These long-term contracts mean that Hammerfest will be an important helicopter base for us for many years to come.
Read More »Halliburton Introduces New Drill Bit for High Energy Applications
Recent years have seen advances in drilling equipment and practices that have enabled operators to significantly increase energy and drilling speed to reduce costs.
Read More »How Russia Saved This Oil Platform from A Titanic Disaster
In terms of oil. it’s estimated that the Arctic has 90 billion barrels of oil that is yet to be discovered.
Read More »Schlumberger Announces New Digital Well Construction Planning Solution
The DrillPlan solution will be available in North America land operations in fourth-quarter 2017.
Read More »Baker Hughes Wins Major Deal for Egypt`s Zohr Gasfield
Project has potential to meet Egypt’s growing gas demand and save the country billions of dollars.
Read More »BP Launches New Vessel for Shah Deniz Stage 2 Project
BP stated that the crane is capable of placing 750t subsea structures as far as 600m below sea level.
Read More »Hydrogen Power Storage Development Gaining Impetus
The years 2020 to 2030 will be for hydrogen what the 1990s were for solar and wind.
Read More »‘First of Its Kind Waste-to-Gas Plant’ Hits UK
Waste will be delivered once each day and up to 150 cubic metres will be stored for weekend operation.
Read More »Russia Proposes Energy Research Initiative for BRICS States
Russia has proposed to create a research platform for the energy sector to be shared among the BRICS states.
Read More »Petronas. Aramco Keen on $1.8 Billion Daewoo E&C Controlling Stake
In July. Petronas scrapped a proposed C$36 billion ($29 billion) liquefied natural gas project in western Canada due to weak prices. in a blow to its global ambition.
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