Asset Management
The Society’s archive of technical papers, maps, figures, and geological data sets will be integrated into the GIX platform, enabling geoscientists to query AI agents about exploration opportunities within specific geographic regions while combining historical research with public data, proprietary information, and advanced analytics.
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
Despite significant progress in capturing associated gas for domestic use, Iraq remains the world’s third-largest gas-flaring country as it aims for higher oil and gas production targets.
-
The contract is for Equinor’s unmanned process platform at the Krafla field in the North Sea, with plans for tie-in to an Aker BP host platform in the North of Alvheim area. -
The research will focus on potential policy changes that could help increase oil and gas production from deepwater infrastructure already in place in the Gulf of Mexico to reduce stranded assets.
-
Saudi energy minister warns speculators not to bet against the OPEC+ alliance.
-
Personnel are returning to platforms in the Gulf of Mexico after Hurricane Sally was downgraded to a tropical depression late Wednesday, but the threat of another major hurricane remains as a tropical storm may form in the Gulf of Mexico today.
-
Seadrill is seeking options to restructure its $7.3-billion debt. The offshore driller previously emerged from Chapter 11 bankruptcy protection in 2018.
-
The tech giant and supermajor have been working on cloud solutions already, but in a new agreement, they will combine their talents to create new technologies for oil and gas as well as energy consumers.
-
A new open innovation studio aims to use crowdsourcing to redefine the future of oil and gas exploration.
-
This year’s outlook contains scenarios that suggest peak demand has already arrived because of a global pandemic and an accelerating energy transition.
-
A former chief operating officer at Exterran Corp. will take the helm of the Houston-based oilfield services company in October.
-
Although OFS employment is at its lowest point since March 2017, job losses slowed in August as companies start to recover.
