Drilling & production - 16 April 2015

Persistent low crude oil prices provide opportunity for industry to reinvent itself, says GlobalData Analyst.

GEA Mechanical Equipment recently delivered the first retrofit plant to a drilling platform offshore Alaska.

The benefits remain significantly limited at higher prices compared to other fiscal regimes in the Americas.

3 different sizes of flowmeters were shipped for measurement at different flow rates.

Flotek Industries and Solazyme have announced strategic agreements to develop and market drilling fluid technologies and Encapso™.

Brent crude prices eased in March versus February with no sign of a supply cut back.

The array is fully operational and awaiting first field construction.