Tuesday, November 5, 2024

Oil And Gas Reservoirs News

Increased Confidence in CO2 Storage

The bespoke drill rig being lowered over the side of the RRS James Cook. The rig is designed to push the curved steel pipe into the seabed sediment. Image: Copyright STEMM-CCS Project

If we are going to store large volumes of carbon dioxide (CO2) in depleted oil and gas reservoirs beneath the seabed we need to be sure that, in the unlikely event of a leak, we can detect it. A research expedition, carrying a world-first experiment designed to develop methods for the detection and monitoring of leaks…

US DOE Directs $30 Mln to Small Oil, Gas Projects

Six small U.S. oil and natural gas drilling projects will receive about $30 million in federal funding for research and development to help achieve President Donald Trump's policy of boosting output of fossil fuels, the Energy Department (DOE) said on Wednesday. The projects, selected by the DOE under the direction of Congress…

Optimus Seventh Generation Secures Safety Contract with BP

Derek Smith (Photo: Optimus Seventh Generation)

Optimus Seventh Generation, an Aberdeen headquartered behavioral change consultancy, has completed the first phase of a yearlong project with BP to induct all crew and contractors into its Life Extension Project on the Eastern Trough Area Project (ETAP) in the Central North Sea. ETAP is one of the largest and most complex developments in the North Sea…

BP Safety Contract for Optimus Seventh Generation

Optimus Seventh Generation, an Aberdeen headquartered behavioural change consultancy, has successfully completed the first phase of a yearlong project with BP to induct all crew and contractors into its Life Extension Project on the Eastern Trough Area Project (ETAP) in the Central North Sea.

Bibby Offshore Clinches BP Contract

Bibby Offshore, a leading subsea services provider to the oil and gas industry, has been awarded a multimillion pound contract by BP to replace subsea infrastructure in the Central North Sea. The work is part of the $1billion Eastern Trough Area Project (ETAP) Life Extension Project announced by BP in the summer.

UK’s Quantum Hubs Show Future Technology

Press releases- A packed audience at the Royal Society in London was given sight of the new technologies being developed at the UK’s four Quantum Technologies Hubs yesterday at the first Quantum Technology Showcase. Three hundred delegates from industry, business and government heard how the $411…

GE, Statoil Announce Open Innovation Challenge Winners

The objective of the Sand Challenge was to reduce truck trips. (Photo: Ole Jørgen Bratland)

GE and Statoil’s Sustainability Collaboration announced today the five winners of its inaugural Open Innovation Challenge that focused on addressing the use of sand in unconventional operations. Five Winning Technologies Address Alternatives for Sand in Shale Development: Sand plays a critical role in shale development and the hydraulic fracturing process.

Highest OTC Award for Petrobras

For the third time, Petrobras is set to receive the highest award that an oil company can be given, bestowed by the Offshore Technology Conference (OTC) committee, based in Houston, USA. The OTC Distinguished Achievement Award for Companies, Organizations, and Institutions provides recognition…

The Big One: Russia's Bazhenov Shale

As U.S. and EU policymakers have imposed targeted sanctions on Russian individuals and firms in response to the crisis in Ukraine, Western companies have sought to insulate their own projects from the political imbroglio and continue developing the country's vast oil and gas resources. Exxon…