Risk management
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.
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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Unconventional resources include coalbed methane, tight gas, and source-rock-based (often shale-based) reservoirs.
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Many companies are seeking 20% to 50% reductions in project costs. This level of capital cost reduction requires serious rethinking of the strategy for developing and executing projects.
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The process of risk and uncertainty reduction in unconventional-drilling operations starts with improving techniques for pore-pressure modeling.
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An appraisal program involving the Bentley field located on the UK continental shelf has addressed the key technical concerns associated with developing viscous crude in an offshore environment.
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A sharp rise in seismic events in some areas of the United States where oil and gas production is booming is leading regulators and the industry to examine whether the two are related.
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This paper illustrates and discusses inherent flaws in RMs and their potential effect on risk prioritization and mitigation, addressing several previously undocumented RM flaws.
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This paper presents the principles and approaches used in API RP 17N, and discusses what it is in general and why it was written. It also describes the status of its recent update.
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Every process plant presents a high number and diversity of valves that control the flow of feedstock, products, and service liquids and gases.
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The United States’ top offshore regulator said his agency is adopting new policies and measures to improve its working relationship with the offshore industry.
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As low as reasonably practicable (ALARP) is common for management of safety risks, but harder to apply to environmental risks. This paper explores the differences and proposes a modified method to support environmental risk analysis.