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The world's largest oil company has taken its lumps from 2020 and is ready to look forward to higher oil demand and the coming of a hydrogen market.

Economical oil extraction depends largely on reducing wear and tear of downhole equipment and tubulars through regular monitoring and batch treatment to cut the risk of corrosion and costly workovers. Having a data-driven approach to scheduling batch treatment can bring down the frequency of treatment and avoid the unnecessary use of resources.

The sale of the minority stake is part of its larger 2021 program to raise an average of $4 billion annually by shedding noncore holdings.

The pairing was instrumental in Expro’s receipt of a multiyear well-intervention services contract for Chevron’s Gorgon development.

Recent decisions by US market regulators reflect growing pressure on the largest US oil producers to back up emissions targets with more detailed strategies through disclosures.

As clean energy technology gains ground, a new energy security concern is taking center stage. Where once national security officials watched oil supplies, they are now tracking the production of minerals such as cobalt, indium, and neodymium used in the manufacturing of batteries, solar panels, and wind turbines.

The new DeeperSense project, an international consortium led by the German Research Center for Artificial Intelligence, is working on technologies that combine the strengths of visual and acoustic sensors with the help of artificial intelligence. The aim is to significantly improve the perception of robotic underwater vehicles.

The operator will use the cash from the sale to reimburse its expenses related to the platform’s construction.

Phased work to remove Heimdal and Veslefrikk A from the Norwegian North Sea shelf should be completed sometime in 2025.

The NeoLith pilot plant is on track to begin operations before the end of the year.

As the saying goes, the future is now. This is certainly the case offshore Norway, which represents one of the industry’s most influential test beds for impactful innovation.

A new white paper reports that Houston is better poised than anywhere else in the US to play a far more significant role in reducing emissions from industrial sources.