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Industry headlines
ADNOC Drilling's Enersol to acquire Deep Well Services
ADNOC Drilling Company and Alpha Dhabi Holding announced today that their joint venture Enersol has agreed to acquire a 95% equity stake in Deep Well Services (DWS), for approximately $223 million...
ADNOC and AIQ launch agentic AI solution for global energy transformation
ADNOC and AIQ announced today at ADIPEC the launch of ENERGYai, the world’s first-of-its-kind custom-built agentic artificial intelligence (AI) solution for the global energy transformation.
TechnipFMC, Prysmian partner to apply offshore expertise in renewable sector
TechnipFMC and Prysmian today announced the two companies have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand fo...
Thailand pursues joint exploration with Cambodia worth billions despite backlash
(Bloomberg) – Thailand will press ahead with a plan to restart talks with Cambodia to jointly explore petroleum reserves worth an estimated $300 billion in a disputed offshore area, disregarding...
South Africa oil group pushes to amend new law causing regulatory, investor uncertainty
(Bloomberg) – Some oil explorers are “not satisfied” with South Africa’s industry rules that were signed into law last month, according to a lobby group. The Upstream Petroleum Resources De...
IPAA announces new Board of Directors appointments during 95th annual meeting
Last week, the Independent Petroleum Association of America (IPAA) – advocating for thousands of oil and natural gas producers that develop 90 percent of wells nationwide – held its fall Board...
ADNOC Group CEO highlights energy megatrends, transformation at ADIPEC
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, rallied the energy industry at the 40th ADIPEC meeting to lead...
DNV Inspection to expand low-carbon operations after recent growth
DNV Inspection, an independent assurance and risk management provider, has set its sights on aggressive growth in the low-carbon energy space following a run of contract wins in recent years.
IPAA announces leadership change, award recipient while addressing issues at annual meeting
During its 95th Annual Meeting in Boca Raton, Fla., last week, the Independent Petroleum Association of America (IPAA) announced its new chairman for a two-year term while also revealing its first...
Global study addresses skills deficit, perceived barriers in energy’s young workforce
With talent acquisition continuing to be a huge industry challenge, the global research project “Energy Sector Entry and the Perceived Barriers” was commissioned by OPITO to better understand y...
Industry alerts
Gate valve bonnet failures from thermal expansion of fluids at high temperature - In a steam-assisted gravity drainage application, immediately after start-up, a gate valve bonnet failure caused a release of pressure to atmosphere. In thermal applications throughout the oil and gas industry, there have been incidents of valve failures during start-up. Resulting damage can include stretching studs and loss of pressure integrity between the body and bonnet. The main cause is pressure build-up in the gate valve cavity from thermal expansion of fluids, which was completely full and isolated. Such pressure exceeded the rated working pressure of the valve.
Featured of the month
Baker Hughes
Baker Hughes provides the world's oil & gas industry with products and services for drilling, formation evaluation, completion, production and reservoir consulting. Baker Hughes operates in over 90 countries worldwide mainly based in countries with a mature petroleum industry as is the case with most oil & gas service companies.
Coiled tubing
Coiled tubing is a continuous string of tubing, rolled onto a spool. It is made from rolling strip material into a tubular form and resistance welding along its length. Coiled-Tubing (CT) continues to grow as an enabling technology that provides cost economy and time efficiency for the oil and gas industry. It has gained wider acceptance in all operations involved in oil and gas exploration.
Flow assurance
Flow assurance is essential to the sustained operability of production facilities. Flow assurance failures often result in production shut-down and costly interventions. What operating environments does flow assurance typically pose a challenge? Almost all, but some are worse than others.
Dr. Torben Lund Skovhus
Dr. Torben Lund Skovhus is Researcher and Project Manager at VIA University College in the Centre of Applied Research & Development in Building, Energy & Environment (Horsens, Denmark). Torben is currently chair of NACE TEG286X and ISMOS TSC an organization he co-founded in 2006.