Asset Management
The Houston-based developer of AI-powered submersible robotics earned the Best in Show Award and a $10,000 prize.
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
The GRMS system of standardization and classification for geothermal resources, led by a coalition of stakeholders in collaboration with Project InnerSpace and the Society of Petroleum Engineers, will be published in November.
-
New leadership aims to make positive, lasting changes at RPSEA. -
ADNOC and BP will collaborate to form an earth surface technology center in Abu Dhabi. ADNOC has also reformed its stage gate process for advancement of new technologies.
-
Douglas-Westwood’s quarterly World Oilfield Services Market Forecast and World Oilfield Equipment Market Forecast continue to suggest that 2016 marks the start of a barren period for the global oilfield services and oilfield equipment sectors, with onshore looking more positive than offshore.
-
Mass layoffs and rising bankruptcies haven't put an end to abundant supplies.
-
A fairly stable set of conditions coalesce to make a strong reason to expect the oil price to range between USD 30/bbl to USD 60/bbl for the foreseeable future.
-
The US rig count has inched up recently, and the driver has been the old reliable of onshore oil production, the Permian Basin. With surging production, the Permian is the only major US oil shale play to grow since crude prices began to fall.
-
Helicopter operations are important in the offshore industry but accidents involving them can have fatal consequences. This paper focuses on risk mitigation during the loading/unloading task of a slickline/wireline job from various viewpoints, including the psychological aspects of the crew.
-
Virtual reality technology has become a powerful training tool for companies looking to recreate real-life, on-the-job oil industry scenarios.
-
A reason why projects are not completed on time is the disconnect between operators and contractors. An integrated asset approach tackles complex offshore jobs by being holistic and full field in nature and encompassing the planning, building, and operating phases of a project.
-
Iraq is producing oil at record levels this year but low oil prices have cast doubts on the economic feasibility of its licensing contracts, which some analysts and policy advisers say are holding back higher output.
