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ExxonMobil’s rig automation experiment is accelerating, with plans to push the number of rigs in the system from three to nine. Drilling efficiency was improved by use of an automated pipe-handling system, which reduced the median time required for connection at one location by 20%.
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The companies have signed a memorandum of understanding on digital collaboration to develop solutions and methods together through the exchange of expertise in areas such as data science, artificial intelligence, and 3D printing.
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A VLCC converted to FPSO, Liza Destiny has a production capacity of 120,000 B/D of oil.
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Industries have gone a long way in the implementation of digital and intelligent technologies and have already realized numerous benefits. However, leaders realize that the full value of any transformation is unlikely to be achieved by implementing strategies of the past.
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Engineering career tip of the day: If you are using Microsoft Excel at work, don’t leave it open on your computer when your boss is nearby.
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Westcoast Energy revised its inspection practices following the 2018 incident. Its model used to predict crack growth did not take into account all uncertainties
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This is the second EPC contract Bechtel signed for Port Arthur LNG. Final investment decision is expected this year.
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The largest oil and gas major in the US is calling for tighter rules around methane monitoring, wellhead venting, and the replacement of equipment components with “high-leak potential.”
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The parallels between offshore oil and gas and Formula 1 might not be immediately apparent to all. As a sport, Formula 1 has always been a passion of mine. As an offshore installation manager, the oil and gas industry is a professional passion.
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Salk’s Harnessing Plants Initiative will receive a $12.5 million gift from Hess to advance two projects to enhance plants’ natural ability to store carbon and mitigate the effects of climate change: the CO2 Removal on a Planetary Scale (CRoPS) program and the Coastal Plant Restoration (CPR) program.
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The company announced both contract awards simultaneously. The new contract awards could be worth up to $800 million.
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Led by Texas and New Mexico, year-over-year crude output jumped by 11% according to the US Energy Information Administration. Going forward, new records will be set but at a slower pace.
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