Asset Management
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
Saipem has launched offshore operations in Suriname, while Repsol is expanding exploration efforts in Venezuela and partnering with MOL Group and TPAO in the Mediterranean. Petronas, Shell, and Murphy Oil reported new discoveries in Suriname, Namibia, and Côte d’Ivoire, respectively, as Occidental acquired a stake offshore Trinidad and Tobago and BP began gas producti…
Output is rising fast in the South American shale play and putting Argentina on a course to soon reach 1 million B/D.
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Big projects are expected to add oil and gas to the energy mix in some regions while maturing basins contribute to drops in other areas. -
The all-stock transaction will create one of the largest shale producers in the US, anchored by a major Delaware Basin position.
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Updates about global exploration and production activities and developments.
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This month’s papers highlight new combinations of technologies, along with workflows automated in innovative ways, deployed to ensure precise measurement, accurate forecasting, and environmentally conscious operations.
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This paper describes a novel 6.75-in. logging-while-drilling geochemical tool developed for accurate lithology, mineralogy, well-placement, and geosteering applications in complex reservoirs.
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Ongoing seismicity concerns and orphan well risks are pushing operators and regulators to explore alternatives for managing produced water.
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The agency also requests feedback related to interest in a possible minerals lease sale offshore Alaska.
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A final investment decision is also expected by the end of the year for the company’s first low-carbon data center project.
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Among the awards are contracts for four currently idle deepwater rigs.
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The $26-million project will serve as a collaborative hub for research, engineering, and testing.
