Latest News

One of the largest presalt discoveries offshore Brazil has started producing oil. Libra field’s 1-year extended well test will provide technical data and cash for future development, which envisions three more FPSOs.

Southwest Research Institute has developed a leak detection system to autonomously monitor pipelines for hazardous chemical spills. R&D Magazine recently recognized the system as one of the 100 most significant innovations of 2017.

The CEO of Houston Mechatronics told an Aramco Innovation Day audience that robotics is at the same point that the Internet and online communication were at in the mid-1990s and will soon become “the iconic technology of this century.”

Advancements in extended-reach drilling continue from the ExxonMobil-operated Sakhalin-1 project. The latest “super complex” horizontal well stretches 15,000 m, which partner Rosneft says is a “world record.”

Oil and gas professionals may not consider solar power to be a serious threat, but it is poised to make serious inroads into the heating and cooling market.

A computer scientist with the US Federal Bureau of Investigation says that oil and gas companies must do more to protect themselves from cyberattacks.

The Extractive Industries Transparency Initiative has little impact on the US domestic oil and gas industry but has been transformative in some parts of the world. So why did the US pull out?

SNC-Lavalin was recognized by the Rice Global Engineering & Construction Forum’s Award of Excellence for the fast-track installation of a 150 MMcf/D natural gas processing plant for production from the offshore Venezuela Perla field.

Secrecy lies at the heart of invention and capitalism to reward innovators with exclusive rights to their creations. But that secrecy can also come at a cost. With drilling and fracturig, the ingredients and chemicals used to obtain oil and gas are legally allowed to be kept confidential.

Energy is overtaking banking and finance as a target for cybercriminals in the Middle East, yet companies in the sector are leaving themselves significantly more open to a successful attack, leading international experts have told the Security in Energy conference in Abu Dhabi.

According to the National Institute for Occupational Safety and Health, which recently released a report on 2014 oil and gas fatalities, 18% of the 101 deaths for the year were the result of roadway vehicle accidents.

ConocoPhillips is producing more oil from the North Slope as it advances development of the massive, historic region. The 1H NEWS viscous oil project is expected to flow 8,000 b/d at peak in 2018.