io oil & gas consulting has moved into new premises in London’s iconic Shard building six months after launch. io oil & gas consulting, an independent venture from GE Oil & Gas and McDermott to transform the development of front-end solutions for offshore fields, has seen steady staff growth since its January launch, and is...Read More

When the oil price drops below a certain point, it simply stops being worth the investment required for operators to extract it from the sea bed. Operators might be not be able to control the oil price, but they can control their operating costs, and set therefore the level the oil price needs to be...Read More

The need for much more standardisation in the oil industry has been a key concern for more than a decade, although to date headway has been slow In recent years, individual operators have been reluctant to agree on common systems and methods, even if billions of dollars of savings were being passed up around the...Read More

io is a new model of consulting in offshore field developments. GE Oil & Gas (NYSE: GE) (“GE”) and McDermott International, Inc. (NYSE: MDR) (“McDermott”) today launched io oil & gas consulting, a new independent venture to transform the development of front-end solutions for offshore fields. io aims to deliver greater certainty into the design...Read More