Oil Gas Technology’s Post

The #oilfield is small in terms of reserves, which makes its development by traditional methods economically impractical. Therefore, a technology was chosen to construct #wells with a large deviation from the vertical (Extended-Reach Drilling). #oilgas #oilindustry #oilandgasindustry #pipeline #oil

🌍🛢️ Exciting Development in the Energy Sector! #OilAndGas #InternationalBusiness #SustainableEnergy Iraq and China’s Hualu Engineering Ink Major Deal to Develop Al-Faw Refinery 🏭🤝 In a significant stride towards enhancing its energy infrastructure, Iraq has entered into a strategic agreement with Hualu Engineering, a subsidiary of China National Chemical Engineering Co., Ltd. (CNCEC), to develop the Al-Faw refinery. This ambitious initiative is set to refine 300,000 barrels per day, significantly boosting Iraq’s refining capacity and contributing to its economic growth. This partnership underscores the pivotal role that Chinese companies are playing in the global energy sector, particularly in Iraq, where they have become key players. The agreement with Hualu Engineering is not an isolated event; it follows closely on the heels of another major deal where China’s UEG won the bid to develop the Al-Faw oil and gas field located in the strategic tri-border area of Iraq, Kuwait, and Iran. Furthermore, in a recent hydrocarbon exploration licensing round that took place from May 11-13, Chinese companies emerged as the sole foreign victors, securing bids to develop 10 oil and gas fields across Iraq. This sweep by Chinese firms highlights their significant investment and commitment to the development of Iraq’s oil and gas sectors. These developments are expected to bring substantial economic benefits to Iraq, including job creation, enhanced local capabilities, and increased energy security. They also signify a deepening of the Sino-Iraqi economic relationship, setting a foundation for future collaborations in energy and beyond. Stay tuned for more updates as we follow the progress of this transformative venture that promises to reshape the energy landscape in Iraq and reinforce the growing economic ties between Iraq and China. 🌟 #EnergyDevelopment #IraqChinaPartnership #RefineryProject #BusinessGrowth #EconomicDevelopment #GlobalEnergy

  UNOC has announced its partnership with China Oilfield Services to supercharge Uganda's oil drilling prowess! With this pact, UNOC gains access to cutting-edge training in drilling exploration and engineering audits, paving the way for a brighter energy future. China Oilfield Services is already in action at the KingFisher Area, spudding and drilling away at 31 oil wells in Kikuube District. Ms. Proscovia Nabbanja, UNOC's CEO, revealed that three oil wells are already in the spudding phase, getting ready for some serious drilling action. The goal is to drill 31 wells, and the first oil will flow by 2025! UNOC, armed with an exploration licence, is gearing up to explore the oil-rich Kasurubani territory, which spans 1,285 square kilometres in Masindi Buliisa and Nwoya districts. This memorandum is for two years, with the potential for more excitement down the road! The ambition is to become the next CNOOC, or Total Energies, as Ms. Nabbanja puts it! These high-tech services will be instrumental in propelling us into major projects like pipelines and upstream initiatives! China Oilfield Services has a global footprint in oilfield services, making them the perfect partner for this adventure. Mr. William Zhong, the head of marketing at China Oilfield Services, sums it up perfectly: "This memorandum is all about building momentum for amazing cooperation, especially in the petroleum industry. We're here to offer comprehensive services, from exploration to decommissioning, and to share knowledge that strengthens our partnership.   Robert Ddamulira, Ph.D. Gwayambadde Ivan Dr. Tom Buringuriza Benard Ojiambo KIIZA THOMAS MICROWISE Indra Rachmansyah Ikechukwu Promise Obialor Dakim Dung Follow The African Energy Council for more energy news #UNOC #china #oilandgas #aecouncil #energy #oil #oilexploration #drilling #uganda #energytransition  

As the Libyan oil industry pushes forward, Zallaf Oil & Gas Exploration and Production celebrates a significant milestone: the successful export of the first batch of crude oil from the Erawin onshore oil field in Libya's Murzuq basin. With initial operations commencing in March 2023 at a production capacity of 3,000 bpd, this week the Erawin field reached a milestone with the first oil export of 600,000 barrels through the Zawia Terminal Port. Situated in the Murzuq basin's block NC200, the Erawin field, formerly known as H1-NC200, holds immense potential as multiple exploration wells have led to significant oil discoveries in the Mamuniyat formation. This achievement marks a pivotal moment as Zallaf continues its journey toward greater production capabilities, targeting 16,000 bpd upon completion of wells and pipelines linking the Erawin field to the Sharara field, managed by Akakus Oil Operations. Each step brings us close to reaching the National Oil Corporation's objective of achieving a production rate of two million bpd. Together, we can drive pivotal progress in Libya's oil sector and contribute to reaching this national goal. #Libya #oilandgas #energyindustry #progresstogether

Interesting News of a recently added project!! Bunga Aster Oil Field Country: Malaysia Locality : Malaysia/Vietnam Commercial Area Location: Block PM3 CAA Industry Sector: Upstream Terrain: Offshore Project Type: Exploration Project Status: Drilling & Appraisal Description: The discovery of oil field in Block PM3 CAA that is located in the Malaysia-Vietnam Commercial Arrangement Area. The field already encountered 17.5m of oil with up to 46m of oil column. Project Notes: The operator has announced that they had discovered oil in the Block PM3 CAA. The Bunga Aster-1 well, drilled by PV Drilling’s jack-up PV Drilling III, encountered around 17.5 m of oil-bearing sandstone with a potential oil column of up to 46 m. Initial assessments show promising reservoir characteristics, supported by the collection of multiple oil samples during logging.

The Mari Petroleum Company Limited (MARI) has announced a significant gas discovery at the Shewa-2 well in the Waziristan Block, located in the North Waziristan district of Khyber Pakhtunkhwa, Pakistan. MARI is the operator of the Waziristan Block, holding a 55% working interest. Other joint venture partners include OGDCL (35% working interest) and OPI (10% working interest). The well was drilled to a depth of 4,577 meters on November 01, 2023. The purpose of drilling was to appraise the Lockhart and Hangu formations, previously discovered at the Shewa-1 exploratory well, and to test the hydrocarbon potential of exploratory targets in the Samanasuk and Kawagarh formations. A Drill Stem Test (DST) carried out in the Kawagarh formation resulted in gas flow at a sustainable rate of 0.607 million standard cubic feet per day (MMSCFD) at a wellhead flowing pressure (WHFP) of 97 pounds per square inch (Psi) with a 32/64-inch choke size. This discovery is in addition to previously found hydrocarbon-bearing reservoirs in the Lockhart and Hangu formations at the Shewa-1 well. The Hungu formation was tested at a gas flow rate of 0.274 MMSCFD at a WHFP of 77 Psi with a 32/64-inch choke size. The Lockhart formation in the Shewa-2 well was tested (post-acid) at a gas flow rate of 51 MMSCFD and 391 barrels of condensate per day at a WHFP of 5,972 Psi with a 38/64-inch choke size. Exploration Success and Previous Achievements: MARI is an integrated oil and gas exploration and production company. The company boasts a high exploration success rate of around 70%, significantly surpassing industry averages. In the previous month, MARI successfully drilled and tested a horizontal well in District Daharki, Sindh. MARI's key customers include fertilizer manufacturers, power generation companies, gas distribution companies, and refineries. This discovery reinforces MARI's position as a major player in the oil and gas sector in Pakistan, contributing to the country's energy resources.

Rare. Having Dato' Ir. Ts. Dr. Badrulhisham and Datin Min over for a quick catch up. Dato' Bad is one of the key expert in rare earth metals in Malaysia. My hands-on mid-stream and down-stream operation of rare-earth metals super magnets during my K-Pop years complement Dato' Bad's extensive global experience in mining, process controls and rare earth studies - I guess both of us were shocked at the nation's incapability and incompetence to monetize from the God-given resources. It is, more valuable than gold in this age of renewable energy, EVs and 4IR! Engineering and new technologies could definitely resolve HSE risks. We just need to think BIGGER. InshaaAllah, something great will happen soon. Have a good week ahead my friends.

Hastings Technology Metals’ Q4 activities report was released today as we continue work to deliver our Yangibana Rare Earths Project. Activities focused on improving economics, identifying high-grade heavy rare earths, restructuring, capital raising, and project funding for the Yangibana Project. Here are some of our key updates: ◾ Yangibana Project: Remaining capital cost reduced to $320 million (inclusive of $27 million contingency). ◾ Savings: $56 million in total savings identified, with $26 million in operating cost savings during ramp-up and commissioning. ◾ Financial Position: $21.8 million in cash and cash equivalents as of 30 June 2024, plus a $7 million strategic placement binding term sheet announced post quarter end with JL Mag Green Tech Company Limited. ◾ Strategic Investment: JL Mag the world’s leading producer of rare earths permanent magnets with a market capitalisation of $3 billion will become a 9.8% strategic investor in Hastings. ◾ Exploration: High-grade heavy rare earths confirmed at Centipede Range. ◾ Development activities: At the end of the June quarter 2024, construction of the Yangibana Project was 32% complete. A total of $154 million has been spent on non-process infrastructure and long-lead equipment for the beneficiation plant. ◾ Procurement: Long-lead equipment for the Yangibana Project continued to arrive during the quarter including the flotation cells and storage silos. Read the full announcement: https://lnkd.in/gu-8CZin #Hastings #HastingsTechnologyMetals #YangibanaProject #ASX #JLMag #criticalminerals #rareearths

Egypt gas discovery! Shell has announced a gas discovery at the Mina West-1 exploration well, located on the North East El Amriya block, in the Mediterranean Sea. The company has stated that further evaluation is required to determine the size and recoverable potential of the discovery. KUFPEC farmed into the block in September this year acquiring a 40% interest, with Shell holding the remaining 60%. This is the first of Shell’s three-well exploration campaign. The Stena Forth drillship will move on to drill the Khufu-1 exploration well, also on the North East El Amriya block, and Oud-1 on the North Sidi Gaber block. The exploration campaign is in the vicinity of Shell’s flagship West Delta Deep Marine project, where discoveries could be tied into.

I am pleased to announce that my article, "Recent Technological Advancements in Horizontal Well Drilling and Productivity Optimization", has been translated to Spanish and published in the latest edition of Energy Journal "Petrorenova," (June 2024, vol. 10, issue10) Short summary in English: Recent technological advancements in the petroleum sector have significantly improved the drilling of horizontal wells, enhancing reservoir exposure and increasing the productivity index of oil producers. The integration of inflow control devices (ICDs) along the horizontal well trajectory has been pivotal in achieving flow pressure equalization at the bottom of the well. This ensures efficient oil production from both high-permeability and narrower sections of the reservoir. The strategic use of ICDs not only delays the intrusion of unwanted fluids but also optimizes oil sweep efficiency, thereby improving overall production outcomes. This article discusses the implications of these advancements, providing insights into their operational benefits and potential for future applications in the industry.