Asset Management
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
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In this paper, the authors describe a model that uses augmented artificial intelligence to optimize well spacing by use of data sculpting, domain and feature engineering, and machine learning. -
Gas flows from Shell’s first greenfield project in Trinidad and Tobago.
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A well-pattern-design work flow proved able to identify substantially better patterns than the traditional approach for a giant mature field.
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Recent history has taught the unconventional sector that overly optimistic production forecasts can backfire. Going forward, one solution may be to combine financial and subsurface models to better communicate expectations.
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Country ceases hydrocarbon licensing to focus on greener forms of energy production
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The project’s new wellhead platform will be powered by a renewable energy system.
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The Biden administration has appealed a district court decision to restart oil and gas leasing programs in the US.
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The energy transition was present but not at center stage at recent earnings calls as majors celebrated their improving financial performance.
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Contractor, operators will work to bring thermoplastic composite pipe (TCP) flowline and riser technology to market.
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The contracts will cover concept and other project engineering services for at least the next 5 years.
