Asset Management
The London-based supermajor is stepping back from startup investing as it seeks to focus capital on its oil and gas business.
After a record year for LNG project approvals in 2025, multiyear repairs to war-damaged liquefaction facilities in Qatar and the UAE threaten to slow the growth of global LNG capacity.
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
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Because the greenfield can use existing infrastructure, the Norwegian operator says it will count as a low-carbon development.
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The Damietta LNG plant is expected online by June 2020. The plant will be owned by ENI, EGAS and EGPC.
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Digital advances allow computers to do many of the tedious tasks once done by engineers, which frees them to focus on more interesting tasks.
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Artificial intelligence can do some things faster and better than humans can. But that may allow engineers to focus on higher-value tasks.
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The first interdisciplinary oil and gas conference to be held in Saudi Arabia, the 12th International Petroleum Technology Conference, was the largest in its history in attendance. This features highlights of the panel and technical sessions, and an interview with Saudi Aramco CEO Amin Nasser.
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Hon-Chung Lau, professor of petroleum engineering at the National University of Singapore, offered a short guide to a successful career in petroleum engineering at the 2019 SPE Annual Technical Conference and Exhibition.
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JPT interviewed Saudi Aramco President and Chief Executive Officer Amin Nasser during IPTC. He discussed the company’s outlook for the new year and the current state of the oil and gas industry.
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This paper demonstrates how maintaining investment in high-quality 3D seismic during the last downturn, together with selective exploration, quality geoscience, application of new technologies, and efficiently maturing discoveries to early cash flow, was successful in sustaining future production.
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On the edge of the Arabian Desert, a megaproject located above the Arctic Circle was given the IPTC Excellence in Project Integration Award.
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After 4½ years out of service, the massive Wafra oil field is set to resume production soon, and ensuring a smooth restart is no small order.