Asset Management
Known as Arena, the collaboration aims to improve decision-making across increasingly complex reservoirs and growing volumes of subsurface data.
Robotic and autonomous systems are transforming energy operations, but their full value emerges only when paired with data science, engineering analytics, and AI/ML to turn data into decisions. The transition of the SPE Robotic & Autonomous Systems Technical Section into the SPE Data Science & Engineering Analytics Technical Section helps bridge this critical technolo…
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
-
The Angolan project is expected to add 30,000 B/D of oil production by year-end 2024. -
Amin Nasser said the European energy crisis is a direct result of underinvestment in the oil and gas industry and poor contingency planning.
-
The Sydney-based company announced it will also seek to exit all of its upstream permits with the exception of its major LNG joint venture.
-
Vår Energi cited increased work scope, continued impact of global supply chain challenges for spike in the estimated cost of the Norwegian Continental Shelf project.
-
The decision to spend more than $700 million comes 4 years after the French giant shelved the project amid low oil and gas prices.
-
The energy giant is set to gain new leadership in the new year.
-
The sale had 307 valid high bids worth more than $190 million.
-
The Biden administration seeks to cut the cost of enhanced geothermal systems by 90% by 2035.
-
To combat rising prices ahead of winter, the UK will subsidize household energy costs and work to expand domestic energy supplies across the board.
-
The Rosmari-Marjoram project will be developed utilizing subsea wells and solar power.
