Industry Trends
Article
December 2024
Article
December 2024
Ionic liquids (ILs) are not so new to the world of chemistry or even to the oil and gas industry, but their applications in oil and gas, in particular, are not widely known or utilized. Because there are so many potential IL chemical structures, there are yet to be discovered compounds, and applications, as well. In any case, ILs have, for some time, especially in the last decade, represented a remarkable breakthrough in chemical science.
Article
December 2024
This article explores the history of Tubing-Retrievable Safety Valves (TRSVs), highlighting their development milestones and introducing Halliburton’s EcoStar® all-electric TRSV. Created to meet reliability and operational performance needs, this product helps advance safety valve technology and points to a safer industry future.
News
December 30, 2024
(Bloomberg) – Carlos Slim, Latin America’s richest man, invested $1 billion this year into growing his crude-oil producing and refining portfolio in a bet that demand for fossil fuels isn’t going away anytime soon.
News
December 26, 2024
The oil & gas industry has seen a dip in active jobs in 2024, but hiring trends remain relatively better compared to pre-COVID levels. There has been a noticeable increase in job opportunities from non-U.S. companies, according to GlobalData.
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.
