ADNOC Joins the Blockchain Ranks, Inks Deal With IBM
The blockchain-based automated system pilot is expected to integrate oil and gas production, providing a platform for the tracking, validating, and execution of transactions at every stage of the project life cycle.
10 December 2018
29 November 2018
27 November 2018
11 December 2018
19 November 2018
Equinor Starts Production From Aasta Hansteen Gas Field
A project of “firsts,” Equinor’s Aasta Hansteen spar platform began producing gas on 16 December, opening a new region for gas export to Europe and the UK.
US To Become Third-Largest LNG Exporter in 2019
The US EIA projects LNG export capacity will rise to 8.9 Bcf/D by the end of next year, making the US the third-largest exporting country in the world behind Australia and Qatar.
Equinor, Faroe To Swap Norwegian Offshore Assets
The deal gives Equinor an additional 7.5% ownership stake in the Njord redevelopment project and associated tiebacks in the Norwegian Sea, and potentially raises Faroe’s value in the midst of a hostile takeover attempt by DNO.
Apache Begins Production at Garten in UKCS
Startup comes 8 months after the initial discovery in March, marking the second successful tieback since 2017 to the Beryl Alpha platform in the UK North Sea.
UK North Sea Decommissioning Costs Projected To Drop
An influx of new investment and operational efficiencies borne out of the oil price downturn have led to a drop in projected decommissioning costs. Decommissioning multiple wells in one campaign helped some operators achieve time savings of 33% per well.
SPE Agreements Will Promote Social Responsibility, Sustainability
SPE signed agreements with two leading industry associations to promote knowledge sharing and best practice in social responsibility.
Zero-Emissions Metal Gasket
18 Dec 2018
Clock Spring Co. announced a technology licensing and distribution agreement for the Pipeotech AS De ...
Progressing Cavity Pumps
28 Nov 2018
Allweiler GmbH’s OptiFix is a pump designed for wastewater treatment applications. It can be disasse ...
TECHNICAL PAPER SYNOPSES
Gerald Verbeek, Verbeek Management Services, has served as the Oil and Gas Facilities’ technical paper editor since 2013. Featured are synopses of his selection of papers on big data in the oil and gas industry.
Big Data, Big Decisions: Capturing the Power of Data in Operations and Business
Discussions of big data and its management are increasing across our industry and disciplines. This selection of technical papers takes a look at data mining, the ethical issues associated with it, and the status of data-driven methods.
Condition-Based Maintenance Helps Develop a North Sea Low-Manned Platform
Remote condition monitoring of offshore platform equipment tracks performance data, watching for deviations from baseline benchmarks. Unexpected variances can be investigated and serviced by technicians dispatched to target the root causes—an approach called condition-based maintenance.
Harnessing Data To Overcome the Barriers of Digital Adoption
Digitalization in the oil and gas industry has been the focus of much discussion, but little has been written on the slow rate of adoption. This paper outlines some of the barriers the industry faces as it assimilates into Industry 4.0—automation and data integration in manufacturing.
Data-Management Methods Connect Subsea Assets
Digitalization in operating, maintaining, and upgrading subsea plants to reduce cost includes making information available to the control-room operator, reducing alarms, tuning the control system for optimal performance, condition monitoring, and condition-based maintenance.
Establishing Data Ethics in Oil and Gas Operations
The use of data-intensive decision making and smart risk-management solutions has resulted in the improvement of the ethical foundations underlying the industry. These digital tools and machine-based cognitive processes for risk-avoidance have also helped restore the public’s trust in the industry.
Data-Driven Methods Present Potential for Success
Data-driven methods offer significant advantages in the industry, under certain conditions, over conventional methods. But reservations still exist about their use. The paper serves to bridge the gap between unclear understanding of these methods and their successful acceptance and implementation.
SAVVY SEPARATOR SERIES
Savvy Separator: 5 Lessons To Simplify Separator Troubleshooting
Troubleshooting and solving separation problems takes a combination of analytical tools, experience, and a knack for investigation. These 5 lessons provide a starting point for assessment.
Savvy Separator: Oversizing Separators—Too Much of a Good Thing?
Oversizing a separator ensures meeting the life cycle needs of a facility, but are we setting ourselves up for failure in the long run? With peak rates typically being short-lived at best, or at worse, well beyond actual production rates, more weight needs to be given to the tail-end of production.
PROJECT AND MARKET TRENDS
Sustained Subsea Hardware Investment Projected for Near Term
Westwood forecasts a recovery in the subsea market backed by a new wave of offshore investment. Subsea vessel operations and hardware expenditure are expected to total $152 billion from 2019 to 2023.
ON THE MOVE
11 December 2018
Maersk Supply Service announced that Karl Thorngren will take over as CFO effective 29 April. Thorng.......Read More
03 December 2018
Kreuz Subsea announced the appointment of Knut Eriksen as an independent non-executive director of i.......Read More
27 November 2018
Services provider THREE60 Energy appointed Walter Thain as group CEO. Thain has nearly three decades.......Read More
26 November 2018
Xodus Group named Gareth Jones as the lead for its decommissioning division. He will be responsible .......Read More
13 November 2018
Halliburton promoted Lance Loeffler to CFO. Loeffler had previously been vice president of investor .......Read More
Steven W. Green
09 November 2018
Chevron named Steven W. Green president of Chevron North America Exploration and Production, effecti.......Read More
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BP Sanctions Gas Projects in Trinidad and Tobago
First gas from the Cassia C platform, which will help maintain production rates to the Atlantic LNG terminal, is expected in 2021. The Matapal project, which will tie back to the Juniper platform, will come on stream in 2022.
Cheniere Energy Ships First LNG Cargo From Corpus Christi
Cheniere Energy today shipped the first cargo of LNG from its Corpus Christi liquefaction facility, marking the first export of LNG from Texas.
OGF Quiz: Can You Manage Engineering Activities on an EPC Job?
Do you have what it takes to manage engineering on an EPC job? This 10-question quiz will tell.
ITEMS OF NOTE
07 August 2018
20 July 2018
16 February 2018
18 December 2017
28 November 2017