News & Events
Offshore Helicopter Crashes: Improving Safety and Saving Lives
In the last thirty years or so, a number of offshore workers have lost their lives in helicopter crashes. The need for better offshore helicopter safety is paramount for UK…
Read MoreOil, Gas CEOs Sold on Tech Benefits, but Unprepared for Disruption
While oil and gas CEOs recognize the benefits of technology, many still haven’t mastered how to bolster that technology to become a disruptor in the industry. Data from KPMG’s 2018…
Read MoreOffshore Australia Contract Goes to KBR
Woodside Energy Ltd has awarded KBR the Concept Definition engineering contract for the two gas floating production storage and offloading (FPSO) facilities for the proposed Browse to North West Shelf…
Read MoreOil Tanker Rates To Asia Hit 2018 High
Freight rates for Aframax tankers to Asia have reached their highest level so far this year, as China’s small refiners received new crude import quotas and as Asian refiners are…
Read MoreOil and Gas Cyber Attacks Increased in Past Year
Cyber attacks in the oil and gas sector increased over the past year, according to Mike Spear, industrial cyber security global operations director at Honeywell. “You’re looking at about 365,000…
Read MoreAustralia Upstream to See Greater Tech Integration
Australia’s upstream sector will see greater integration of technology over the coming years, according to a new report from Fitch Solutions Macro Research. “As one of the few developed markets…
Read MoreOil producers need to pump more or put demand growth at risk
MUMBAI (Bloomberg) — Rising oil prices may hurt demand in some of the world’s fastest-growing nations unless producers take steps to boost supplies, according to the International Energy Agency. “I…
Read MoreShell in AI, machine learning push
Oil giant Shell has selected C3 IoT with Microsoft Azure as its artificial intelligence (AI) platform to “enable and accelerate digital transformation on a global scale.” According to a statement…
Read MoreOGCI members move to tackle methane emissions
Following last week’s news that three U.S. oil companies would join the Oil and Gas Climate Initiative, OGCI on Monday announced a target to reduce by 2025 the collective average…
Read MoreO&G sector due for a turnaround on rising capex in 2019 & beyond, says DBS
SINGAPORE (Oct 5): DBS is maintaining its average Brent crude oil forecasts of ~US$75/bbl for 2018 and US$75-80/bbl for 2019, with the intention to monitor developments in the coming weeks.…
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