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Well control, like safety, is too important to be leveraged as a competitive advantage. That’s why Chevron is planning to share with the wider industry a tool – called DrillPad – that the operator launched in 2015 to assist with the planning and tracking of well control drills. The software was developed as part of Chevron’s WellSafe assurance program...

The aviation industry has been using airplane health management (AHM) systems to perform prognostic health monitoring of airplanes and related equipment for years. Such systems help airlines detect potential problems before they occur, which not only helps ensure safety but also helps with cost reductions and the avoidance of schedule delays...

Transocean announced its intent to retire the ultra-deepwater floaters GSF Jack Ryan, Sedco Energy, Sedco Express, Cajun Express, Deepwater Pathfinder, and the deepwater floater Transocean Marianas. The rigs will be classified as held for sale and will be recycled in an environmentally responsible manner. All six rigs were previously coldstacked...

Microsoft and Halliburton announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry. The relationship will combine the expertise of a global leader in cloud and digital transformation with a global leader in exploration and production (E&P) science...