Jim Crane, the former All-American pitcher who owns the Houston Astros, was voted off of Nabors Industries Ltd.’s board by shareholders. The world’s biggest owner of land-drilling rigs says it wants him to stay.
Houston oilfield service company Halliburton said it cut 8 percent of its North American workforce as it took fleets of hydraulic fracturing equipment from the field in response to a continued slump in demand for fracking services in the United States and Canada.
10/06/2019by Marissa Luck for the Houston Chronicle
Jim Sledzik is a firm believer that the energy industry is in the middle of a fourth industrial revolution. Only this industrial revolution isn’t about big engines or big machines - it’s about big data and big machine learning accelerating the pace of automation and efficiency from the oilfield to the oil refinery.
07/05/2019by John Cameron, director at FWB Park Brown
It is a widely held view that the implementation of innovative new technologies will be critical to the future sustainability of mature offshore basins such as the North Sea and the US Gulf of Mexico as they compete for investment alongside other more cost competitive regions and energy sources.
It is said that change is the only constant and, while the pace of new developments and behaviours in the oil and gas industry is sometimes bemoaned, the sector continues to take important steps towards the upturn.