Asset Management
The Houston-based developer of AI-powered submersible robotics earned the Best in Show Award and a $10,000 prize.
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
The GRMS system of standardization and classification for geothermal resources, led by a coalition of stakeholders in collaboration with Project InnerSpace and the Society of Petroleum Engineers, will be published in November.
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The Offshore Technology Conference selected 15 new technologies for its 2019 Spotlight on New Technology Awards. The annual awards program recognizes innovative technologies and companies to showcase the latest advances in offshore exploration and production. -
This paper presents a retrospective of the most-significant technologies developed and deployed in the Campos Basin for more than 80 production systems in more than 30 oil- and gas-field developments.
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Equinor increases its stake in the Njord redevelopment project as part of the agreement, while Faroe gains Equinor's stakes in four Norwegian Sea and North Sea fields.
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Opponents of Colorado’s New Oil and Gas Regulation Law Won’t Try To Repeal It—at Least Not This YearOpponents had planned to ask voters in November 2019 to repeal and replace the law, but the Colorado secretary of state's office has rejected four versions of their proposed ballot initiative.
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The deal will bolster Arabian Drilling Company’s fleet to 67 rigs across the Middle East and North Africa.
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The pact, which builds on the firms’ current partnership on the Buckskin project, covers four Keathley Canyon blocks including the Leon and Moccasin discoveries.
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In the shale oil business, cash flow is a life or death issue. For smaller players, money from investors and lenders is getting harder to find.
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Equinor has agreed to align its business model with the goals of the 2015 Paris climate accord and will review its corporate lobbying policy and the carbon intensity of its products, the company said. It will also link executive pay to climate-related targets.
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The explorer has so far encountered 400 ft of reservoir pay zone in an area where it has three other producing fields.
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Keen on Anadarko for a while, Occidental Petroleum is ready to do battle with Chevron for the big independent.
