R&D/innovation
The London-based supermajor is stepping back from startup investing as it seeks to focus capital on its oil and gas business.
The events will be co-located 3–5 May 2027 at Reliant Park in Houston, Texas.
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
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In a year defined by a historically harsh oil-price crash that rippled with collateral damage across the industry, the most-read JPT report of 2020 was about a well so different, it needed a new name. -
A partnership between Saudi Aramco and Baker Hughes will build a plant where they will work to expand the uses of nonmetallic oilfield hardware, beginning with high-performance reinforced plastic pipe.
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Electrically powered completions equipment takes another step toward greater sector adoption with the announcement of this new agreement.
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The agreement will introduce rod couplings coated with nanolaminate technology with the goal of improving equipment reliability.
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FLITE Material Sciences says that its unique lasering process can be used on just about any type of material to make it either repel or attract water and oil. For an industry that deals with a lot of both, the technology has many potential use cases.
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Bringing the Heat: Aramco Field Tests High-Temperature Chemistry To Slash Tight-Gas Completion CostsSaudi Aramco and university researchers are experimenting with a thermochemical fracturing fluid that aims to eliminate more than half of the pumping horsepower typically required to complete horizontal wells.
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Though shelved by low oil prices, the plan to execute the largest enhanced oil recovery program of its kind offers insights into what it may take for the shale sector to escape pilot mode and scale up gas huff ’n’ puff operations.
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The research will focus on potential policy changes that could help increase oil and gas production from deepwater infrastructure already in place in the Gulf of Mexico to reduce stranded assets.
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The tech giant and supermajor have been working on cloud solutions already, but in a new agreement, they will combine their talents to create new technologies for oil and gas as well as energy consumers.
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A new open innovation studio aims to use crowdsourcing to redefine the future of oil and gas exploration.
