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A new idea from Equinor calls for autonomous submarines to transport CO2 from the surface to the seabed. The Norwegian operator says the shuttles could also carry oil and water for injection. Phase 1 is expected to be operational in 2024. For the offshore sector, the collapse in oil demand and prices came just as the market was beginning to look up. Now many companies are focused on survival.
Duri Field in Indonesia is the largest active steamflood project in the world. The field produces 73,000 BOPD, and 10,000 optimization jobs are executed annually to support base production. Fluid saturation isn't what it used to be when it comes to unconventional reservoirs. Our guest is among those sharing new research to discuss the shale sector’s changing perspectives on the importance of mobile hydrocarbons vs. immobile hydrocarbons. Knowing which horizon crude oil flows from and in what proportions has been a major challenge for shale producers.
Drone Used For World's First Logistics Operation to Equinor Platform The Norwegian company completed what it describes as the world’s first logistics operation with a drone to an offshore installation. Askeladd Vest is Phase 2 of the Snøhvit gas development, which is expected to see an FID this year. Sleipner’s share in net-zero emissions savings will be more than 150,000 tonnes per year. Although these look like ordinary tankers, they are unique and run on LNG and recovered oil vapors. The Norwegian wind farm is expected to start up in 2022.
Saudi energy minister warns speculators not to bet against the OPEC+ alliance. Personnel are returning to platforms in the Gulf of Mexico after Hurricane Sally was downgraded to a tropical depression late Wednesday, but the threat of another major hurricane remains as a tropical storm may form in the Gulf of Mexico today. Phase 1 involved a feasibility study for a facility capable of capturing 750,000 tonnes of CO2 annually. The next phase will explore building a facility capable of more than twice that amount. A new open innovation studio aims to use crowdsourcing to redefine the future of oil and gas exploration.
A new open innovation studio aims to use crowdsourcing to redefine the future of oil and gas exploration. To provide condition monitoring and combat fouling, the robot clings and moves along the hull walls. It is controlled via a 4G connection to clean and inspect the walls in line with individual vessel schedules developed through a proprietary algorithm and big data. The maritime technology company successfully completed a remote deadweight audit for a semisubmersible oil and gas drilling rig. Believed to be the first of its kind, the remote survey was developed in response to travel and social-distancing restrictions imposed during the COVID-19 pandemic.
Drone Used For World's First Logistics Operation to Equinor Platform The Norwegian company completed what it describes as the world’s first logistics operation with a drone to an offshore installation. Most crude exports coming out of the North Sea since March have been destined for Asia, where floating storage levels remain high. The Hydrogen Offshore Production project identifies an alternative to decommissioning by providing reuse options for offshore infrastructure. It aims to prove the feasibility of decentralized hydrogen generation, storage, and distribution to provide a bulk hydrogen solution. Even before the global pandemic impacted markets, decommissioning work in the North Sea region was expected to increase.
Winning innovators focused on environment, safety, and operational efficiency. He started in the oil and gas business running logs in the 1990s and by the end of the decade became a petroleum engineer at Equinor. Now, he is set to take over the company’s top position. The complete paper discusses Equinor’s operation planning tool, developed to present planners with the technical conditions of a platform, identify potentially dangerous combinations of concurrent activities, and propose learnings from 8 years of incident recordings. Four Equinor insiders are short-listed to succeed the current chief executive who is expected to step down from the Norwegian oil and gas company later this year.
A new open innovation studio aims to use crowdsourcing to redefine the future of oil and gas exploration. This paper presents the basic concepts and architecture of the Eni Reservoir Electromagnetic Mapping borehole electromagnetic mapping system that integrates borehole EM methodology with surface EM methods to provide real-time mapping of reservoir-fluid distribution during production or injection. Before the giant Johan Sverdrup field had produced even one barrel of oil, operator Equinor and its license partners set a recovery ambition of greater than 70% for the field. Advanced machine-learning methods combined with aspects of game theory are helping operators understand the drivers of water production and improve forecasting and economics in unconventional basins. The complete paper describes the development of the “digital field worker” at Johan Sverdrup, an initiative that has changed the approach toward not only construction and completion but also operations.
JPT interviewed Saudi Aramco President and Chief Executive Officer Amin Nasser during IPTC. He discussed the company’s outlook for the new year and the current state of the oil and gas industry. On the edge of the Arabian Desert, a megaproject located above the Arctic Circle was given the IPTC Excellence in Project Integration Award. The first interdisciplinary oil and gas conference to be held in Saudi Arabia, the 12th International Petroleum Technology Conference, was the largest in its history in attendance. This features highlights of the panel and technical sessions, and an interview with Saudi Aramco CEO Amin Nasser.