The development of a fully electric subsea blowout preventer significantly improves BOP reliability and performance while reducing weight, wellhead fatigue, emergency disconnect times and OPEX. The full-scale testing of electric shear ram actuators on an 18¾-in BOP at HMH’s electrification lab validates the achievement of such benefits.
North Sea oil loadings to hit eight-year high as global supply glut builds
North Sea crude exports are set to reach their highest level since 2017, with December loadings...
