Latest News

Rutter, Statoil Canada, and the Government of Newfoundland and Labrador completed a collaborative research and development (R&D) project aimed at improving offshore oil and gas operations in harsh environments with ice conditions.

A Canadian startup company is developing a tool that uses solid rocket fuel to fracture vertical and horizontal wells without the use of water.

Making money on drilling innovation requires finding a technology that solves a significant problem, executing a good plan, and getting out while still ahead.

Matt Jenkins was named director of well abandonment at Well-Safe Solutions. Jenkins joins Well-Safe from ConocoPhillips, where he led its UK plug and abandonment engineering and strategy while playing a key roal in its southern North Sea decomissioning project. He has 15 years' experience in a variety of North Sea projects, working in drilling, completions, interventi…

Flowserve announced the hiring of Lee Eckert as senior vice president and CFO effective 9 October. Eckert has more than two decades of financial experience. He previously spent 2 years as senior vice president and CFO of CHC Group, a commercial helicopter provider to the offshore oil and gas industry. Before that, he was CFO of the US division of National Grid and ser…

Projections of future production in the Permian Basin may came up short because new wells drilled near older ones are likely to yield less.

ExxonMobil announced an enhanced program to reduce methane emissions from its production and midstream facilities across the US. The program includes a commitment to switch out more than 1,000 high-bleed pneumatic devices over 3 years.

Safety risks of drilling operations are widespread, with potentially significant consequences. Managing these safety risks is key, and intelligent safety risk software can help.

Total is increasing its stake in the US Gulf of Mexico after buying shares of promising prospects from Chevron.

Workers who were likely exposed to dispersants while cleaning up the 2010 Deepwater Horizon oil spill experienced a range of health symptoms including cough and wheeze and skin and eye irritation, according to scientists at the National Institutes of Health (NIH).

Techstars is partnering with Statoil to select the world’s 10 most promising energy innovators and entrepreneurs to participate in the Techstars Energy Accelerator program. Selected companies will be tasked with compressing 2 years of development work into 13 weeks.

The Pipeline and Hazardous Materials Safety Administration (PHMSA) is cracking down on smaller violations in the crude oil, petroleum, and hazardous liquid industries to combat a slow rise in the number of pipeline accidents.