Industry Trends
News
December 11, 2024
This year, KOC proudly celebrates its 90th anniversary. Over nine decades, it has reached numerous milestones, establishing itself at the forefront of the global oil and gas industry, a position it has sustained across generations.
Article
November 2024
Subsea choke valve failures can be costly, with component costs, subsea replacement logistics and lost production time. ClampOn’s Choke Condition Monitor (CCM) can help reduce choke failures by monitoring vibration and acoustic levels, offering operators necessary information to change choke flow and plan maintenance intervals.
Article
November 2024
As generative A.I. surges in interest, with ever-expanding applications, industry discussions focus on the best ways to take advantage of the technology. While the possible applications present a tantalizing prospect for companies, adopting the technology will require companies to carefully consider existing infrastructure and data management.
Article
November 2024
InjectRT™, a novel intelligent chemical treatment optimization service from Baker Hughes, uses cutting-edge machine learning techniques to automatically calculate and adjust chemical injection rates in near real-time. This technology minimizes corrosion and scaling, extends the run life of ESPs, and increases production.
News
November 27, 2024
With just four months to go until its first day in Madrid, Spain, World Oil’s/Gulf Energy Information’s MCEDD 2025 (March 25-27), The Deepwater Development Conference, is gaining momentum with a strong agenda featuring an impressive collection of participants and topics.
News
November 20, 2024
(WO) – The enthusiasm was evident on Day 2 of the Women’s Global Leadership Conference in Energy, as Kelley Henderson, GM of Category Management and Projects for Chevron, delivered an empowering keynote speech highlighting five key leadership behaviors.
News
November 20, 2024
(WO) – The Women’s Global Leadership Conference celebrated its 20th year running, as it kicked off on Nov. 19, once again bringing female leaders and industry experts from around the globe to discuss pressing concerns and shifts in the industry that are unique to the female experience.
News
November 19, 2024
(WO) — The 20th annual Women’s Global Leadership Conference in Energy (WGLC) kicked off today with a powerful opening session led by Alexandra “Alie” Pruner, Senior Advisor at Perella Weinberg Partners/TPH&Co.
News
November 14, 2024
ADNOC announced today the fourth cohort of its prestigious Trading Academy, which prepares ADNOC’s UAE National talent for roles as global traders of refined and crude products in the company’s trading operations, ADNOC Global Trading (AGT) and ADNOC Trading (AT).
News
November 13, 2024
Viasat, Inc. has shared its ‘State of Industrial IoT in 2024’ report, which finds energy is leading investment in IoT. The oil and gas sector has remained steady in its investment ($3.2m) since 2021, while renewables moves to increase its investment figures ($3.5m).
News
November 12, 2024
The Oil & Gas Decarbonization Charter (OGDC) has published its Baseline Report, setting a foundation to help prioritize and track progress on emissions reductions made by the 54 oil and gas companies — representing almost 45% of the global oil production, that have signed up to the Charter’s ambitions.
Article
October 2024
Oil prices faced another dip in September, following a recovery in August levels. Prices are expected to rise for October, when the final data are compiled.
News
November 04, 2024
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, rallied the energy industry at the 40th ADIPEC meeting to lead the world to the next phase of sustainable socioeconomic growth.
News
November 04, 2024
TechnipFMC and Prysmian today announced the two companies have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity.
News
November 03, 2024
During its 95th Annual Meeting in Boca Raton, Fla., last week, the Independent Petroleum Association of America (IPAA) announced its new chairman for a two-year term while also revealing its first Chief Roughneck Award winner in five years. The two-day event hosted independent producers from across the U.S.
News
November 03, 2024
With talent acquisition continuing to be a huge industry challenge, the global research project “Energy Sector Entry and the Perceived Barriers” was commissioned by OPITO to better understand young people’s perceived barriers to entering the energy sector.
Article
October 2024
The oil and gas industry has used CO2 for enhanced oil recovery (EOR) in mature reservoirs for 50 years. Now, as CCUS becomes a critical part of the industry's decarbonization strategy, lessons learned from EOR can help solve CO2-related subsurface challenges.
Article
October 2024
Engineers leveraged data analytics, domain knowledge, and physics and machine-learning models to generate a depth-based optimum operating parameter roadmap automatically. This workflow enables ROP improvement and the reduction of drilling risks, becoming a key element for evolution of autonomous drilling operations and well cost reduction.
News
October 29, 2024
(Bloomberg) — A surge in energy demand from technology giants that are rapidly developing cloud computing and artificial intelligence — known as hyperscalers — is becoming a major boon for the fossil fuel industry.
News
October 25, 2024
Techouse has teamed up with TotalEnergies, Equinor and SINTEF Energy Research, to develop and test a compact, lightweight once-through steam generator (OTSG) to reduce fuel consumption and CO2 emissions from offshore oil and gas installations.
News
October 24, 2024
(WO) — U.S. natural gas production from shale and tight formations decreased slightly in the first nine months of 2024 compared with the same period in 2023, according the U.S. Energy Information Administration (EIA).
