Testing page for app
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Offshore drillers have been battered by the plunge in oil prices with falling day rates and a growing number of older rigs headed for demolition.
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Corporate social responsibility (CSR) programs are a critical part of oil and gas project development. As companies continue to work in more densely populated communities, they have become better at working with local authorities to protect the interests of the people their operations affect.
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Imagine a machine that could make an automaker competitive by speeding product development, help a jet engine maker create unique parts for more efficient turbines, and allow a baker to quickly create a picture-perfect 3D replica of a flower made of sugar.
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The effects of oil price volatility on operators and service companies, technological advances, safety and environmental risks, economic and regulatory impacts, and sustainability were highlighted in the sessions and discussions during the annual Offshore Technology Conference.
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With 17% of the global population, India faces a huge challenge to meet its growing domestic energy consumption, especially as it holds only 0.35% of oil reserves and 0.6% of natural gas reserves in the world.
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Questions for Mayank Ashar, managing director and chief executive officer (CEO) of Cairn India.
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Coupled, full-field, integrated, holistic, or asset: Call it what you will, this class of modeling is becoming increasingly commonplace.
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The unconventional boom that has swept across North America over the past decade is a testament to how game-changing technology combined with expanded knowledge and understanding has transformed the paradigm of hydrocarbon production.
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Simulation of coupled flow and geomechanics is of rising importance as unconventional subsurface exploration pushes the operational envelope of geological media.
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There has been increasing interest in integrated simulation of reservoirs, wells, and surface facilities, which is particularly important for companies with major assets in deep offshore fields.