Asset Management
The Society’s archive of technical papers, maps, figures, and geological data sets will be integrated into the GIX platform, enabling geoscientists to query AI agents about exploration opportunities within specific geographic regions while combining historical research with public data, proprietary information, and advanced analytics.
Despite significant progress in capturing associated gas for domestic use, Iraq remains the world’s third-largest gas-flaring country as it aims for higher oil and gas production targets.
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
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Artificial intelligence and emerging technologies such as virtual personal assistants and chatbots are rapidly making headway into the workplace. Research and advisory company Gartner predicts that, by 2024, these technologies will replace almost 69% of the manager’s workload.
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One of my focus areas as SPE President is strengthening the feedstock of incoming talent into our industry.
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Wood Mackenzie expects the ongoing outbreak and disruption to the world’s second largest economy to be a one-off event, yet it could remove at least 500,000 B/D of crude demand in the short term.
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After 4-1/2 years out of service, the massive Wafra oil field in the Saudi-Kuwaiti Onshore Partitioned Neutral Zone, is set to resume production sometime soon and ensuring a smooth restart is no small order.
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While renewable energy sources are poised to see major growth, possibly displacing natural gas as the top source of electricity in the US, hydrocarbon production will remain above or near current historical highs until at least 2050.
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Topsides for the Peregrino C Platform in the Campos Basin offshore Brazil was installed by the world’s largest crane vessel, Heerema’s Sleipnir.
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What will 2020 look like for the oil and gas, energy, and petrochemical markets? Here are 10 observations from ADI Analytics that demonstrate just how global and complex the energy mix has become.
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Guyana continues to strengthen its reputation as the world’s fastest growing offshore exploration hotspot.
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BW Offshore plans to float its exploration and production unit BW Energy through an initial public offering in the first quarter of 2020.
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A partnership between academic researchers and two energy companies will build new evidence-based tools to enhance safety by examining whether simple exercises designed to increase mindfulness can reduce the risks.