Latest News

The complete paper presents a methodology designed for optimally matching drill bits, mud motors, and bottomhole-assembly components for reduced failure risks and improved drilling performance.

ODDS—organization, due diligence, data, and scrub. These four important steps can make sure you are ready to implement artificial intelligence in a way that leads to a successful project.

Financial analytics company S&P Global and information provider IHS Markit announced they have agreed to merge in an all-stock deal that values IHS Markit at $44 billion.

The London-based company is seeking to restructure more than $3 billion in debt as it struggles to find work for its offshore fleet.

ExxonMobil has trimmed its future spending by more than 30% and said it will seek to divest from gas assets in the US, Canada, and Argentina.

A Canadian company reports that it has drilled and completed a historic horizontal well in Saskatchewan.

Startup Cerebras benchmarked its pint-sized computer against 16,000 Xeon cores in the Department of Energy's Joule supercomputer on a problem of computational fluid dynamics.

Oil and gas producers in Europe commit to reporting emissions, but major US firms do not.

Despite having strong wind resources and promising record-breaking capacity factors, most sites globally are unsuitable for bottom-fixed units. Floating wind will provide part of the solution for countries seeking to decarbonize their electricity.

Wind energy sources located offshore present challenges in transporting large amounts of energy. Energy transport through hydrogen molecules may be a solution. The PosHYdon project is intended to build experience with offshore H2 production and test power-to-gas technologies and integrated systems.

This paper’s intent is to provide a basic understanding of offshore renewable energy, including descriptions of wind and marine-hydrokinetic devices, with a focus on the physical and technical issues.

At least one investment firm thinks there is money to be made in oil and gas operations and is putting up $900 million in equity to fund a startup by two veterans from Felix Energy.