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.
-
US shale operators are cutting deeper, with some eliminating drilling and completions activity altogether. -
The JIPs managed by DNV GL and Berenschot focused on 3D-printed-component certification and supply chain set-up.
-
Oil and gas operators played it safe in the latest offshore auction by placing about half the high bids typically made. As a result, the total dollar commitment for the round was the lowest since 2017.
-
The world’s second-largest service firm has seen its share price tumble by 75% as a result of the COVID-19 pandemic and a brutal price war. Workers at Halliburton’s main campus are among the first to feel the impacts.
-
TechnipFMC will utilize its service base and umbilical factory in Angola for the EPCI contract.
-
SponsoredDeveloping a reservoir with current capex constraints requires innovative technology to provide reliable reservoir production insight. This article describes how chemical tracer technologies can be integrated into reservoir development plans to reduce risk, minimize capex, and maximize ROI.
-
More than 200 companies could become insolvent in the UK and Norway. This number may be larger when including the rest of Europe.
-
Oil prices got bad fast, so when will they get better? Don’t bet on a quick recovery.
-
The company plans to split when the markets recover.
-
In its first response to the Russia-Saudi Arabia price war, the US government will purchase up to 78 million bbl of crude to protect domestic producers.
