Testing page for app
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In his first remarks as SPE President, Tom Blasingame announced that the theme of his tenure is “Survive, Revive, and Thrive.”
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The coronavirus crisis had a devastating effect on oil-company revenues, but it has posed a tough human-resources problem too: how to keep workers safe on cramped rigs at sea where social-distancing is impossible. Many operators have found an answer in technology—specifically, digital twins.
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Evacuations in the GOM began on Monday, but so far nearly 50% of current oil production and 55% of natural gas production in the region is shut-in due to Tropical Storm Zeta.
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The Canadian oil company consolidation formula looks a lot like the one offered by US shale producers.
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The data industry has gotten exceptionally good at building large, complex software systems. We’re now starting to see the rise of massive, complex systems built around data. Despite all of this, there is still a tremendous amount of confusion around what technologies are on the leading end.
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The Northern Lights project will disclose data sets from the confirmation Well 31/5-7 Eos drilled in the North Sea and completed earlier this year.
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Work from home is the new normal. Digital tools have come to the rescue. The questions that is going around the industry is: Will the increased reliance on digital technologies in the workplace generate increased adoption of the digital transformation?
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Addressing engineering or mechanical controls alone without addressing the human behavior at the center of operations in the energy industry limits process safety efforts to decrease serious incidents and fatalities.
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An integrated advanced-analytics program is necessary to improve the performance and reliability of pumping systems.
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The Petroleum Safety Authority Norway is worried about a rising number of serious incidents in the industry and has asked the companies to prioritize work on safety.