for scalable technology, the standardization and simplification of projects, patient capital investment in innovation, greater collaboration, and new perspectives coming from outside the industry.
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A quantitative, probabilistic risk modeling tool used for more than a decade by the NASA might help the offshore industry prevent low-probability but high-impact incidents.
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With Iran re-entering the global oil market, this article looks at the state of Iran's oil industry, the condition of its fields, its use of technology, and its present and future production potential.
