Asset Management
Robotic and autonomous systems are transforming energy operations, but their full value emerges only when paired with data science, engineering analytics, and AI/ML to turn data into decisions. The transition of the SPE Robotic & Autonomous Systems Technical Section into the SPE Data Science & Engineering Analytics Technical Section helps bridge this critical technolo…
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
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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. -
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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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.
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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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Producers and investors continue to reward small companies with big solutions that lean on new software and hardware to lift the bottom line of one the world’s few trillion-dollar industries.
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Developing an asset requires key investment decisions to be made early in the process, and as a result, some critical cost evaluations—such as abandonment—are often ballpark estimates. Adjusting the parameters for evaluating these costs can lead to more-accurate project valuations.
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The two oilfield service leaders serve as critical bellwethers for the health of North America’s upstream sector, which is under pressure to consolidate and generate free cash flow.
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Natural gas has emerged as a potentially major player in the energy mix, but what role will price pressures play in sanctioning gas supply projects and in LNG markets?
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Concho Resources and Enverus say turning to automated software for tracking invoices could save the upstream business many millions of dollars.
