Archives for May 2017
Oil falls on estimates of rising fuel supplies
Oil fell to the lowest in more than a month as the U.S. crude glut is seen moving to brimming fuel tanks. The drop intensified after Saudi Arabia signaled it’s faring better than expected with...
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OTC Commentary: Digital disruption in oil and gas: Are we there yet?
By Archana Deskus We hear a lot of talk these days about digital disruption. What does that mean for the oil and gas industry and the way we deliver energy to those who need it?...
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BP: 3-D technology to save millions of dollars
The old cast-iron pipes are corroding at BP’s oil and gas gathering center on Alaska’s North Slope. The company knew it had to replace them, at an enormous cost. Then it plugged the project into...
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Offshore business for German company thrives during a bust
As some exhibitors waited for oil and gas professionals to stop by their booths at the Offshore Technology Conference this week, one German company, ELA Container, found that it had all the business it wanted....
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The OTC vibe: Last year was a funeral; this year, industry is in the ICU
Even with oil prices hovering around $50 a barrel, it’s going to take at least a year before the offshore oil industry finds its footing again after last year’s collapse, people at the Offshore Technology...
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