Management
While physical damage to energy infrastructure has so far been limited, analysts caution that a prolonged conflict could drive prices higher even as OPEC+ proceeds with planned incremental supply increases.
The integrated field management services contract signals an evolution of KBR’s role at Majnoon from one of stabilizing production to a more complex and sophisticated role that takes responsibility for integrating full upstream operations.
The Spotlight on New Technology Awards recognize breakthrough innovations that demonstrate significant technical advancement and potential impact across the offshore energy value chain. The awards will be presented during OTC Asia, 31 March–2 April, in Kuala Lumpur, Malaysia.
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The capital intensity of energy operations provides a challenge for early-stage companies looking to stand out. What makes companies innovative, and where are the areas where venture capital is seeing the most innovation? -
The energy industry is in a rapid transition, with growing competitive pressures and the critical long-term need to reduce global carbon emissions, BP Group Chief Executive Bob Dudley said in introducing this year’s BP Energy Outlook.
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The future of unconventional exploration will require a break from the status quo. With well productivity stalling, it is time to look for a new plan of attack.
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Startup company Eviation is aiming for its 9-seat commuter aircraft to be flying passengers by 2021 after signing up South Korea’s Kokam as its battery supplier. The battery will have 9,400 cells distributed throughout the aircraft including the ceiling, floor, and wings, weighing 3.8 tonnes, or 60% of the maximum takeoff weight.
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Onshore development is increasing production, while investors demand greater operational efficiencies. Operators and service companies are striving to strike the balance between fiscal discipline and growing their production. How low can costs go, and for how long?
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Oil industry acquisitions appear ready to increase in 2018 and shift from survival strategies toward growth objectives, according to key business observers at global professional services firm EY.
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Drilling and completion expenditure and activity is projected to show multiyear double-digit growth from 2018–2022 despite a flattening of rig count increases.
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Delayed final investment decisions during the final quarter of 2017 led to more than double the combined count in 2015 and 2016.
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This year’s OTC awards will go to individuals and companies that have made significant contributions to the offshore section.
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Continued growth in production driven by natural gas, along with a modest increase in US energy consumption, will lead the US to become a net energy exporter within 4 years according to a new report from the EIA.
