Asset Management
The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
-
Mooring operations underway following arrival of the GTA FPSO on-site at the maritime border of Mauritania and Senegal.
-
PTSC Mechanical & Construction will execute the turnkey agreement covering a large, fixed platform.
-
Occidental Petroleum is teaming up with its largest shareholder, Berkshire Hathaway, to commercialize lithium extraction in California.
-
Hunt Energy Network invested $10 million into Quidnet to help scale up the company’s concept for geopressured energy storage to the tune of 300 MW.
-
The project to stabilize and maintain the gas field’s production plateau supports Algeria’s bid to underpin its growing role in supplying European gas markets.
-
This paper presents a case study of a North African oil field producing from two Ordovician sands with differing permeabilities where significant benefit was achieved by fracture stimulating one or both intervals in two wells.
-
A new kind of groupie is interested in the heavy metal band Metallica’s tour in Europe, including Shell, big-rig and electric vehicle manufacturers, and producers of hydrogen, biofuels, and LNG. It has less to do with the music than the alternative fuels keeping the buses rolling on the 2-month, 7,200-mile journey across nine countries.
-
JPT’s first year of publication was one of groundbreaking events that would transform the global petroleum industry. A recap of developments in 1949 emphasizes the high hopes attached to the industry—and the ambitious goals of the new magazine.
-
SPE President Terry Palisch is joined by Susan Howes, president of Subsurface Consultants and Associates, to discuss the importance of soft skills for petroleum engineering.
-
Oil remains an indispensable and irreplaceable part of the global energy mix. As convenient, efficient, and highly energy-dense sources, natural gas and oil are simply unmatched by any currently available alternatives.