Latest News

The past year ended with a surge of subsea tree awards as E&P operators locked in lower supply-chain cost. Will demand continue to grow in 2019 and allow subsea OEMs to build backlogs and take back pricing power?

McDermott International announced a “large” contract award from Saudi Aramco for the engineering, procurement, construction, and installation (EPCI) services in the Marjan field offshore Saudi Arabia. The contract calls for the upgrade of two existing platforms related to the installation of associated equipment for electrical submersible pumps, as well as space for a…

The Abu Dhabi National Oil Company (ADNOC) has awarded South Korea’s SK Engineering and Construction Company a contract to build what it calls the largest underground project ever for oil storage. Under the terms of the deal, SKEC will construct three underground storage caverns in the Emirate of Fujairah on the eastern coast of the United Arab Emirates. Each cavern w…

BP has contracted with i-Tech Services for subsea construction, inspection, repair, and maintenance (IMR) of BP’s portfolio in the West of Shetland and northern UK North Sea regions. Under the terms of the deal, i-Tech will provide a life-of-field support vessel complete with work-class and observation-class remotely operated vehicles (ROVs), capable of performing ins…

Operators in the Permian Basin are looking for new ways to handle the rising volumes of produced water coming out of the region without using saltwater disposal wells. One solution, treatment for discharge, could provide an efficient alternative.

Glen Christensen has joined Kleinfelder Engineering as vice president and area manager for the firm's Alberta, Canada operations. He will be responsible for managing operations throughout the region, which includes offices in Edmonton and Calgary. Christensen brings over 20 years of experience delivering engineering and construction projects for clients in the heavy o…

Funding for startups in the upstream industry does not always guarantee that oil and gas companies will want to test the new technology. A new venture and accelerator model hopes to change this through guaranteed pilots.

Noble’s first row of wells in its massive Mustang project is helping increase the operator’s DJ Basin output, and similar results are soon expected in the Delaware Basin.

Another reminder that it costs more to coax the same amount of oil from new wells as for older wells nearby, with a closer look at the big plays and how the wells are completed.

Neural networks can be as unpredictable as they are powerful. Now mathematicians are beginning to reveal how a neural network’s form will influence its function.

The North Dakota Petroleum Council is introducing One Basin—One Way, a program that hopes to reduce orientation redundancies and streamline training.

Jobs with repetitive activities may decrease, while new types of onshore jobs are being created.