Asset Management
The companies' combined technologies enable real-time control of well placement, hydraulics, and rig operations.
CERAWeek panelists see AI as a way to leverage data and people in interpreting data for exploration, but a cultural shift at companies may still be needed.
Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.
-
The latest signs that momentum is building in the geothermal space include military bases. -
The $6-billion Azeri Central East (ACE) platform is the first BP-operated offshore production facility controlled from onshore.
-
Kampala is drawing now on international experience to sidestep the “oil curse” before first crude flows from its Lake Albert developments.
-
The contractor will install the flowline and related subsea equipment later this year for the Talos Energy-led development.
-
If optimized to scale, fast fission reactors could play a role in reducing emissions in field operations by producing carbon-free electricity.
-
The updated joint development agreement allows the companies to carve out new markets while they complete pilot testing at a demonstration plant in the Netherlands.
-
Operator TotalEnergies wants to rework the EPC contract packages after initial bids challenged project economics.
-
Texas has become an early hot spot for geothermal energy exploration as scores of former oil industry workers and executives are taking their knowledge to a new energy source.
-
The project will implement two distinct carbon technologies aimed at capturing and storing carbon dioxide. Svante’s CEO Claude Letourneau describes his company’s solid-sorbent technology used in collaboration with Climeworks, one of the awarded companies.
-
Electric conversion of these offshore platforms is expected to cut about 1.2 million tonnes of CO₂ emissions per year.
