Asset Management
The GRMS system of standardization and classification for geothermal resources, led by a coalition of stakeholders in collaboration with Project InnerSpace and the Society of Petroleum Engineers, will be published in November.
Argentina’s President Javier Milei met with TotalEnergies CEO Patrick Pouyanné and Eni CEO Claudio Descalzi in Paris to discuss Argentina’s energy sector, including projects linked to the Vaca Muerta shale formation and the development of the Argentina LNG export project.
Known as Arena, the collaboration aims to improve decision-making across increasingly complex reservoirs and growing volumes of subsurface data.
-
The government of Oman has transferred its stake in one of the Middle East’s largest oil blocks to a newly established firm. By royal decree, the new, state-controlled Energy Development Oman (EDO) will hold the country’s 60% stake in Block 6. The stake was moved from Petroleum Development Oman (PDO), another government-run company.
-
South American country looks to revitalize its offshore oil industry by offering 32 new blocks for exploration
-
Total number of applicants down for latest Barents Sea frontier licensing round.
-
Independent producer’s 2021 exploration budget will remain flat at around $150 million.
-
Ease of use and crowd-pleasing economics are driving US shale producers toward wet-sand completions. Chesapeake Energy is among the latest converts and explains why it wants to use wet sand on every new well.
-
Oil major sells its holdings in Egypt’s Western Desert.
-
Partnership will move forward with the multibillion dollar Australian gas and condensate development.
-
Once heralded as a major achievement of Mexico's energy reforms designed to entice foreign investment, control of the Zama field has been in dispute for 2 years and is now likely to be decided by industry regulators.
-
The major rule change adopted this month also gives oil and gas producers a deadline to capture 98% of their produced gas by 2026.
-
The World Economic Forum’s Human Capital initiative has been implemented at Satbayev University in Kazakhstan for the past 2 years. This paper assesses the effectiveness of project components, such as industry guest lectures, summer internships, and program improvement, and provides lessons learned for human resources development.