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.
-
The acquisition plan supplants earlier merger agreement with new terms and a potential faster timeline for the combination.
-
A duo of deals sees BP snapping up a US biogas producer, while TC Energy invests in producing biogas from Jack Daniel's byproducts.
-
M&A market activity in the third quarter delivered the best showing of 2022 despite price volatility and a dearth of deals in the prolific Permian Basin.
-
SponsoredUse AI and ML to automate workflows and analyze data within minutes. Employ a fit-for-basin approach designed for US-centric workflows.
-
The acquisition expands Talos' footprint in the deep GOM, giving it ownership stakes in key infrastructure.
-
The Sydney-based company announced it will also seek to exit all of its upstream permits with the exception of its major LNG joint venture.
-
The sale had 307 valid high bids worth more than $190 million.
-
SPE has established three new technical sections—the Management Technical Section, the Methane Emissions Management Technical Section, and the Data Science & Engineering Analytics Technical Section.
-
A Schlumberger, Aker Solutions, and Subsea 7 partnership will collaborate on international subsea projects.
-
Eni and TotalEnergies’s newest gas discovery offshore Cyprus confirms geologic ties to Egypt’s Zohr field, the Mediterranean’s largest natural gas field.