The rates for chartering very large crude carriers (VLCCs) has surged exponentially due to a spike in demand for long-term offshore storage of crude oil following the Organization of Petroleum Exporting Countries’ (OPEC’s) disagreement with Russia over the impact of the coronavirus (COVID-19) and the resulting oil price crash, according…
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U.S. Energy Media Staffhttps://oilmanmagazine.com/author/oilmanwp/
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U.S. Energy Media Staffhttps://oilmanmagazine.com/author/oilmanwp/
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U.S. Energy Media Staffhttps://oilmanmagazine.com/author/oilmanwp/
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U.S. Energy Media Staffhttps://oilmanmagazine.com/author/oilmanwp/
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U.S. Energy Media Staffhttps://oilmanmagazine.com/author/oilmanwp/
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U.S. Energy Media Staffhttps://oilmanmagazine.com/author/oilmanwp/
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U.S. Energy Media Staffhttps://oilmanmagazine.com/author/oilmanwp/
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U.S. Energy Media Staffhttps://oilmanmagazine.com/author/oilmanwp/
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.
