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Prophets of doom have argued that there will be no cyclical upturn this time, that conventional offshore oil and gas developments, with the odd exception, have been squeezed out of the cost curve by the rise of tight oil. Yet there are signs of recovery that might breathe life back into the sector.

The single independent riser (SIR) is a hybrid riser configuration optimized for ultradeepwater field development. The SIR is composed of a flexible jumper and a rigid part vertically tensioned by means of distributed or continuous buoyancy.

The complete paper describes the overall project execution of the Aasta Hansteen field development on the Norwegian Continental Shelf (NCS) north of the Arctic Circle. It is the deepest field yet developed on the NCS in 1300 m of water.

This paper describes an automated work flow that uses sensor data and machine-learning (ML) algorithms to predict and identify root causes of impending and unplanned shutdown events and provide actionable insights.

Planning has begun for the 2021 Offshore Technology Conference (OTC) after the cancellation of the 2020 OTC, which was to take place in Houston from 4–7 May. In light of the COVID-19 pandemic and continued health and travel concerns, the OTC Board of Directors felt this decision was the most feasible and responsible for staff, exhibitors, partners, attendees, and the …

SPE Journal

These extraordinary times have already shown us how we, as members of the industry and citizens of the world, are resilient and flexible in the face of uncertainty.

The US crude inventory grew by 74 million bbl since 13 March when the US declared a national emergency in response to COVID-19.

Gecko Robotics is providing the energy industry with artificial-intelligence-enabled robots to inspect infrastructure and supply massive amounts of data to help predict failures before they occur.

The move to combine forces comes amid the fastest contraction in drilling activity the US shale sector has ever seen while Gyrodata will retain its international business.