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The merged companies will offer large-diameter coiled-tubing, directional drilling, snubbing, wireline services, and pressure pumping services.

Historically, natural gas contract prices were tied to the price of crude; now, volatility and growth in spot-market liquidity signal a shift from long-term linking toward a more integrated market.

The A-frame is DNV certified. TechnipFMC’s ROVs will deploy in GoM later this year.

The sale of the Appalachia position is in line with Shell’s strategy to focus on its shales strategy.

The Texas Railroad Commission finally ended its uncomfortable flirtation with limiting production by declining to set quotas, but it changed rules to speed oil storage construction and allow companies to conserve cash by giving them more time to plug wells and clean up waste pits.

"Sooner or later, we will get machines that are at least as intelligent as humans are," says Christof Koch, chief scientist and president of the Allen Institute for Brain Science in Seattle, Washington.

As can be common in many technical fields, the landscape of specialized roles is evolving quickly. With more people learning at least a little machine learning, this could eventually become a common skill set for every software engineer.

To keep pace with the digital age, the critical infrastructure and automation industries are looking beyond today’s control systems for new, common technologies to help balance requirements for uptime with digital technologies. Open standards can help.

Rystad Energy's analysis shows the decline is in contrast to $170 billion worth of tenders awarded in 2019. Tender activity is expected to show marginal recovery in 2021, reaching about $74 billion.

The Offshore Technology Conference announces the 2020 recipients of the Spotlight on New Technology Award. Eighteen technologies from 14 companies from around the world will be awarded this year, including six companies that will be recognized for the Spotlight on Small Business Award.

As the world’s top oil producers prepared for a weeklong meeting in April to plan a response to slumping prices of crude, espionage hackers commenced a sophisticated spearphishing campaign that was concentrated on US-based energy companies.

Malaysia’s push to explore energy blocks off its coast has turned into a five-nation face off involving US and Chinese warships, raising the risk of a direct confrontation as broader tensions grow between the world’s biggest economies.