Shale gas, and now tight oil has seen an unprecedented increase in energy supply in North America. It has entirely changed the energy landscape, resulting in a dramatic fall of the gas price and reversing long-term decline in US oil supplies…
I am very excited about the future of the oil & gas industry in the North Sea and internationally. The theme of this year’s SPE Offshore Europe conference is The next 50 years – but 50 years ago no-one could have predicted the way the UK oil & gas industry would develop or how we operate now…
Cubility’s MudCube shale shaker made a name for itself on its first commercial installation on Maersk Drilling’s Maersk Giant in the North Sea. The North Sea has long been a critical area of exploration and production within the oil and gas industry…
Clariant inaugurated a new research a new development in Suzano, Brazil. The laboratory begins operations with a complete infrastructure, state-ofthe- art equipment with a team of researchers dedicated to develop new generations of catalysts…
Shales are very fine-grained, clastic rocks that lose porosity through compaction. Sedimentary basins typically contain about 70% shale, Figure 1. Quantifying shale properties helps with predrill geologic and seismic interpretation, basin modeling…
Russia-based OMK held a ribbon-cutting ceremony to open its new pipe-manufacturing facility, which sits on 75 acres in Houston. The US$100 million investment was made in response to rising demand for oil country tubular goods (OCTG), especially by strong demand in North America’s shale plays.
VAM USA expanded its Houston-based Connection Technology Center to 90,000 sq ft, doubling its R&D capacity. The facility conducts harsh-environment testing of premium connections for shale applications and deepwater drilling in the Gulf of Mexico.
UK to resume fracking with control measures The UK's Department of Energy and Climate Change (DECC) announced on 13 December that hydraulic fracturing can resume although the practice will be subject to new controls.The new controls announced…
VAM's Houston facilityHouston facility tests GOM shale applicationsVAM USA has plans to expand its Houston-based Connection Technology Center to 90,000 sq ft, doubling its R&D capacity, the company announced on 29 November 2012.The…
Inside PazflorBelgian firm VRcontext International was recently contracted by Total E&P Angola to deliver a 3D immersive training simulator (ITS) for the Pazflor FPSO, to be anchored on one of Total’s largest offshore producing assets.The company’s…
Merger and acquisition activity in the oil & gas industry rebounded in 2010, up 35% over the previous year, Ernst & Young said last month. Global transaction value hit $270 billion last year, up from about $200 billion in 2009, the company said…
Merger and acquisition activity in the US oil & gas sector picked up steam 3Q 2010, despite ongoing uncertainty about business in the Gulf of Mexico, reported PricewaterhouseCoopers.For the three-month period ending 30 September, there were…
It is perhaps the biggest social and economic challenge of the world today: how will China acquire sufficient energy resources, of oil and perhaps even more important, natural gas, over the next several decades? China’s energy makeup is still quite primitive: 70% of China’s energy comes from coal…
firmsAker Solutions subsidiary STEP Offshore has been awarded exclusive rights to sell Derrick Equipment's solids control equipment and related products in Europe. The agreement is valid for capital equipment such as shale shakers, mud cleaners…
Water shortages could pose as great a threat to energy security as political instability or terrorism, leading peak oil theorist Matt Simmons told delegates at the Global Marine Renewable Energy Conference in Seattle, Washington, last month…
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