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?
Big Oil companies may have fallen behind their smaller rivals in North American shale plays, but their investments in South Texas and Pennsylvania could one day pay off in unconventional reservoirs abroad, a BP executive said this week.
Four years after the Deepwater Horizon disaster spotlighted shortcomings in the blowout preventers intended to safeguard offshore wells, government regulators are still drafting long-promised regulations meant to boost the reliability of those critical emergency devices.
Royal Dutch Shell executives said Tuesday new regulators that require weekly testing of the equipment that failed BP in the massive 2010 Gulf of Mexico oil spill have added as much as a month to drilling time at its massive new offshore project.
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