Asset Management
Conflict‑driven price gains may be offset by higher costs, supply‑chain risks, and a limited appetite for new drilling activity.
The companies' combined technologies enable real-time control of well placement, hydraulics, and rig operations.
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.
-
With the right infrastructure and interoperability, subsea resident robotics could unlock more frequent, cost-effective inspections—and a new standard for offshore efficiency.
-
Emerging solutions could solve current subsea pain points, while a new taxonomy system could clarify the capabilities of the expanding domain of underwater vehicles.
-
Big oil companies are backing direct lithium extraction while the market flashes warning signs.
-
As LNG projects sanctioned earlier this decade come onstream, a shortage of new final and pre-final investment decisions threatens to leave the project pipelines dry at a time when global LNG demand is forecast to surge over the next 15 years.
-
The deal marries Baker’s core competencies in rotating equipment, flow control and digital technology with Chart’s heat transfer, air- and gas- handling, and process technologies expertise.
-
Rystad Energy reports that developers are increasingly turning to floating LNG to reduce costs and accelerate project timelines in response to growing gas demand.
-
The first of four planned Phase 1 wells is flowing from the region’s second 20k-psi deepwater project.
-
Traditionally, the drilling industry has relied on high-fidelity thermal simulators to predict downhole temperature for different operational scenarios. Though accurate, these models are too slow for real-time applications. To overcome this limitation, a deep-learning solution is proposed that enables fast, accurate prediction of downhole temperatures under a wide ran…
-
The latest merger and acquisition report from Enverus Intelligence Research shows deal value fell 21% quarter over quarter.
-
The Begonia and CLOV Phase 3 subsea tiebacks are each sending production to nearby FPSOs.