Industry Trends
News
June 06, 2025
Kongsberg Maritime has announced a partnership with Solstad, Østensjø, DeepOcean, and Remota that will launch a pilot project to explore the potential for remote Dynamic Positioning (DP) operations in the offshore sector.
News
June 04, 2025
Banks are staying confident in long-term energy fundamentals despite significant trade policy turbulence, according to the Spring 2025 Haynes Boone Energy Bank Price Deck Survey. The survey, now in its 12th edition, is a leading source of information for energy lenders and producers.
Article
May 2025
The new Hummingbird all-electric land cementing unit is making its debut in field trials this year, and it stands to improve sustainability, reliability, efficiencies and safety of cementing operations.
News
May 15, 2025
Global oil demand growth will slow during the remainder of 2025 after a robust first quarter due to “economic headwinds,” the International Energy Agency said. The IEA also downgraded the outlook for U.S. shale oil production due to lower crude prices.
News
May 07, 2025
In keeping with the overall themes raised on day one of OTC 2025, Weatherford CEO Girish Saligram discussed some of the major challenges facing the offshore industry as a whole in an executive dialogue panel on Monday.
News
May 05, 2025
(WO) – Day one of OTC 2025 kicked off Monday, May 5, in Houston, Texas. Offshore innovations and industry priorities in the current economic and geopolitical climate led much of the discussion on day one, exemplified in a panel on electrification.
Article
April 2025
As a component in the upstream value chain, production seemingly has been the last sector to see its problems solved through encompassing solutions, but that reality is changing.
News
April 25, 2025
According to a new report from Enverus Intelligence Research, upstream M&A opened 2025 with $17 billion in deal value, the second-best start to a year since 2018. However, activity was disproportionately driven by one company, Diamondback Energy.
News
April 21, 2025
Drivers at Energy Transfer locations across Texas, Oklahoma, and Louisiana have petitioned for a vote to remove the United Steelworkers union, potentially affecting over 420 workers in the oil and gas transportation sector.
News
April 21, 2025
TIPRO reports a 700-job decline in Texas upstream oil and gas employment in March, despite strong hiring activity and record production in the Permian and Eagle Ford. Regulatory shifts and market volatility continue to shape industry outlooks.
Webcast
Best Practices to Improve Design and Operations of Sulfur Recovery Units with Aspen HYSYS®
May 14, 2025
AspenTech
Sulfur recovery units (SRUs) are critical to process plants to ensure product quality and meet environmental regulations. However, SRUs present challenges with limited performance insights due to unpredictable catalyst degradation and feed composition-dependent optimization. Additionally, varied plant configurations and rapidly evolving technology add to the complexity.
Join SGS Sulphur Experts to learn how Aspen HYSYS® process simulation—powered by Sulsim Sulfur Recovery™ technology—enables you to:
• Avoid upsets and compliance failure
• Maximize sulfur recovery
• Prevent catalyst deactivation
• Minimize incinerator fuel use
A Q&A session will follow the presentation.
News
March 10, 2025
“A consequential time for energy and the world,” was how S&P Vice Chairman Daniel Yergin began his opening remarks, as the 2025 session of CERAWeek by S&P Global kicked off on March 10th in the Hilton Americas hotel. The sentiment was echoed through the panels to follow and proved a central theme to the day’s discussions.
Article
February 2025
As we do every year at this time, we have just completed our annual winter forecast. And quite frankly, this new forecast is calling for nearly a full repeat of 2024’s performance, in terms of overall activity numbers.
News
February 21, 2025
Centrium Energy Solutions™, a newly launched oil & gas chemical supplier, is aiming to reduce supply chain risks and improve the reliability of upstream and midstream products with a domestic distribution model that solves critical challenges in sourcing, logistics and performance.
Article
December 2024
Article
December 2024
Ionic liquids (ILs) are not so new to the world of chemistry or even to the oil and gas industry, but their applications in oil and gas, in particular, are not widely known or utilized. Because there are so many potential IL chemical structures, there are yet to be discovered compounds, and applications, as well. In any case, ILs have, for some time, especially in the last decade, represented a remarkable breakthrough in chemical science.
Article
December 2024
This article explores the history of Tubing-Retrievable Safety Valves (TRSVs), highlighting their development milestones and introducing Halliburton’s EcoStar® all-electric TRSV. Created to meet reliability and operational performance needs, this product helps advance safety valve technology and points to a safer industry future.
News
December 30, 2024
(Bloomberg) – Carlos Slim, Latin America’s richest man, invested $1 billion this year into growing his crude-oil producing and refining portfolio in a bet that demand for fossil fuels isn’t going away anytime soon.
News
December 26, 2024
The oil & gas industry has seen a dip in active jobs in 2024, but hiring trends remain relatively better compared to pre-COVID levels. There has been a noticeable increase in job opportunities from non-U.S. companies, according to GlobalData.
