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The all-stock transaction is the second megadeal to rock the energy industry this month.
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The Whale floating production unit, comprising a topside module and a semisubmersible hull, is a near-twin to the previously delivered Vito facility.
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The subsea field tied back to Grane is expected to produce 60,000 B/D at peak.
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Oil and gas professionals from 70 countries turned out for the 2023 SPE Annual Technical Conference and Exhibition (ATCE) in San Antonio, Texas.
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The software that the duo is working on aims to optimize and automate the moving of drilling rigs.
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Sustainability data management is a relatively new discipline that requires a unique set of tools, processes, and procedures to meet corporate demands.
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Initial forays into using digital twins across its major fields has inspired the multinational hydrocarbon exploration and production company to further adopt the technology across its entire portfolio.
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The computer vision startup from Porto Alegre, Brazil, earned both the People’s Choice award with a prize of $3,000 and the Best in Show award of $25,000.
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SPE recently became a supporting organization of the Aiming for Zero Methane Emissions Initiative, which aims to reduce methane emissions from oil and gas operations to near zero by 2030.
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The USV will be equipped with a remotely operated vehicle that is capable of operating in water up to 1500 m deep and tools to perform subsea operations.
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The Abu Dhabi National Oil Company said it plans to deploy uncrewed aerial vehicles equipped with the latest imaging technology for detailed inspections of site assets and infrastructure.
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A drop in the number of wells drilled on the UK Continental Slope is concerning as many fields in the mature basin are reaching the point of production cessation.
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