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.
UK weighs early end to North Sea windfall tax amid talks with oil and gas producers
UK officials are holding talks with North Sea oil and gas producers on potentially ending the...

