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A slew of data science jargon is flooding the industry, and one impediment to the digital transformation is confusion over associated terminology. The Society of Petroleum Engineers is beginning to make a concerted effort to help demystify the buzzwords, and this article kick starts that effort.

GAO believes BOEM often undervalues its tracts offered to operators in offshore lease sales.

Equinor and the Snorre and Gullfaks partners have made a final investment decision for the Hywind Tampen offshore wind farm development. By reducing the use of gas turbines, the project helps cut CO2 emissions by more than 200,000 tonnes/year.

The Esox-1 well encountered 58 m of high-quality oil-bearing Miocene reservoirs and will be tied back to Tubular Bells production facilities.

With McDermott announcing “substantial completion” of the production platform, operator Pemex is expected to begin commercial operations soon. Abkatun-A2 will produce up to 220,000 BOPD from shallow-water fields in the Gulf of Mexico.

The Sidri 36 appraisal well confirmed the downdip westward extension of the Sidri 23 discovery announced last July by the Italian major.

Italian oil major Eni formally committed not to perform oil and gas exploration and development activities within the boundaries of natural sites included in the UNESCO World Heritage List.

The large independent says while it is proud of its origins and history, it must make a move to attract new investment and be seen more as an oil producer than a gas producer.

Technip Energies will work on a backlog comprising more than 50% in LNG-related business. Retaining the TechnipFMC name, RemainCo will generate nearly 90% of its revenue outside the US and Canada.

First oil from the 120,000-B/D Liza Destiny floating production, storage, and offloading vessel, which arrived on the block in late August, is targeted for December.