Asset Management
CERAWeek panelists see AI as a way to leverage data and people in interpreting data for exploration, but a cultural shift at companies may still be needed.
Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.
In this study, forward simulation is executed by a commercial reservoir simulator while external code is developed for backward calculations.
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One expert says there needs to be a transfer of safety culture from the traditional energy industry to the newer offshoot of renewables. -
The consortium will leverage the oil and gas industry's 100+ years of experience and technological developments in drilling and subsurface engineering to advance geothermal.
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Shell and Equinor are progressing the project toward a final investment decision, which is expected later this year.
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Contracts for the Uaru project’s FPSO and subsea installation were awarded to MODEC and Saipem.
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The deal covers the supply of a subsea production system for the Uaru project in the country’s prolific Stabroek Block.
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Offshore work related to the contract is slated to begin in 2024.
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Considering the admirable perpetual transformation of the deepwater sector and the crucial impetus for change in the industry, the yearning for aggrandized and augmented innovative advancements is needed more now than ever.
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This paper describes a solutions hub that integrates engineering tools to maximize value and improve decision quality using recent digital technologies.
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One new license holds the future location of the Gale exploration well.
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Controversial metals-rich nodules sitting on the seafloor could hold the key to increased battery production needed to support the energy transition.
