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US baseline oil and gas production to decline 35% in 2019

2019-10-24 20:00:00| Oil IT Journal - www.oilit.com

AI-based study by IHS Markit delivers well-by-well production forecast for one million North American wells.

Tags: in production gas oil

 

Energy transition outlook 2019, oil and gas

2019-10-24 20:00:00| Oil IT Journal - www.oilit.com

DNV GL's crystal ball sees oil demand peaking in the mid 2020s as gas takes over as the world's main energy source. A peek into the digital future of oil and gas sees further de-manning supported by robotics and AI. 3D printing, drilling automation, wired drill pipe and wearables will also come to the mainstream. Maybe!

Tags: energy gas oil transition

 
 

GBC IIoT and digital solutions in oil and gas 2019, Amsterdam

2019-10-24 20:00:00| Oil IT Journal - www.oilit.com

McKinsey: LEAN, Lighthouses and the digital transformation. BHGE: BP Pharos' Post-Its. ENI: No more PoCs! Equinor: Omnia/Azure 'deliver more than expectations'. OMV Petrom trials Teradata. Bloomberg 'lack of astonishing results to date'. BP: how to fix digital underperformance. Linde: remote ops and the digital cylinder. Shell: PI at heart of transformation. Schneider Electric: predictive maintenance tops digital agenda. Askelos faster FEA. Startup pitches.

Tags: digital solutions gas oil

 

McDermott Awarded Fabrication Subcontract For Greater Tortue Ahmeyim Natural Gas Project

2019-10-24 17:18:02| OGI

The work is scheduled to begin in the third quarter 2019 and is expected to be completed by third quarter 2020 in McDermott's fabrication facility in Batam, Indonesia.

Tags: project natural greater gas

 

Equinor Sticks To 2019 Output Forecast As Low Gas Sales Hit Profit

2019-10-24 11:02:44| OGI

Equinor's third-quarter profit fell by more than expected on Oct. 24 after a significant decline in the volume and price of natural gas sold to Europe, although the Norwegian firm reiterated its forecast for flat 2019 production.

Tags: low sales hit gas

 

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