Global Upstream Industry Moves Into Survival Mode
As the fallout deepens from the coronavirus pandemic and the global collapse in oil and gas prices, oil- and gas-producing regions around the world are feeling the pain.
Succeeding at Petroleum Engineering in a Digital Age
Digital advances allow computers to do many of the tedious tasks once done by engineers, which frees them to focus on more interesting tasks.
First IPTC in Saudi Arabia Attracts Top Executives, Breaks Attendance Record
The first interdisciplinary oil and gas conference to be held in Saudi Arabia, the 12th International Petroleum Technology Conference, was the largest in its history in attendance. This features highlights of the panel and technical sessions, and an interview with Saudi Aramco CEO Amin Nasser.
Saudi Aramco Set To Make $110-Billion Investment in Tight Gas
The first of three major unconventional developments in Saudi Arabia has been given the green light. The project will underpin the country's goal to become a top gas exporter by 2030.
Saudi Oil Basins Rich and Complex
Saudi Arabia offers a seemingly bottomless supply of oil and an equally deep array of exploration challenges as well.
Nasser Satisfied With Aramco IPO, Advocates Climate Strategy
The head of the world’s largest oil company calls the current discussion of climate change too narrowly focused.
Saudi Arabia Pledges To Help Stabilize Market in Wake of US/Iran Tension
Saudi Arabia’s oil minister said OPEC must continue to work toward market stability to allow needed oil and gas investment to go forward.
Saudi Aramco IPO is a Go, Expected to Be Largest in History
The world’s most profitable company will be listed on a domestic exchange next month. The final valuation of the company is yet to be determined.
As Oil and Gas Data Multiply, so Do the Cybersecurity Threats
Saudi Aramco, BP, and Schlumberger pride themselves on staying at the forefront of digital technology development and deployment. But an equally daunting challenge for the industry heavyweights is keeping their ever-expanding digital systems secure.
Aramco Plan to Restart Damaged Oil Facilities “Optimistic”
Rystad estimates almost 2 million B/D will remain shut in on average during September and October, with full restoration to pre-attack levels not coming until closer to year end.
Supply Shock: Reactions to the Attack on Saudi Oil Facilities
Oil prices rose on the news that Saudi Arabian production was disrupted by aerial attacks. The massive outage might may boost US exports to new highs.
IPO Leads to Leadership Change at Saudi Aramco
The move to split oversight of Aramco from the Energy Ministry ends decades of tradition but is designed to avoid conflicts of interest ahead of what could be the largest IPO in history.
Aramco Advances 550,000-B/D Expansion of Marjan, Berri Fields
The world’s largest oil producer has awarded $18 billion in engineering, procurement, and construction contracts as part of its Marjan and Berri expansion projects.
Ghawar vs. Permian Basin: Is There Even a Comparison?
While some try to put the two enormous oil producers toe-to-toe, the best thing to do might be to understand why they are different.
Three Big Numbers Shaping the Global Crude Picture
Take a quick look at some of the data points shaping upstream headlines and the movement of oil supplies around the world.
What Does the New Silk Road Mean For Oil and Gas?
Executives from two of Asia’s largest national oil companies declared China’s Belt and Road Initiative project a driving force behind their shifting priorities to diversify the world’s energy mix.
One Industry of Global Citizens
An assortment of sustainability initiatives shows how the oil and gas industry, leveraging its reach, diversity, and resources, is going well beyond just supplying energy to impact the world for the better.
Aramco Hires More Women in March Toward Gender Diversity
The world’s largest oil company says it has doubled the number of women working for it in the last decade and is spearheading a number of initiatives to grow the trend.
Aramco, NOV To Form Saudi Onshore Drilling Joint Venture
Saudi Aramco’s aim to localize oilfield services in the kingdom is taking another step forward with an onshore drilling partnership with National Oilwell Varco.
Saudi Aramco, Halliburton Sign Landmark Deal
Saudi Aramco is tapping Halliburton’s expertise in developing unconventional resources to increase domestic gas production, a pillar of its long-term strategy.
Alternatives No Threat to Oil, Aramco CEO Says
Fears of peak oil demand are exaggerated, Saudi Aramco’s CEO says, despite recent headlines that advances in electric vehicles and worries about climate change will lead to a drop in global oil and gas use.
Looking for Innovation: Oilfield Services Remain a Challenge
The capital intensity of energy operations provides a challenge for early-stage companies looking to stand out. What makes companies innovative, and where are the areas where venture capital is seeing the most innovation?
Saudi Aramco CEO Takes Top Industry Honor
Top industry professionals will be honored this week for their significant contributions to the oil and gas industry.
Seeking Big Oil Production Gains By Fracturing With Microproppant
Early testing suggests that grains of proppant so small they need to be measured in microns can add production by slowing the notoriously rapid declines in unconventional wells.
Saudis Find Proppant Source in Their Own Back Yard
Although Saudi Arabia has plenty of sand, it took some ingenuity by Saudi Aramco and Schlumberger to figure out how to use it effectively as proppant.
Industry and Academia Continue Working on Big Ideas for Nanotechnology
A number of ongoing industry research projects are developing nanoparticles that work at the reservoir level and for fluid treatment. Though they may be a few years away from finalization, these efforts highlight nanotechnology’s increasingly sophisticated and growing application scope.
Scaling Up Smart Water
For nearly a decade, Saudi Aramco has been studying how altering the chemical makeup of seawater injected into its reservoirs can increase production. The result is "smart water" that can boost the sweep effectiveness of a waterflood.
With more wells to check than tools and time to do so, a methodology to predict wells with the highest risk of corrosion was developed.
Rethinking Proppant: From Liquid to Solid
At the SPE Hydraulic Fracturing Technology Conference, one of the most innovative ideas discussed was a liquid proppant designed to turn into strong spherical balls to keep a fracture open.
Steel Pipe May Offer A Window Into Reservoirs
Add a new possible use for downhole casing: It can serve as broadcast antennae.
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27 March 2020