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The offshore oil and gas industry only has to look back four years to see why investing in safety isn’t a frivolous expenditure, it’s hard-nose business, the nation’s top offshore regulator said Monday.
Eastern Canadian provinces are promoting their cold offshore waters as a hot opportunity for finding new offshore oil plays.
Marine and drilling regulators vowed Thursday to keep a closer watch on oil companies and contractors they say are consistently cutting corners on safety offshore.
Several thousand subsea wells may need to be replaced in the coming years, an oilfield servicer said Thursday at the Offshore Technology Conference.
A new twist on offshore drilling will revolutionize the way oil companies think about well designs in ultra deep-water reservoirs and is pushing the limits on how deep they can reach into the earth, energy executives said Thursday.
John Gremp, CEO of FMC Technologies, explains that because many new discoveries involve complex geologies and harsh environments, operators and suppliers need to work collaboratively to develop the resources.
Though various models of the ship have been coming to the Offshore Technology Conference for about 15 years, the Pieter Schelte never fails to draw a crowd.
A recent pairing between Baker Hughes and a Norwegian subsea equipment maker will enable engineers from both companies to tinker with massive subsea pumps and other technology geared to flush out more oil from deep-water reservoirs.
As the country readies for a boom in exports of liquified natural gas, floating liquefaction facilities are poised to play a pivotal and growing role, industry officials said Wednesday at the Offshore Technology Conference.
Most of the eye-popping technology on display at OTC is mind-numbingly complex. Others, like the wares at the Trauma Locker booth, are so simple they inspire an age-old question: Why didn’t I think of this?