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 ethics of artificial intelligence (AI) has become an important topic in the application of AI and machine learning in the past several years. This first part of a two-part series explains the evolution and importance of the ethics of AI. The second part will present its relevance and use in engineering applications. -
Economist and author Dambisa Moyo weighs in her thoughts on the role of boards during energy transition.
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The oil and gas industry is transforming. It is vital to look at how traditional E&P companies are reforming themselves for the future energy corridor.
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Spencer Dale, bp chief economist, presents the findings of the report.
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I became a proponent of the energy basket concept, while deployed offshore, as it became apparent that an ROV’s upward and downward movement (heave) could be harnessed as a renewable energy to power subsea equipment.
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A review of three documentaries covering the petroleum industry and what might be learned from them beyond their immediate message.
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At work, we often call senior professionals and senior managers as leaders, but there’s much more to being a leader than experience or position within an organization.
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When the attitude of the crew seems fixed and nothing could be done, it's time for “what-if” thinking.
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Finding creative ways to drive down the CAPEX and discounted OPEX and define a realistic pathway and schedule to full-scale commercial operations is discussed.
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These tips may or may not be your first course of action, but I can assure you that these have worked wonders for me, and I hope they will work for you.
