The Latest

Business

How the Oil Sector Can Truly Embrace Innovative Technology

Today, millions of employees are adjusting to remote work because of the coronavirus pandemic, which should ensure growing momentum in the oil and gas industry toward embracing new tech.

May 29, 2020

Reservoir Evaluation

Aker BP Contracts Optime’s New Remote Tubing Hanger Technology

Aker BP will be the first user of the new technology Optime Subsea has developed that removes umbilical controlled tubing hanger operations, the company said on May 29.

May 29, 2020

Technology

E&P Production Tech Spotlight: Diagnosing Flow Downhole

Production logging is an essential resource for managing well and reservoir performance, but traditional methods only see half the picture.

May 29, 2020

Business

Oil Industry Faces IT Challenges Amid the ‘New Normal’

Industry experts discuss how the downturn and pandemic are impacting IT and OT for the oil and gas sector.

May 29, 2020

Seismic

TGS Commences Atlantic Margin 20 3D Survey

TGS, a leading provider of multiclient geoscience data for E&P companies, said May 27 that it has commenced the acquisition of its Atlantic Margin 20 (AM20) 3D multiclient seismic project offshore north-west Europe.

May 29, 2020

Seismic

PGS Completes East Shetlands Basin Survey

PGS has successfully completed the acquisition of its East Shetland Basin 2020 survey and the first results will be available in August, the company said on May 27.

May 29, 2020

Investment

Survey: Energy Transition to Remain Priority for Oil Industry Leaders

A recent survey revealed the energy transition will likely be immune to COVID-19 as 92% of oil and gas executives reported already having or developing a strategy to reduce reliance on fossil fuels.

May 28, 2020

Exploration & Production

E&P Last Word: Empowering the Back Office

The choice of accounting software may be holding back oil and gas companies from unlocking significant costs savings and efficiency gains.

May 28, 2020

Methane

E&P Operator Solutions: Methane Measurement Understanding the Big Picture

By establishing a good strategy for emissions management, oil and gas operators can bring an end to the never-ending chase of identifying and fixing leaky systems.

May 28, 2020

Subsea

Petrofac Secures Iraq Contract Extension with Basra Oil Company

Petrofac’s engineering and production services division (EPS) has secured a further six-month contract extension with Basra Oil Company (BOC) for its long-standing Iraq crude oil export expansion project (ICOEEP) on May 28.

May 28, 2020