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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Contracts for the Uaru project’s FPSO and subsea installation were awarded to MODEC and Saipem. -
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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The authors of this paper discuss deep closed-loop geothermal systems as an alternative to traditional enhanced geothermal systems for green energy production that is globally scalable and dispatchable.
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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 the building of a geomechanical model for an offshore field that integrated drilling, geology, petrophysics, and reservoir data to play a major role in the drillability and deliverability of the reservoir.
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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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Controversial metals-rich nodules sitting on the seafloor could hold the key to increased battery production needed to support the energy transition.
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The upstream oil and gas industry continues to drive innovation in its quest to solve the monumental challenge of supplying energy to the world in an affordable, secure, and sustainable way.
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Geologists have identified a formation with a world-changing potential for carbon dioxide storage, but some engineering is required.
