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Ireland’s decision to end fossil fuel exploration, which was announced by Taoiseach Leo Varadkar at the recent UN climate summit, means the republic is among the first countries in the world to get out of oil and gas production.

The service company and independent verifier are aiming to develop a methodology for qualifying the integrity of digital twins, which they say will help level the industry’s varying technical definitions of, and expectations towards, the technology.

With recent advances in AI being enabled through access to so much big data and cheap computing power, there is incredible momentum in the field. Can big data really deliver on all this hype, and what can go wrong?

Located offshore the city of Batangas, approximately 2 hours south of Manila, the Luzon LNG project will include a fully integrated turnkey FLNG terminal, arranging the necessary supply of LNG and distribution of natural gas across the island of Luzon.

Remote and integrated operations can make production safer and more efficient. Despite this, the industry has struggled to implement these clearly effective techniques.

A bearish future prospect and the digital transformation of the industry are forcing oilfield service companies to restructure their service delivery accountability and improve the interfaces between software and traditional segments.

ExxonMobil has now made 14 discoveries offshore Guyana, while Tullow's announcement of its second find in the basin comes just a month after reporting its first.

A quick look at how serious oil and gas companies are about decarbonization and who is doing most in the space.

Oil prices rose on the news that Saudi Arabian production was disrupted by aerial attacks. The massive outage might may boost US exports to new highs.

As part of a plan to increase revenue to more than $1 billion by 2023, the engineering and construction company is moving away from large offshore platforms with fixed substructures, saying that it expects to win and execute a series of FPSO projects in the future.