Testing page for app
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The technology, which uses Industrial Internet of Things components, aims to reduce the costs and improve the safety of drilling operations. -
The agreement aims to bring the efforts of both companies together to advance digital-enabled carbon-free floating power generation.
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Although 92% of energy companies say they plan on digital technology investments, only 27% currently retrain and reskill existing employees to meet the upcoming demand, according to a recent survey from Ernst & Young.
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The move by the US Congress and the White House is part of a broader effort to overturn the Inflation Reduction Act passed in 2022.
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The supermajor believes oil and gas will continue to play a major role in the global energy mix over the next 25 years.
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The Halten East project in the Norwegian Sea involves fields that if developed independently would be considered too marginal to be economically attractive.
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A roundtable discussion during CERAWeek pointed to the necessity of a mindset shift for the oil and gas industry to tap into AI’s true potential.
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The acquisition of the imaging company gives Kraken offices in Colorado and Texas.
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The production unit for the Balder field in the North Sea is expected to go on-stream in the second quarter of 2025 following the staged tow-out of the FPSO.
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Industry leaders say they believe oil and gas will continue to play a pivotal role in the energy mix in the lengthening energy transition timeline.
