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built offshore wind substation departed from a Texas fabrication facility where Danish multinational energy company, Ørsted, and domestic energy provider, Eversource, partnered to build the revolutionary vessel. The Kansas-engineered substation was designed and built by Kiewit Offshore Services, Ltd., the largest U.S.
Combined with a new contract win for Safelift’s Offshore division, the agreements are worth over £800,000 in revenue for the business. This, coupled with their excellent technicians, who work alongside the in-house team, ensures that downtime is kept to a minimum.” For more information, visit safelift.co.uk.
Here is a summary of the U.S. rig count changes based on your update: National Overview Total U.S. Here is a summary of the U.S. rig count changes based on your update: National Overview Total U.S. Here is a summary of the U.S. rig count changes based on your update: National Overview Total U.S.
million bpd ( from 6.57 million bpd in March) Macro Commentary This marks the third consecutive weekly decline in rig activity, driven by oil price pressures and a strategic shift by operators toward shareholder returns over production growth.
Rig Count Drops Again But Production Still Forecast to Rise For the week ending May 16: U.S. bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9
Overall Rig Count : Total U.S. rig count held relatively steady this week, with only a modest overall decline. Rig Count Rises Baker Hughes appeared first on Oil Gas Leads.
However, industry leaders at CERAWeek warn that infrastructure constraints could pose long-term challenges. crude production to hit record highs for the next two years before plateauing later in the decade.
Offshore drilling activity increased , with the rig count rising by one to 14. Oklahomas drilling activity was unchanged at 49 rigs , reflecting stable operations in the region. Texas saw a decline of one rig , bringing its total to 281 , while New Mexico remained at 105. Kansas added a rig (16 total), while Colorado lost one (8 total).
The facility will act as a hub for advanced engineering and train highly skilled technicians in-country, contributing to the development of local talent. Tubacex will establish a dedicated research and development (R&D) centre in Abu Dhabi, advancing the development of the countrys industrial base.
Traditional flaring inspection methodsreliant on expensive flyovers and in-person technician visitsare being replaced by remote cameras and AI-driven monitoring , significantly reducing costs and inspection times. shale industry but also setting the stage for the next era of energy production.
Named Enform, the system is currently in use offshore, but Enform Product Line Manager for Oil States Mike Jones says its primary application will be onshore, in places like the Permian Basin. Onshore or offshore, the considerations are mostly the same. Several steps are involved in order to prepare existing wells for carbon storage.
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