Asset Management
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
With confidence in subsea boosting performance growing, BP is incorporating pumping systems into both greenfield developments and brownfield expansions.
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The construction of the CP2 LNG facilities in Cameron Parish is scheduled to start this year. -
One expert says there needs to be a transfer of safety culture from the traditional energy industry to the newer offshoot of renewables.
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The consortium will leverage the oil and gas industry's 100+ years of experience and technological developments in drilling and subsurface engineering to advance geothermal.
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Shell and Equinor are progressing the project toward a final investment decision, which is expected later this year.
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Contracts for the Uaru project’s FPSO and subsea installation were awarded to MODEC and Saipem.
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The deal covers the supply of a subsea production system for the Uaru project in the country’s prolific Stabroek Block.
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Offshore work related to the contract is slated to begin in 2024.
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The authors of this paper discuss deep closed-loop geothermal systems as an alternative to traditional enhanced geothermal systems for green energy production that is globally scalable and dispatchable.
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The first paper selected for this Intelligent Fields Technical Focus presents the use of a unique artificial-intelligence technique from the fourth industrial revolution—dual heuristic dynamic programming—to address business opportunities associated with optimization.
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Considering the admirable perpetual transformation of the deepwater sector and the crucial impetus for change in the industry, the yearning for aggrandized and augmented innovative advancements is needed more now than ever.
