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Even before the global pandemic impacted markets, decommissioning work in the North Sea region was expected to increase. Global decommissioning projects could reach $42 billion by 2024. -
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David Reid, SPE, was appointed CTO at NOV. He succeeds Hege Kverneland, SPE, who retired as corporate vice president and CTO. Kverneland joined NOV through the acquisition of Hitec in 1999. Starting in 2001, he was corporate research and development manager and was promoted to CTO in 2009.
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Tullow Oil appointed Rahul Dhir, SPE, as CEO and an executive director of the group, effective 1 July. Current executive chair, Dorothy Thompson, will return to her position as nonexecutive chair. Dhir is currently CEO of Delonex Energy, an Africa-focused oil and gas company that he founded in 2013. Previously, he was managing director and CEO of Cairn India from 2006…
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Two key themes have underpinned the advancement of human society: innovative technologies and an abundance of energy. The people working at the intersection of these two continue to shape and influence our collective future. These people are “Energy Influencers.”
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Hege Kverneland, SPE, retired as corporate vice president and CTO at NOV. Kverneland joined NOV through the acquisition of Hitec in 1999. Starting in 2001, he was corporate research and development manager and was promoted to CTO in 2009.
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Environment/social/governance (ESG) represents the integration of human values into the financial value of investments. The energy industry that emerges from the COVID-19 pandemic will be different from the one that entered it.
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Its reward for years of struggling to adapt to low prices and weak demand for its oil and gas has been an epic crash. Canadians selling change say it is time to consider possibilities that seemed inconceivable in the past.
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Autonomous Inflow Control Valve technology demonstrates significant benefits within first year.
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The Offshore Technology Conference (OTC) selected 12 new technologies for its 2020 Spotlight on New Technology Awards. The annual awards program recognizes innovative technologies and allows companies to showcase the latest advances in offshore exploration and production.
