Business/economics
This article analyzes Nigeria’s deepwater fiscal framework by examining its legal foundations, the practical operation of production-sharing contracts, and the allocation of financial risk between the government and international oil companies.
The third and final part of the series covers the facility engineering and petroleum economics aspects of a field development plan.
Petroleum engineering tops the pay scale among engineering majors, with new graduates projected to earn an average starting salary of $100,750, according to the National Association of Colleges and Employers.
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Many cybersecurity experts think the global malware attack on 27 June may have been an initial test run of a hybrid creation. If the term “wiper” is unfamiliar, you need to read this. -
A survey recently conducted by Ernst and Young finds that the oil and gas industry is perceived differently by different generations.
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Production from Alaska's Prudhoe Bay started 40 years ago this month. But the discovery of the giant oil field that started it all almost didn't happen.
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In recent years, sustainability has emerged as perhaps the most critical imperative of this century.
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Surrounded by mountains and situated close to the equator, the capital of Ecuador, Quito, has several historical and nature attractions for visitors. Article also discusses the history of Ecuador’s petroleum industry and upcoming initiatives for that sector.
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NOV CEO Clay Williams talks about his experiences managing business challenges and opportunities, thoughts on product development and M&A activity, and his opinion on where the oil and gas industry is going in the future.
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Honeypots and pen testers. If these terms are unfamiliar, you’ll want to learn their roles in the safekeeping of critical evaluation and operational data in oil and gas activities, from the reservoir to the well pad to pipelines.
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You would never hear the manager of an oil company say they are a late adopter of technology but, in reality many are. By better understanding both sides of table, technology developers and oil and gas operators may find they can accelerate adoption cycles beyond the status quo.
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With more than 60% of oil and 80% of gas production coming from non-OPEC nations, and US shale production proving to be resilient, OPEC's influence on oil markets may decrease but it's role in market dynamics is still important.
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If a boom in electric vehicle sales takes place, a group of auto experts suggest it would represent a larger immediate threat to electricity supply than it would to oil demand.
