Salunda has announced it has launched the Latch Hawk 2 fingerboard latch monitoring device, with the aim of preventing dropped objects and improving safety during pipe handling on offshore drilling ...

Edge AI & IoT for Oil Rigs: Oil rigs often function in remote and extreme environments where real-time decision-making is crucial. NVIDIA’s AI-powered edge computing, combined with NVLink and ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

Eleven people were killed. Two days later, the rig collapsed. Oil began seeping into the sea, and it continued to flow for almost three months. The Deepwater Horizon disaster is among the most ...

Migrants left stranded on the lower decks of a gas rig adrift in the Mediterranean Sea have made an urgent appeal for help as ...

One of the men took to social media to explain how they had set out from Libya and spent five days aboard a rubber dinghy before being shipwrecked at the rig in the Miskar oil and gas field ...

Thirty-two people were stranded on the British Gas-managed oil platform in the Mediterranean for several days Thirty-two migrants attempting to cross the Mediterranean have been rescued by an NGO ...

ROME, March 4 (Reuters) - A charity vessel has rescued more than 30 migrants including two children who had been stranded for four days on a gas platform in the Mediterranean off the coast of ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that. The Church publishes the ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, energy services firm Baker Hughes (BKR) said in its closely ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, energy services firm Baker Hughes said in its closely followed ...