oil rigs

The Impact of Global Politics on the Oil and Gas Industry

 Global players in the oil and gas industry understand one major thing… The political statements and public posturing of governments can directly impact their bottom line. From shipping lanes to supply and demand, every aspect of the market relies on the relationships and trade agreements countries and allies fostered after the 2nd World War. …

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oil-rigs- north-south-America

North and South American Oil Rig Production

The recent geopolitical events in the Middle East will increase demand for oil rig production from both North and South America. The U.S. surpassed other world producers in December 2018, with Texas producing almost half of the approximately 11.5 million barrels per day. Similarly, while Venezuela traditionally leads South America in production, Brazil has stepped …

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API standards and specifications concept

What API Standards & Specifications Mean to Your Bottom Line

API standards and specifications are very important factors that can affect the success of your company operations. This is especially true if your company is engaged in the oil and gas production or drilling industries. As a matter of fact, API specifications refer to criteria for OCTG set by the American Petroleum Institute (API). In …

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