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Novel coronavirus likely to hit oilfield budgets, supply chains

By Linda Hsieh, Editor & Publisher As of late February – when this magazine went to press – the new coronavirus, or COVID-19, had not been declared as a pandemic by the World Health Organization. However, with or without a pandemic declaration, it’s clear that this outbreak could have significant trickle-down effects on the oilfield service industry and its supply chains, possibly delaying or even derailing a burgeoning market recovery. Most apparently, the impact can be seen in oil prices. On 26 February, WTI crude fell below $50/bbl to its lowest point since January 2019. This comes as the outbreak is spreading in countries such as Iran, Italy and South Korea. While the situation continues to evolve rapidly, these recent ...

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Chevron finds new ways to mix automation content into competency assurance programs

Automation has been a key driver in the pace of change for drilling operations in recent years, but the adoption of new technologies can unveil complex challenges, particularly in assuring worker competency. Learn more in this video with Kevin Taylor, WellSafe System IT SME at Chevron...

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CSB: More collaboration between drillers, regulators needed to improve safety

Following its investigation of the January 2018 Pryor Trust incident in Oklahoma, the US Chemical Safety and Hazard Investigation Board (CSB) issued numerous recommendations on how drillers and regulators can work together to ensure better safety on rigs. At the 2020 IADC HSE&T Conference in Houston on 18 February, Chuck Barbee, Director of Recommendations with the CSB, spoke with DC about some of those recommendations, as well as the need for increased industry collaboration on safety.

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