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An independent study pegged the cost of the project at about $2.6 billion, 80% of which Norway’s government planned to fund. The ministry said there is uncertainty about Northern Lights’ benefits and that it could prove to be unprofitable.

iHawk, Cyberhawk’s cloud-based asset visualization software, will become Shell’s next-generation visualization software platform for all onshore, offshore, and subsea assets, as well as all global construction projects.

The drop in US LNG exports comes amid a combination of weak demand, ample supply, additional capacity coming on line, and flexibility to cancel US cargoes.

The distressed shale pioneer will wipe away nearly $7 billion in debt and is likely to make major asset sales as it attempts to restructure itself into a profitable business.

Like biological brains, artificial neural networks may depend on slow-wave sleep for learning.

A new diagnostic technology that exclusively uses surface pressure data to map hydraulic fracturing in unconventional reservoirs has helped an operator to improve well completion designs in its Oklahoma field activities. 

Current conditions have made most companies decide to optimize performance of their existing assets, and EOR is a key part of that.

I would like to steer readers’ attention to new technology, advanced modeling, and the interesting topic of fracture hits.

One of the more important aspects of well integrity during drilling operations is early kick detection. Recently, new technologies and re-search have been applied or developed to improve the kick-detection systems and to overcome some of the difficulties.

Our industry is governed by rules that require cleanup and closure of oil and gas facilities after they cease to produce. Unlike a capital project, decommissioning is not something that you can choose to do or not to do.