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Shell Technology Ventures to invest several $100 millions in emerging tech companies over next 6-8 years

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Various aspects of information technology (“Big Data”); oil and gas wells drilling and completion; sub-surface sensing; production in challenging environments; operational efficiency; and future energy technologies will also be sought. Petroleum Development Oman (PDO) contracted GlassPoint to build the plant, which is currently being tested.

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IHS Markit identifies 5 billion barrels of oil equivalent in short-cycle opportunities outside North America

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In this environment, reduced tolerance for exploration risk persists. Cognizant of this “new normal” E&P environment, Mohamed said she embarked on a study that assessed mature, producing basins with a goal of helping operators identify less capital-intensive, shorter cycle-time projects. —Jerry Kepes. —Kareemah Mohamed.