Saudi Aramco

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 is tapping Halliburton’s expertise in developing unconventional resources to increase domestic gas production, a pillar of its long-term strategy.

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.

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?

Top industry professionals will be honored this week for their significant contributions to the oil and gas industry.

The load-out of a jacket for the Safaniya oil field marks the first jacket delivered to Saudi Aramco from McDermott’s recently opened Dammam fabrication yard.

At IHS CERAWeek, Saudi Arabian Energy Minster Khalid A. Al-Falih and Pemex Director General José Antonio González Anaya expressed cautious optimism for the short-term outlook.

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.

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.

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.