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Brazil Focuses on Cost Control in Deep Water
Petrobras says it can produce oil for a lower break-even cost than onshore shale plays, including the Permian Basin. Brazil’s offshore sector has cut the cost of deepwater production but comparisons based on break-even prices are slippery.
Venezuela Oil Output Sinks to Lowest Level Since Early 2003
The recent production freefall could accelerate even further as US sanctions-related deadlines pass, the US Energy Information Administration said.
Industry Dives into UK’s New Oil and Gas Data Hub
Some 3,000 people and counting intrigued by UK oil and gas data have signed up for access to the country’s new National Data Repository. What motivated the OGA to make the data available to the public, and what can the public do with the data?
Digital Transformation at BP is Starting to Add Up to Billions
Analytics, sensors, and robots are changing the way one of the world’s largest oil and gas companies does business. Underpinning all the new technology though is a shift in how BP thinks, and what it means to be a supermajor in the 21st century.
Trade War Leaves LNG Projects Vulnerable
The escalation of the trade war between the US and China could jeopardize several LNG megaprojects that are awaiting final approval.
Digital Technologies Shake Up the Safety Status Quo
Digitalization and new technologies are disrupting old practices and shaping a new safety landscape for the oil and gas industry. At OTC, a panel sponsored by the Center for Offshore Safety looked at the effects of some of these new technology trends.
Idle Drilling Rigs Actually Require a Lot of Work
When a rig is stacked, its owner has two choices: spend millions to keep it in good shape, or let it rust out. These two companies describe what it is like to maintain their assets for the day that a contract comes.
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Seismic activity: A panel at this month’s Offshore Technology Conference looks at how the sector will rebound after several trying years. View more at OTC’s YouTube channel
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Share the Potential of a Life in STEM
Energy4me volunteers spent some time in the classroom, showing students how oil and water don’t mix and what that means for the oil and gas industry.
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Centrifugal Pumps
Centrifugal pumps are the most commonly used kinetic energy pump. Learn about impellers, pump performance curves, installation considerations and more.
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