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A slimmer and trimmer offshore segment emerges in 2018.
If you were looking for signs that the LNG merry-go-round is starting to spin a little faster, the announcement of a planned massive expansion in Papua New Guinea is ample evidence.
The new ‘normal’ is a catalyst for change.
Companies are starting to use predictive data to inform which vehicles they purchase and when to replace older vehicles before maintenance costs grow.
Surging output from shale underscores the growing competitive threat to members of OPEC and its allies led by Russia.
Maintaining discipline and patience can pay dividends in an R&D program.
The trend of drilling long may be forcing production to pull up short.
New charging models, digital investments and compliance solutions will be key initiatives that companies will pioneer to leverage the industry turnaround in 2018.
Russian LNG cargo and its circuitous route to Boston have generated considerable speculation among industry analysts.
Some major oil companies have recently bought stakes in solar energy companies, further diversifying their portfolios.
Crude prices and refinery margins have an inverse relationship, with the profit from producing fuels tending to peak in the weeks after crude prices reach lows.
The offshore industry continues to shine, but without marine seismic, how long can that last?