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The objective of this paper is to illustrate a methodology for identifying the value of information (VOI) in reservoir management—in particular, for deriving the conditional probabilities of success when new and imperfect data are acquired.

ExxonMobil’s ninth discovery offshore Guyana solidifies the area as a premium offshore basin.

The Spanish E&P company plans to invest more than $11 million by the end of 2018 on startups working in established priority areas, which include resource reuse and sustainability measures.

The technology will provide Equinor a continual feed of updated reservoir information from its Johan Castberg and Johan Sverdrup fields with the aim of improving well placement, production, injection, and—ultimately—recovery.

Oil-producing countries are adopting a variety of strategies to shield their industries from climate action, seeking not just to survive but to recast their businesses in ways that provide competitive advantages, according to a paper by an expert at the Center for Energy Studies at Rice University.

In the dry, dusty plains of West Texas, home to America’s most prolific oil play, the problem isn’t too little water. It’s too much.

DNV GL has published a paper to support the safe use of artificial intelligence. The paper asserts that data-driven models alone may not be sufficient to ensure safety and calls for a combination of data and causal models to mitigate risk.

The engineering company Cosmodyne will work directly with the utility company and its EPC contractor for the project, which will utilize its LINEX natural gas liquefier.

A marked change from a decade ago, Appalachia, the Permian, and the Haynesville now represent almost half of total US gas production, EIA reports.

Though many people understand that employers have workplace responsibilities regarding their employees' health and safety, far fewer understand that the employees also have certain legal obligations they must meet.

Operators are increasing capital budgets in the wake of tariffs and quotas initiated by the US government on steel imports, and the product exclusion process has revealed a host of other issues. If the tariffs are here to stay, what does industry hope to see moving forward?

Petrofac appointed Fady Sleiman chief digital officer. Fady joins from MENA investment company Waha Capital, where he was chief information officer/group head of IT for the Abu Dhabi-based company from 2014. Prior to that he was CIO and head of Innovation Centre Strategy for General Electric MEA based in Dubai, having held a number of roles across GE’s business portfo…