The latest upstream news | Oilfield Technology
5 days ago — Chevron shutters Gulf of Mexico oil platform as Hurricane Milton approaches. The US oil giant has closed its Blind Faith platform and evacuated staff as the category five storm approaches. The latest upstream news and events from the oilfield industry, including oil rigs, drilling, oil fracking, and offshore and onshore projects.
CNOOC sees record oil and gas output from independent field
12 hours ago — China National Offshore Oil Corporation (CNOOC) has revealed a record cumulative production of 9 billion m 3 of natural gas and more than 900 000 m 3 of crude oil from the Deep Sea #1 field. Production from the field is set to rise further as CNOOC, China’s third-largest national oil company, completes the second phase of the field’s ...
Baker Hughes, Repsol to collaborate on AI-powered workflows
11 hours ago — Baker Hughes, an energy technology company, and Repsol, a global multi-energy company, have announced a new agreement to collaboratively develop and deploy artificial intelligence capabilities through the Leucipa TM automated field production solution. Through this collaboration, AI-powered automation workflows will be developed and implemented ...
Upstream news updates - Oilfield Technology
5 days ago — PRIO to acquire 40% interest in Peregrino oil field in Brazil. Tuesday 01 October 2024 10:00. Brazilian oil company Prio has agreed to acquire a 40% interest in the Peregrino and Pitangola Fields, jointly known as Peregrino, in the Campos Basin, offshore Brazil, for US$1.92 billion (10.43 billion reais).
Oilfield Technology magazine
Oilfield Technology - February 2024. The January/February issue of Oilfield Technology begins with a regional report outlining how upstream projects, large undeveloped resources, and changes in political trends are keeping Latin America on investors’ radars. Features in this issue include offshore, subsea, digitalisation and drilling projects.
The latest oil drilling & production news - Oilfield Technology
Oct 8, 2024 — PRIO to acquire 40% interest in Peregrino oil field in Brazil. Tuesday 01 October 2024 10:00. Brazilian oil company Prio has agreed to acquire a 40% interest in the Peregrino and Pitangola Fields, jointly known as Peregrino, in the Campos Basin, offshore Brazil, for US$1.92 billion (10.43 billion reais).
Digital oilfield news & reports | Upstream
Sep 9, 2024 — Seeq’s analytics platform selected by Equinor. The companies have announced a multi-year commercial agreement for the Seeq Industrial Analytics and AI platform to be leveraged across Equinor’s global assets to further accelerate digital transformation outcomes. News and updates on the latest technical innovation from the digital oilfield ...
Oil & gas product news - Oilfield Technology
Jul 4, 2024 — Indosat Ooredoo Hutchison announces suite of AI-powered oil and gas solutions. Thursday 04 July 2024 09:00. The new AI-powered solutions were introduced to the industry at a meeting of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) with the SKK Migas – KKKS Contractors, held on 12 – 14 June 2024, in Nusa Dua ...
March 2022 - Oilfield Technology
March 2022. Oilfield Technology’s first issue of 2022 begins with analysis from Wood Mackenzie on the disconnect between surging oil prices and US oil production growth and investment. The rest of the issue is dedicated to features covering sand removal technology, dissolvable frac plug technology, digitalisation of offshore operations ...
June 2022 - Oilfield Technology
Oilfield Technology’s Summer 2022 issue starts with a report from Rystad Energy focusing on the upstream industry in Southeast Asia. The rest of the issue is dedicated to features covering advances in drilling, rig design, software and AI, corrosion and maintenance, artificial lift, flow control, and more.