No crystal ball is needed to determine one area of offshore activity where spending will rise inexorably in coming years: inspection, repair and maintenance. With one leading commentator predicting this sector’s annual spend will reach $7 billion by 2014…
For a while, non-productive time was a problem most companies didn't want to acknowledge. Two recent reports have brought into focus the amount of time, and money, lost due to non-productive time. Jennifer Pallanich finds out what the Athens…
The digital oilfield has become mainstream and is how business is now conducted. That was the message at the third SPE Intelligent Energy conference convened in The Netherlands this spring with over 1500 attendees including a high proportion of business leaders…
Non-productive time (NPT) associated with control systems software and hardware integration remains a significant drain on high-spec offshore asset costs, according to a study released last month.The study, by the Athens Group and ModuSpec,…
Its boosters say radio frequency identification (RFID) technology, which is gaining wider acceptance in retail and other industries, offers cost-effective and convenient applications for oil & gas companies, particularly in tracking assets. So why has the industry been slow to adopt RFID…