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Problems at Safaniyah, the World’s Largest Oil Field and Lessons We Can Learn

The Safaniyah oil field in Saudi Arabia is the world’s largest producing oil field. Recently, it’s production compacity was reduced after a ship’s anchor cut the main power supply while there. Reuters reports that this was a partial shutdown, citing their source. Markets worry that this might be the start of an oil shortage, and …

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What Should the Oil Industry Expect in the Coming Years?

As tensions heat up over oil and gas, it’s more important now than ever for companies in the oil industry to plan for the future. Wordometers states that there are only ~44 years left of oil. Similarly, there are ~160 years till the end of natural gas, and ~400 until the end of coal if used …

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Five Ways Focusing on Employees Improves a Business’s Funds

We believe in teams. FieldEquip’s mission is to connect every field equipment asset and worker to the back office to provide a seamlessly connected field services operation. In short, we know how important teams are in the oil and gas industry. In oil and gas enterprise management, where we live and work, money saving is …

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