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 Oklahoma City-based operator struck the first big US shale deal of 2023 as it pivots toward natural gas developments. -
A big jump in the tax incentives offered for putting CO2 in the ground, hopefully forever, has set off a mad rush to sequester CO2. But is that really the best option?
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The $80-million preconstruction services agreement covers onshore facilities of massive, multibillion-dollar sour-gas development.
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Chevron is "encouraged and excited" after drilling its first successful exploration well in the Eastern Mediterranean block.
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The French operator will tie satellite field back to existing FPSO, with first oil expected in around 2 years.
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At a time when there are many models vying to be the one used to evaluate and plan carbon storage sites, the US Department of Energy wants to test one developed by SPE members.
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When the name change was announced on 24 October, the accompanying release said the SLB name was designed to underscore “the company’s vision for a decarbonized energy future and affirming its transformation from the world’s largest oilfield services company to a global technology company focused on driving energy innovation for a balanced planet.”
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A minority stake of the new company to go public later this year.
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Proposed energy projects needing US federal permits will come under increased scrutiny related to the scope and magnitude of potential emissions.
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Malaysia plans to launch its 2023 bid round in Q1, hoping to exceed last year’s completion of 18 exploration wells that boasted a 60% success rate in new offshore hydrocarbon discoveries.
