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Since 2014, more than 200,000 jobs have been lost in the industry. Many of those experienced employees have called it quits for good.
In a first-of-its-kind application, subsea LiDAR delivers the data needed to 3-D print an accurate physical model of a damaged subsea part.
Technology has great potential to reduce HSE risks.
More FPSO units will be utilized between the years 2020 and 2023, with each year seeing about 10 more units working, forecast says.
Trump may be willing to abide by some of the Paris climate accords, particularly those that jeopardize U.S. trade with a carbon tax.
The move followed the federal government’s decision to remove the Mid-Atlantic and South Atlantic Planning Areas of the Atlantic Ocean from the 2017-2022 Outer Continental Shelf Oil and Gas Leasing Program.
Handling HP/HT operations safely, economically and with environmental sensitivity calls for highly specialized equipment and technology to exploit future reserves.
Companies are demonstrating that talk of applying their offshore expertise and experience to real-world renewables is more than just hot air.
Reduced exploration budgets have seriously harmed the sector.
It’s no longer science fiction. Cloud computing is an everyday fact of life.
Done correctly, internal crowdsourcing will become a lasting part of the fabric of an organization and set it up for success in an increasingly competitive industry.
The news is encouraging for the FPSO sector, where activity has drastically slowed. Analyst says FPSO orders will increase in 2017.