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A new networked checkpoint tower system has been designed specifically for remote oilfield work sites. The system keeps track of human and vehicle flow, enhancing operational safety and aiding in enforcement of company policies.
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Executives from two of Asia’s largest national oil companies declared China’s Belt and Road Initiative project a driving force behind their shifting priorities to diversify the world’s energy mix.
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With new digital platforms and technologies driving the industry in the near future, organizations are examining the ways in which their established work flows may help or hinder their ability to adopt and adapt.
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The outlook in the UK is a case study of the squeeze facing E&P in other basins where operators are trying to pay to sustain production with discoveries, while plugging and abandoning old wells, all paid for by the lean cash flow due to low oil prices.
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Noble’s farm-in to blocks recently awarded to Shell marks the Houston-based independent’s entry into Colombia, where the government hopes to boost offshore exploration.
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The project framework agreement moves the proposed conversion of Lake Charles LNG’s import and regasification terminal closer to sanction, which is expected sometime this year.
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Blockchain, the underlying technology behind the sensational Bitcoin, could profoundly affect the oil and gas industry by cutting down on operational time and costs while also introducing more transparency to the industry.
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Saudi Aramco signed a land lease agreement with McDermott Arabia Company, a subsidiary of McDemortt International, to grant McDermott a lease to establish a fabrication facility in Saudi Arabia.
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Telford Offshore has been awarded several pipelaying and construction services contracts by Mexican company Protexa, which is chartering three of its DP3 multipurpose vessels for a combined period of approximately 400 days.
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Equinor marked the installation of the last pieces of the Johan Sverdrup field center with the heaviest lift ever performed offshore. Two final platform topsides, a bridge, and a flare stack were installed last week.
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Megaprojects have come to define many of the world’s new resource projects but they are also a testament to the awesome engineering capabilities of the oil and gas industry. Find out who took home this year’s honors.
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The papers identified in the article cover sustainable development of oil and gas resources in various aspects.
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