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The SPE International Awards honor members whose outstanding contributions to SPE and the petroleum industry merit special distinction. Recipients of the 2020 International Awards will be recognized during the Annual Technical Conference and Exhibition.
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The national oil company’s remote northern region has delivered a pair of greenfields that await further drilling before a reserves estimate can be made.
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The Norwegian company completed what it describes as the world’s first logistics operation with a drone to an offshore installation.
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The International Association of Oil and Gas Producers and IPIECA, the industry group focused on environmental and social performance, have released their annual assessment of health performance in the industry. The report is based on voluntary reporting from the two groups’ member companies.
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Equinor said drones could reinforce safety, boost production efficiency and contribute to lower CO2 emissions from Norwegian oil and gas
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The AC and DC uninterruptible power system specs were prepared with the support of the World Economic Forum. Phase 3 of the program aims to develop 40 new specifications.
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The proposed restructuring plan aims to eliminate about $74 million of the company’s debt.
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The moves are part of the company’s plan to consolidate its recently acquired business units to stabilize its business following the global pandemic and economic downturn.
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The FEED contract is expected to be converted into an engineering, procurement, construction, and installation contract in Q1 2021.
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While implemented with the best intentions, most HSE programs bring an element of administrative burden. In 2017, Dyno Nobel examined how to remove or modify programs to be less of a burden without increasing risk. Just like in Jenga, the blocks must be moved without destabilizing the structure.
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The new geothermal project development company will offer expertise in subsurface and drilling, project development, and risk mitigation.
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The V-shaped recovery for oil demand is likely to end up looking lopsided. The recent rapid rise in consumption is expected to stop before it gets back to the peak seen earlier this year.
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