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The US-based drilling contractor is buying the drilling technology company just three weeks after announcing a merger with NexTier Oilfield Solutions.
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The project aims to power subsea equipment with wave power and subsea energy storage. The two technologies have been deployed in the seas off Orkney, Scotland, and have begun a test program where they will provide low-carbon power and communication to infrastructure.
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Cyber risks facing the oil and gas industry continue to grow. Legal requirements, likewise, are continuing to expand. This article summarizes how these trends may affect oil and gas companies and describes steps companies can take to stay ahead of the curve.
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The organizations have created health performance indicators (HPIs) to be used by organizations in the oil and gas industry. The published guidance for applying these HPIs has been updated in several aspects, including recognition of the importance of mental health.
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Private-equity producer adds over 160,000 acres in Wyoming’s Powder River Basin oil play.
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The supermajor redefined its Mad Dog II development in three key ways: a blank-sheet redesign to cut costs, altering the way it works as a result of the COVID-19 pandemic, and a digital twin offering unique access to the asset from anywhere in the world.
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Leading energy technology companies unite to unlock efficiencies and increase reserve recoveries using digital advances.
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A decade ago, SPE defined key R&D and technology challenges for the industry. To address the more uncertain environment of the 2020s and beyond, we have updated the grand challenges via a January 2023 SPE workshop.
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CNPC’s record-breaking 11,100-m exploration borehole in the Taklamakan Desert promises to unlock the science of producing oil and gas trapped in the world’s deepest reservoirs.
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Recent developments from Equinor and Murphy Oil Corp. offer hope that the industry is zeroing in the right approach to building megaprojects.
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Picking up the pace of innovation and demonstration of advanced nuclear reactors is required if nuclear is to play a role in decarbonization beyond electricity by providing low-carbon heat or hydrogen.
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This paper discusses an effort to prevent permanent loss of mangrove habitats using a long-term restoration strategy based on the transplantation of fertilized seedlings produced at mangrove nurseries in partnership with local communities.
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