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One year after the Johan Sverdrup field came on stream, Equinor says digital technology has proven to be key to safety and value in all parts of the operation, increasing earnings by more than $200 million.

The sale of Chevron’s interest in the IDD project is part of its cost-cutting measures.

The Bubbleheads, a team of four deep-sea saturation divers, share the view of a bellman. 

As the science has developed, accident-causation models have improved understanding of why accidents happen and how to reduce their likelihood. In more contemporary models, this approach also has been used to improve the understanding of why things go right and how to increase that likelihood.

Incorporating imagination into AI agents has long been an elusive goal of researchers in the space. Imagine AI programs that are able not only to learn new tasks but also to plan and reason about the future.

Plugging and cleaning up the open oil and gas wells in Texas could cost companies and taxpayers as much as $117 billion, according to a new report.

Total Chief Executive Officer Patrick Pouyanne called on European nations to help Mozambique fight an insurgency, backed by Islamic State, in part of the East African nation where the energy company is developing a natural gas project.

The rise of automation has been a common theme in stories that touch almost every business sector. One of the places where automation has shown the most value has been in enterprise security, where it can reduce costs and mitigate vulnerabilities in many instances.

Santos is a step closer to the go-ahead for its Narrabri coal-seam gas project after gaining approval from a government planning commission. It is planning workover activities on existing wells and an appraisal drilling program.

Brazil’s national oil company estimated a reduction of 22 to 38% in capital expenditures in E&P from its 2020–2024 strategic plan and expects to spend $6 billion through 2024 to decommission offshore platforms and wells and underwater gas pipelines.