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.
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Baker Hughes has acquired the power generation division of the UK’s BRUSH group to grow its turbomachinery portfolio and decarbonization solutions capabilities. -
The Oklahoma City-based tight-oil producer has agreed to acquire Validus Energy.
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Pending US Law Offers Big Boost to CO2 Storage Credits in Exchange for New Fees on Methane EmissionsUsing a carrot-and-stick approach, the US federal government is poised to spur the nation's oil and gas industry into doing more to combat emissions.
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Many hurdles for marinization of green hydrogen production already have been overcome in the offshore oil and wind sectors. A fresh set of challenges, however, will rise around developing and deploying hydrogen production facilities offshore.
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In making a historically small production quota hike, OPEC+ members outline some big concerns about the group's ability to keep up with demand.
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The operator finds around 180 million bbl at Krabdagu, water at Rasper.
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The development comprises a pair of subsea wells tied back to existing infrastructure.
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The award follows BP’s participation in a limited bid round held in 2021.
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The partnership of Subsea 7 and Flasc has a plan to use out-of-service pipelines as pressure vessels in a hydro-pneumatic energy storage concept.
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New awards and extensions to previous work are valued at almost $500 million.
