Efficiency Improvements Keep Deepwater Afloat, Reducing Costs Bit by Bit

SUGAR LAND--May 16, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--As oil prices remain low halfway into the second year since the price dropped, it would seem a wonder that multi-billion dollar offshore oil project would still be anything more than the ravings of a mad man. However, one of the things that this lean time is proving is that the market is adept at trimming fat. With prices not permitting waste, offshore operators and service providers are looking at ways to improve efficiency. Within this article: Details of Hess Corporation's (NYSE:HES) Equus platform topsides project. Additional companies: General Electric Company (NYSE:GE)