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 move is part of a larger reset, cutting the operator’s international exposure -
Major makes another discovery in Stabroek block, comes away empty in Canje
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Additive manufacturing can alleviate and avoid long, expensive production shutdowns and reduce supply chain carbon footprints. Key to unlocking this potential is building trust in “printed” parts.
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Oman will open a new round of bidding on two onshore blocks from which previous license holders are exiting and a promising offshore block near where production has recently been initiated from the Yumna field.
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Jeff Gustavson will become president of Chevron New Energies effective 2 August as the company seeks to manage its low-carbon business prospects.
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CEO John Hess said the Whiptail discovery could form the basis for a future oil development in the southeast area of the Stabroek Block.
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For some, the payoff for going green can be astronomical. Others can rest assured that they will be well positioned in the transition.
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US Gulf project will use a similar floating solution to the operator’s Vito project due onstream next year.
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Schlumberger beat Wall Street expectations in its second quarter and is seeing positive signals in its international growth prospects.
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The US remained Europe’s biggest supplier of LNG in Q1 2021, a position it has held since mid-2019 when competition with Russia began to heat up.
