1. 2022 US International Offshore Oil Technology Exhibition (OTC) was held last week
From May 2 to 5, 2022, the global offshore oil and gas industry event – American International Offshore Oil Technology Exhibition (OTC) was successfully held in Houston. According to the post exhibition report of the organizers of the conference, 1064 enterprises from 39 countries and more than 24000 visitors (including 7000 from outside the United States) participated in this year’s OTC event, with an exhibition area of more than 24000 square meters. OTC’s website emphasizes that the event usually attracts more than 60000 energy professionals from more than 100 countries.
In order to further strengthen the cooperation of the whole industry, otc2022 launched a new energy transformation exhibition hall, which aims to highlight the technological progress of new and existing energy, and show the solutions developed for decarbonization, promoting sustainability and improving energy efficiency.
This year’s OTC will return to the usual first week of may in the iteration of 2020 and 2021. It has experienced a series of delays and cancellations. In March 2020, OTC postponed its meeting from May to the third quarter of 2020. In April 2020, OTC cancelled its 2020 meeting after “considering and considering the pandemic”. In November 2020, “due to the continuous challenges brought by covid-19″, the OTC board of directors postponed 2021 activities to August of that year.
OTC 2023 will be held at NRG center in Houston from May 1 to 4 next year.
2. Petrobras will invest US $16 billion to develop the Campos Basin off the coast of Brazil
Eduardo bordieri, strategy executive manager of Petrobras, announced at the American Offshore Technology Conference (OTC) last week that the company plans to invest US $16 billion in the reconstruction plan of Campos Basin in the next five years, including plans to introduce three new floating production, storage and unloading (FPSO) platforms in the region and connect more than 100 oil drilling platforms. Last year, the basin contributed nearly a quarter of the company’s total production.
The company also announced that it would invest $5.5 billion in exploration activities over the next five years.
3. Colombian national oil company says hydraulic fracturing technology can increase Colombia’s reserves for 15 years
Ecopetrol, Colombia’s main state-owned oil producer, said on Thursday that if commercial hydraulic fracturing technology is used in Colombia, it will increase oil and gas reserves for 12-15 years, and it is expected to make a ruling on the environmental license of the suspended hydraulic fracturing test project in June.
4. The US Department of energy will increase investment in offshore wind energy development in the United States
Jocelyn Braun saracino, head of offshore wind energy of the U.S. Department of energy, outlined the U.S. Department of energy’s strategy to promote offshore wind energy development at the OTC conference with the theme of “shaping the future: the development of offshore wind energy in the United States” held last Thursday.
The US Department of energy (DOE) is allocating funds and projects for the development of projects in the Gulf of Mexico, the Middle Atlantic and the Oregon coast. The authorities have called for wind energy projects to reach US $200 million (an increase of 86%) next year, compared with the previous budget of US $60 million per year. The US Department of energy (DOE) announced in March last year that it would achieve the goal of deploying 30 GW offshore wind turbines by 2030.
Post time: May-10-2022