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IOCL to spend Rs 2,282 crore to establish second R&D centre in Faridabad
Sept. 11, 2019

IOCL to spend Rs 2,282 crore to establish second R&D centre in Faridabad

India’s largest oil guzzler, IOCL is looking to establish its second Research and Development (R&D) centre, nearby to an existing facility in Faridabad, Haryana. The proposed facility to be set-up at a cost of Rs 2,282 crore will research on alternative & renewable energy, industrial bio-technology, nanotechnology, refining technology, petrochemicals, applied metallurgy, pipeline research, catalytic interventions for clean energy processes and carbon nanotube & batteries.

Exxon to heavily invest in lower-emission technologies
May 9, 2019

Exxon to heavily invest in lower-emission technologies

ExxonMobil informed about its investment of almost $100 million for 10 years for the research and development of advanced lower-emissions technologies. Exxon will work with the US Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory. CEO of Exxon said, "We’re focusing on advancing fundamental science to develop breakthrough solutions that can make a difference on a global basis in emissions reduction".

Halliburton presents new Motors Center of Excellence
March 6, 2019
Source: World Oil

Halliburton presents new Motors Center of Excellence

Oilfield services giant, Halliburton has established Motors Center of Excellence which will work towards customizing motor designs for specific basin challenges. The center leverages mechanical engineering expertise to deliver highly durable motors that drill quicker and enables longer runs with a higher rate of penetration. Halliburton is looking forward to escalating research and development activities for delivering prominent drilling motors to the industry.

Emulsified oil separation becomes easy
Aug. 17, 2018
Source: World Oil

Emulsified oil separation becomes easy

The scientists of Texas based Rice University have found a solution to the problem of stable oil-in-water emulsions that are made from oil reservoirs. A magnetic nanoparticle-based solution that will remove approximately 99% of oil from emulsions after all the other processing. Though there are previously existing methods for the same, yet the concern was over the 5% of oil that still remains. Shell Global Solutions sponsored the project.

ADNOC’s Downstream Director’s message at RDPETRO 2018
May 10, 2018

ADNOC’s Downstream Director’s message at RDPETRO 2018

Abdulaziz Alhajri, downstream director at ADNOC addressed the largest R&D conference for the oil and gas industry, International Research and Development Petroleum Conference and Exhibition (RDPETRO) in Abu Dhabi. In his keynote speech he emphasised that increasing global demand for high-value refined and petrochemical products is creating new growth opportunities across the value chain, at a time when unlocking oil and gas resources becomes more challenging.

DED to support start-ups at RDPETRO
April 18, 2018

DED to support start-ups at RDPETRO

The Department of Economic Development (DED) of Abu Dhabi has announced support for the Start-Up Hub at RDPETRO, to be held during 9-10 May, 2018. It is the largest international oil and gas conference completely dedicated to research and development in this field and presents tremendous business opportunities for the emerging organizations.

TGS announces the AM18 Extension
April 12, 2018
Source: World Oil

TGS announces the AM18 Extension

TGS, world’s largest geo-science data company, has announced an expansion of its Atlantic Margin (AM) multi-client program in the Norwegian Sea. Following the significant milestone of AM17, the new AM18 3D Extension will comprise 5,135 km² of 3D seismic data and covers a variety of play models with strati-graphic and structural traps in Paleocene and Cretaceous turbidite/fan deposits.

Geologists link volcanic ash from Cretaceous time with Shale oil and gas
March 14, 2018
Source: World Oil

Geologists link volcanic ash from Cretaceous time with Shale oil and gas

A new study by the geologists of Rice University reveals that ash rich in nutrients from a massive outburst of volcanic eruptions towards the culmination of the ‘dinosaur era’ had started a series of events that led to the formation of shale gas and oil fields all the way from Texas to Montana. Studies have often indicated a link between volcanic eruptions and unconventional shale hydrocarbons.

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