Asset Management
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
Applications are now open for the OTC Spotlight on New Technology Awards, the offshore energy sector's leading innovation honors. Recognizing technologies that advance operational efficiency, sustainability, and performance, the awards spotlight game-changing solutions from OTC exhibitors. Submit your entry and supporting documents by 28 January 2027.
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
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Calgary's Strathcona Resources is adding 35,000 BOE/D in a deal that will boost its total output to 185,000 BOE/D. -
SponsoredThe Wyoming Gas Injection Initiative (WGII) makes available $22 million of matching funds from the State of Wyoming to implement, in close collaboration with oil and gas operators and Dow, multiple field pilot projects in the State of Wyoming. The Initiative will fund projects over a 3- to 5-year period to support developments with significant potential to enhance wel…
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The two oil producers said they may invest in industrial-scale direct air capture and other decarbonization projects in both the UAE and US.
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The wells in its Tishomingo field add more than 1,500 BOE/D to the company’s production.
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This paper describes an offshore hybrid power-generation concept incorporating a wind-turbine system in a low-wind area of Malaysia.
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This paper describes an effort to increase value creation in Troll Phase 3 by reducing the pressure drop along the value chain from the reservoir through the wells, subsea systems, pipeline, and tieback.
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While innovation steadily advances technologies to produce geothermal energy, the determination of clearly defined laws and regulations is playing catch-up—state by state and case by case in courts. And until it does, scaling up of this promising energy source is at risk of being hamstrung.
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The expanded scope of our evolving industry means that members of the petroleum engineering profession will enjoy a long, rewarding career. At the same time, we will need to continue developing our competencies to enable expected contributions in producing new forms of energy resources.
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Operators share emissions-mitigation research insights amid calls to accelerate to meet 2030 goals.
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Part 3 of this series looks at the importance of performance analysis and how to generate the economic benefit for solving conformance or sweep efficiency problems. The economic elements of this review are very basic, but they will help you to determine a more-accurate understanding of the true economic benefit.
