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As operators feel the pinch of low oil prices, so, too, do their service providers.

The JV continues KBR’s work history in Kazakhstan. The company has worked on various projects in the country since 1993.

Environment/social/governance (ESG) represents the integration of human values into the financial value of investments. The energy industry that emerges from the COVID-19 pandemic will be different from the one that entered it.

Its reward for years of struggling to adapt to low prices and weak demand for its oil and gas has been an epic crash. Canadians selling change say it is time to consider possibilities that seemed inconceivable in the past.

Autonomous Inflow Control Valve technology demonstrates significant benefits within first year.

While a year with less than 200 subsea tree awards seems uncommon, a year with less than 100 awards is an even rarer sight. It has only happened once before since the turn of the century, in 2016 following the oil price crash of 2014–2016.

The Offshore Technology Conference (OTC) selected 12 new technologies for its 2020 Spotlight on New Technology Awards. The annual awards program recognizes innovative technologies and allows companies to showcase the latest advances in offshore exploration and production.

The Offshore Technology Conference was cancelled for the first time ever due to the COVID-19 pandemic. But the flow of ideas continues. As proof, this curated summary of technical papers highlights unique concepts that might someday reduce the offshore sector’s heavy cost burdens.

Some well-testing operations are executed by performing multiple runs in hole using slickline and coiled tubing (CT). A technology has been developed that combines many of these operations, including contingency stimulation activities, into one run.

The papers summarized in this year’s feature demonstrate the application and versatility of coiled-tubing-based solutions to different phases of a well’s lifecycle, from exploration through production and, finally, to abandonment.