Risk management
This article from Murphy Oil outlines a modernization effort that resulted in increased scenario simulation capacity by five to 10 times.
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This case study by CNOOC and Halliburton highlights how enhanced multizone sand control treats eight unequal zones in one trip and reduces completion time by 60 hours in Bohai Bay, China.
The transition away from materials that contain per- and polyfluoroalkyl substances (PFAS), co-called forever chemicals, creates an opportunity to preserve historical information. Information that appears to have little operational value today may later become important when organizations need to evaluate past PFAS use. Once that information is lost, recreating it may…
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As European majors push hard and fast to decarbonize energy and move into new and renewable sources, US majors are focusing on cleaner, more efficient hydrocarbons. Which approach and which companies will gain the upper hand? -
The South African Development Community has agreed to send up to 3,000 troops to contain Mozambique’s terrorist insurgency after Total declared force majeure and evacuated all personnel from its Mozambique LNG worksite.
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Although they only make up about 10% of total US production, the vast majority of onshore US conventional wells are stripper wells. What are the implications for buyers seeking assets?
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This paper presents a novel matrix to identify environmental and social elements relevant for the development of oil and gas projects. It also proposes a useful traffic light and multivariate analysis methods for the evaluation of these elements.
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In the aftermath of the Deepwater Horizon oil spill, the oil and gas industry, regulators, and other stakeholders recognized the need for increased collaboration and data sharing to better identify safety risks and address them before an accident occurs.
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A global trend has developed toward the application of risk-based assessment (RBA) techniques for managing environmental risks and considering potential effects of produced-water (PW) discharge.
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The complete paper discusses Equinor’s operation planning tool, developed to present planners with the technical conditions of a platform, identify potentially dangerous combinations of concurrent activities, and propose learnings from 8 years of incident recordings.
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This essay explores the overall trend toward an oil and gas governance regime increasingly focused on development risks and analyzes the growing divergence of state responses. In doing so, it assesses the conditions that have challenged previously universal legal doctrines.
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Two intelligence groups share similar views on how the fallout from the COVID-19 pandemic has impacted OFS companies’ valuations and operations.
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FPSO sanctioning is at a minimum and few opportunities remain for FPSO suppliers to find new work and redeploy their vessels. Suppliers may be forced to accept day rate reductions in order to keep their vessels working.
