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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The depth of the world’s offshore projects has steadily increased over the past 30 years—and so has its production base. The growth trend will continue thanks to new fields offshore Brazil, Guyana, and the US. -
The most read stories reflect interest in the digital transformation, the energy transition, and shale operations.
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First oil from the 120,000-B/D Liza Destiny FPSO is flowing ahead of schedule.
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The startup of the deepwater field marks the beginning of production from the massive Stabroek Block, which contains an estimated 6 billion BOE. ExxonMobil estimates that at least 5 FPSOs will be producing more than 750,000 BOPD from the Stabroek Block by 2025.
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Chevron has awarded Subsea 7 with a “sizeable” contract for subsea installation services at the St. Malo field in the US Gulf of Mexico. The scope of work will include project management, engineering, procurement, construction, and installation of the multiphase pump system at the field. It will also include a 14-mi water injection flowline system and the water inject…
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Devon exits the asset that served as the company’s cornerstone for almost two decades and is known to the world as the birthplace of the shale revolution.
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Reduced investment in US shale will continue to weigh down the global oilfield services market through 2020.
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BP has signed a deal with a joint venture between Petrofac and SOCAR, the Azeri state oil company, to support its osshore and onshore operations in the Caspian Sea. These include the offshore Azeri-Chirag-Gunashli and Shah Deniz fields, along with the associated Baku-Tbilisi-Ceyhan pipeline, the South Caucasus pipeline, and the Western Route export pipeline.
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Chevron has signed a deal with Daewood Shipbuilding and Marine Engineering (DSME) to build a hull for the semi-submersible floating production (FPU) unit at its Anchor projec tin the US Gulf of Mexico. The contract maked the South Korean shipyard's first platform order in 5 years.
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Directional drilling and measurement-while-drilling technology has become so democratized in the Texas shale sector that no provider holds more than 8% of the market share.
