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Dr. Sultan Al Jaber Wants the Oil Sector to Lead on Climate

According to a recent article in Argus Media, Dr. Sultan al-Jaber, Chief Executive of Abu Dhabi National Oil Company (ADNOC) who will chair the UN Cop 28 climate conference later this year, highlighted that the oil and gas industry has a special responsibility for addressing climate change and promoting decarbonization of the global economy. “Alongside

Indonesia Requests Oil and Gas Operators to Install Carbon Capture Facilities

A Southeast Asian country is making a major move toward decarbonization. According to Reuters, oil and gas companies working in Indonesia are being urged to install carbon capture facilities in their working areas, the Energy Ministry said. While rich in resources, Indonesia is also one of the world’s biggest greenhouse gas emitters. The government said

NESR Inaugurates Flagship Innovation Center NORI In Saudi Arabia’s Dharan Techno Valley

A major innovation hub is opening in the Middle East. According to a news release, National Energy Services Reunited Corp. (NESR), an international provider of integrated energy services in the Middle East and North Africa region, announced the opening of its NESR Oilfield Research & Innovation (NORI) Center in Saudi Arabia’s Dharan Techno Valley. NESR

CO2 Injection Monitoring and Deep Learning with Wenyi Hu

Wenyi Hu is working on some cutting-edge technologies in oil and gas. A global machine learning/AI scientist with SLB, Wenyi is currently devoting his time to researching seismic modeling, inversion, and, most recently, data science and machine learning. “At SLB, I’m working on machine learning, particularly deep learning applications on many areas of the oil

Denmark Awards First CO2 Storage Licenses in the North Sea

A Scandinavian country is taking a major step in CO2 storage. According to Reuters, Denmark has awarded its first licenses to capture and store carbon in the North Sea to Wintershall Dea, INEOS Energy, and TotalEnergies, the country’s climate and energy ministry said. Denmark has set a target of reaching net zero carbon emissions by

Digitization of Oilfields Presents Opportunities for 5G Growth

Some recently published research shows 5G will soon take a much larger role in oil and gas field operations. According to a press release from Business Wire, the global 5G in the oil and gas market is expected to grow at a CAGR of 25.81% during 2023-2030. 5G is amongst the key technologies that are

New Petrobras CEO Says to Drive Energy Shift While Expanding Oil and Gas

A major oil and gas provider in South America is establishing itself as a leader in the future of energy in Brazil. According to Reuters, the new chief executive of Petrobras informed employees that the oil company would drive Brazil’s evolution to renewable energy while keeping its oil and gas expansion on track. In a

Shell Moves Forward in Global Digitalization of Ops with Kabal Software

An oil and gas major is taking a major step toward digitalization. According to Offshore Energy, UK-headquartered energy giant Shell has advanced its digitalization journey through a global agreement with Kabal, a logistics and supply chain SaaS solutions provider to the energy industry. Kabal disclosed on Thursday that its software is already being used by

Indonesia Approves Over $3 Billion in Revised Development Plan for Eni’s Merakes Fields

A Southeast Asian country is making a major expansion in its gas fields. According to Reuters, Indonesia’s upstream oil and gas regulator said the country had approved a revised development plan for its Merakes and Merakes East gas fields with a total investment of $3.35 billion. The project, operated by the local unit of Italian

Exxon Prepares to Start Up $2 Bln Texas Oil Refinery Expansion

An oil and gas major is dramatically expanding in the United States. According to Reuters (via EnergyNow), Exxon Mobil Corp will soon boost gasoline and diesel production at its Beaumont, Texas, refinery completing a $2 billion expansion first considered nine years ago, people familiar with the matter said. Reuters reports that the initial startup of

Norway’s $30 Billion of Projects to Sustain Gas Flow to 2026

Norway will be able to sustain gas production at last year’s elevated level until at least 2026 thanks to 300 billion Norwegian kroner ($30 billion) of investment in new offshore fields. “Only rarely have we seen so much oil and gas produced on the Norwegian shelf as was the case last year – and only

SLB Opens Innovation Center in Abu Dhabi

An oilfield services company is making a major push toward innovation in the Middle East. According to the publication Oil and Gas Middle East, SLB, formerly Schlumberger, has expanded its “Innovation Factori” network by inaugurating a new center in Abu Dhabi. According to the company, the center will accelerate the development and deployment of enterprise-scale

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