Technologies that have proved useful in the northern Gulf of Mexico could migrate south (Image credit: sshepard) Related Articles Mexico’s decision to end a 77-year state monopoly on oil production is starting to pay off, with 17 foreign companies involved in the latest round of bids for offshore blocks. Italy’s Eni was one of three
Read More
Carbon capture could provide a breakthrough in EOR techniques (Image credit: pixonaut) Related Articles Improved methods of enhanced oil recovery (EOR) will make the single largest contribution to lifting the technically recoverable volumes of oil and gas in the next 35 years, according to a new BP report that predicts technology will add 2 trillion
Read More
Subsea systems must be strong and durable to justify deployment. (Image credit: allianoi) In September 2013, Swiss-based technology group ABB entered into a joint industry program (JIP) with Norwegian operator Statoil to develop solutions for transmission, distribution and power conversion systems to power and control subsea pumps and gas compressors. Statoil is leading the $100
Read More
Image credit: porcorex Related Articles The two-day Conference dealt with the latest developments in data-driven production, and how firms are applying the latest techniques to improve the productivity, efficiency and reliability of their existing assets and operations. The concept of digital oil, or intelligent energy, has the potential to turn real-time data from an offshore
Read More