Management
US oil executives say large-scale investment in Venezuela will depend on governance reforms and sustainable legal protections.
The agreement requires the partners to conduct their own proprietary 3D survey of Block 8 in hope of zeroing in on the sweet spot that eluded the TotalEnergies-led consortium when it drilled a dry hole in an adjacent block in 2023.
Murphy Oil’s Hai Su Vang (Golden Sea Lion) appraisal well reinforces the commerciality of the 2025 discovery.
-
With emissions mineralization established as a proven approach, the companies’ next objective is to move the underlying technology toward commercial success.
-
Subject-matter experts from industry and academia advanced distributed fiber-optic sensing technologies and their implementation in flow measurement during a special session.
-
Speaking at this year's ADIPEC, leaders from BP, Shell, Petronas, ADNOC, and Eni said the energy transition must become profitable and that AI will likely play a key role.
-
The deal follows an asset swap on the same acreage earlier in the year and increases Equinor’s natural gas holdings in the region.
-
This paper describes a project in the heavy oil Captain field in the UK sector of the North Sea in which reduced environmental impact dovetails with improved economics.
-
This paper presents a specialized workflow that aims to quantify the severity of condensate banking and subsequently optimize reservoir development strategies for a deep formation in the Permian Basin.
-
This paper describes numerical modeling studies of fracture-driven interactions using a coupled hydraulic-fracturing-propagation, reservoir-flow, and geomechanics tool.
-
The road to a low-carbon world is paved with more than just shiny new facilities and the promise to deliver impressive CO₂ reductions from the atmosphere. Without the software to site, monitor, and maintain those facilities, the drive for net zero would be stuck in neutral.
-
The birthplace of Royal Dutch Shell, Indonesia and Malaysia, buck trends and grow their gas and oil industries, expecting a record number of final investment decisions in the next 4 years in gas, deep water, and carbon capture projects to support Southeast Asia’s booming economic growth.
-
Undergraduate education in petroleum engineering has survived the latest downturn in the industry, and enrollment has started to show an uptick in numbers. However, a different trend is evident in graduate training and academic research: the number of researchers being trained in oil and gas topics is drastically dropping.