offshore
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Many of the biggest players in the industry—particularly the majors—have adapted their portfolios for “lower for longer” and are once again sanctioning big projects. While we are not back to the heady days of 2010–2014, we have left behind the dark days of 2015–2016.
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A Gulf of Mexico case history is presented describing the successful delivery of two deep high-pressure high-rate-designed oil wells in an ultradeepwater environment.
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Baku Shipyard completed the sea trials of BP's subsea construction vessel Khankendi, which is being constructed for the Shah Deniz Stage 2 project.
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While the slowdown offshore persists, this 96-year-old drilling outfit says that sharing its high-tech simulators with more of its clients will strengthen the business.
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The top US wind power official told the offshore upstream sector that it can help build “smaller, leaner, and cheaper" wind turbine farms.
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A major offshore discovery led by Talos Energy is the first successful wildcat well drilled by a private company in Mexico in almost 80 years and a milestone for the country’s recently enacted energy reform.
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The merger of industrial giant GE and oilfield services firm Baker Hughes closed on 3 July, creating the second-largest oil field services firm in the world.
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For startups in the upstream sector, knowing how to navigate through a technology's Minimum Viable Product stage is critical, but not always straight forward.
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Low oil prices have made the goal of this Petrobras project and its four partners to lower the break-even price of operating to USD 35/bbl.
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Petrobras, Wood Group, Shell, BP CEOs are among the industry leaders scheduled to speak at SPE Offshore Europe 2017 in Aberdeen.