Testing page for app

Welcome to the Offshore Facilities feature in this month’s JPT. The three papers featured in this section were selected out of 141 submitted to SPE covering various elements of offshore facilities design, construction, installation, operation, and inspection.

Recently, IPIECA, the United Nations Development Program, and the International Finance Corporation held a webinar to present their shared understanding of the United Nations’ sustainable development goals for the oil and gas industry.

Tom Knode, director of health, safety, and environment for Athlon Solutions, discusses the oil and gas industry’s power to build sustainable communities and improve the lives of people in areas of operation.

Facing increased pressure to deliver neutral cash flows and stronger corporate returns, North American E&P companies hedged more oil and gas production than usual heading into 2018.

The two supermajors and offshore powerhouses are assessing the latest Gulf of Mexico discovery.

Mexico’s Round 2.4 deepwater auction surpassed expectations as 19 of 29 blocks were awarded to 11 firms from 10 countries.

A rise in oil prices close to 3-year highs should further stimulate a recovering oilfield services and equipment sector, despite lower than expected late-2017 activity in US shale.

The Irving, Texas-based supermajor plans to cash in on its expanded foothold in the Permian Basin, aided by a big reduction in the US corporate tax rate.

With portfolios that in some cases look dramatically different from a few years ago, the majors now have the ability to think about long-term upstream growth through deal making.

Full-year 2017 and fourth-quarter financial results show an improving picture for the industry’s three largest oilfield services companies. After 3-plus years of cutbacks, the service sector outlook has turned relatively positive.