Asset Management
The Houston-based developer of AI-powered submersible robotics earned the Best in Show Award and a $10,000 prize.
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
The GRMS system of standardization and classification for geothermal resources, led by a coalition of stakeholders in collaboration with Project InnerSpace and the Society of Petroleum Engineers, will be published in November.
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A recent study highlights the major challenges the technology faces as operators consider the pros and cons of using additive manufactured parts in a corrosion-prone environment. -
This selection of cutting-edge articles spotlights how experimental concepts are now driving cost-saving strategies in unconventional development. It’s a reminder that innovation often comes from creative thinking, not just new tools or tech partnerships.
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Of the 53 licenses awarded, 33 are in the North Sea, 19 in the Norwegian Sea, and one in the Barents Sea.
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The money will aid the partnership of Equinor and Standard Lithium in constructing a processing plant, which, in its first phase, is targeted to produce 22,500 tonnes of lithium carbonate per year for use in battery production.
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Rystad Energy and Wood Mackenzie highlight key factors shaping the balancing act in the upstream oil market.
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Aramco expects to complete Phase 1 construction of the 9-mtpa facility in 2027.
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Ruwais is slated to be the first net-zero LNG facility in the Middle East and North Africa.
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GEODE is a consortium led by Project InnerSpace and the Society of Petroleum Engineers and funded by the US Department of Energy’s Geothermal Technologies Office.
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The new wells at Zohr are key to a plan to return Egypt’s gas production back to “pre-crisis” levels by June 2025.
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At peak, 100,000 BOE/D is expected to flow to the Whale production semisumbersible, which largely replicates the Vito semi.
