Asset Management
Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
The sale for $1.8 billion of Solenergi Power, the holding company for Sprng, which develops and operates solar and wind projects across India, follows other realignment actions by the supermajor.
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Intelligent technology plays a role in applications ranging from design to completions to data management and most points in between. However, this feature topic is devoted to SPE papers that discuss system-oriented innovations to increase production, reduce costs, and decrease risk.
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Rigorous engineering remains the key platform to accomplish the dizzying array of complex work on a daily basis and the linchpin in elevating the performance of deepwater projects from acquisition to abandonment.
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This paper describes the engineering design and operational execution practices that supported setting of a new extended-reach world record in a mature carbonate field offshore Abu Dhabi.
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This paper describes development-plan optimization and a probabilistic uncertainty study using Latin hypercube experimental design constrained to production performance in a deepwater Gulf of Mexico field.
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The Midland-based service company operates a fleet that is now 65% either dual-fuel or electric-powered.
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The 18 vessels CSSC will build for QatarEnergy will be the largest LNG vessels in service.
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The second major deal in the US proppant industry this year will see US Silica go forward as a private company.
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The geothermal company will use organic Rankine cycle (ORC) technology, which does not require steam to generate electricity.
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The $48.5-billion investment aims to keep the 30-year-old project in western Kazakhstan flowing for years to come.
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The asset combination is structured under Eni’s “satellite model,” which Eni has deployed successfully with similar upstream joint-venture deals in Norway and Angola.