Shell

The major’s dominant showing in US Gulf of Mexico Lease Sale 252 propelled another rise in bids and dollars for the biannual regionwide auction.

Data volumes are growing at an exponential rate. How can high-performance computing solutions help operators manage these volumes? Will faster, stronger processors and cloud computing solutions be the answer?

Oil companies generate an enormous amount of data but are reluctant to share it. But more sharing of information may be required in the future to keep up with a rapidly changing energy landscape.

The announcement comes 7 months after the two received permission to begin the tendering process for the project offshore Nigeria, which is expected to carry a peak production of 225,000 BOPD by 2022.

Wood and KBR inked a multimillion-dollar contract to deliver integrated front-end engineering design (FEED) for Shell Australia's Crux project to build a not-normally-manned (NNM) platform and gas export pipeline located approximately 600 km north of Broome, offshore Western Australia (WA). The Crux field water depth is 110 to 170 m.

The SPAs signed with Shell and Tokyo Gas take Anadarko’s long-term sales from the project to more than 7.5 mtpa, with additional deals expected in the near future.

Petrobras and Shell have brought online the Lula field’s seventh FPSO as the firms continue to ramp up production from the pre-salt Santos Basin.

Saipem is taking the lead in advancing the capabilities of FlatFish, an autonomous underwater vehicle being developed by Shell for commercial application by 2020.

Royal Dutch Shell is heavily investing in research and development of artificial intelligence, which it hopes will provide solutions to some of its most pressing challenges.

The backing of one of the world’s largest oil and gas companies aims to put this emerging digital technology on the path to widespread adoption.