Oil Gas Technology

This Oil and Gas Industry Overview discusses the history of #oilandgas production, three industry sectors — upstream, midstream, and downstream, geologic formations, types of oil and gas #wells, and the makeup of a well stream. #oil #gas #oilandgasindustry #oilgas #pipeline

The contract will be served by an extensive team of specialist subsea engineers, a large subsea tool pool, remote operations technology, and a newbuild vessel chartered to DeepOcean.  www.deepoceangroup.com Ocean services provider DeepOcean has been awarded its largest contract on record, a long-term subsea inspection, maintenance and repair (IMR) contract by Equinor. The eight-year contract will set a new benchmark for digitalized and environmentally friendly IMR operations. As part of this contract, DeepOcean will charter a vessel from Rem Offshore for the duration of the contract period. The state-of-the-art newbuild vessel will establish a new standard for digitalized and environmentally sustainable IMR operations. The vessel, Rem Ocean will have dual-fuel engines capable of running on bio-methanol and biodiesel, along with a battery energy storage system and regenerative energy systems. Rem Ocean will be equipped with an Autonomous Inspection Drone (AID), accelerating the dig

MOL Group and KMG to investigate new growth opportunities in the areas of hydrocarbon exploration and production, technology transfer, crude supply, and petrochemicals.  molgroup.info MOL Group and Kazakhstani national oil company KazMunayGas (KMG) have signed a cooperation agreement to jointly explore opportunities in the oil, gas and petrochemical sector. This agreement builds on the successful joint venture in Kazakhstan, where MOL, KMG and Sinopec from China have been producing gas and gas condensate at the Rozhkovskoye field. The Agreement’s key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan to increase the yield of mature producing fields and the sale of produced hydrocarbons in Europe. In addition to this, the partners will seek opportunities of potential petrochemical project concepts in Kazakhstan. Also, the two companies are looking for possible import of Kazakh crude oil to Europe and

The agreement aims to expand SASREF’s refining and petrochemical capabilities while fostering international collaboration.  www.aramco.com Aramco, Aramco affiliate Saudi Aramco Jubail Refinery Company (SASREF), and an affiliate of Rongsheng Petrochemical have signed a Development Framework Agreement in Beijing, China, that paves the way for an expansion project at SASREF in Jubail, Kingdom of Saudi Arabia. The tripartite agreement outlines the cooperation mechanism and planning relating to the design and development of the project, which aims to expand SASREF’s refining and petrochemical capabilities while fostering international collaboration. The SASREF expansion project is located in Jubail Industrial City along the Arabian Gulf coast in Saudi Arabia’s Eastern Province. The city has well-developed infrastructure and strategic geographical advantages. The project, which is currently in the PREFEED stage, envisages construction of large-scale steam crackers and the integra

The facilities will serve as a key infrastructure necessary to supply drilling and completions fluids and cement bulk handling critical to serve offshore oil and gas operations.  www.bakerhughes.com Baker Hughes announced the opening of its new liquid mud plant, cement bulk facility and integrated multi-modal facility to support Namibia’s burgeoning energy industry and increase localization opportunities. The facilities, including Namibia’s largest liquid mud plant in terms of volume and capacity, will serve as a key infrastructure necessary to supply drilling and completions fluids and cement bulk handling critical to serve offshore oil and gas operations. The integrated multi-modal facility will also house advanced testing and maintenance equipment to support a variety of subsea operations. The Walvis Bay facilities represent a substantial investment in the country from Baker Hughes. The liquid mud plant has the capacity to hold 15,000 barrels of drilling and completion flu

This technology is expected to play a key role in the Rovuma LNG project located on the Afungi peninsula in the municipality of Palma.  www.honeywell.com Honeywell is set to deliver technology for purifying natural gas prior to its liquefaction in a significant step for Mozambique's energy sector. The Mozambique Rovuma Venture (MRV) is set to address the rising global demand for natural gas and improve energy accessibility for millions in the area. This joint venture, which includes ExxonMobil, Eni S.p.A., and the China National Petroleum Corporation (CNPC), intends to implement Honeywell UOP’s temperature swing adsorption-based SeparSIVTM heavy hydrocarbon removal unit and MolSIVTM unit for removing water and carbon dioxide. This solvent-free LNG pretreatment process uses an adsorption-based system to remove water, CO2, mercury, and heavy hydrocarbons, ensuring minimal pressure loss. These units work together bring the LNG to the required specifications. ExxonMobil expects the

Completion of the Angore development unlocks a one trillion cubic feet natural gas resource to supply PNG LNG for years to come. Santos announced completion of the Angore project in PNG’s Hela Province, which will deliver up to 350 million standard cubic feet (mmscf) per day of gas to support stable, long-term PNG LNG production. Angore has performed strongly since the project was brought online. Santos Managing Director and Chief Executive Officer Kevin Gallagher said production success at Angore demonstrates the prolific nature of PNG’s gas resources in Hela. “The startup of Angore is one of a number of PNG highlights in 2024 for Santos and our joint venture partners – ExxonMobil, Kumul Petroleum Holdings, Mineral Resources Development Company and JX Nippon,” Mr Gallagher said. “The supply of associated gas from Kutubu through optimisation of the Central Processing Facility is also exceeding expectations with 16 billion cubic feet of gas accelerated so far this ye

The facility is planned to have a 16 million tons-per-year oil refining unit, a 1.5 million tons-per-year ethylene unit, a two million tons paraxylene and downstream derivatives capacity, and a 300,000 tons crude oil terminal.  www.aramco.com Aramco, China Petroleum & Chemical Corporation (SINOPEC), and Fujian Petrochemical Company Limited (FPCL) have broken ground on a new integrated refining and petrochemical complex in Fujian Province, China. The facility is planned to have a 16 million tons-per-year oil refining unit (320,000 barrels per day), a 1.5 million tons-per-year ethylene unit, a two million tons paraxylene and downstream derivatives capacity, and a 300,000 tons crude oil terminal. FPCL, a 50:50 joint venture between SINOPEC and Fujian Petrochemical Industrial Group Company, will own a 50% stake in the complex, with Aramco and SINOPEC each taking a 25% stake. The project is expected to be fully operational by the end of 2030. Mohammed Y. Al Qahtani, Aramco Down

Agreement for 0.52 mtpa is ADNOC Gas’ first LNG SPA with GAIL and reinforces ADNOC Gas’ position as a reliable and responsible global LNG provider.  www.adnoc.ae ADNOC Gas has signed a 10-year Sales and Purchase Agreement (SPA) with GAIL India Limited, India's largest natural gas company, to supply up to 0.52 million metric tonnes per annum (mtpa) of liquefied natural gas (LNG), starting in 2026. The SPA converts the previous Heads of Agreement between ADNOC Gas and GAIL, announced in January, into a definitive agreement. The LNG will be supplied from ADNOC Gas’ Das Island liquefaction facility, which has an LNG production capacity of 6.0 mtpa. It is the third longest-established LNG plant still in production globally. Since 1977, when operations began over 3,500 LNG cargoes have been shipped to customers around the world. To support its international growth ambitions, ADNOC Gas announced this week it expects to acquire ADNOC’s 60% stake in the Ruwais LNG plant, at cos

TotalEnergies' innovative AUSEA drone technology will support methane detection and reduction at Oil India sites.  totalenergies.com TotalEnergies and Oil India Limited (OIL) signed a Cooperation Agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA technology at OIL sites in India. State-owned enterprise OIL recently joined the Oil and Gas Decarbonization Charter (OGDC), a global industry initiative launched at COP28, co-chaired by TotalEnergies’ CEO. The OGDC’s ambition is to work towards net-zero operations by 2050, as well as near-zero upstream methane emissions and zero routine flaring by 2030. Moreover, OGDC members are committed to measuring and publicly reporting progress. In line with the OGDC’s principle of sharing good practices, TotalEnergies makes this technology available to other operators among the signatories, as an effective and recognized tool to detect, measure and eventually abate methane emissi