Asset Management
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
Applications are now open for the OTC Spotlight on New Technology Awards, the offshore energy sector's leading innovation honors. Recognizing technologies that advance operational efficiency, sustainability, and performance, the awards spotlight game-changing solutions from OTC exhibitors. Submit your entry and supporting documents by 28 January 2027.
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
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Over the past 75 years, drillers have gone from the Stone Age to the Space Age when it comes to technological improvements in well construction methods. Yesterday’s crude wood and iron drilling techniques have given way to today’s video game-inspired controls and robotic assistance—much of which migrated from offshore applications. These advancements have driven costs… -
This paper discusses the approach used to sectorize a mature giant carbonate reservoir located onshore Abu Dhabi for the purposes of reservoir management, offtake, and injection balancing.
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Straddling Europe and Asia, the Black Sea is emerging as a frontier for deepwater gas exploration and production as Romania and Turkey drive projects complicated by subsea hazards found nowhere else on earth.
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Maximizing profits in geothermal energy may require the flexibility to adjust output as electricity prices fluctuate. Battery storage can ensure power is available when prices peak.
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This paper delves into the evolving landscape of drilling automation, emphasizing the imperative for these systems to go beyond novelty and deliver quantifiable financial value.
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This paper describes a new application that leverages advanced machine-learning techniques in conjunction with metocean forecasts to predict vessel motions and thruster loads.
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This paper provides insight into designing advanced well completions offshore West Africa with autonomous inflow control devices that enable maximizing the producing life of the wells under various challenging reservoir conditions.
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The Eagle Ford deal comes as the US LNG market's growth remains stunted by policy.
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The facility for open-source carbon capture, transport, and storage has been completed.
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New names and new deals continue to reshape the US shale sector.
