Latest News

Hurricane Delta leads to shut-ins of 92% oil and 60% gas production in GOM as landfall is expected today.

As the science has developed, accident-causation models have improved understanding of why accidents happen and how to reduce their likelihood. In more contemporary models, this approach also has been used to improve the understanding of why things go right and how to increase that likelihood.

Breakwater’s produced-water-recycling facility has the flexibility to recycle, store, or dispose of water. It has already recycled nearly 5 million bbl of produced water in the third quarter of 2020.

Eni plans to reuse depleted hydrocarbon reservoirs in Liverpool Bay to permanently store CO2 captured in northwest England and North Wales.

The FPSO will be capable of processing 90,000 B/D of crude, 75 million ft3/D, 120,000 B/D of water injection, and a storage capacity of 900,000 bbl of crude oil. First oil is planned for 2021.

GOM production shut-ins increased to 80% of the oil and 49% of natural gas. Hurricane Delta weakened from a category 4 storm to a category 2 storm on Wednesday and is expected reach the US Gulf later in the week.

The merger will effectively end the 86-year run of UK independent oil producer Premier Oil and give rise to one of the largest companies operating in the North Sea region.

The acquisition of Weir’s lines of pumps, consumable parts, wellhead, and pressure-control products expands Caterpillar’s well-service capabilities.

Hurricane Delta is expected to hit Mexico’s Yucatan Peninsula on Wednesday and reach the US Gulf later in the week. Twenty-nine percent of the current oil production and 9% of natural gas production in the Gulf of Mexico is shut in.

With oil prices still low, Hess decided to sell a stake in one offshore project to help pay to develop a much larger one.

The latest updates on the North American shale sector’s efforts to consolidate and restructure.

Imagine the time when we are no longer concerned about the digital-transformation issues we face today, such as data availability, security, and many others. This would be the time when companies make the best out of digital infrastructure. This era might be here sooner than expected.