Asset Management
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
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.
A credible custody-transfer record depends on far more than the accuracy of a single meter. It is the product of an integrated measurement chain. While meter performance supports measurement-system integrity, commercial confidence also depends on traceability, governance, and authorization.
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The company's industrial services business provides integrity and fabric maintenance for assets in the offshore oil and gas, process energy, marine, and infrastructure sectors across the UK and Ireland. -
The most recent hydrocarbon production boom is under way in the Middle East, and this time, the race is spilling into offshore waters.
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Oil Plus Ltd has been awarded contracts in excess of $5 million as it enters 2020.
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Artificial intelligence and emerging technologies such as virtual personal assistants and chatbots are rapidly making headway into the workplace. Research and advisory company Gartner predicts that, by 2024, these technologies will replace almost 69% of the manager’s workload.
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Alta Mesa Resources is not the biggest shale startup to go bankrupt, but was its early death rooted in petroleum engineering or financial engineering?
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One of my focus areas as SPE President is strengthening the feedstock of incoming talent into our industry.
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Wood Mackenzie expects the ongoing outbreak and disruption to the world’s second largest economy to be a one-off event, yet it could remove at least 500,000 B/D of crude demand in the short term.
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After 4-1/2 years out of service, the massive Wafra oil field in the Saudi-Kuwaiti Onshore Partitioned Neutral Zone, is set to resume production sometime soon and ensuring a smooth restart is no small order.
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While renewable energy sources are poised to see major growth, possibly displacing natural gas as the top source of electricity in the US, hydrocarbon production will remain above or near current historical highs until at least 2050.
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Topsides for the Peregrino C Platform in the Campos Basin offshore Brazil was installed by the world’s largest crane vessel, Heerema’s Sleipnir.
