Asset Management
Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.
The company’s millimeter wave drilling system is approaching a depth of 1 km at its Central Texas site. The recent funding is earmarked for Project Obsidian in Central Oregon, which Quaise calls the world’s first commercial superhot geothermal power plant.
Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.
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The contract calls for Baker Hughes to supply equipment for three liquefaction trains for the project located in Brownsville, Texas.
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The contract awarded by MODEC is for the supply of gas technology equipment for installation on the project’s FPSO.
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The US-based drilling contractor is buying the drilling technology company just three weeks after announcing a merger with NexTier Oilfield Solutions.
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Leading energy technology companies unite to unlock efficiencies and increase reserve recoveries using digital advances.
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SPE’s professional membership has an important role to play in mitigating climate change concerns and in developing new low- or no-carbon sources of energy. We offer a forum for presenting and disseminating scientifically vetted technical information about what can be and is being done by our members.
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A decade ago, SPE defined key R&D and technology challenges for the industry. To address the more uncertain environment of the 2020s and beyond, we have updated the grand challenges via a January 2023 SPE workshop.
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CNPC’s record-breaking 11,100-m exploration borehole in the Taklamakan Desert promises to unlock the science of producing oil and gas trapped in the world’s deepest reservoirs.
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Benriach well finds subeconomic natural gas accumulation.
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Well and sidetrack encountered pay in the targeted Santonian interval.
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Challenges including increases in UK taxation have prompted operator Parkmead Group to drop plans to develop its Greater Perth project in the North Sea.