Winners of this prestigious award reach across a broad range of disciplines and address a number of problems that pose roadblocks to efficient operations.
Oil and gas discoveries plus a surge in deepwater drilling have resulted in the need for more production floaters, according to a recent analysis that predicts a 40% growth in orders by 2017.
With oil and gas companies facing several barriers to growth in 2013, forward thinking is needed to overcome momentary economic setbacks and map future successes in challenging new operating environments.
The presence of guar gum substitutes and expectations that North American market frac activity will level out within three years led to PacWest’s prediction that guar prices will stabilize at $3 or $4 per pound next year.
With more than 40 major upstream projects slated through the end of the decade, BP is relying on technology and a talented workforce to meet future energy demands.