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The firm has outlined a restructuring plan that will see it sell off subsidiaries and erase more than $4.6 billion in debt.
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The Gulf Research Program of the National Academies of Sciences, Engineering, and Medicine announced the grant awards for eight projects focused on strengthening safety culture in the offshore oil and gas industry.
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Subsea 7 and Eidesvik Offshore have been awarded the 2019 Environmental Sustainability Award from the International Marine Contractors Association in recognition of their efforts to reduce vessel emissions and improve energy efficiency.
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Safety analytics derived from virtual-reality data can quantify workers’ ability to sense physical hazards and be used to achieve a safer workplace and generative safety culture.
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In an effort to prove oil and gas developments are not as big a contributor to the Front Range’s diminishing air quality, Crestone Peak Resources announced it will install air quality monitors at all of its horizontal hydraulic fracturing sites throughout the state.
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The Italian oil and gas company used a “fast track” model to get the first production well flowing from the Agogo field.
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SPE’s 2020 International Conference and Exhibition on Health, Safety, Environment, and Sustainability is scheduled for 17–19 March in Bogotá, Colombia. In this video, SPE Technical Director Johana Dunlop explains why all HSE and sustainability practitioners should try to attend.
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SPE is planning a series on petroleum data analytics at its Houston Training Center. The series will kick off with Week One: Subsurface Analytics on 24–28 February and will be led by University of West Virginia Professor of Petroleum and Natural Gas Engineering Shahab Mohaghegh.
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The companies will focus on research and development to reduce CO2 emissions and promote the circular economy.
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The size of the digital prize is large. But deploying digital technologies at scale is proving harder than first thought. A report from Wood Mackenzie presents lessons from digitalization's early adopters.
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Researchers described the temperature changes at the point where liquid meets the vapor during evaporation. The explanation, developed using the Direct Simulation Monte Carlo method, will allow scientists to more accurately simulate the performance of systems based on the theory of evaporation.
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Digitalization is now a staple of boardrooms and plays a key role in corporate strategies. It brings equal measures of opportunity and threat. A report from Wood Mackenzie takes a look at how it will affect different categories of the supply chain.
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