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The company will shell out more than $800 million to acquire interests in the Andrew and Shearwater areas, as well as the Tolmount field, offshore Scotland.

BP says it will supply Amazon Web Services with 170 MW of renewable energy, the equivalent of powering 125,000 homes each year.

The new feature comes from the desire of readers and reviewers to broaden the scope of JPT’s coverage of developments related to digital transformation and the applications that the industry can derive from these exciting possibilities.

Meeting the challenge of climate change requires worldwide action from all sectors of society. Throughout this transition, oil and gas will have a role to play within the mix of energy sources to meet the need for affordable and clean energy products and services.

Telecommunication companies will spend the next 12 months rolling out 5G service for cell phone users across the United States while a Houston company seeks to become the first to provide the ultrahigh-speed technology to oil and gas industry customers in the Permian Basin.

As a result of its investigation into the incident and its findings, the bureau recommends that operators increase scrutiny in the design, placement, and maintenance of their subsea infrastructure.

As capital markets dry up and shale producers look for pathways to growth, oil and gas data analytics firm Enverus predicts the US sector will see a “surge” in mergers and acquisitions in 2020.

The agreement comes 8 months after Saudi Aramco agreed to take a 25% ownership interest in the southeast Texas project. Phase 1 of the project is expected to produce 11 mtpa of LNG.

BW Offshore has signed an extension with Eni subsidiary Nigerian Agip Exploration for the use of the Abo FPSO until the end of 4Q 2020, with options until 4Q 2021. The FPSO has operated at the Abo field offshore Nigeria since 2003. It has a production capacity of 44,000 B/D of oil, a water injection capacity of 33,000 B/D, gas compression capacity of 48.4 MMcf/D, and …

Merging new knowledge and technological capabilities among the disciplines—and beyond—will be crucial to sustaining the industry for the long term.

This paper updates a previous case study and presents the results of actual implementation of an optimized steam-injection plan based on the model framework.

Many forms of remote sensing imagery can be used, along with data sets and the resultant products, to improve the efficiency and safety of upstream oil and gas operations on the North Slope of Alaska.