offshore

Amid continued health and travel concerns, the OTC Board of Directors felt this decision was the most feasible and responsible.

The healthcare provider has developed and launched a new service to safely manage suspected cases of coronavirus following workers’ disembarkation from offshore locations.

Revised estimates of project sanctioning total $61 billion in 2020, which is down from $192 billion forecast in 2019.

ExxonMobil’s rig automation experiment is accelerating, with plans to push the number of rigs in the system from three to nine. Drilling efficiency was improved by use of an automated pipe-handling system, which reduced the median time required for connection at one location by 20%.

A VLCC converted to FPSO, Liza Destiny has a production capacity of 120,000 B/D of oil.

Led by Texas and New Mexico, year-over-year crude output jumped by 11% according to the US Energy Information Administration. Going forward, new records will be set but at a slower pace.

The complete paper presents a practical approach for validating design-verification analysis for subsea equipment, using a representative pressure valve block to correlate finite-element analysis (FEA) predictions for strain changes with actual measured changes.

AG&P breaks ground on Karaikal LNG.

Transocean reported a long list of reasons why the deepwater drilling business is coming back strong. Making money is still not one of them.

Qatar has reportedly delayed the selection of Western partners for its massive North Field LNG project.