Onshore/Offshore Facilities
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
The events will be co-located 3–5 May 2027 at Reliant Park in Houston, Texas.
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
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BHGE opened its largest Customer Solutions Center globally for its inspection technologies business. -
Ground sensors on assets over a broad area have limited returns on investment if the asset life cycle is less than 10 years, and obsolescence of the technology if it exceeds 10 years. Complementing sensors with aerial remote sensing at scale may help to mitigate these issues.
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When two engineers lost their jobs during the industry downturn, they used the misfortune as an opportunity to develop an innovative concept that aims to make it a lot easier to move subsea gas long distances.
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Risk-based design is very important, especially for complex systems, because a deterministic approach may not provide a strong underpinning to the reliability estimation of the downhole tools. We have to reduce the probability of failure.
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The US re-imposing sanctions on Iran has prompted Total to consider dropping its stake in a project designed to bolster output from the world’s largest gas field.
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In 2016 , several coordinated actions led to trespass and vandalism of pipelines and pipeline facilities, some of which were prosecuted as felony criminal acts. The defendants in several of these cases have raised a "necessity defense" to their actions, and two courts have now allowed that defense.
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Although the FLNG concept has been around for decades, only three units are in the water and operational or under commissioning as of 2018. As the mitigation of technological risks is demonstrated, commercial risks become the focal point and the challenge to financing the capital-intensive projects.
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Learn about the guidelines for early stages of projects and a method for evaluating the effect of inlet piping and devices on gas/liquid separator performance and useful tools to evaluate the adequacy of a proposed design. [Note: Updated on 22 May, the article contains a number of corrections.]
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Global spending on oil and gas decommissioning is expected to be $13 billion per year by 2040. The launch of a collaborative supply chain approach to global decommissioning offers an end-to-end solution to reduce the decommissioning burden, risk, and cost for operators in Europe, Asia, and Americas.
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How will a US steel tariff affect the oil and gas supply chain? Industry criticism points to a noticeable effect on construction expenditure and jobs, but where will the pain be most felt?
