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.
Brazil’s ANP overhauls rules for assigning E&P contracts, scraps partnership review committee
A new resolution replaces the framework in force for more than five years for farm-outs, operator...
