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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The world is not running out of gas. At almost 400 bcfd, global production exceeded consumption in 2021. The problem is seasonality and geography. Both of these challenges can be addressed through infrastructure investment. -
SPE young professionals and students face different challenges and have different opportunities than previous generations. A combined organization would be the professional community of choice for a generation of professionals who are committed to driving long-term change across the energy sector.
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Duc Lam, CEO, TechUSI, shares his experience starting the company and offers his advice to other young professionals who want to become entrepreneurs.
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A look at the evolution of the oil and gas industry in the past two decades and how that will impact young petroleum professionals.
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ESG has become an important aspect of water resource management in oil and gas operations in the Permian Basin.
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To meet ambitious net zero targets, existing and new technologies will need to be deployed at a pace and scale far beyond anything previously imagined or experienced. This creates enormous challenges for supply chains that do not currently exist at scale—or exist at all.
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Many oil and gas platforms provide critical habitat to adult and juvenile commercially valuable fisheries species. They support members of the Blue Economy, like divers and fishers, by increasing accessibility to reef habitat.
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Former SPE technical director for HSE and Sustainability shares her journey in the industry and her point of view on sustainability.
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The antitrust legacy of Standard Oil, after the breakup of the company 110 years ago, continues to impact the American judicial system’s treatment of antitrust actions against companies even today.
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Is Tesla to the ICE car what the Model T was to horses?
