Asset Management
Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
The deal is the largest acquisition in Mitsubishi Corp.'s history and adds one of North America's leading shale gas assets to its portfolio.
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Will digital transformation continue to drive business impact beyond the hype? This interview with Ken Medlock, senior director of the Center for Energy Studies at Rice University, offers a perspective focused on the greater forces shaping the digital transformation trend. -
McDermott International has been awarded a large contract (defined by the company as between $50 and $250 million) by BHP to provide subsea umbilicals, risers, and flowlines (SURF), transportation and installation, and precommissioning of one jacket and topsides for the Ruby Project, offshore Trinidad and Tobago.
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Described as Brazil’s first-ever integrated SPS and SURF project, the development will include 19 wells, approximately 130 km of rigid risers and flowlines, and 35 km of umbilicals.
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The company's industrial services business provides integrity and fabric maintenance for assets in the offshore oil and gas, process energy, marine, and infrastructure sectors across the UK and Ireland.
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The most recent hydrocarbon production boom is under way in the Middle East, and this time, the race is spilling into offshore waters.
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Oil Plus Ltd has been awarded contracts in excess of $5 million as it enters 2020.
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Artificial intelligence and emerging technologies such as virtual personal assistants and chatbots are rapidly making headway into the workplace. Research and advisory company Gartner predicts that, by 2024, these technologies will replace almost 69% of the manager’s workload.
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Alta Mesa Resources is not the biggest shale startup to go bankrupt, but was its early death rooted in petroleum engineering or financial engineering?
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One of my focus areas as SPE President is strengthening the feedstock of incoming talent into our industry.
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Wood Mackenzie expects the ongoing outbreak and disruption to the world’s second largest economy to be a one-off event, yet it could remove at least 500,000 B/D of crude demand in the short term.
