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The Spanish E&P company plans to invest more than $11 million by the end of 2018 on startups working in established priority areas, which include resource reuse and sustainability measures.
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The technology will provide Equinor a continual feed of updated reservoir information from its Johan Castberg and Johan Sverdrup fields with the aim of improving well placement, production, injection, and—ultimately—recovery.
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Oil-producing countries are adopting a variety of strategies to shield their industries from climate action, seeking not just to survive but to recast their businesses in ways that provide competitive advantages, according to a paper by an expert at the Center for Energy Studies at Rice University.
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In the dry, dusty plains of West Texas, home to America’s most prolific oil play, the problem isn’t too little water. It’s too much.
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DNV GL has published a paper to support the safe use of artificial intelligence. The paper asserts that data-driven models alone may not be sufficient to ensure safety and calls for a combination of data and causal models to mitigate risk.
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The engineering company Cosmodyne will work directly with the utility company and its EPC contractor for the project, which will utilize its LINEX natural gas liquefier.
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A marked change from a decade ago, Appalachia, the Permian, and the Haynesville now represent almost half of total US gas production, EIA reports.
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Though many people understand that employers have workplace responsibilities regarding their employees' health and safety, far fewer understand that the employees also have certain legal obligations they must meet.
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Operators are increasing capital budgets in the wake of tariffs and quotas initiated by the US government on steel imports, and the product exclusion process has revealed a host of other issues. If the tariffs are here to stay, what does industry hope to see moving forward?
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Petrofac appointed Fady Sleiman chief digital officer. Fady joins from MENA investment company Waha Capital, where he was chief information officer/group head of IT for the Abu Dhabi-based company from 2014. Prior to that he was CIO and head of Innovation Centre Strategy for General Electric MEA based in Dubai, having held a number of roles across GE’s business portfo…
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Machine learning and artificial intelligence technology offer offshore operators the chance to automate high-cost, error-prone tasks to avoid the effects of inconsistency and errors in analysis, improving efficiencies and safety.
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Video games have been seen as a big waste of time for years by parents around the globe. But now, the oil and gas industry sees the underlying technology as a big time saver.
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