Asset Management
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
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Brazilian state oil company will charter two pipelay support vessels for 3 years plus options. -
New find in CTP Block 4 boosts reserve potential to as much as 700 million BOE.
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New find could hold up to 200 million BOE in place.
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The authors write of an efficiency-optimization effort in the planning and construction of a West African breakwater for LNG service that resulted in increased financial and environmental benefits.
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Rig will shift to drill Bonboni prospect before returning for Sapakara South flow test.
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Successful sidetrack will be fast-track developed via the nearby Marlin TLP.
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The company’s 2021 Energy Transition Outlook says the Earth likely will miss the 2°C goal of the Paris Agreement and the window to get back on track is closing rapidly.
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This paper describes an artificial intelligence deep Q network for field-development plan optimization.
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After more than 2 decades of talk, multiple millions of dollars in investments, and a decade’s worth of joint industry projects, operators are starting to get on board with electrification as the base case for subsea solutions.
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In this paper, the authors describe a model that uses augmented artificial intelligence to optimize well spacing by use of data sculpting, domain and feature engineering, and machine learning.
