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The Japanese contractor received word in early April it would be temporarily banned from new competitive bidding.

Occidental Petroleum has split from some of its larger rivals by rejecting a potential US carbon tax, saying that it prefers the existing system of tax credits.

Asian markets continue to represent the leading edge of global economic growth, and with many of the international oil companies divested from the region, Southeast Asian operators in particular see themselves well positioned for the future.

The honorees will be recognized later this year at the OTC Distinguished Achievement Awards Luncheon.

The service giant and a technology developer from Norway seek to create a broader market for two technologies aimed at lowering topside footprints and improved operational efficiency.

In a test of the future of the hydrogen business, Baker Hughes is one of three companies starting a fund whose goal is to raise €1 billion to invest in a clean hydrogen infrastructure.

Duo launches center of excellence aimed at promoting and expanding nonmetallic materials’ role in construction.

GeoMark’s RFDbase contains raw data from every major petroleum basin in the world that can be used in training models to link subsurface characteristics to wellhead performance.

Production has been hampered by subsurface issues most of the year. Gas production fell below the technical threshold of the offshore gas processing plant.

A look behind-the-scenes reveals what it takes to protect innovative ideas in the fast-moving US shale sector—key lessons learned, pitfalls to avoid, and how to do it the right way, as told by two of the operator's intellectual property (IP) protection leaders.

Petrolern has received a $1.15-million grant from the US Department of Energy to develop and commercialize its technology that models in-situ stresses by using available data.

A demonstrator showcasing the potential of the technology is scheduled to come on line in late 2023.