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Of the total $380 billion of projected investments, about 60% ($234 billion) is likely to come from producing assets, which have two main spending channels: facility and well capital expenditures.
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We can long for things to return to "normal," and they may to some extent. But the changes in our culture that the pandemic brought will have a lasting impact.
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The UAE produced 4 million B/D this year and is looking to these newly discovered resources to reach 5 million B/D by 2030.
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The practice of burning off natural gas is relatively rare in Colorado, but tough rules on flaring and venting may help the state meet greenhouse gas reduction goals.
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Canada’s methane emissions from the oil and gas sector in Alberta and Saskatchewan are almost twice as high as had been previously reported, according to a new study by federal government scientists.
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This paper presents a ubiquitous sensing network that has been developed, tested, and piloted at several oil and gas facilities as well as at an in-house simulated well site. The system integrates wireless methane sensor nodes, weather sensors, and other edge devices for autonomous operation.
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The AI partnership combines Wood’s optimization platforms with Cognite’s Data Fusion product to develop solutions for the energy transition and free up data from fragmented and legacy systems.
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Final lab testing has been completed and field trials of the ultrahigh expansion bridge plug will begin by the end of this year.
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Augmented reality is gaining momentum in monitoring hazardous environments such as oil rigs remotely. With advances in sensors, video processing, machine learning, and deep neural networks all rendered into eyewear, there is an opportunity for enterprises to leverage this technology.
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The oilfield service company said it expects to set emissions-reduction targets by next year to meet the goals of the Paris Accord.
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The Abu Dhabi National Oil Company announced that it has completed the first phase of its large-scale multiyear predictive maintenance project, which aims to maximize asset efficiency and integrity across its upstream and downstream operations.
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The Azeri Central East platform is the first of its kind to be designed through all phases, from concept to front-end engineering design and detailed design, to fully use KBR’s digital twin technology.
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