Technology Exclusives

Nexans, umbilical, subsea technology, Jon Arne Hall, direct heating

Nexans gives insight on the changing role of umbilicals and the importance of pipeline heating to subsea flow assurance.

USE It Act, carbon capture, utilization and sequestration, CCUS, CO2 EOR, oil and gas technology

The so-called USE It Act encourages carbon capture, utilization and sequestration projects with focus on technology development and adding commercial value such as for CO2 EOR.

In this episode of the Women in Energy podcast, we hear from EY’s Deborah Byers who gave us pointers on how to progress your career.

canada_oil_industry_conference_board

While companies are finally seeing black in the financial reports again, oil and gas jobs are still lagging, a Conference Board of Canada study revealed.

Brazil oil and gas, Anabal Santos Jr., Brazilian Association for Independent Producers of Oil & Gas, ABPIP, Decio Oddone, ANP

As Brazil’s offshore segment flourishes, onshore opportunities have not gained much attention. But the Brazilian government is working to make its onshore assets more attractive.

Technology Completion

A system has been developed to deliver cost savings by removing the need for cutting and pulling a casing when removing annular fluid.

As digital innovations take hold, the oil and gas industry is undergoing an evolution of its workforce.

haynesville_stoneburner_goodson

A technology panel at DUG Haynesville discussed choke management strategies, the popularity of slickwater fractures and which metrics offer the best indicators for a well’s performance.

By the end of 2018, Energent expects over seven million tons of premium frack sand to be mined inside the Permian Basin every quarter.

patent, Deloitte, Center for Energy Solutions, hydraulic fracturing, oil, gas

Proppant tracking, flowback prevention and nanoparticles are among the areas of focus, according to a study released by Deloitte.

Technology Contracts

The Njord Bravo FSU is scheduled to be delivered in the spring of 2020.

Canadian construction and engineering firm SNC-Lavalin said on April 18 it had signed a deal with Saudi Aramco  to install added facilities for a major gas processing plant in Saudi Arabia.

Proserv has secured a contract worth over $5.5 million with Repsol to upgrade and build new subsea production control equipment for the Yme field redevelopment in the Norwegian North Sea.

Fourteen companies have expressed interest in oil and natural gas exploration and development contracts to be auctioned by Iraq on April 25, the oil ministry in Baghdad said on April 14.

TechnipFMC (NYSE: FTI) has been awarded a FEED contract by BP (NYSE: BP) for the FPSO unit for the Tortue/Ahmeyim field development, the company said on April 16.

Technology Digital

Aker BP, Karl Johnny Hersvik, Data Liberation Front, oil and gas data, oil and gas technology, ABB

Giving vendors access to performance data could bring operators significant benefits while ushering new business models into the supply chain.

Equipping problem solvers for tomorrow’s challenges.

Digital technology will transform the pace of change within the safety and risk sector.

Leading capital planning systems are providing exactly what the oil and gas industry needs to get back on its feet: automated systems, quality data, visibility, reporting and scheduling.

Models encapsulating the reservoir, production processes, equipment and economics provide the opportunity to fully leverage available data.

Technology Downhole

Permanent spacers help fine-tune pump operations while enhancing safety.

New telemetry systems are opening the path to full life-of-well pressure and fluid management.

The cone/slip shape design enables the use of more capillary lines and monitoring cables downhole.

A real-time monitoring system enhances operations in tidal conditions.

An expanded laboratory integrates physical and digital information from downhole rock and fluid analysis to modeling and simulation.

Technology Equipment

More than half the total oil rigs are in the Permian Basin in west Texas and eastern New Mexico.

While the North Sea has been leading the increase in demand for offshore supply vessels, with rates for some vessel segments improving by 30% from a year ago, activity is starting to pick also elsewhere in the world, DOF’s CEO told Reuters.

Drillers added 11 oil rigs in the week to April 6, bringing the total count up to 808, the highest level since March 2015, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report. This was the biggest weekly addition in about two months.

Technology Operations

Oil and gas producer Santos Ltd. on April 19 reported a near 7% fall in first-quarter production as output from the Papua New Guinea LNG project fell after a powerful quake hit the region in February.

Energean listed in March, raising $460 million to develop two Israeli offshore gas fields, Karish and Tanin, which have potential reserves of up to 2.4 trillion cubic feet of gas and 32.8 million barrels of light oil and condensate.

Weir also said it would start a process to sell its flow- control division, which designs and manufactures process pumps and valves for power, oil and gas industries.

Italian oil major Eni has no plans to pull out of its joint venture with Russia's Rosneft despite escalating sanctions against Russia, CEO Claudio Descalzi says.

Morten Kelstrup will join Maersk Drilling as chief commercial & innovation officer to lead the newly-established Commercial and Innovation function, the company announced on April 18.

Technology People

Wellsite Fishing and Rental Services LLC has appointed Ryan Henderson as its new executive vice president, the company said in a statement on April 19.

Venezuela arrested two Chevron Corp. (NYSE: CVX) executives, the U.S. oil major said on April 17, in what appeared to be the first arrests of a foreign oil company’s direct employees during a purge of alleged graft in the OPEC nation.

Dorothy Thompson, who served as CEO of the Drax Group international power and energy trading company, has been appointed independent non-executive director and chair designate for Tullow Oil, according to a news release.

Range Resources Corp. (NYSE: RRC) said April 12 that Ray Walker will retire from his position as executive vice president and COO, effective April 13.

Texas Railroad Commission Chairman Christi Craddick and Commissioners Ryan Sitton and Wayne Christian on April 11,2018 voted unanimously to appoint Wei Wang to serve as executive director of the commission, effective immediately.

Technology Regulations

Republican Senator Lisa Murkowski said in a joint statement with Alaska's other lawmakers that the drilling would "help ensure the energy and economic security of our nation."

The decisions relate to probes into suspected corruption involving Odebrecht’s business with state oil firm Pemex, officials said. The government did not provide details.

ExxonMobil spokesman Scott Silvestri called the lawsuit part of a misplaced effort to pin the global phenomenon of climate change on oil producers alone.

Australia's NT commissioned an inquiry into the environmental, social and economic risks of fracking and on April 17 accepted the inquiry's conclusion that the risks were manageable.

The nine justices heard about an hour of arguments that will resolve the amount of money that rival ION Geophysical must pay for infringing Schlumberger technology.