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When the oil and gas industry goes one way, family-owned Hunt Oil goes the other. And that’s why the company has been around for three generations.

TechnipFMC received a “significant” contract from Total for the deepwater Lapa field, located in the pre-salt Santos Basin offshore Brazil. The contract covers the supply of flexible pipes for oil production, gas lift, and gas injection, as well as associated accessories. The field will be connected to the FPSO Cidade de Caraguatatuba, which is already in operation.

Forum Subsea Technologies has secured orders from DOF Subsea to supply three of its Ultra Compact Perry XLX-C work-class remotely operated vehicles (ROVs). DOF Subsea will deploy the vehicles onto three of its ROV support vessels for recently awarded projects in Brazil.

BP has awarded KBR’s UK operating subsidiary with a pre-FEED services contract for Phases 2 and 3 of BP’s Greater Tortue Ahmeyim project. The contract will be for the further development of the Tortue field beyond Phase 1, located at the maritime border of Senegal and Mauritania.

A growing sector of water midstream companies is in the Permian Basin looking to take advantage of a business opportunity borne out of rising produced water volumes. Billion-dollar valuations for these companies in the near future could become a reality.

The next big wave of decommissioning and abandonment projects is set to occur in the Asia-Pacific region, and APAC’s operators are now tasked with finding cost- and time-effective ways of unwinding their huge agglomeration of wells and facilities.

Conventional oil and gas discovered resources in 2019 are on pace to rise 30% from last year and reach their highest level since the beginning of the industry downturn. Here, a recap of the first quarter's 15 biggest oil and gas discoveries, which altogether are propelling the increase.

More flexible approaches to financing, production, and trading are crucial to meeting world’s needs, new study finds.

We have been the stranded sailor in the sea (of data) for too long. Access to cheaper computing resources and algorithms presents an opportunity to rethink our work flows that were optimized for a different time and age.

In the fast-moving US shale sector, no market trend seems to last long. The pressure pumping market exemplifies the maxim.