Asset/portfolio management
Two examples from ONGC show how supervised AI-driven automation scaled well modeling across hundreds of offshore wells, saving more than 1,000 engineering hours.
Examples demonstrate how an Integrated Operations Center as a Service (IOCaaS) model, powered by artificial intelligence, reduced costs by 5% and increased production by 6% in Canada.
Equatorial Guinea government formalizes deal that paves the way for Block I development.
-
Grupo Carso is securing a significant interest in the field ahead of final investment decision. -
The deal is expected to add over $1 billion in annual free cash flow to Chevron’s bottom line.
-
Magellan will be merged into a newly created 100% wholly owned subsidiary of ONEOK, which anticipates an 'increased presence in sustainable fuel and hydrogen corridors.'
-
The $540 million joint acquisition is expected to close in June.
-
Eagle Ford sees ‘surprising resurgence’ as buyers look to secure the play’s mature assets.
-
The independent sells out of south Texas shale, while expanding its Permian presence in separate deals.
-
It takes only 3 days for an LNG carrier or oil tanker to reach India from East Africa where Tanzania is destined to become an LNG exporter together with its neighbor Mozambique and a transit point for Ugandan oil exports.
-
The French supermajor calls deal "more straightforward" than spin-off of business.
-
The vessel has been under bareboat charter with the company since its delivery in June 2020.
-
Already a partner in the Cameron LNG export facility in southwest Louisiana, Mitsui now expands its US gas and LNG exports with an investment in upstream unconventional assets.
