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INDUSTRY NEWS: 

The advent of new High Throughput Satellites (HTS) will add to the swell of LEO and MEO bandwidth supply. As capacity will likely reach unprecedented levels, can the industry expect a surplus? And would this render bandwidth management less vital? Market players break down the demands and trends, revealing that bandwidth management solutions will see greater importance.
 

Connected barrels: Transforming oil and gas strategies with the Internet of Things. In the oil and gas industry, the promise of IoT applications lies not with managing existing assets, supply chains, or customer relationships but, rather, in creating new value in information about these. An integrated deployment strategy is key for O&G companies looking to find value in IoT technology.

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Offshore Guyana-Suriname might have one of the largest untapped oil and gas reserves in South America, as roughly a dozen companies hope to repeat Exxon Mobil Corp.’s recent drilling success there.

According to recently released data from Wood Mackenzie, the production peak in the offshore Guyana-Suriname region could be up to 350,000 barrels per day by 2025. ExxonMobil might tap 1.5 billion commercial reserve barrels at its Liza and Payara fields alone.

While ExxonMobil had previously found oil in the region, it announced its watershed moment in October when it reported an oil discovery of the Turobot-1 well. 

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