Low oil prices, combined with the COVID-19 pandemic, are putting pressure on oil and gas companies to reduce operational costs through efficiency and optimisation
Technology
Weatherford partners with INT to develop 2D, 3D real-time well visualisation
Weatherford International has announced a strengthened collaboration with upstream data visualisation provider INT to provide next-level, real-time well visualisation in both 2D and 3D
Halliburton, Honeywell collaborate to improve asset productivity from reservoir to point of sale
Halliburton and Honeywell have announced a collaboration to maximise asset potential, reduce execution risk and lower the total cost of ownership for oil and gas operators
Norskeide Subseatec wins subsea contract in Africa
Norskeide Subseatec, a subsidiary of Scana ASA, has been awarded a contract to supply subsea equipment for field development in Africa and Southeast Asia
Halliburton introduces new drill bit sensor
Halliburton Company has introduced Cerebro Force in-bit sensors, a technology that captures weight, torque and bending measurements directly from the bit to improve understanding of downhole environments, optimises bit design and increases drilling efficiency