The latest upstream news | Oilfield Technology
WEB2 days ago · Wednesday 02 October 2024 08:45. MHI Compressor International Corporation successfully delivers CO2 product compressor package for ExxonMobil’s carbon capture project in Wyoming. The latest upstream news and events from the oilfield industry, including oil rigs, drilling, oil fracking, and offshore and onshore projects.
Upstream oil & gas events - Oilfield Technology
WEB14 October 2024 - 16 October 2024. The Oil & Gas Automation and Digitalisation Congress (AUTOMA 2024) assembles industry leaders on 14 - 16 October in Düsseldorf, Germany to explore the latest advancements in automation and digitalisation and foster collaboration across the entire value chain. CROWNE PLAZA Düsseldorf - Neuss.
Schlumberger rebrands as SLB | Oilfield Technology
WEBOct 25, 2022 · Schlumberger has announced its new name – SLB – underscoring the company’s vision for a decarbonised energy future and affirming its transformation from large oilfield services company to a technology company focused on driving energy innovation for a balanced planet. Beginning today, the Schlumberger brand and nearly all …
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 ...
HydroVolve launches percussive drilling system for geothermal wells
WEBJan 25, 2022 · HydroVolve has launched GeoVolve HAMMER, a percussive drilling system set to cut well capital expenditure of geothermal wells by 50%. GeoVolve HAMMER, powered by HydroVolve’s field proven INFINITY engine, uses percussive impulse energy to fracture the rock ahead of the drill bit, enabling deep …
Rystad Energy: global oil and gas investments to hit US$628 billion …
WEBJan 11, 2022 · An analysis by Rystad Energy projects overall oil and gas investments will rise 4% to US$628 billion this year from US$602 billion in 2021. A significant factor behind the increase is a 14% increase in upstream gas and LNG investments. These segments will be the fastest-growing this year, with a jump in investments from US$131 billion in 2021 ...
Oil exploration news | Upstream news | Oilfield Technology
WEBAustralian Energy Producers: exploration exit a blow to Victoria’s energy security as gas supply dwindles. Monday 30 September 2024 12:00. A global exploration company’s decision to cease its search for new gas supply in Victoria’s Otway Basin is a major blow to the state’s energy security and will compound looming gas shortfalls in ...
McDermott, Sinopec consortium land EPCC contract for …
WEBJun 9, 2021 · A consortium of a subsidiary of McDermott International, Ltd and Sinopec International Petroleum Service Corp. has received a conditional Letter of Award for the future contract valued at approximately US$2 billion …
The digital oilfield – understanding the potential
WEBJul 1, 2014 · This understanding of the potential is driving investment – 25% of individual leaders will be committing substantial investment of more than US$ 30 million into digital oilfields in the next 12 months. Taking into account all the predicted spend from the research the estimated investment will be in the region of US$ 360 million.
World Pipelines magazine - Oilfield Technology
WEBThe September 2024 issue of World Pipelines includes articles on pipeline construction, deepwater pipelines, hydrogen transport and pipeline pigging. Our keynote section focuses on pipelines in North America, and we also feature technical articles on pipeline integrity, and sensing. Plus World Pipelines Americas 2024 supplement.