Latest News

The Dutch major said it has filed an application for drilling operations in the North Slope as part of an effort to help attract buyers to 18 leases it purchased rights to in 2012.

There is a lot of talk these days about transitions. There are technology transitions going on. There are demographic and cultural transitions in the workforce and in society at large. But the one I want to focus on in this column is the so-called “energy transition.”

Deep learning is routinely used in products and services that affect hundreds of millions of lives, despite the fact that no one quite understands how it works. Now, the Office of Naval Research has awarded a $7.5 million grant to a group of researchers who think they can unravel the mystery.

“Being mindful is about being intentional,” said Ahmer Inam, chief AI officer at technology consulting firm Pactera Edge. “Mindful AI is about being aware and purposeful about the intention of, and emotions we hope to evoke through, an artificially intelligent experience.”

The IOGP Safety Committee has conducted a multiyear strategic project to focus on fatality prevention, known as Project Safira, which addresses transportation safety, personal safety, and process safety. This paper presents data-analysis work conducted on process safety and the associated learnings.

The companies say they will expand their existing technology collaboration to create and deliver solutions to help customers, suppliers, and other businesses lower emissions.

The oil major said it will now work with Global Thermostat on technology that would remove carbon dioxide directly from the air.

The service companies plan to co-market an emerging well control system that can integrate with established managed-pressure-drilling components to enhance well construction safety and efficiency.

The question is: Why do workers continue to get injured on the job despite federal standards interjecting?

As part of its sustainability strategy, Maersk Drilling has set a target of lowering the intensity of carbon dioxide emissions from its drilling operations by 50% by 2030. The target is supported by Maersk Drilling’s strategic focus on efficiency gains, which also leads to reduced emissions.

PowerChina said railway plans are moving forward under Argentina’s current administration and China could provide the financing for the $1.2–1.5 billion project.

The author of The Prize talked recently about his newest book on the energy transition and what he sees as the most dynamic forces shaping the things to come.