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Saudi Aramco is working on slashing the production cost of tight formations to around USD 2 to USD 3 per thousand cubic feet in the next couple of years, according Adnan Kanaan, manager of the Gas Reservoir Management Department (GRMD) at Saudi Aramco.
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Saudi Aramco’s new strategy aims to implement its intelligent field (I-Field) concept in all its upstream operations by 2016-2017, according to a source close to the company.
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Qatar has unveiled a plan to become the Middle East's energy research and development center now that it has completed a massive liquefied natural gas production upgrade.
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Saudi Aramco has made significant progress developing its shale gas reserves and will begin using shale gas for domestic industrial projects, the company said in its 2013 annual review.
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Governments and companies in the Middle East look to carbon capture and storage for reducing environmental impact and boosting oil production.
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As oil fields throughout the world are reaching maturity and requiring the use of secondary and tertiary recovery techniques, oil companies are looking for new processes and technologies to extract more oil from these aging fields.
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Andrew Vaughan, Shell vice president for Abu Dhabi, Kuwait, and Syria, and country chairman for Abu Dhabi, discusses how his company is promoting technology and innovation in the Middle East.
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Youssif Saleh, general manager of Qatar Shell Research and Technology Centre in the Qatar Science and Technology Park, discusses the R&D strategy of the center and Qatar.
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JPT interviewed Mohamed bin Saleh Al-Sada, Qatar’s minister of industry and energy, on the sidelines of this year’s IPTC.
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Technology, research, and project best practices critical for producing the next generation of energy resources was the focus of panel discussions and technical paper presentations at the International Petroleum Technology Conference (IPTC), held 20–22 January in Doha, Qatar.