Zohr brings Egypt closer to energy self-sufficiency

2017 ◽  
Keyword(s):  
Oil And Gas ◽  
Rapid Development ◽  
Gas Production ◽  
Sharp Decline ◽  
Content Type ◽  
Self Sufficiency ◽  
Egyptian Government ◽  
Gas Fields ◽  
Oil And Gas Companies

Significance The Zohr field is one of the largest gas fields discovered in Egyptian waters. The launch of production heralds a major new supply of gas for the country as it faces a sharp decline in most of its existing gas fields. Impacts State-owned EGAS will buy Zohr-produced gas, adding to pressure on the government’s outstanding debts to international operators. The discovery of Zohr and its rapid development will increase interest in upstream opportunities from international oil and gas companies. The start of Zohr gas production will put on hold any consideration by the Egyptian government of gas imports from Israel and Cyprus.

Herd behaviour may prompt fears of LNG over-supply

2019 ◽  
Keyword(s):  
Oil And Gas ◽  
Gas Production ◽  
Liquefied Natural Gas ◽  
Import Prices ◽  
Content Type ◽  
Spot Prices ◽  
Herd Behaviour ◽  
Hemisphere Winter ◽  
Oil And Gas Companies ◽  
Northern Hemisphere Winter

Subject LNG investment outlook. Significance Spot prices of liquefied natural gas (LNG) have fallen this year, as new supply has collided with a relatively warm Northern Hemisphere winter. Oil and gas companies see a supply shortfall emerging in the mid-2020s and are investing in LNG plants. The deep decarbonisation required to meet 2030 climate change targets means gas is likely to gain market share against coal in power generation and oil in transport. Impacts Low LNG prices will encourage coal-for-gas switching and embolden new importers to enter the market. Higher flows of LNG into Europe as a result of falling domestic gas production will solidify the price cap on pipeline import prices. LNG will continue to make inroads in the shipping and land transport sectors.

The tectonic and stratigraphic framework of the United Kingdom's oil and gas fields

2003 ◽  
Vol 20 (1) ◽  
pp. 17-59 ◽  
Author(s):  
John R. Underhill
Keyword(s):  
Oil And Gas ◽  
Wide Spectrum ◽  
Sedimentary Basins ◽  
Gas Production ◽  
Oil And Gas Production ◽  
Oil And Gas Fields ◽  
East Midlands ◽  
Self Sufficiency ◽  
Stratigraphic Framework ◽  
Gas Fields

AbstractOnshore exploration success during the first half of the 20th century led to petroleum production from many, relatively small oil and gas accumulations in areas like the East Midlands, North Yorkshire and Midland Valley of Scotland. Despite this, the notion that exploration of the United Kingdom's continental shelf (UKCS) might lead to the country having self-sufficiency in oil and gas production would have been viewed as extremely fanciful as recently as the late 1950s. Yet as we pass into the new century, only thirty-five years on from the drilling of the first offshore well, that is exactly the position Britain finds itself in. By 2001, around three million barrels of oil equivalent were being produced each day from 239 fields. The producing fields have a wide geographical distribution, occur in a number of discrete sedimentary basins and contain a wide spectrum of reservoirs that were originally deposited in diverse sedimentary and stratigraphic units ranging from Devonian to Eocene in age. Although carbonates are represented, the main producing horizons have primarily proved to be siliciclastic in nature and were deposited in environments ranging from aeolian and fluviatile continental red beds, coastal plain, nearshore beach and shelfal settings all the way through to deep-marine, submarine fan sediments. This chapter attempts to place each of the main producing fields into their proper stratigraphic, tectonic and sedimentological context in order to demonstrate how a wide variety of factors have successfully combined to produce each of the prospective petroleum play fairways and hence, make the UKCS such a prolific and important petroleum province.

scholarly journals SEARCH AND DEVELOPMENT OF NEW DEPOSITS: METHODOLOGICAL APPROACH TO ECONOMIC ASSESSMENT OF APPLICATION IN THE OIL AND GAS INDUSTRY DIGITAL TECHNOLOGIES

2021 ◽  
Vol 3 (37) ◽  
pp. 53-66
Author(s):  
R.Kh. Azieva ◽  
Keyword(s):  
Oil And Gas ◽  
Digital Technologies ◽  
Economic Assessment ◽  
Oil And Gas Industry ◽  
Gas Production ◽  
Gas Industry ◽  
Oil And Gas Production ◽  
Oil And Gas Fields ◽  
Gas Fields ◽  
Oil And Gas Companies

The oil and gas complex is one of the main triggers of the industrial potential of the Russian Federation. An extremely important aspect for the Russian economy is the analysis of the introduction of intelligent digital technologies in the oil and gas industry, since it is necessary to immediately organize the transition from the traditional economy to the modern one – information, intellectual, digital. The use of digital technologies in the oil and gas industry is reduced to the automation of the entire process of oil and gas production and processing, and they are successfully integrated with digital control systems that are developed to solve the tasks of oil and gas processing enterprises in general. The article examines the features of the use of digital technologies by enterprises of the oil and gas complex at the stages of search and development of new oil and gas fields. The empirical basis of the study was made up of data on the reporting on the sustainable development of oil and gas companies of PJSC Gazprom Neft, PJSC Lukoil, PJSC NK Rosneft, PJSC Tatneft. The author identifies the problems of using digital technologies in the oil and gas industry, including: bimodal age distribution of the labor force; a significant increase in applications and data formats; global division of working groups; instant receipt of a huge amount of data in real time; a stable decrease in the number and size of new field discoveries; an increase in the cost of advanced technologies for restoring oil and gas production. In the context of the economic assessment of the search and development of new oil and gas fields, the use of an integral index of the use of digital technologies by oil and gas companies is proposed, which includes a number of indicators: the share of digital assets in the company's asset structure; the ratio of capital expenditures for digitalization of activities to the company's net profit; the share of employees with digital competencies; the share of new developed fields with the use of digital technologies; the profitability of the use of digital technologies (coefficient). The conclusion is substantiated that it is advisable for oil and gas companies to use the proposed conceptual model in order to identify the level of digitalization of the search and development of new oil and gas fields, which will allow improving the mechanism of state regulation of the country's oil and gas complex.

scholarly journals NATURAL AND ANTHROPOGENIC DYNAMICS OF PERMAFROST SOILS IN THE AREAS OF OIL AND GAS PRODUCTION IN YAMALO-NENETS AUTONOMOUS OKRUG

2015 ◽  
pp. 99-104 ◽  
Author(s):  
N. L. Mamaeva ◽  
S. A. Petrov
Keyword(s):  
Oil And Gas ◽  
Gas Production ◽  
Oil And Gas Production ◽  
Permafrost Rocks ◽  
Oil And Gas Fields ◽  
Permafrost Soils ◽  
Extreme North ◽  
Gas Fields ◽  
Cryogenic Processes ◽  
Nenets Autonomous

A research and comparison of natural and damaged (due to the active development of oil and gas fields) permafrost soils in the Jamalo-Nenets Autonomous Okrug were carried out. The analysis was run of correlation between an average monthly temperature of air, an average monthly sum of precipitation, the weight humidity and the thickness of the seasonal thawed layer. The conclusions were drawn about a poor resistance of landscapes on the permafrost rocks to the anthropogenic interventions, which in its turn is accompanied by the cryogenic processes and unfavorable influences on the Extreme North biosphere.

Automatic tool with adaptive suspension system for high-quality inspection of underwater risers

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Vivian Suzano Medeiros ◽  
Alan Conci Kubrusly ◽  
Raphael Lydia Bertoche ◽  
Miguel Andrade Freitas ◽  
Claudio Camerini ◽  
...  
Keyword(s):  
Control System ◽  
Oil And Gas ◽  
Pipe Wall ◽  
Mechanical Design ◽  
Experimental Tests ◽  
Gas Production ◽  
Suspension System ◽  
Inspection System ◽  
High Definition ◽  
Content Type

Purpose The inspection of flexible risers is a critical activity to ensure continuous productivity and safety in oil and gas production. The purpose of this paper is to present the design and development of a novel automatic underwater tool for riser inspection that fits the most commonly used riser diameters and significantly improves inspection quality and reduces its operating costs. Design/methodology/approach The mechanical and electronic design of the inspection system is discussed, as well as its embedded sensors and control system. The tool is equipped with a suspension system that is able to adapt to the riser diameter and negotiate obstacles on the pipe wall. Numerical simulations were carried out to analyze the mechanical design, and a hardware-in-the-loop simulation was developed for tuning the control system. Further, experimental results are presented and discussed. Findings Experimental tests in laboratory tanks and shallow seawater have confirmed the effectiveness of the tool for detailed real-time inspection of underwater pipelines. Practical implications The use of the proposed tool will potentially reduce the time and costs for riser inspection, currently performed by divers or high-cost ROVs. Originality/value The authors present a reliable tool able to perform automatic inspections up to 250 m deep in less than 30 min, equipped with a high-definition visual inspection system, composed of full-HD cameras and lasers and a suspension mechanism that can negotiate sharp obstacles in the pipe wall up to 25 mm high. The tool uses a comprehensive control system that autonomously performs a full inspection, collecting sensors data and returning safely to the surface. Its robust design can be used as basis for several other nondestructive techniques, such as ultrasound and X-ray.

Research shows oil and gas companies could do far more to help female expatriates to mobilize dual-career strategies

2020 ◽  
Vol 28 (6) ◽  
pp. 21-23
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Dual Career ◽  
Heterosexual Relationships ◽  
Strategic Choices ◽  
Gas Industry ◽  
Content Type ◽  
Employment Conditions ◽  
Career Strategies ◽  
Oil And Gas Companies

Purpose The purpose of this study is to examine how female expatriates mobilize couples’ dual-career coordination strategic choices to achieve their own and their partners’ desired career goals. Design/methodology/approach The researcher initially contacted 45 expatriate women in heterosexual relationships by email. More detailed interviews were done verbally with 20 of the women. The participants were asked to explain what actions they had taken, and also the effectiveness of any employer support, to maintain two successful careers Findings The women working were often angry and disappointed with their organizations’ lack of support for their dual career strategies. They adopted strategies of their own to further mutual careers while keeping relationships on track. One is to work with their organizations to secure favorable employment conditions that minimize periods of separation and, if possible, facilitate suitable employment for their partners. A second strategy is to develop personal tactics of cooperation and coordination Originality/value The results are a demonstration to the oil and gas industry that they need to do more to support dual career couples, or they will lose out on a lot of talent.

ANALYSIS OF THE USE OF ULTRASONIC TESTING METHODS IN THE FRAMEWORK OF CORROSION MONITORING OF INTERNAL CORROSION AT GAS PRODUCTION FACILITIES IN THE PRESENCE OF CARBON DIOXIDE

2020 ◽  
pp. 30-35
Author(s):  
D. N. Zapevalov ◽  
R. K. Vagapov
Keyword(s):  
Carbon Dioxide ◽  
Oil And Gas ◽  
Thickness Measurement ◽  
Gas Production ◽  
Corrosion Monitoring ◽  
Internal Corrosion ◽  
Ultrasonic Methods ◽  
Ultrasonic Thickness Measurement ◽  
Gas Fields ◽  
Production Facilities

The use of various intrusive and non-intrusive methods of corrosion monitoring makes it possible to assess the corrosion situation and the effectiveness of the applied corrosion protection agents in conditions of internal corrosion at gas production facilities due to the presence of aggressive gases. The analysis of the application of ultrasonic testing methods as part of corrosion monitoring of internal corrosion at gas production facilities in the presence of corrosive components is carried out. Ultrasonic thickness measurement is widely used as a non-intrusive method for monitoring internal corrosion and detecting corrosion defects in promising gas fields. Many gas fields (Bovanenkovskoye oil and gas condensate field, Urengoy oil and gas field and others) revealed corrosion defects due to cases of internal corrosion due to the presence of increased amounts of carbon dioxide in the produced hydrocarbons. Under conditions of corrosion in the presence of carbon dioxide, ultrasonic methods for measuring the thickness of a metal have certain limitations associated with the unpredictable local nature of carbon dioxide corrosion, which should be considered when used in gas facilities. The main method for measuring thickness under operational conditions is ultrasonic thickness measurement, which is used in conjunction with radiographic monitoring. Using these two main non-intrusive methods, corrosion monitoring monitors the thinning of the metal, the size and depth of local defects and the dynamics of their change over time. Based on the results of measuring the residual wall thickness of the pipe and equipment, the possibility of their further work is determined, and recommendations are made on extending the safe life of gas facilities. The authors analyzed the literature data on new options and technical solutions for the use of ultrasonic methods in the measurement of the thickness of a metal surface.

Divisions plague Libya's financial institutions

2016 ◽  
Keyword(s):  
Central Bank ◽  
Financial Institutions ◽  
Oil And Gas ◽  
Political Crisis ◽  
The Political ◽  
Economic Policies ◽  
Strong Basis ◽  
Content Type ◽  
Basic Services ◽  
Oil And Gas Companies

Subject Divisions in financial institutions. Significance The finance ministry of the UN-backed Government of National Accord (GNA) on December 21 called for an urgent meeting of the board of the Central Bank of Libya. More effective financial institutions could provide a strong basis for political reunification and economic revival. Yet the political crisis, corruption and pre-existing weaknesses undermine these institutions. Impacts The GNA will struggle to finance consistent basic services and implement coherent economic policies. Libyans will continue to lose confidence in the GNA, especially if the economy does not pick up. The NOC will still court international oil and gas companies to attract new investment.

Egypt will increase gas production to raise investment

2018 ◽  
Keyword(s):  
Beneficial Effect ◽  
Gas Production ◽  
Balance Of Payments ◽  
Content Type ◽  
Self Sufficiency ◽  
Exploration And Production ◽  
Fixed Prices ◽  
The Government ◽  
Upstream Investment

Significance The government wants to maintain upstream investment momentum following recent successes in increasing gas production to regain self-sufficiency and restart exports. Impacts Increased investment in exploration and production should bolster confidence in Egypt’s ability to honour its export commitments. New contracts would allow companies to sell their share of production, without being obliged to sell to the government at fixed prices. Gas exports will not generate huge revenues, but self-sufficiency will have a beneficial effect on the balance of payments.

There is no easy solution to Cuba’s fuel challenges

2019 ◽  
Keyword(s):  
United States ◽  
Oil And Gas ◽  
New Technologies ◽  
The United States ◽  
Gas Production ◽  
Oil Price ◽  
Oil And Gas Production ◽  
Content Type ◽  
Generating Capacity ◽  
Major Producer

Subject Cuba's energy troubles. Significance With a previously generous Venezuela facing economic crisis and the United States tightening sanctions, Cuba’s ability to augment its limited domestic oil and gas production is severely constrained. It lacks the export earnings to invest in new technologies and power generating capacity that could ease its fuel supply problems. Russia and China have spoken of offering assistance, but neither is inclined to provide handouts in the absence of commercial returns. Impacts Cuba has tried to trade more with Algeria and Angola but remains vulnerable to international oil price shifts. As a major producer of both sugar and biofuels, Brazil could provide a model for Cuba’s biofuel plans. Cubans are resilient and accustomed to hardship; the country’s looming economic troubles are unlikely to trigger serious unrest.

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