NOV
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Transition requires action, not perfect technology, but challenges remain around scalability, cost, and revenues.
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The two companies have agreed to team up so their most-valued drilling-automation programs can be used together easily. The relationship has shined a bright light on drilling automation.
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After a lot of talk of the transition, BP and Total are making bids to become major wind energy producers in the UK. Meanwhile, NOV said the offshore wind sector is becoming a big business for it too.
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The first offshore wind turbine installation vessel in the US is one of the largest of its kind in the world.
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Electrically powered completions equipment takes another step toward greater sector adoption with the announcement of this new agreement.
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A lot about the blowout preventers used for offshore drilling has changed since Macondo in 2010, but the essentials remain. This evolution serves as a case study on why some oilfield technology is hard to change.
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The bow tie concept of safety was on display at a recent live podcast presented by SPE, where representatives from Equinor, NOV, SOS International, and the Energy Institute discussed efforts to keep offshore workers safe during the current pandemic.
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The best way to know how drilling affects drill bits is to visualize the bits. A device that creates high-resolution images for precise measurements is one of three technologies being featured in a JPT series on drilling measurement innovations.
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The entrepreneurial ecosystem and the oil and gas industry are not a perfect match, but the industry has made strides in recent years to attract the startups developing innovative technologies that could usher it into a new era. How are companies bridging the gap?
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A comeback in offshore and international exploration and production is making up for the North American slowdown, but it is a difficult transition.