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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The pipeline project was completed in September but whether it will flow is now as uncertain as ever as both Germany and the US seek to shut the project down. -
The acquisition adds well completions services for conventional and unconventional reservoirs.
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The deal resulted from the exercise of ConocoPhillips’ preemption right to acquire the stake when operator Origin Energy had intended to sell it to US energy investment firm EIG Global Energy Partners for $2.12 billion.
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Company will add Molykote lubricants, designed for oilfield use, to its slate of materials offerings.
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It seems obvious that to manage the reduction of methane emissions an operator needs to measure the emissions, report them accurately, and then take action to mitigate them. But what might seem obvious gets tricky: Just what matters, and how can an operator efficiently and accurately measure those factors?
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Houston-based startup Cemvita Factory is launching a project to produce near-zero-carbon gold hydrogen by injecting oil-eating microbes into depleted crude reservoirs.
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Oil production is reaching new levels in the Permian Basin and it has created some uncertainty about where all the associated gas will go.
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Vessel will have Aker-made modules installed in Norway where final outfitting and commissioning will take place.
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Gazprom Neft and a cloud computing joint venture involving Abu Dhabi National Oil Company have signed an agreement to commercialize jointly developed digital solutions in Russia and the Middle East.
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The company believes its booking represents the industry's first to be made under SPE's CO2 Storage Resource Management System.
