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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Geologists have identified a formation with a world-changing potential for carbon dioxide storage, but some engineering is required. -
An energy transition symposium was held in February in Washington, DC, to inform and engage policymakers and the policy community in the US capital from the perspective of the engineers and geoscientists who currently work to supply 60% of the world’s energy.
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High energy prices and a greater focus on energy security will not slow the world’s long-term ambition for a low‑carbon future. However, annual analysis by DNV believes unprecedented pressure is reinforcing a two‑speed energy transition.
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The authors of this paper discuss deep closed-loop geothermal systems as an alternative to traditional enhanced geothermal systems for green energy production that is globally scalable and dispatchable.
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The first paper selected for this Intelligent Fields Technical Focus presents the use of a unique artificial-intelligence technique from the fourth industrial revolution—dual heuristic dynamic programming—to address business opportunities associated with optimization.
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This paper describes an approach implemented by the operator to solve research and development challenges by creating in-house infrastructure of both software and hardware.
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One new license holds the future location of the Gale exploration well.
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The rigs will work in the Norwegian Sea and on the Johan Castberg field.
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Supermajor down, but not out of Brazilian exploration game.
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The operator had been in communication with government about the future of the permits since 2020.
