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The new influx of well capping companies finds ways to shut down wells by employing equipment used for everyday tasks. Their challenge today is to anticipate and develop equipment to prevent the potential blowouts of tomorrow.

China is regarded as a reliable customer for oil because of soaring local demand, but in recent years, it has also emerged as a global operator and provider of services.

Petrobras’ program to move oil processing to the ocean bottom has taken another step forward with the startup of the first oil/water separation unit that reinjects produced water back into the field.

Saudi Aramco plans to become an enabler and creator of new technology by increasing its research funding fivefold by 2020, a Saudi Aramco executive said at OTC.

There are strong arguments for standardization when developing a new technology. The hard part is getting competitors in the oil industry to agree on the standard to apply when faced with a new challenge in which there is no accepted solution.

Woodside Energy highlighted the challenges of its flagship Pluto project, a large liquefied natural gas (LNG) development that started production last year offshore northwest Australia.

This is the teaser.

Exploration wells, unconventional plays, and development wells can benefit from NeoScope, a sourceless formation evaluation-while-drilling solution. Two case studies share how the technology mitigates the risks or logistic complications associated with chemical nuclear sources.

This year’s Offshore Technology Conference (OTC), held 6-9 May in Houston, reflected the offshore oil sector’s health and energy, with attendance hitting a 30-year high and the event attracting top industry names from around the world. The globe’s largest offshore industry event attracted 104,800 people, the second highest in show history and up 17% from last year. Ex…

An analysis of the US Gulf of Mexico producing assets reveals that reducing downtime can significantly improve operating efficiency. How does downtime affect profits and what strategies can be implemented to reduce it?