Tight oil production pushes US crude supply to over 10% of world total output
US tight oil production averaged 3.22 million bpd in the fourth quarter of 2013, according to US Energy Information Administration estimates.
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US tight oil production averaged 3.22 million bpd in the fourth quarter of 2013, according to US Energy Information Administration estimates.
SKF has signed a contract to supply SKF S2M Magnetic Bearings to Ukrainian turboexpander manufacturer Turbogaz.
The two companies have created HEADS, an early warning system designed to detect leaks to maximise safety in offshore operations.
Although Asia will benefit from the shale oil revolution, the market is restructured to deliver a more transparent pricing system.
The National Association of Water Companies has released a statement regarding World Water Day.
Sandvik Process Systems has expanded its product portfolio by purchasing the proprietary technology of Brimrock Group.
T.D. Williamson recently completed a comprehensive pipeline services programme for a major offshore operator.
Together with partner ConocoPhillips, Statoil has been awarded a deepwater exploration block in the Myanmar waters of Bay of Bengal.
Parker Hannifin has expanded its ETH range of electro-cylinders to make them suitable for use in explosive atmospheres.
Dräger has launched a new series of escape hoods for use in the oil and gas industry.
PGS Deepwater MultiClient 2D GeoStreamer® Survey in South Africa Acquires Data Successfully in Challenging Area.
Subsea installation contractor Bibby Offshore has recently commenced work with Maersk Oil UK on a multimillion pound contract.