Testing page for app

The contracts were awarded in February. Petrofac said it is working with ADNOC to explore alternative options.

The video features some of the leaders who helped the nation respond to the event.

University of Houston Energy asked 408 industry workers to gauge their companies’ response to the global pandemic and economic downturn.

On 20 April 2010, a blowout on the Deepwater Horizon, drilling at the Macondo prospect in the Gulf of Mexico, killed 11 crew and caused a major oil spill. The accident and spill forever changed the industry.

Halliburton and Schlumberger write-off billions in asset value and signal that more job cuts are coming during the second quarter.

It has now been nearly 3 months since the one-two punches of an unprecedented modern-day pandemic and a free fall in oil prices due to the oversupply of oil resulting from a tremendous, sudden drop in demand.

Nymex WTI crude opened Monday on track for its worst day on record, falling nearly 40% to $11.05/bbl on the back of excess supply vs. low demand and dwindling storage capacity.

Following the Deepwater Horizon incident in the Gulf of Mexico, the industry put in place comprehensive initiatives to improve offshore safety. This article outlines the status of two initiatives, a summary of the current focus areas to enhance safety, and SPE’s contribution to them.

Most history-matching studies have fixed resources—that is, the team of engineers and geoscientists is predetermined. Moreover, the deadlines are always very strict. This constrained scenario often leads to an unfortunate result: The quality of the study suffers.

When the world reopens, it will be flooded with the opportunities and tools that extended-reality platforms have to offer.