Asset Management
Known as Arena, the collaboration aims to improve decision-making across increasingly complex reservoirs and growing volumes of subsurface data.
Robotic and autonomous systems are transforming energy operations, but their full value emerges only when paired with data science, engineering analytics, and AI/ML to turn data into decisions. The transition of the SPE Robotic & Autonomous Systems Technical Section into the SPE Data Science & Engineering Analytics Technical Section helps bridge this critical technolo…
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
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The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year. -
UK Prime Minister Rishi Sunak commits to future oil and gas licensing rounds as new analysis shows domestic gas production has around one-quarter the carbon footprint of imported liquefied natural gas.
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OMV’s discovery of a domestic gas resource coincides with its agreement to import LNG from BP to be regasified in Rotterdam, as Austria knits together a strategy to ensure its energy security.
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The US accounted for 75% of global growth in LNG liquefaction capacity last year as Europe’s worldwide imports jumped 66%, according to the International Gas Union.
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The Pickerel-1 well encountered 90 ft of high-quality oil-bearing Miocene reservoir and will be tied back to the Tubular Bells production facilities.
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An Energy Industries Council survey of nearly 100 energy supply chain leaders finds that a lack of "consistent and profitable work in green projects" prompts a return to oil and gas projects.
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The Irpa gas field, Verdande oil field, and Andvare production-well tiebacks will extend the lives of the mature Aasta Hansteen and Norne fields into the late 2030s.
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Public companies shoring up inventory leads to a shift in Permian asset ownership.
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With the acquisition of manufacturing firm Revak Keene, Fox Innovation and Technologies plans to launch technology aimed at disrupting the compressor and rotating equipment aftermarket status quo.
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Geothermal energy’s advantages make it popular across multiple sectors, from residential to industrial applications. Primary applications, namely electricity, direct use, and ground source heat pumps, offer diverse energy sources. Details of these and some unconventional applications are discussed.
