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The SPE Offshore Europe Conference and Exhibition, the largest upstream oil and gas conference outside of North America, will take place in Aberdeen on 8–11 September. -
The development and implementation of a globally competitive technology is very important to Saudi Aramco.
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Managing the business amid the downturn in the price of oil and overcoming the challenges facing the industry topped discussions during the 19th annual Middle East Oil & Gas Show and Conference (MEOS), held in Manama, Bahrain, in March.
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In its pursuit to enhance recovery from major producing reservoirs, the company is emphasizing high-impact technologies to achieve breakthroughs.
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For Abu Dhabi, research and development (R&D) provides an opportunity to facilitate the country’s transition from a hydrocarbon-based economy to a knowledge-based one and Abu Dhabi’s decision makers know that partnership and collaboration between companies and academia is key to R&D success.
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Saudi Aramco’s upstream strategy aims to implement the intelligent field concept in all of its upstream operations by 2016–2017 so it can better understand reservoirs and improve efficiency.
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A sharp decline in oil prices is pushing oil and gas companies to innovate to increase efficiency and prepare to meet the world’s long-term energy needs, panelists said at the International Petroleum Technology Conference (IPTC) held in Kuala Lumpur, Malaysia, in December.
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Although famous for its abundant oil fields, generations of production in the Middle East is putting sharper focus on ultimate recovery from these fields.
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Jim Moffat, chief executive officer of UAE-based oil and gas construction and engineering group Lamprell, says offshore drilling rig construction in the Middle East is booming.
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Saudi Aramco says its Manifa field is an example of how it is combining its technology and innovation capabilities to develop one of the most challenging megaprojects in the history of the company.
