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The American Petroleum Institute (API) named Mike Sommers the new president and CEO to succeed Jack Gerard who announced earlier this year that he will step down this summer after a decade at API. Sommers brings 2 decades of political experience to API, including his current role as president and CEO of the American Investment Council (AIC). Prior to joining the AIC a…

How will a US steel tariff affect the oil and gas supply chain? Industry criticism points to a noticeable effect on construction expenditure and jobs, but where will the pain be most felt?

Figures from a 2017 study on trends in risk level in the petroleum activity show progress for a number of risk indicators. But serious personal injuries are growing, while feedback on the working environment, the HSE climate and perceived risk is moving in the wrong direction.

Two prominent security consultant firms estimate that energy companies, ranging from drillers to pipeline operators to utilities, invest less than 0.2 percent of their revenue in cybersecurity.

The Health and Safety Executive (HSE) has warned the UK’s offshore oil and gas operators that they must do more to tackle hydrocarbon releases in the North Sea after coming “perilously close to disaster” in recent years.

Unmanned aerial systems (UAS) are lightweight, low-cost aircraft platforms operated from the ground that can be outfitted with imaging or nonimaging payloads. UASs offer health, safety, and environment professionals a promising opportunity to reduce risks by keeping people out of harm’s way.

The Bureau of Safety and Environmental Enforcement is proposing to update regulations covering offshore oil and gas drilling operations.

Executives from several service companies involved in the offshore space—including two sides of a recent hostile takeover bid—came together at OTC to discuss the virtues of collaboration and rationale behind M&A.

ExxonMobil’s hot streak of offshore discoveries have sparked investor interest in the Guyana-Suriname basin. How did the company get there, and why do industry representatives feel optimistic about future deepwater prospects in the region?

Brazil’s large offshore discoveries and domestic demand for oil and gas are a combination that holds potential for explorers to make money on high-priced blocks. A series of offshore auctions offering more attractive properties at more reasonable terms have attracted aggressive bidding.

Sustainable cost reductions through innovation and standardization will have more of a positive effect on the offshore sector than cyclical oil-price increases, an OTC panel of industry participants agreed.

Trelleborg Sealing Solutions received approval for 25 materials to American Petroleum Institute API-16C specification relative to oil and gas choke and kill valve requirements. This represents the largest number of materials compliant to the standard available from any seal manufacturer, according to Trelleborg. The certification dictates a brine/diesel chemical compo…