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Strong US production growth and rising oil prices no longer look incompatible. With a lot less oil in storage, the production is needed to meet growing demand and cover the cost of added output.

The third edition of the OTC Asia conference recognized several companies and individuals for technological achievements.

Offshore engineering and technology company Osbit won the Health Safety and Environmental Innovation Award at the 32nd SPE Aberdeen Offshore Achievement Awards for its commitment to health and safety through the design and manufacture of three intervention tension frames.

In a collaborative project, the possibility of measuring fluid levels in a wellbore by use of distributed optical pressure gauges was conceived, prototyped, field-trialed, and further developed to a point of widespread commercialization.

Petroteq Energy announced the appointment of David Sealock as the company’s CEO. Sealock has more than 26 years of strategic management and business/digital transformation leadership. He recently served as president of Autus Ventures, and prior to that he was vice president of research and development at Petroleum Technology Alliance Canada )PTAC), a Canadian hydrocar…

EdgeTech’s 6205s has been redesigned with additional features and functions that make on-water survey operations more efficient. It produces real-time, high resolution, three-dimensional maps of the seafloor while providing fully integrated swat bathymetry and dual frequency side scan sonar capabilities. The system offers co-registered dual frequency side scan and bat…

Abdulla Al Marzooqi, manager of health, safety, and environment for the Abu Dhabi National Oil Company, is the conference chair for the 2018 SPE International Conference and Exhibition on Health, Safety, Security, Environment, and Social Responsibility.

In an ongoing effort to increase responsible and efficient offshore energy operations, the Bureau of Safety and Environmental Enforcement has implemented a new quality-assurance process for reviewing and assessing its permitting systems.

A pair of Permian pure-play operators are consolidating to form a regional drilling and production powerhouse.

Gretchen Watkins, former CEO of Maersk Oil, will officially join Shell on 1 May and be appointed EVP Unconventionals effective 1 July. She succeeds EVP Unconventionals Greg Guidry, who is leaving his role on 31 June after a 36-year career with the company. After more than 37 years of Shell service, Shell Oil Company President and US Country Chair Bruce Culpepper has c…