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I cannot believe that a year has passed since I was inaugurated as SPE president in Dallas last September. My term has passed at the speed of light.

Five years since the start of the precipitous oil price drop that led to the industry’s worst recession since the 1980s, the oil market is still struggling with supply/demand balances and price stability.

Get lost in a world of technology, science, and innovation with the Engineering and Technology History Wiki (ETHW). With categories that range from computing and electronics to energy, ETHW’s collections delve into the people, discoveries, and movements behind history’s most innovative technological advances. As the premier global record dedicated to preserving and in…

Stork, part of Fluor’s Diversified Services segment, was awarded a contract extension by Centrica Storage Ltd to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas assets.

The Bakken and Niobrara operator will eliminate 254 jobs in an effort “to better align [its] business with the current operating environment.”

Lundin reports that the hookup and commissioning of installed facilities at the large North Sea field is progressing as planned. Phase 1 startup is still scheduled for November.

Approximately $200 billion in projects worldwide are racing to be approved over the next 2 years. The race is not just to make FIDs on projects, but also to enter FEED work to lock in contractors before others do.

The Neptune-operated project is on track to start drilling later this year, with first oil scheduled for the end of 2020. The Norwegian North Sea field is expected to produce 30,000 BOE/D at its peak.

A comeback in offshore and international exploration and production is making up for the North American slowdown, but it is a difficult transition.

“The Ohio Health Registry is really an attempt to collect the contacts of people who live close enough to any aspect of shale development that they might be affected,” said Deborah Cowden, a family physician who started the effort.