More than 300 of the upstream industry’s brightest minds gathered on the evening of Thursday 13th October, 2016 to celebrate the winners of the
ENERGY
Energy is liberated matter, matter is energy waiting to happen; whenever energy happens, we alert you.
BP Drops Drilling Programme in the Great Australian Bight
BP has ditched its exploration drilling programme in the Great Australian Bight (GAB), a large open bay, off the central and western portions of
Weatherford introduces Compact formation sampler
HOUSTON — Weatherford has announced the official launch of its Compact formation sampler. The slim-profile wireline tool can capture up to three 700-cc samples
Nigeria, Libya, Boosts OPEC Crude Output Supply
VIENNA, Austria (Bloomberg) — OPEC crude production rose to a record in September, according to a Bloomberg survey, driven by returning output from Libya
Baker Hughes to partner with Venezuelan contractor to tap Orinoco belt
Y&V Group, the only Venezuelan contractor selected to participate in a multi-billion-dollar drilling project in the country’s Orinoco belt, is relying on an alliance
OPEC Agrees to First Oil Output Cut in Eight Years
OPEC agreed to a preliminary deal that will cut production for the first time in eight years, according to delegates briefed on the matter.
Halliburton launches next generation of drilling motors
HOUSTON — Sperry Drilling, a Halliburton business, has announced the release of GeoForce Endure and StrataForce Endure motors, the latest additions to the company’s
Halliburton introduces acoustic analysis service
HOUSTON — Halliburton has announced the release of the Acoustic Conformance Xaminer service (ACX), a technology to help operators identify and pinpoint costly wellbore
Cold Stacking of High-Tech, Deepwater Drillships
In a far corner of the Caribbean Sea, billions of dollars worth of the world’s finest oil equipment bobs quietly in the water.
BHP CEO’s Salary Was Cut in Half After the Samarco Disaster
BHP Billiton BHP 1.51% Chief Executive Andrew Mackenzie’s annual salary was cut in half following the Samarco dam disaster in Brazil that claimed 19