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In 2018, Murphy Oil launched an initiative to open-source all internal live streaming data to its engineers. The process led it to implement a global data historian and a corresponding visualization tool. The insights provided are shaping the future of operations at the company.
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Physicists have been talking about the power of quantum computing for more than 30 years, but the questions have always been: Will it ever do something useful, and is it worth investing in?
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Service firms are diversifying their portfolios, in part driven by large-scale budget cuts among operators since the industrywide downturn.
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A slew of data science jargon is flooding the industry, and one impediment to the digital transformation is confusion over associated terminology. The Society of Petroleum Engineers is beginning to make a concerted effort to help demystify the buzzwords, and this article kick starts that effort.
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The FPSO, MODEC's largest size of "gas FPSO" to date, will be the first application of the contractor’s M350 Hull, a next-generation newbuilt hull for FPSOs.
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Integrated engineering, procurement, and construction (EPC) contractor, Global E&C, has been awarded a contract as the default construction contractor for a number of EnQuest’s UK offshore assets and has also secured a position on EnQuest’s EMRS (engineering, modifications, and repair services) framework for brownfield services (including survey, engineering, and fabr…
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GAO believes BOEM often undervalues its tracts offered to operators in offshore lease sales.
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Equinor and the Snorre and Gullfaks partners have made a final investment decision for the Hywind Tampen offshore wind farm development. By reducing the use of gas turbines, the project helps cut CO2 emissions by more than 200,000 tonnes/year.
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The Esox-1 well encountered 58 m of high-quality oil-bearing Miocene reservoirs and will be tied back to Tubular Bells production facilities.
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New Mexico released data on excess greenhouse emissions from oil and gas operations to keep the public informed of the problem, as the state continues to develop stricter policies to regulate air pollution from the industry and other sources.
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This year’s Texas Department of Transportation “Be Safe. Drive Smart” campaign will focus on safety especially in high-traffic oil and gas production areas.
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The venture arm of the oil giant has put $5 million toward the parent company of Finite Carbon, a US-based company working on sustainable forest management to offset carbon emissions.
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