New research published by DNV GL finds that the oil and gas industry expects to boost investment in the energy systems of the future this year, as companies seek to transform for the long term.
DNV GL, in collaboration with TechnipFMC, has published the oil and gas industry’s first recommended practice (RP) on how to build and quality-assured digital twins.
Rystad Energy estimates the total value of the global pool of decommissioning projects that will accumulate through 2024 could reach $42 billion.
New DNV GL research based on more than 1,000 failure cases has revealed that tubes and piping are the most failure-prone components in the oil and gas and maritime industries.
New research published by DNV GL reveals that optimism for growth in the oil and gas industry has weakened for this year. This comes amid uncertainty around the oil price and global economic conditions – the top barriers to growth reported by the industry.
Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in the North Sea.
TechnipFMC and DNV GL have entered into a partnership to develop the oil and gas industry’s first methodology for qualifying the integrity of digital twin technology.
Different types of oil production systems are used at offshore oil and gas exploration sites at the sea. Learn about the main types of offshore productions units that are used at oceans for oil and gas production.
Senior oil and gas sector professionals expect a step change in the industry’s capex, opex and R&D spending levels in 2018, as new research from DNV GL.