Oil And Gas Technology News

1, 2015) – As persistent low oil prices take their toll on both industry profits and spending projections, oil and gas operators are turning, in part, to technology and innovation to reduce costs and increase capital efficiency in the short-term, while aiming to meet increased future energy demand in a low carbon environment, according to new analysis from IHS (NYSE: IHS), the. 13 July 2019: A new Technology Guide paper discusses and compares the main categories of Natural Gas Engines. Upstream Companies Expect Shorter Time to Produce Oil and Gas Due to Digital Technology Investments, Finds New Research from Accenture and Microsoft Almost two-thirds of upstream firms see the value digital technologies deliver as low oil prices linger, and the top risk of a lack of digital. Offshore Technology Focus is the essential reading material for decision-makers in the offshore oil & gas industry, bringing you the latest news and analysis in an exciting, interactive format. EnergyInsights. More Resources: 2013 Bakken and Three Forks Formations Assessment Fact. The reserves of the privately owned companies are grouped together. 23 Thus, the consequence of a cyber-attack on oil and gas production could be severe, promptly affecting. Here at Gravity Jack, we want to take a deeper look at how specific industries will benefit from implementing augmented reality. The oil and gas industry is primed for innovation over the coming year. And by 1982, the funders were no longer interested. We design and supply onshore, offshore and floater solutions for the upstream oil and gas industry. 1, 2015) - As persistent low oil prices take their toll on both industry profits and spending projections, oil and gas operators are turning, in part, to technology and innovation to reduce costs and increase capital efficiency in the short-term, while aiming to meet increased future energy demand in a low carbon environment, according to new analysis from IHS (NYSE: IHS), the. Tekmar Group has signed a deal to buy fellow subsea technology firm Pipeshield. But not crude oil, and very little liquefied natural gas (LNG). Tekmar Group has signed a deal to buy fellow subsea technology firm Pipeshield. Colorado Oil & Gas Association | Denver, CO. Serintel is an independent Service Company operating on an international scale with expertise in Oil & Gas sector (upstream and downstream) technology transfer. Middle East's Largest Energy Portal, which delivers latest news, data, analysis and opinion for the region's Energy Professionals. Over 450,000 workers were employed in the oil and gas extraction and support industries in 2011 (Quarterly Census. And by 1982, the funders were no longer interested. But a new study co-authored by an MIT professor suggests otherwise: Technology-driven cost reductions in fossil fuels will lead us to continue using all the oil, gas, and coal we can, unless governments pass new taxes on carbon emissions. -based independent oil an. ExxonMobil has a long history of research in the fundamental scientific and engineering principles required to develop oil and gas. But there is good news. The current landscape gradually took shape in the years following the first oil crisis in 1973, when the decision by producing countries to reassert their sovereignty over their natural resources led to an upward spiral in oil prices. Answers are multiple choice. About AMMA miningoilandgasjobs. Produced with the aim of being the leading, independent, technology based journal for the Russian, Caspian, CIS and Eurasia regions. With vast experience and exposure in the field and a growing number of professionals, Oil Tech continues to expand its services globally. Chief Technology Officer at. Indane is available in compact 5 kg cylinders for rural, hilly and inaccessible areas, 14. Shale gas has become an increasingly important source of natural gas in the United States since the start of this century, and interest has spread to potential gas shales in the rest of the world. From coal-based jet fuel to undiscovered petroleum resources, read all the petroleum industry news here. embracing technology underpinned by its centrality in our twenty-irst century culture. As we enter 2019, oil and gas companies worldwide are facing widespread change. Find the best gas and oil stocks for this year. with Historic price charts for NSE / BSE. Oil and gas technology and services is focused on upstream-related oil and gas equipment and services. 2 days ago · The Alberta government won't seek out a meeting with teen climate activist Greta Thunberg, but Environment Minister Jason Nixon said he hopes the Swedish girl takes time to learn about the province's oil and gas industry. Special issues to important topics related to oil, gas and coal technology and related industries, biofuels, businesses and policies will be published. A History of Service to the Oil and Gas Industry. Oil & Gas Processing Seals Market by Type, Material, Application And Region - Global Forecast to 2023 : February 2019 $ 5650 H2 2018 Top Global Oil and Gas Companies Planned Projects and Capital Expenditure Outlook - Gazprom and Sinopec Spend High across Oil and Gas Value Chain. Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to. In geosteering applications, the technology maximizes contact with oil and gas zones while mapping the surrounding formation to identify bypassed oil, avoid drilling hazards and plan for future development. Zion Market Research published a research report containing 110+ pages titled “Oil and Gas Analytics Market By Application (Upstream Operations, Midstream Operations, and Downstream Operations), By Deployment Platform (On-Premises and Hosted), and By Service (Professional, Integration, and Cloud): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” in its. We have a wide range of durable and reliable power products to meet the demands of your specific application. The oil and gas industry is primed for innovation over the coming year. The oil produced by the "supermajor" companies accounts for less than 15% of the total world supply. The oil and gas industry is entering the new year with increased volatility in prices and regulatory overhangs amidst many new business opportunities. With the help of analytics, AI systems can develop estimation and prediction models. Brown Convention Center in Houston. Qualitec Consulting Group, L. "After the revision, MGL's CNG offers attractive savings of about 55 per cent and 29 per cent as compared to petrol and diesel respectively at current price levels in Mumbai," it said. US Opens Up California Land for Oil, Gas Leasing. I wrote about new drilling techniques and other technology that promised to bring oil and gas production costs significantly lower. Oil will continue to provide the largest share of the energy mix: essential for transportation and chemicals — supplying about 55 percent of the world's energy needs through 2040. American Crude Oil Exports. Our news media give much more publicity to spills off U. Oil & gas plants have increased their cyber risk profile as they modernise plants and close the ‘air gap’ between IT networks and operational technology (OT) networks. EnergyNow is an online energy news and data media service dedicated to providing essential up to-date information on the Canadian oil & gas industry. “This is a historic contract in the oil and gas industry. Oil and gas drilling has serious consequences for our wildlands and communities. BY PATRICK KURP Special to the Rice News. But not crude oil, and very little liquefied natural gas (LNG). TechX Pioneer Mocean makes waves with new base in Aberdeen. Built on four strategic components – Retain, Retrain, Recruit, and Renew – the report, led by OPITO in partnership with RGU’s Oil & Gas Institute, is designed to help the sector develop an increasingly flexible, multi-skilled and technology-enabled workforce. Equinor, on behalf of the Njord licence, has awarded Saipem a €40 million ($43. Hydraulic fracturing, or fracking, is a. The debates provided in the technical program cover Upstream, Downstream, Gas and Energy, Digital Technologies and Industry Management. All rights reserved. Shale gas has become an increasingly important source of natural gas in the United States since the start of this century, and interest has spread to potential gas shales in the rest of the world. petroleum exploration, production and transportation history provides a context for understanding the energy industry. Unlocking tightly trapped gas and oil. Our Portfolio. Schlumberger's $11. The IEA is an autonomous organisation which works to ensure reliable, affordable and clean energy for its 30 member countries and beyond. Trinidad and Tobago has been involved in the petroleum sector for over one hundred years undertaking considerable oil and gas exploration activity on land and in shallow water with cumulative production totaling over three (3) billion barrels of oil. A group of 10 major oil and gas companies is investing in a carbon utilisation firm in the UK. Brown Convention Center in Houston. Latest Oil & Gas News. Learn how GE innovation builds, powers, moves & cures the world. Oil & Gas News by RIGZONE - leading source of the latest news and insights for the oil & gas industry. Arvind Ravikumar, a Stanford post-doctoral fellow who. High performance computing (HPC) helps oil and gas companies accelerate ROI and minimize risk. Providing all the latest news, updates and developments in the oil & gas industry, sourced locally and from around the world. Oil price charts for Brent Crude, WTI & oil futures. Texas frackers drove a global power shift, and here are the numbers to show how Two charts created by the Dallas Fed tell the story. Case studies in successful oil and gas partnerships: Business, technology and Indigenous collaboration Recent News Oil & Gas Alberta incorporates energy war room as Canadian Energy Centre, work starts soon. Pro-400 – Fleet Management and Driver Safety. Venado Oil & Gas is a privately-held energy company focused on exploring and developing oil and natural gas properties. This important industry sector focuses on such areas as: multilateral drilling technologies,. Gulf Oil unveils new logo and retail fuel image. Canada's Alberta Moves Closer to Creating 'Energy War Room' The government of Alberta, Canada's main oil-producing province, on Wednesday took the first steps towards establishing its so-called 'energy war room' aimed at boosting the image of the oil and gas industry. Pipeline Oil and Gas Magazine brings latest Oil, Gas and Energy news from across the globe. Texas frackers drove a global power shift, and here are the numbers to show how Two charts created by the Dallas Fed tell the story. A History of Service to the Oil and Gas Industry. This white paper outlines a pragmatic approach to digitalization for oil and gas operators, with a focus on drilling and completion. ca your source for the latest news on oil and gas technology. GTI and Comply365's combined solution, called the Mobile Energy Suite, will help clients immediately gain greater operational efficiency. Energy Recovery develops award-winning solutions to improve productivity, profitability, and energy efficiency within the oil & gas, chemical, and water industries. At some time between 2010 and 2020 the world's supply of oil and gas will fall below the level required to meet international demand. The South Pars gas field, located in the Persian Gulf between Iran and Qatar, is one of the largest independent gas reservoirs in the world. Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google News. Abundant reserves have fed projections that the United States will be producing much of its own energy by 2020. Strategic Oil & Gas Ltd. Get real-time Oil & Gas news and personalize your newsboard with keywords that are relevant to you. " 3D-scanning technology 3D printing has moved beyond the hype phase, and we. Typically these companies target a gearing ratio of less than 30%. AVEVA software helps oil and gas companies achieve superior performance through better energy management, reduction or elimination of safety-related incidents and improved operator performance. Different Types of Oil and Gas Company. , 1025 Connecticut Avenue NW, Suite 1000, Washington, DC 20036 · Contact · About. Our Company. The company is committed to the development of both conventional and unconventional geologic formations of the Texas Gulf Coast with a specific focus on the Eagle Ford Shale formation. It includes the 28th annual GITA Oil and Gas Pipeline Conference. Cenovus Bets On SAP Technology To Save The Company's Marginal Oil Sands Production. Oil and Gas IQ is the world's largest news, research and media portal dedicated to providing business intelligence for the hydrocarbons industry, including insight into FPSO, FLNG, shutdowns and turnarounds and cyber security. EnergyNow is an online energy news and data media service dedicated to providing essential up to-date information on the Canadian oil & gas industry. New innovations have reshaped the industry into a technology leader. Colorado Oil & Gas Association | Denver, CO. The latest technologies, technical solutions and strategies in Exploration, Drilling, Production and more. The human cost of restructuring within the oil and gas sector has been enormous. With the public interacting far more with immersive technology, and environmental awareness now far more in vogue, Oil & Gas IQ predict a shift in how VR is marketed to oil and gas companies. While Israel enjoys its recent finds of offshore natural gas, we keep hearing rumors of vast reserves of oil waiting to be tapped. Recently released video of the Water Powered Car and Stan Meyer explaining the technology to a Dutch Group in 1992 , be sure to download a copy. Natural gas emits 50 to 60 percent less carbon dioxide (CO2) when combusted in a new, efficient natural gas power plant compared with emissions from a typical new coal. Read the latest Oil & Gas headlines, all in one place, on NewsNow: the one-stop shop for news. "This is a historic contract in the oil and gas industry. Oil and gas companies are realizing they can’t simply continue cutting costs to survive. Probe, a supplier of cased-hole logging and advanced monitoring technology to the global oil and gas and geothermal industries, has announced the launch of its UHT Dimension XY Caliper, the first XY Caliper Tool specifically designed to operate in ultra-high temperature environments. This takes a look at how big data and machine learning are paving the way to more efficient equipment maintenance, and how 3D printing offers significant supply chain savings. Graduates in Oil and Gas Production Technology will receive a two-year degree and are prepared for entry-level positions at any processing facility. We have an extensive experience in auditing oil and gas companies and good understanding of industry-specific tax and accounting issues. Stay updated with Oil news, energy news, gas news through: articles, blogs, videos, project updates and interviews with movers and shakers of oil, gas and energy sector. Canada's Alberta Moves Closer to Creating 'Energy War Room' The government of Alberta, Canada's main oil-producing province, on Wednesday took the first steps towards establishing its so-called 'energy war room' aimed at boosting the image of the oil and gas industry. Petro Industry News September 2019. Natural gas, the cleanest-burning fossil fuel is vital to the world's energy future. France to End Oil and Gas Production by 2040 Priscila Barrera - September 6th, 2017 France is on track to become the first country to phase out all oil and gas exploration at its mainland and. As is the case for drilling, many public companies are involved in well service. Nowadays, oil. We advocate for and enable economic competitiveness and safe, environmentally and socially responsible performance. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services Brazilian Environment Minister Ricardo Salles said the crude oil. In today’s energy sector, clean energy technology is a major driving force in the industry. “A good cable-tool man is just about the most highly skilled worker you’ll find,” one historian noted. Isam bin Saud Al Zadjali, CEO of OOC, held an exclusive press meeting with the Oman News Agency and Reuters, at the Chairman’s office in OOC headquarters. Oil and gas companies can train AI systems using large volumes of raw production data. New robust companies are ushering in new technology in a unique way that can support major companies, especially in this industry. EnergyNow is an online energy news and data media service dedicated to providing essential up to-date information on the Canadian oil & gas industry. Midstream Business. The project is carried on by Serintel in cooperation with Academic Institutions and International Bodies operating in Oil & Gas sector. The distribution of oil and gas reserves among the world's 50 largest oil companies. CECO Peerless is an experienced and reliable global leader in designing and supplying a wide range of compact, engineered, high-efficiency, processing, separation and filtration equipment. We have an extensive experience in auditing oil and gas companies and good understanding of industry-specific tax and accounting issues. 2 Billion Exxon Appoints Bank to Sell Malaysia Assets Fewer Splices Mean Faster Umbilical Production at Upgraded Facility Denmark Weighs Ending North Sea Exploration Japan, Scotland Invest in Subsea Technology Brazil's New Dawn. Latest Industry News and Analysis on Power, Energy, Oil and Gas. Arvind Ravikumar, a Stanford post-doctoral fellow who. Founded in 1910 in Tulsa, Oklahoma, USA, PennWell Corporation is a privately held and highly diversified business-to-business media and conference and exhibition company that provides quality content and integrated marketing solutions for the following industries: Oil and gas, electric power generation and delivery, hydropower, renewable energy. Topics cover industry news, trends & events related to exploration, drilling, refining, facility design, construction, operation, and distribution of the world's petroleum and natural gas resources. Recently released video of the Water Powered Car and Stan Meyer explaining the technology to a Dutch Group in 1992 , be sure to download a copy. Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam's oil and gas industry in Vung Tau, to. 23 Thus, the consequence of a cyber-attack on oil and gas production could be severe, promptly affecting. Oil & Gas Vietnam 2019 13/11/2019 - 15/11/2019. More than $443bn-worth of major oil, gas and petrochemicals project contracts. has selected GE Oil & Gas as a strategic partner to provide a plant-wide technology solution for its liquefied natural gas (LNG) export facilities under development in Louisiana. IJOGCT publishes original papers, review papers, technical reports, case studies, conference reports, industrial reports, management reports, book reviews, research notes, and news. The majority of the research portfolio is available on this site. Our underwriting, claim and risk control professionals focus exclusively on the oil and gas industry. When it comes to lower gas and oil prices, should American consumers believe the hype? AAA reports the national average of a gallon of gasoline dropped below $3. AVEVA and Microsoft deliver New Technology Workshops For Oil & Gas Leaders Delegates Get Hands-on with AVEVA Engage 3D Visualization Software In Dubai Dubai, (UAE) : AVEVA and Microsoft will deliver a series of workshops at the Microsoft Technology Centre in Dubai, showing the region’s Oil & Gas leaders how software can power operational. Get info about online programs in oil and gas management. The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them. France to End Oil and Gas Production by 2040 Priscila Barrera - September 6th, 2017 France is on track to become the first country to phase out all oil and gas exploration at its mainland and. Welcome to InDepth Oil & Gas. Providing all the latest news, updates and developments in the oil & gas industry, sourced locally and from around the world. Registered Office: 20 Queens Road, Aberdeen, Scotland AB15 4ZT. Department of Industry - ABN 74 599 608 295. The distribution target is oil and gas producers, distributors, consult engineers, contractors, OeMs, EPCs. Over 450,000 workers were employed in the oil and gas extraction and support industries in 2011 (Quarterly Census. Commissioned by Accenture and in conjunction with Microsoft, the survey focuses on investments companies are making—why, when and which ones—today and in the near term. The human cost of restructuring within the oil and gas sector has been enormous. > Improving performance to ensure the valorization of assets To sustain their supply of crude oil or gas, oil companies are looking to extend the life of mature sites but are also compelledto seek new sources of oil or gas for which extraction, transport and refining are much more complex and costly. Oil prices are projected to remain relatively low through 2016. Geological Survey study shows that unconventional oil and gas production in some areas of Arkansas, Louisiana, and Texas is not currently a significant source of methane or benzene to. The latest upstream news and events from the oilfield industry, including oil rigs, drilling, oil fracking, and offshore and onshore projects. Read our magazine. SLCC to offer oil and gas production technology diploma SLCC will begin offering a technical diploma in Oil and Gas Production Technology in the fall 2016. Gas Processing provides news, business information and projects information for global gas processing industry and coverage includes Natural gas liquids (NGL), Liquefied natural gas (LNG), Gas-to-Liquids (GTL) and Liquefied petroleum gas (LPG). New Delhi: Oil refining companies globally are continuing to increase investments in digital technologies even as they are yet to fully capitalise on digital investments and such technologies delivering lower margin improvements in refining operations this year, according to the latest research conducted by Accenture. Announces 2011 First Quarter Results Reflecting a 150% Increase in Production. The PT Sensor is a natural next step in developing TOG’s subsea sensing portfolio and utilizes the design philosophies and technologies that have enabled TOG to deliver ‘best in class’ solutions to the oil and gas industry for more than a decade. Over the past few decades the oil and natural gas industry has transformed into one of the most technologically advanced industries in the United States. Here's a look at some of the latest tech creating a buzz in the oil and gas industry. We pay our respect to them and their cultures and to the elders past and present. I wrote about new drilling techniques and other technology that promised to bring oil and gas production costs significantly lower. Petroleum history news & EVENTS. Our growth strategy includes high-quality acreage acquisitions and forming strategic joint ventures with select operators in the Greater Wattenberg Field. OPI Downhole Technology addresses the wide-ranging demand for power solutions for the oil and gas industry. About us Technology and innovation Veracity data platform Sustainability Annual reports History Business areas Maritime Oil & Gas Energy Business Assurance Digital Solutions Rules and standards. Brown Convention Center in Houston. Natural gas emits 50 to 60 percent less carbon dioxide (CO2) when combusted in a new, efficient natural gas power plant compared with emissions from a typical new coal. oil and gas production has brought huge economic opportunities for the country and for the chemical industry. The oil and gas industry is dangerous, as Inside Energy explored in the series Dark Side of the Boom, and new data from the Bureau of Labor Statistics shows its safety record isn’t improving. Today, AI is helping the oil and gas industry chart its future course. Pro-400 – Fleet Management and Driver Safety. OILMAN - a leading oil and gas business magazine covering industry news, products, technology, software, shale, exploration, production and oil prices. Take a sheet of paper and write down your answers. OPEX Group, an Aberdeen-based provider of data science and predictive analysis services, has shown commitment to attracting fresh talent into the oil and gas industry by supporting Robert Gordon University's (RGU) newly launched Graduate Apprenticeship in Data Science. , 1025 Connecticut Avenue NW, Suite 1000, Washington, DC 20036 · Contact · About. IJOGCT publishes original papers, review papers, technical reports, case studies, conference reports, industrial reports, management reports, book reviews, research notes, and news. First published in 1902, the Oil & Gas Journal (OGJ) has certainly kept up with the times with some great multimedia offerings: they publish a digital weekly magazine in addition to video blogs and webcasts. The latest LNG news, industry trends and events from LNG Industry magazine, including LNG terminals, shipping, natural gas and liquefaction. Fri 11 Oct 2019 Jersey Oil and Gas Details Buchan’s 'Significant' Resources Published: 08:00 on Fri 11 Oct 2019 in Oil Industry News. The United States of oil and gas Since 2010, the United States has been in an oil-and-gas boom. LONDON--(BUSINESS WIRE)--Quantzig, a global analytics solutions provider, has announced the completion of their latest article on the major challenges in the oil and gas industry. Barrels of oil produced per day in countries where we do business 15,034,885 BP reports by 2035 world energy demand will grow 37%. The rush to move natural gas to markets places pipelines too close to homes, with construction taking place in backyards, farms, pastures, and right at the mailboxes of residents throughout the country. Drilling projects operate around the clock, disrupting wildlife, water sources, human health, recreation and other aspects of public lands that were set aside and held in trust for the American people. Gas Technology Institute (GTI) has entered a partnership agreement with Comply365 to bring transformational technologies to clients in the gas and utility sectors. BY PATRICK KURP Special to the Rice News. New oil and gas technology on display at NMSU's AgAssembly How a graduate student is leveraging NMSU's intellectual property to bring a new product to market. A 2015 report from the California Council on Science and Technology concluded that fracking in California happens at unusually shallow depths, dangerously close to underground drinking water supplies, with unusually high concentrations of toxic chemicals. Learn more about Shell on our global website. Dan Goodin - Jun 15, 2019 11:50 am UTC. Oil and gas-related companies led gains, with the mining and oil. Gulf Oil unveils new logo and retail fuel image. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services Brazilian Environment Minister Ricardo Salles said the crude oil. Oil & gas news from the Houston Business Journal, including the latest news, articles, quotes, blog posts, photos, video and more. Possibly longer. Oil and Natural Gas Corporation Ltd. 3 billion purchase of Smith International comes down to the increasing difficulty in reaching oil and gas, and the promise that North America's shale gas will help offset. The Trump. Technology, Media & Telecommunications March 2019 - Management practices and digital technologies used by other industries can help oil and gas companies boost. Methane gas occurs naturally and can be released by any kind of drilling, including water wells. And by 1982, the funders were no longer interested. And no one knows for sure when the slump will pass. The Blockchain in Oil and Gas Conference will be a two-day event held on September 18th & 19th, 2019. Conventional oil and gas production methods can affect groundwater much more than fracking, according to hydrogeologists Jennifer McIntosh from the University of Arizona and Grant Ferguson from. Among other findings, study outcomes indicate that there is not currently a strong move among Canadian oil and gas companies to become compliant with the US Sarbanes-Oxley Act of 2002. The magazine covers all areas of the offshore industry, from policy to platforms, research to rig retirement. MANAMA, Bahrain, October 10, 2019 Al Saggaf touts 'Efficiency, Resiliency, and Sustainability' at HSE conference. Oil and gas drilling has serious consequences for our wildlands and communities. The droplet generator uses the energy from the flowing natural gas to create droplets of the right size. 2 million barrels per day and gas production hit 87. Oil and Natural Gas Corporation Ltd. The use of such technologies. As the price of oil remains low, oil and gas companies are turning to information technology to help lower costs and make production more efficient. Oil & Gas News (OGN) is the only weekly energy journal covering the Middle East, Asia/Pacific Rim as well as the global markets combining more than three decades of international publishing experience with an ability to provide a unique insight into this major industry. Efficiency. Zion Market Research published a research report containing 110+ pages titled “Oil and Gas Analytics Market By Application (Upstream Operations, Midstream Operations, and Downstream Operations), By Deployment Platform (On-Premises and Hosted), and By Service (Professional, Integration, and Cloud): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” in its. As demand for energy to keep our homes, vehicles, and businesses running continues to increase, so does our advancement in technology, allowing us to provide safe, reliable, and affordable energy. Check out this story on theadvertiser. Topics cover industry news, trends & events related to exploration, drilling, refining, facility design, construction, operation, and distribution of the world's petroleum and natural gas resources. 1 trillion worth of goods and services last year. Oil and gas investments can be subject to wild price swings – especially when investing in smaller companies. Agenda available for Technology Forum (30th Offshore Licensing Round) On 22 August 2017, the Oil and Gas Authority (OGA) and the Oil and Gas Technology Centre (OGTC) will jointly host a Technology Forum at the Aberdeen Exhibition and Conference Centre (AECC). petroleum exploration, production and transportation history provides a context for understanding the energy industry. Over the past few decades the oil and natural gas industry has transformed into one of the most technologically advanced industries in the United States. Unlocking tightly trapped gas and oil. Covering the latest oil and gas news including shale, lng, drilling, exploration and production. ExxonMobil has licensed cMIST technology to the Chemtech division of Sulzer, a leading player in separation technologies, to facilitate deployment across the oil and gas industry. Travelers is an industry leader in the oil and gas insurance sector with more than 30 years serving oil and gas customers. Oil & Gas News (OGN) is the only weekly energy journal covering the Middle East, Asia/Pacific Rim as well as the global markets combining more than three decades of international publishing experience with an ability to provide a unique insight into this major industry. Scandinavian Oil-Gas Magazine is your premier source for in-depth information on developments within the oil & gas industry in the Northern Seas. ESPs are especially effective in wells with low bottomhole pressure, low gas/oil ratio, low bubblepoint, high water cut or low API gravity fluids. Eaton has a strong heritage of innovation marked by quality, market expertise, unparalleled service and a commitment to our customers. 37 km pipeline that will feed gas from Black Sea wells into the national gas infrastructure system, the economy ministry said on Friday. Oil and Gas. Find all our general news, stock market announcements and notifiable tradings here in our news archive. In short, while the supply glut may have ended, its aftereffects will continue. World Oil provides daily news, trends and data for the global upstream industry, including in-depth coverage of deepwater, subsea, shale, exploration, drilling, well completion, unconventionals. The 640MW Khormala Gas-Fired Power Plant, which is under construction, is located 25km south of Erbil, in the Kurdistan area of northern Iraq. The Ground Water Protection Council (GWPC) released a report that examines current regulations, practices, and research needed to expand the use of produced water, a byproduct of oil and gas production, as a resource. Process Simulation Software in Oil and Gas Market research Report is a valuable supply of perceptive information for business strategists. The company is committed to the development of both conventional and unconventional geologic formations of the Texas Gulf Coast with a specific focus on the Eagle Ford Shale formation. Oil and gas exploration is a method used by petroleum geologists and geophysicists for searching for hydrocarbon deposits (oil and gas) under the Earth’s surface. HOUSTON (Dec. In areas where oil is found in shallow reservoirs, seeps of crude oil or gas may naturally develop, and some oil could simply be collected from seepage or tar ponds. Zion Market Research published a research report containing 110+ pages titled “Oil and Gas Analytics Market By Application (Upstream Operations, Midstream Operations, and Downstream Operations), By Deployment Platform (On-Premises and Hosted), and By Service (Professional, Integration, and Cloud): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” in its. Events and Networking. Encana is a leading North American energy producer focused on growing its portfolio of diverse resource plays producing natural gas, oil and natural gas liquids. But a new study co-authored by an MIT professor suggests otherwise: Technology-driven cost reductions in fossil fuels will lead us to continue using all the oil, gas, and coal we can, unless governments pass new taxes on carbon emissions. 23 Thus, the consequence of a cyber-attack on oil and gas production could be severe, promptly affecting. The plant will also be operated by the company. “People who work in oil and gas think their contribution will be to make sure that they develop oil and gas in the. Technology Disruption on the Horizon in Oil & Gas. Hydraulic fracturing technology can safely unlock gas resources trapped tightly in tiny rock spaces. Common topics: International oil & gas news and statistics, key developments, technology and analysis of issues and events. In oil and gas offices around the globe, the term digitalization prompts a range of responses. Our news analysis covers Fossil fuels, alternative energy and environmental developments. Global Energy Group has reached agreement with Repsol Sinopec Resources UK Ltd to take over the long-term operation of the Nigg Oil Terminal jetty under a new lease with Crown Estates Scotland. We cover the entire spectrum of the Oil & Gas value chain from upstream, midstream, downstream, and petrochemicals, all the way through to insights and trends across the globe. Perhaps the most publicized was the 1969 spill off the California coast near Santa Barbara, in which 7,000 tons went into the water before the well was capped. HTP's space heating boilers provide ultimate comfort and the best overall efficiency ratings while keeping maintenance and operating costs to a minimum. 97 Billion by 2019 Fri, 3 October, 2014. Oil Spill News. The Drill Down is the Utah Division of Oil, Gas and Mining's (OGM) quarterly newsletter. USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources of the US onshore and state waters. 11 July 2019: Hug Engineering updated their DieselNet Business Page with the current portfolio of emission control products. Produced with the aim of being the leading, independent, technology based journal for the Russian, Caspian, CIS and Eurasia regions. Dan Goodin - Jun 15, 2019 11:50 am UTC. The oil and natural gas industry shares a keen interest in the policy issues arena. NRDC works with automakers and government leaders not only to make cars go farther on a tank of gas but also to take. Extraction Oil & Gas was created in December 2012 and has since assembled a strong technical team with years of experience in horizontal drilling and completion operations. Oil drilling and oil servicing thus represent two different business activities within the oil and gas industry. Global Energy Group has reached agreement with Repsol Sinopec Resources UK Ltd to take over the long-term operation of the Nigg Oil Terminal jetty under a new lease with Crown Estates Scotland. Stay updated with Oil news, energy news, gas news through: articles, blogs, videos, project updates and interviews with movers and shakers of oil, gas and energy sector. Vision : To be a Leading Regulator in the Oil and Gas Sector Mission : To ensure the sustainable development of Nigeria’s Oil and Gas resources across the value chain for our stakeholders through effective regulation, while entrenching world class professionalism, accountability, and transparency. Read the latest Oil & Gas headlines, all in one place, on NewsNow: the one-stop shop for news. New Delhi: Oil refining companies globally are continuing to increase investments in digital technologies even as they are yet to fully capitalise on digital investments and such technologies delivering lower margin improvements in refining operations this year, according to the latest research conducted by Accenture. Latest News. New innovations have reshaped the industry into a technology leader. This is an industry ripe for digital transformation. Built on four strategic components – Retain, Retrain, Recruit, and Renew – the report, led by OPITO in partnership with RGU’s Oil & Gas Institute, is designed to help the sector develop an increasingly flexible, multi-skilled and technology-enabled workforce. The latest upstream news and events from the oilfield industry, including oil rigs, drilling, oil fracking, and offshore and onshore projects. By challenging the limits of drilling operations, Ulterra is constantly developing innovative bit technology to better adapt to changing drilling conditions and specific application requirements. Jersey Oil and Gas PLC has revealed the findings of a new independent evaluation of its recently acquired Greater Buchan Area project in the North Sea. Travelers is an industry leader in the oil and gas insurance sector with more than 30 years serving oil and gas customers. Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google News. Serintel is an independent Service Company operating on an international scale with expertise in Oil & Gas sector (upstream and downstream) technology transfer. This is good news for investors. The oil price is measured by the cost of a barrel of a certain type of oil. Data Gumbo has financial backing from Saudi Aramco Energy Ventures, the venture capital arm of oil company Aramco, and Equinor Technology Ventures, a part of Equinor, Norwegian state-owned oil company and member of OOC Oil & Gas Blockchain Consortium. Total is a major energy player, which produces and markets fuels, natural gas and low-carbon electricity. Barrels of oil produced per day in countries where we do business 15,034,885 BP reports by 2035 world energy demand will grow 37%. The industry has enabled numerous companies that use oil and gas products to thrive. A History of Service to the Oil and Gas Industry. New oil and gas technology on display at NMSU's AgAssembly How a graduate student is leveraging NMSU's intellectual property to bring a new product to market. New robust companies are ushering in new technology in a unique way that can support major companies, especially in this industry. Canada's Alberta Moves Closer to Creating 'Energy War Room' The government of Alberta, Canada's main oil-producing province, on Wednesday took the first steps towards establishing its so-called 'energy war room' aimed at boosting the image of the oil and gas industry. 6) Oil Price. OPEX Group, an Aberdeen-based provider of data science and predictive analysis services, has shown commitment to attracting fresh talent into the oil and gas industry by supporting Robert Gordon University's (RGU) newly launched Graduate Apprenticeship in Data Science. The brands you know and rely on have evolved. Four years later, prices have recovered, hitting record levels in the United States. The oil and gas industry is dangerous, as Inside Energy explored in the series Dark Side of the Boom, and new data from the Bureau of Labor Statistics shows its safety record isn’t improving. "This is a historic contract in the oil and gas industry. Today, AI is helping the oil and gas industry chart its future course. TechX Pioneer Mocean makes waves with new base in Aberdeen. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services Brazilian Environment Minister Ricardo Salles said the crude oil. oil and gas technology videos and latest news articles; GlobalNews. See exciting videos about exploration, production, transportation, refining, distribution and the many products created by oil and natural gas. small pools solution. Arvind Ravikumar, a Stanford post-doctoral fellow who. Our ambition is to become the responsible energy major. Tank Storage Magazine is the leading industry publication dedicated exclusively to the bulk liquid storage sector. Latest News. small pools solution. Latest News. The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices. A newly formed consortium of oil and natural gas majors is gearing up to deploy the breakthrough technology of Blockchain in the United States. Read about the state of the industry in Deloitte’s 2019 Oil and Gas Industry and Chemicals Industry Outlook. A digital magazine focused on the projects, systems, and technologies of facilities engineering, with timely reports on PFC-related news and technical advances, as well as peer-reviewed technical papers. Carrizo Oil & Gas CRZO - Carrizo Oil & Gas, Inc. "This is a historic contract in the oil and gas industry. The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them. Late in 2015, Congress voted to end a four-decades-long ban on crude oil exports, and President Barack Obama subsequently signed the bill. Developments Long Term Future of Nigg Oil Terminal Jetty Secured. Find the latest products, news, articles, application stories, events, training and resources relating to the Automation of Oil & Gas Production. The current natural gas pipeline boom gives many homeowners a first row seat to the process of pipeline construction. But there's a catch. 2 days ago · The Alberta government won't seek out a meeting with teen climate activist Greta Thunberg, but Environment Minister Jason Nixon said he hopes the Swedish girl takes time to learn about the province's oil and gas industry. Yet there are still opportunities that oil and gas companies must not pass up. These services provide operators with.