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It may not seem intuitive, but engineers need to understand financial matters, and that’s where SPE comes in, with connection opportunities to places other than your technical discipline.

The 50th edition of the Offshore Technology Conference in May indicated that the sector is beginning to recover 2 years after the oil price slump. Topics discussed: what price will make offshore profitable, companies’ billion-dollar splurges offshore Brazil, and promising startups.

The perceived change stemming from the spread of machine learning and artificial intelligence can feed alarming predictions about massive job losses, but replacement of humans is a low priority among organizations implementing these technologies.

A recent spike in production has engendered a cautiously optimistic outlook for the UKCS, but will it do anything to stave off the overall decline of the mature basin?

An SPE workshop held recently in Xian, China, examined effective and efficient development of fractured carbonate reservoirs. It was the third workshop sponsored by China’s Sinopec and attracted 80 attendees representing 13 organizations from seven countries.

Saudi Aramco’s aim to localize oilfield services in the kingdom is taking another step forward with an onshore drilling partnership with National Oilwell Varco.

GATE will provide facility commissioning and Subsea 7 will provide a pair of infield production flowlines and the umbilical system for Shell’s recently sanctioned deepwater GOM development.

The Alaska Gasline Development Corp., a state-owned corporation, is preparing an equity offering for this summer for its $43-billion LNG project. BP agreed to sell natural gas from Prudhoe Bay for export to Asia-Pacific.

New local content regulations could speed up the pace of presalt oil production by more than 21 billion bbl by the mid-2020s. Karoon and Parnaíba Gás Natural are the first companies to apply to change their contract terms. Petrobras, Shell, BP, ExxonMobil, Petrogal, and Anadarko are also interested.

This paper highlights a pragmatic approach to managing carbon emissions from offshore installations operating on the UK Continental Shelf, while maintaining competitiveness and maximizing economic recovery, by illustrating the key challenges and opportunities.