With the growing amount of renewable energy along with burgeoning distributed generation, the modern-day power grid faces many challenges. One challenge is that under current network codes distributed generation sources are not required to supply […]
Conventional flexible pipe – designed for use in applications such as floating production systems – consists of multiple layers of polymer tubes and wound steel helices. A part of the Baker Hughes’ wider Subsea Connect […]
In retrospect, 2019 was another strong year for offshore exploration and production companies. Free cash flow remained strong and tell-tale signs have emerged that we are entering a new offshore investment cycle. This trend was […]
Traditionally, oil and gas pipelines are constructed from carbon steel as it is generally low cost and widely available. However, carbon steel has several inherent disadvantages, including corrosion, fatigue and weight. According to research, an […]
Military action leading to closure of the Strait of Hormuz between Iran and Saudi Arabia could seriously disrupt global trade in chemicals and oil products, with a knock-on effect for the world’s already fragile manufacturing […]
Global LNG production jumped in 2019, triggering oversupply and low prices that are expected to persist in 2020. Initial full-year data from LNG Edge shows exports at 355 million tonnes in 2019, up from 314.9 […]
During the closing plenary of COP 25 in Madrid, the statement by Norway’s Minister of Climate and Environment, Ola Elvestuen, struck a cautiously positive note, pointing out that including Norway, 80 countries pledged to step […]
How industry partnership models mark a new era for extending life of field. […]
Subsea technology is a part of our industry experiencing huge advancements, largely due to the need for infrastructure and equipment that can cope with the increasing challenges of mature basins, ever deepening water and ever […]
At the beginning of 2015, Norway’s Oslo Børs was the first stock exchange to create a separate listing for green bonds in order to raise green investment awareness. Proceeds from green bond listing on the […]
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