THE OGM: 30 YEARS IN BUSINESS Edition - Read Now!
View Past IssuesThe Deepwater Horizon drilling rig was like a floating hotel. The deck of the rig was nearly as big as a football field. It encased a 25-story derrick. Below the deck, two more floors accommodated nearly 150 people. Each room – a home away from home – had its own bathroom and satellite television, and […]
The Provincial Government of Newfoundland and Labrador announced that an independent resource assessment covering the area of the West Orphan Basin had identified 25.5 billion barrels of oil and 20.6 trillion cubic feet of gas potential. This discovery is based on new data covering nine parcels of land on offer in the West Orphan Basin within […]
According to the research and consulting from GlobalData, we could be looking at as many as 43 crude and natural gas projects in Sub-Saharan Africa by 2025 (31 crude and 12 natural gas). This list is likely to be headed by Nigeria (11 projects) and Angola (8 projects). Even though the region has shown a […]
Imagine it. Every oil producing well able to operate itself autonomously and consistently run at peak performance through the power of intelligent data. What would that mean for your bottom line? Optimizing oil wells is not a new topic. It’s not a new vision and it’s not a new conversation. What is game-changing, however, is […]
After 19 months of focus and dedication, Statoil has completed the next phase of their exploration drilling campaign offshore Newfoundland. According to Statoil representatives, “The purpose of the drilling program was to increase the robustness of the Bay du Nord project and to test new areas of the Flemish Pass Basin. Nine wells were drilled […]
Happening the first week of May every year, The Offshore Technology Conference (OTC) is where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge for offshore resources. Leading the way in innovation, creative sustainability, and visionary leadership, this conference and exhibition profiles the most incredible advances of our time. Founded […]
April 2016 saw a turning point in Herbert Stanley Marshall’s career and also a turning point for Newfoundland and Labrador’s energy history. Newly appointed Nalcor Energy CEO Stan Marshall, now in his mid-60s, has opted to postpone retirement and take on one of the greatest challenges in provincial history: accountability for leading the team that will […]
Koleya Karringten Smith is the co-founder and President of Absolute Combustion International (ACI). With over 12 years of entrepreneurial experience she has helped to create and develop a company that will change the landscape of burning solutions for the industrial sector of the energy world. The vision for flameless burners originated with inventor Darsell Karringten, […]
When something has worked for a century, tearing it down and starting from scratch is not often tabled as a viable way to search for improvement. Creating something new isn’t easy, especially within businesses where models, procedures and infrastructures have remained largely static, and where change often comes at significant cost and with significant risks. […]
Disruptors are everywhere. Much like the 1960’s we are aggravated by the status quo. This mediocrity is demanding new thinking, new freedoms, and new action. The technology innovators of today are restless and looking to disturb, disassemble and reinvent the systems that are not the best, most efficient, or sustainable for the future. Using technology […]
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