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The new AIQ ownership structure will see Presight acquire 51% shareholding, with ADNOC retaining 49% and receiving a 4% stake in Presight. AIQ will continue to operate as a standalone company.
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The health, safety, and environment (HSE) discipline is one of the broadest in SPE, from the perspectives of both its scope and its cross-discipline impact. As JPT celebrates 75 years, former HSE Technical Director Roland Moreau examines some of the defining moments in the history of HSE in the industry, the growth of the discipline, and the challenges it still faces.
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At COP28, more than 50 oil and gas companies took a historic step toward decarbonization by launching the Oil & Gas Decarbonization Charter. This article explores the importance of this effort, the opportunities available to the industry to reduce its Scope 1 and 2 emissions, and the key technologies needed to achieve the net-zero goal.
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Losing drill-hungry independent and private companies in the region to robust M&A will mean an activity slowdown that is expected to impact volumes coming from the nation’s largest oil field.
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Operators are turning the tide on the Lower Tertiary trend with increasingly large stimulations that are also pushing the limits of offshore technology.
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To ensure successful outcomes, it’s crucial to understand the battery itself, define objectives clearly, and analyze operational profiles thoroughly.
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New round covers 41 parcels across almost 10.3 million hectares off Newfoundland and Labrador
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The prestigious award celebrates OTC exhibitors who are revolutionizing the industry with their groundbreaking technologies. This year, 15 exceptional technologies—five of which hail from small businesses—were chosen for their advancements. Join us in recognizing these trailblazers who are shaping the future of offshore energy.
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Matthew Bryant has spent years trying to convince engineers that the API proppant testing standard has significant limitations. And he may well be right.
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Developing alternative power supplies with wide-scale reliability, dependability, and minimization or elimination of GHG emissions within feasible capex/opex scenarios is the brass ring of sustainability and energy security—and data are helping us get there.
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This paper presents the completion strategy implemented in an intelligent well completed in Malaysian deepwater Block K.
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This paper presents the design and development of a prototype intelligent water-injection and smart allocation tool aimed at achieving autonomous waterflood operations.
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