The latest upstream news | Oilfield Technology
WEB4 days ago · Reuters: FTC set to greenlight Chevron's US$53 billion buy of oil rival Hess, sources say. Thursday 26 September 2024 09:47. Reuters has reported that the US Federal Trade Commission is expected to greenlight US oil producer Chevron's purchase of Hess as soon as this week, two people familiar with …
Oilfield Technology magazine
WEBOilfield Technology - February 2024. The January/February issue of Oilfield Technology begins with a regional report outlining how upstream projects, large undeveloped resources, and changes in political trends are keeping Latin America on investors’ radars. Features in this issue include offshore, subsea, digitalisation and drilling projects.
OTC Technology Review: Drillmec - Oilfield Technology
WEBMay 12, 2020 · The Offshore Technology Conference (OTC), held each year in Houston, Texas, US, is one of the world's leading upstream oil and gas events. Before OTC 2020 was cancelled due to the COVID-19 pandemic, Oilfield Technology contacted a range of key players in the upstream industry and asked for their insight on the latest technologies that were due to be showcased at this year's OTC.
Oil exploration news | Upstream news | Oilfield Technology
WEBINPEX awarded exploration block AC/P71 offshore Western Australia. Wednesday 21 August 2024 09:30. INPEX CORPORATION has announced that its subsidiary INPEX Browse E&P Pty Ltd (INPEX Browse) was awarded an exploration permit over release area AC22-1, now named AC/P71 (the Block) in Australia’s 2022 offshore petroleum exploration acreage release.
Upstream oil & gas events - Oilfield Technology
WEB28 October 2024 - 30 October 2024. At YNOW2024, professionals in the energy, petrochemicals, mining, food, and water industries and life sector will learn how to leverage innovative technologies to optimise their company-wide processes and thrive in dynamic business ecosystems. Hilton Americas-Houston. Houston, Texas, United States.
Rival Downhole Tools acquires operating assets of Hunting Energy ...
WEBDec 17, 2020 · Hunting PLC and Rival Downhole Tools LC have announced that Rival has acquired the operating assets of Hunting Energy Services (Drilling Tools), Inc. (HESDT), a wholly owned subsidiary of Hunting, in exchange for Hunting securing a minority equity interest in Rival. Neil Fletcher, CEO of Rival, commented: “This …
Offshore Malaysia field brought online | Oilfield Technology
WEBJul 30, 2021 · PETRONAS has announced that the East Cendor field in Block PM304 located 140 km offshore Peninsular Malaysia achieved its first oil production on 23 June 2021. The field was developed by Petrofac (Malaysia) Limited (Petrofac), Kuwait Foreign Petroleum Exploration Co. and PETRONAS Carigali Sdn Bhd, under the Block PM304 Production Sharing Contract.
White papers - Oilfield Technology
WEBMar 1, 2022 · Spotlight: Asia, excluding China, weakest link in global oil demand recovery in Q2. Asia’s oil demand recovery is expected to remain patchy in the near term. The region will account for only 30% of global growth in 2021 and 35% in 2022, down from 73% over pre-COVID-19 years of 2011-2019. Published on the 01 September 2021.
World’s first fully automated land rig drills first well
WEBOct 15, 2021 · Nabors Industries Ltd. has announced its PACE ® -R801 – the world’s first fully automated land drilling rig – has reached total depth on its first well, a horizontal well for ExxonMobil in the Permian Basin. XTO Energy, a subsidiary of ExxonMobil, contracted PACE-R801 to drill three horizontal wells on a test pad in Midland County, Texas ...
An integrated approach to asset integrity in the offshore oil and …
WEBMay 26, 2017 · AIM should address the quality at every stage of the asset life cycle, from the design of new facilities to maintenance management and decommissioning. Inspections, auditing/assurance and overall quality processes are just some of the tools designed to make an integrity management system effective. …