Risk management
Technical safety standards are essential as global offshore exploration heats up.
The Ohio River Valley Institute finds operator indifference, regulatory noncompliance as chief factors in state's growing number of deserted wells.
Buoy-based camera footage, analyzed by artificial intelligence, can help reduce the risk of birds colliding with offshore wind farm turbines.
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EVP Giulia Chierchia and Chairman Helge Lund are stepping down amidst difficult Q1. -
The EIA issued a new forecast for US oil production as a result of US President Donald Trump’s recently announced tariffs.
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A 25% tariff on steel imported into the US has some US oil and gas companies nervous about future spending plans.
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This paper introduces a novel optimization framework to address CO2 injection strategies under geomechanical risks using a Fourier neural operator-based deep-learning model.
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Experts speaking at CERAWeek 2025 lauded industry's shift from focusing on the energy transition to prioritizing oil production.
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Global offshore decommissioning projects hear the starting gun in Australia and the North Sea, but will the race be a marathon or a sprint?
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This paper discusses and demonstrates the limitations of quantitative risk assessments (QRA) with respect to the usefulness of the concept in managing day-to-day and emerging risks as well as the effect of change. The paper goes on to discuss improved solution sets compared with pure reliance on QRA.
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“Riskwashing” refers to a situation where an organization engages in superficial or insincere actions to create the appearance of addressing a particular risk or issue without actually taking substantive action to address the underlying problem. This paper presents methods to identify and minimize riskwashing as an organizational response to incidents.
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SponsoredWhile WACC is frequently used as the base discount rate for corporate-level decision-making, using it as a universal discount rate for projects can result in inaccurate project valuations. Incorporating the opportunity cost of capital provides a more nuanced and accurate approach to project evaluation.
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This paper presents a method of geomechanical-risk screening and gives examples of its positive effect on the company’s safety standards through implementation of integrated solutions to prevent or mitigate the risks.
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