Asset Management
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.
The Seismos full-scale research center opens to industry, universities, and national laboratories, advancing acoustic sensing across upstream energy, pipelines, critical infrastructure, and national security.
The Society’s archive of technical papers, maps, figures, and geological data sets will be integrated into the GIX platform, enabling geoscientists to query AI agents about exploration opportunities within specific geographic regions while combining historical research with public data, proprietary information, and advanced analytics.
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OPEC and a Russian-led group of non-OPEC producers agreed to extend their deal to collectively curb oil production until the end of 2018, following through on their efforts to rebalance the oil market and support higher crude prices. -
KBR announced it has been awarded the Concept and front-end-engineering-and-design contract by Statoil for its ground-breaking Northern Lights project to develop an onshore carbon dioxide storage terminal in Norway.
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One of the largest presalt discoveries offshore Brazil has started producing oil. Libra field’s 1-year extended well test will provide technical data and cash for future development, which envisions three more FPSOs.
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Oil and gas professionals may not consider solar power to be a serious threat, but it is poised to make serious inroads into the heating and cooling market.
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SNC-Lavalin was recognized by the Rice Global Engineering & Construction Forum’s Award of Excellence for the fast-track installation of a 150 MMcf/D natural gas processing plant for production from the offshore Venezuela Perla field.
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Shell reported it has not observed any signs of oil on the water associated with a fire on the Enchilada platform, located in the US Gulf of Mexico.
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GATE Energy is the most recent contract awardee for Noble Energy’s Leviathan project offshore Israel. It will provide the commissioning of the production platform for the megaproject.
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The president of Chevron Technology Ventures discussed how startup companies can fill the gaps in a rapidly changing technological ecosystem, and Chevron's mechanisms to understand the role startups can play in its operations.
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Column: Oil consumption is expected to remain relatively high, even after assuming that worldwide climate change goals have been achieved.
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Linn Energy recently sold its Williston Basin properties for $285 million. This deal brings Linn’s year-to-date total sales agreements to more than $1.5 billion as it financially restructures after bankruptcy.
