Asset Management
Winners of Alberta's Drilling Technology Challenge cover a range of technologies from robotics to enhance drilling rig safety to AI-enabled energy management, downhole sensing, well navigation, hybrid power systems, and geothermal energy.
The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
Sponsored
Effective data analysis depends on seeing connections that matter. Explore how Spotfire enables a more intuitive approach to understanding petroleum data.
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Brazil’s large offshore discoveries and domestic demand for oil and gas are a combination that holds potential for explorers to make money on high-priced blocks. A series of offshore auctions offering more attractive properties at more reasonable terms have attracted aggressive bidding.
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All eyes in the upstream continue to be on the growth in unconventional production, particularly in the US. But the offshore arena may be making a quiet comeback, at least in the near term.
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SponsoredA Midland Basin case study on estimating production, drainage volume, and interference from multiple stacked wells.
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The president of Chevron North America E&P examines how standardization and operational efficiency is crucial for operators looking to bolster their deepwater portfolios.
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The 50th edition of the Offshore Technology Conference kicked off with a distinguished panel representing operators and service companies evaluating the contributions of the past half century.
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Kreuz Subsea mobilized the Kreuz Challenger, a diving support vessel, as part of its 7-year contract with Brunei Shell Petroleum Company. The contract runs until 2022 and includes inspection, repair, and maintenance services to be carried out on offshore oil and gas structures.
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McDermott’s board of directors rejected an acquisition offer from Subsea 7, which called for McDermott to abandon its planned $6-billion combination with CB&I. McDermott’s special meeting of stockholders, which was scheduled earlier to address the CB&I deal, will be held on 2 May.
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Scheduled for 2020 startups, the Alligin and Vorlich Fields are expected to produce 30,000 gross BOE/D.
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Oil prices have recovered somewhat and operators are making money again. So why haven’t the service companies been invited to the party?
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An agreement with DF Barnes is expected to provide financial security for the Scottish fabrication company, which had been on the verge of closure.