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The company announced both contract awards simultaneously. The new contract awards could be worth up to $800 million.

The prescribed treatment for market- and virus-induced oil price collapse is to quickly slow production growth. Two US shale companies moved swiftly to cut the pace of drilling and completions, but it is too soon to know if that will have any impact.

Sandvik said it received the first large-scale stainless steel umbilical tube order for Mero. The tubes will be encapsulated by Prysmian Group.

Flaring has roughly tripled in 2 years in the Permian. As flaring has skyrocketed, so have the calls to curb it. But there is little agreement on how that should be done.

SPE is actively monitoring the situation and potential impacts on future activities. The health and safety of our members, attendees, and staff is our highest priority, and that will guide our decision-making.

The partnership will fund research projects that aim to improve the understanding of the environmental impacts of decommissioning and provide guidance on best options from an environmental perspective.

Equinor and partners Shell and Total have completed the drilling of a confirmation well south of the Troll field in the North Sea. The purpose of the well is to determine the suitability of the reservoir for carbon dioxide storage.

A federal judge in Idaho has voided nearly 1 million acres of oil and gas leases on federal lands in the West, saying that a Trump administration policy that limited public input on those leases was “arbitrary and capricious.”

SPE Connect discussions are a lot of fun, well worth the time one invests, and who knows where it may lead you.

MIT Professor Aleksander Madry strives to build machine-learning models that are more reliable, understandable, and robust.