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Since 2000, Brazilian Petrorecôncavo, which specializes in revitalizing mature onshore fields, has performed operations and project implementation services in most fields of the Remanso Cluster.
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The $533-million field has a production capacity of 27,000 BOE/D and estimated reserves of 1.2 billion BOE.
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Understanding the impact of oil and gas operations and embracing transparency around data better equips companies to take transformative action and “bounce forward” rather than back. The increased speed in realizing actual value delivers benefits to the bottom line, now and in the energy future.
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After struggling for years to attract investors and develop its oil-rich fields, the kingdom will extract oil discovered in the Gulf of Thailand in 2004.
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The offshore Equatorial Guinea project is a key step toward country’s mega hub status.
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Massive Russian Baltic Sea gas export line faces scrutiny, sanctions from the West.
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Transmission firms say that future-proofing the pipeline network will assist the transition to a green economy.
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WaveCrest Energy will develop, build, and own LNG assets to service underserved markets.
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China is seen as leading the way for consumption growth in the coming decades.
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The cultural perception of AI is often suspect because of the challenges in knowing why a deep neural network makes its predictions. So researchers try to crack open this black box after a network is trained to correlate results with inputs. But what if the goal of explainability could be designed into the network's architecture, before the model is trained and withou…
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ExxonMobil details its massive reduction in the value of its reserves, just as the benefits of all that hacking are starting to become apparent.
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Using a method called quantum annealing, D-Wave's researchers demonstrated that a quantum computational advantage could be achieved over classical means.
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