Asset Management
The Houston-based developer of AI-powered submersible robotics earned the Best in Show Award and a $10,000 prize.
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
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.
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The contracts were awarded in February. Petrofac said it is working with ADNOC to explore alternative options. -
University of Houston Energy asked 408 industry workers to gauge their companies’ response to the global pandemic and economic downturn.
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Halliburton and Schlumberger write-off billions in asset value and signal that more job cuts are coming during the second quarter.
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It has now been nearly 3 months since the one-two punches of an unprecedented modern-day pandemic and a free fall in oil prices due to the oversupply of oil resulting from a tremendous, sudden drop in demand.
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Shut-ins and planned production cuts have not affected crude prices, say industry experts.“It’s like trying to explain something that is unprecedented and seemingly unreal."
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Many reviews of unsuccessful digital-transformation projects point to the lack of the proper organizational culture for the adoption of digital oilfield solutions. What is the right organizational culture for a data-driven enterprise?
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The planned JV is for one of three LNG terminals GCL is planning to build in China.
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The deal is part of the company’s divestment program targeting proceeds of $5 to 10 billion between 2018 and 2020.
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A new report shows that the worst of the ongoing downturn may be soon over. A gradual recovery to global oil markets is expected to begin in the next few weeks.
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Not everybody suffers when US oil producers slash production. Among the beneficiaries could be US gas producers who will benefit because less oil production will mean a lot less gas on the US market.
