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The results are in. Here are this year’s “Most Promising” startups as decided by upstream investors and oil company innovation teams
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Maybe we don’t need to look inside the black box after all. Maybe we just need to watch how machines behave, instead.
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Robots may not be ready to take over the world just yet, but they are making great strides in the offshore industry. A technical session at this year’s Offshore Technology Conference presented some of the advances, including untethered ROVs and subsea broadband communications.
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Adoption of digital technologies will continue to improve the offshore sector, including improved well efficiency, real-time directional drilling, lower maintenance costs, and safer operations.
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After producing for 43 years, the Statfjord A platform will cease production in 2022.
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Driftwood is authorized to export up to 3.88 Bcf/D, and Port Arthur gets go-ahead for 1.91 Bcf/D of natural gas as LNG.
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Anadarko Petroleum now plans to exit its agreement with Chevron after deeming Occidental Petroleum's revised takeover bid "superior."
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Expected to start up in mid-2022, Liza Phase 2 will produce up to 220,000 B/D of oil.
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As the oil and gas industry moves more into the machine learning space, Python-conversant petroleum domain specialists will prove to be increasingly valuable to organizations.
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Virtual metering technology has been in use for years as a cost-effective means of monitoring production, but what else can it do? How reliable is it as a backup to physical multiphase meters?
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An EIA report shows natural gas exports reaching 4.6 Bcf/D in February, the 13th consecutive month in which the country's natural gas exports exceeded its imports. Exports are projected to reach 7.5 Bcf/D by 2020.
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A merger with KeyW and the completion of the sale of its energy and chemical segment to WorleyParsons align with the service company’s decision to focus on its higher-growth, higher-margin lines of business.
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