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.
-
Regulator hits the brakes on any Jeanne d’Arc Basin acreage offerings for 2023. -
The Kremlin’s agreement to settle payment enables the equity transfer to be finalized.
-
After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
-
The Denver-based company bulks up its Permian position with the purchase of three EnCap Investment portfolio companies.
-
Controversial Sale 259 was conducted as mandated by the Inflation Reduction Act of 2022.
-
Chad’s dispute with ExxonMobil and Savannah Energy may be headed for a second round of arbitration before the International Chamber of Commerce in Paris.
-
The proposed transaction also would be the first step in establishing a joint venture between BP and ADNOC.
-
The massive offshore field inches closer to first production with the filing of the unit development plan with Mexican regulators.
-
The approval adds momentum to the Alaska North Slope’s production revival.
-
The acquisition deepens Equinor’s holdings in one of is core regions and will add 15,000 BOE/D of new production.
