1. Turkish oil awarded Schlumberger a contract to develop its largest natural gas reserves
Turkish oil company recently awarded Schlumberger an important contract to provide end-to-end production solutions for Sakarya gas field, Turkey’s largest natural gas reserve, including engineering, procurement, construction and installation (EPCI).
The scope of the integrated project will cover underground solutions for onshore production, including well completion, subsea production system (SPS), subsea umbilical, riser, production line (surf) and early production facility (EPF).
2. Last week, the total number of oil and gas drilling rigs in the United States recorded the largest increase since April
On October 15, Baker Hughes Co., an energy service company, said in a concerned report that as an early indicator of future production, the number of oil and gas drilling rigs increased by 10 to 543 in the week ended October 15, the highest level since April 2020.
As oil prices soared to their highest level since 2014, U.S. energy producers increased oil and gas drilling platforms for the sixth consecutive week.
3. Halliburton launches ISTAR intelligent drilling and logging
Halliburton, the world’s largest comprehensive oilfield service company, released ISTAR intelligent drilling and logging platform on October 13. It is an integrated measurement platform with a variety of services, which can better control drilling and logging operations. The platform’s digital architecture supports automation, machine learning and artificial intelligence for reservoir evaluation, rapid drilling and continuous well delivery.
4. The United States announced a large-scale expansion of U.S. coastal wind farms
U.S. Interior Secretary DEB Harland said last Wednesday that the United States is planning to expand wind power plants in U.S. coastal areas, so as to expand the capacity of U.S. offshore wind power. The U.S. Marine Energy Administration is exploring leasable waters along the Atlantic and Pacific coasts, the Gulf of Maine, the Gulf of New York, the Central Atlantic and the Gulf of Mexico, as well as near North Carolina, California and Oregon. By 2025, the United States may create up to seven new leasable sea areas. This is seen as part of efforts to increase U.S. wind power capacity to 30 gigawatts by 2030.
A recent study shows that the U.S. offshore wind power supply chain may become a $109 billion market in the next decade. This is a significant upward revision of the $70 billion estimated two years ago.
5. Israel stops issuing onshore oil licenses
Karine elharar, Israel’s energy minister, said at a committee hearing of the Israeli parliament last Wednesday that Israel would no longer issue onshore oil exploration licenses and would focus on renewable energy
Post time: Oct-18-2021